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Mining

 
 
 
 
 
 

Rio Tinto energy business loses US$ 53 million

Diversified miner, Rio Tinto, has announced a US$ 53 million loss for its Energy Group in the first half of 2013, as total underlying earnings dropped 18% to US$ 4.3 billion.

 
 

Old King Coal lives on

Coal’s obituary has been written many times and yet the old king is still alive and well – even in regions that are actively seeking to kill it.