Rio Tinto 's Largest International Mining Companies

BHP Billiton are a global company which values their host communities. BHP Billiton strive to be part of the communities and the purpose of their operation is to maintain long-term relationships with respect local cultures and create lasting benefits. Their contribution to their host communities is broad ranging. Which is through employment, taxes and royalties, support local, regional and national economies. BHP purchase local goods and services and develop infrastructure that will benefits entire communities. BHP voluntarily invest one per cent of their pre-tax profit in community programs. The purpose of this program is aim to have a long-lasting, positive impact on people’s quality of life. This

Mining has strong increase in revenues and investment in the mining sector and for other industries aligned to mining and resources. Modelling undertaken for this document estimates that the mining increase has on average delivered 0.62 per cent to whole funding

at Las Cristinas, Venezuela. The investment will allow 20,000 metric tons of additional ore to be mined

5. Newmont Mining Company can be linked with balance sheet number three. First clues is the number for PPE, 62, 6 % of total assets, which represents all the heavily machinery for mine excavation. The level of inventory suits best for this company when we take into

Being a small player in the copper industry, is both an advantage and disadvantage for MCM. They are able to do co-locations with customers that are local, which provides a value-added feature for the customer; often, shipping can be a heavy

Riodan’s Inventory accounts for a large share of its current assets (54%). On the surface this may represent a weakness however the company has an inventory turn of 5.35 (cost of goods sold annually/inventory) which means the company goes though its inventory 5.35 times per year or every 68 days. Riodan’s products are not perishable and enjoy a very long shelf life so this turnover rate of relatively good. This relatively high turnover rate allows for it to maintain relatively low cash balances as it can raise cash quickly from sale of inventory. This is reflected in the high balance of the accounts receivable.

In Esmeralda, in the tributaries Palabi, San Juan, Mira, Tululbi, Bogota, Cachabi, and other places, according to the mining geological research foundation. Per to the Chamber of Mines, in Ecuador there are significant gold mineral reserves as much as 71.667 million ounces. “Currently, in the 21st century, the gold mining extraction industry is in a transition phase. Because of the increase of gold prices, the industry is making high profits, and Ecuador is taking advantage of this situation. The relevance of gold mining in the country is demonstrated by its placement as the fourth most important with regards to Ecuadorian GDP. Gold extraction, in Ecuador, has a potential of 19.4 million/ounce in resources according to the Ecuadorian Mining Chamber. There are a number of supporting factors that make Ecuador favorable for gold exploration and mining. In recent years Ecuador has done much to foster and encourage foreign investment in its mining industry. The Ecuadorian government introduced sweeping changes to the Mining Law, the highlights of which include: Increasing the term of concessions to 30 years (renewable)-Streamlining the granting of title transfer from exploration to exploitation -Establish only a 5% mineral royalty payable to the government -Allowing foreigners to hold concessions 100% without Ecuadorian partners• Introducing guarantees into law which secure the

The Executive leadership of Riordan Manufacturing Company are visiting next week and our team has been asked to prepare this six page paper that goes along with the presentation as the initial rough draft of the company’s financial state components of the financial system and the required systems that will talk to the company’s financial system.

Fortescue is an Australian Iron Ore company, which constructed its first mine in 2006. Today they have mines all across the Pilbara region, at Kings, Firetail, Cloudbreak, and Christmas Creek with a network of rail that connects to Herb Elliott Port, in Western Australia. Fortescue is the world’s fourth largest iron ore producer, with a workforce as at 30 June 2014 comprising of 4,553 direct employees, with contractors employing a further 10,125 people. Their vision is to be the, ‘safest, lowest cost iron ore producer’ (Fortescue 2014), with safety, empowerment, enthusiasm, determination along with frugality, idea generation and goal setting, go in par with profitable and sustainable growth being Fortescues main focus. The amount of Ore

OZ Minerals Limited (ASX code: OZL) is a modern mining company based in Australia where their main focus are on copper. They own the Carrapateena and Prominent Hill copper-gold mine, both situated in South Australia. OZL has a weightage of 0.08% in the market. OZL and its wholly-owned Australian controlled entities are part of a tax consolidated group where OZL is the head of the tax consolidated group.

In short form, Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act mandates disclosure of conflict minerals originated in the Democratic Republic of the Congo (DRC) to the Securities Exchange Commission (SEC) and due diligence in sourcing those conflict minerals. Conflict minerals include gold, tantalum, tin, and tungsten, which are used in many popular consumer products used and manufactured throughout the globe. The use of conflict minerals is a growing concern for consumers due to the fact that in the DRC where these minerals can be mined cheaply, an alarmingly high amount of human rights violations are committed by Congolese warlords and

This article reports on the decline in Rio Tinto’s profit as a result of waning Chinese demand for Australian commodities, and the response of the company’s chief executive to the half yearly profit figures.

Executive summary Rio Tinto is the largest extractor of natural resources and minerals in Australia and Canada. The Rio Tinto Group founded in 1873 by a global group of investors when they purchased a mine multiplex from the Spanish government. They focus on discovering and developing the earth’s natural mineral resources in a socially responsible manner through the method of transferring them into valuable and essential products grouped under products of: aluminium, iron ore, copper, energy products, diamonds, gold, salt and other minerals. Rio Tinto is a world leader in the mining sector where 90% of their assets originate from significant operations in Australia, North America and Europe but are also found to have significant operations

BHP Billion, a merging cooperation of BHP and Billion in 2010 (BHP Billiton, 2011), is a world leading company in mining and resource exploiting. According to ASX data, BHP Billion has the largest business scales in the Australian market, AU$166 billion of market capital and AU$71 billion of annual operating revenue in FY13 (Australian Securities Exchange, 2014). Over 128,800 employees and contractors work in 26 countries worldwide to create value for their shareholders (BHPB Annual Report, 2013). The core business has been classified into five units: petroleum, copper, iron ore, coal and aluminum, making 20%, 18%, 17%, 31% and 14% respectively in the revenue of FY13. It can be seen from Graph 1 that although iron ore was not the segment with the largest assets, it still returned with the largest revenue and highest ROA rate in 2013. The following paragraphs will focus on the strategy analysis on the segment of iron ore and how it can conquer possible threats

To create a competitive advantage, a mine has to properly manage its exposure to gold price fluctuations. This is not an easy thing to do since there are so many factors to consider: when, how much, and how to hedge the gold production. Firms in this industry differentiate themselves based on the risk management strategies they implement. Furthermore, mines should also be able to minimize the cost of gold production along with making large sunk costs. Operating in