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Rio Tinto

NZ dollar drops to lowest level in three weeks

NZ dollar drops to lowest level in three weeks
Wellington, July 1 NZPA - The New Zealand dollar fell to its lowest level in three weeks today but the Australian dollar got a lift late in the session from reports of a deal on the controversial mining tax.

NZ dollar mixed and volatility expected to continue

NZ dollar mixed and volatility expected to continue
Wellington, May 24 NZPA - The New Zealand dollar fell today when the Australian dollar came under pressure. The NZ dollar fell to US67.39c by 5pm, after rising to US67.97c at 8am from US67.58c at 5pm yesterday.

Denham Capital invests in North Island iron sands

Denham Capital invests in North Island iron sands
Wellington, April 12 NZPA - United States-based private equity firm Denham Capital Management has taken a stake in company Trans-Tasman Resources (TTR), which is working toward ironsand mining offshore from the North Island west coast.

Smith Claims ETS Strikes `Balance' Between Jobs And Emissions

Smith Claims ETS Strikes `Balance' Between Jobs And Emissions
Wellington, Oct 28 NZPA - Climate Change Minister Nick Smith says the Government's emissions trading scheme strikes a " good balance" between providing jobs for New Zealanders reducing emissions.

Climate Subsidies Worth $225,000 For Each Tiwai Pt Job

Climate Subsidies Worth $225,000 For Each Tiwai Pt Job
Wellington, Oct 27 NZPA - The cost of government protection of Anglo-Australian mining giant Rio Tinto from carbon and electricity charges means taxpayers will pay the equivalent of $225,000 for each job at the Tiwai Point aluminium smelter, says a carbon expert.

ETS Bill Will Not Achieve Govt's Policy Target Says Env Com

ETS Bill Will Not Achieve Govt's Policy Target Says Env Com
Wellington, Oct 15 NZPA - The Government's amended emissions trading scheme has no chance of meeting National's target of a 50 percent reduction in greenhouse gases by 2050, the Parliamentary Commissioner for the Environment said today.

Tiwai Pt Aluminium Smelter Disputes $10m Power Bill

Wellington, July 3 NZPA - The Tiwai Pt aluminium smelter is disputing a $10 million bill for power it did not use for two months late last year after a transformer blew up.

NZ Sharemarket Rises, Leaders Mixed

NZ Sharemarket Rises, Leaders Mixed
Wellington, June 5 NZPA - The New Zealand sharemarket rose today but many eyes were on the Australian market's resource stocks.

NZ Dollar Consolidates In Range, Awaits MPs

NZ Dollar Consolidates In Range, Awaits MPs
Wellington, June 5 NZPA - The New Zealand dollar showed some composure on Friday, closing near where it opened. Around 5pm today the NZ dollar was buying US63.48c, little changed from US63.42 at 8am, and up from US62.97c at 5pm yesterday.

NZ Sharemarket Ahead Early

NZ Sharemarket Ahead Early
Wellington, June 5 NZPA - A 1.5 percent rise in top stock Telecom helped pull the New Zealand sharemarket ahead early, following moderate gains in United States equities.

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