| Good morning, Rio Tinto and Australia’s richest person, mining magnate Gina Rinehart, have pulled the trigger to spend almost $2.5bn on a new iron ore mine in Western Australia's Pilbara after working through a four-year-long approval process. Meanwhile, Abu Dhabi’s XRG consortium is flying executives into Australia for face-to-face meetings as the $30bn takeover bid for Santos nears the due diligence stage. And tycoon Andrew Roberts has proposed a deal for his collapsed building empire under which he would contribute about $20m to pay staff, but some tradies and larger creditors are likely to be short-changed. | 