World’s second biggest mining company to pay dividend of $2.15 a share despite reporting net loss of $866mRio Tinto has reported a loss for 2015 after prices for iron ore and copper plummeted. The world’s second biggest mining company has scrapped its promise to preserve or lift its dividend annually for this year onward owing to a tough outlook. Related: 'Substantial' Australian job losses planned at BHP mining spin-off South32 Continue reading...
Source: theguardian.com