Rio Tinto Announces US$652 Million Investment in Continued Pre-Feasibility Studies on Deep Porphyry Copper Deposit in Arizona

Rio Tinto has announced an investment of US$652 million (Rio Tinto share US$341 million) to support continued pre-feasibility studies on a large, tier-one copper deposit at its Resolution Copper Mining LLC (RCML) operation in Superior, Arizona. Pre-feasibility studies are expected to be completed by 2012 with production at the new mine expected to start by 2020, eventually ramping up to 500,000 tonnes... 

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Philippine Gold-Rush Town Braces for Battle Over Mining Rights

Franco Tito has fought small-scale gold diggers like himself for 20 years to keep control of a 100- meter mountain tunnel in the southern Philippines. Now he’s girding for battle against the world’s biggest mining companies. “You can’t expect miners like us to give up to overseas investors our only source of livelihood,” said Tito, 49, the chief of Diwalwal, a gold-rush...