AUSTRALIA STORIES

Oz mines in the lead

Australia is celebrating after research from S&P Global Intelligence showed it played host to six of the world’s 10 most valuable mines in 2016.

Rio Tinto's Hamersley iron ore operations ran away with the top prize last year, according to S&P (Photo: Calistemon)

Rio Tinto's Hamersley iron ore operations ran away with the top prize last year, according to S&P (Photo: Calistemon)

Based on production value, Rio Tinto’s (LN:RIO) Hamersley consolidated iron ore operations were the world’s most valuable in 2016. The mines produced 185.2 million tonnes of iron ore for a total 2016...

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