Chinese stocks and commodities jump as Beijing eases some Covid-19 restrictions
11th Nov 2022 12:25
(Sharecast News) - Chinese stocks and the country's currency pushed higher after the Politburo Standing Committee issued new guidance aimed at better implementing its Zero-Covid policy.
Read moreSector movers: Miners jump, copper futures rally on China news
4th Nov 2022 15:40
(Sharecast News) - Mining shares soared at the end of the week following news that Beijing would approve the use of BioNTech's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China - although some analysts in the City sounded a skeptical note.
Read moreRio Tinto trims forecasts on weakening global economy
18th Oct 2022 07:02
(Sharecast News) - Rio Tinto trimmed its full-year production guidance on Tuesday, as the weakening global economic outlook weighed on the third quarter.
Read moreRio Tinto approves $55m start to underground work at Kennecott
27th Sep 2022 08:32
(Sharecast News) - Rio Tinto has approved a $55m investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, it announced on Tuesday.
Read moreRio Tinto strikes Pilbara JV agreement with China's Baowu
14th Sep 2022 07:01
(Sharecast News) - Mining giant Rio Tinto has formed a joint venture with China Baowu Steel Group to develop the Western Range iron ore project in Western Australia's Pilbara region.
Read moreRio Tinto to acquire remainder of Turquoise Hill Resources
6th Sep 2022 07:56
(Sharecast News) - Mining giant Rio Tinto has entered into a binding agreement to acquire all of the remaining shares of Turquoise Hill Resources that it does not currently own.
Read moreRio Tinto to buy out Canada's Turquoise Hill in $3.3bn deal
1st Sep 2022 07:44
(Sharecast News) - Rio Tinto said on Thursday that it has agreed to buy the remaining shares in Turquoise Hill Resources it does not already own for $3.3bn.
Read moreRio Tinto raises bid for owner of massive Mongolian copper mine
24th Aug 2022 17:35
(Sharecast News) - Rio Tinto upped its bid for Turquoise Hill, the majority owner of the Oyu Tolgoi copper mine in Mongolia.
Read moreTurquoise Hill rejects $2.7bn takeover offer from Rio Tinto
15th Aug 2022 10:35
(Sharecast News) - Miner Rio Tinto reiterated its $2.7bn takeover offer for Canada's Turquoise Hill Resources on Monday after it was rejected.
Read moreDirector dealings: Rio Tinto CEO invests a day after disappointing results
29th Jul 2022 16:31
(Sharecast News) - Rio Tinto was at the top of the list of director buys on Friday, after its chief executive officer bought almost half a million pounds worth of shares.
Read moreRio Tinto H1 profits slump 29% from record high
27th Jul 2022 07:39
(Sharecast News) - Mining giant Rio Tinto posted a 29% fall in interim profits and cut its dividend by more than half on Wednesday as weaker iron ore prices due to cooling demand from Chinese consumers, higher costs, and labour shortages all weighed on the group.
Read moreBerenberg lowers target price on Rio Tinto ahead of H1 results
18th Jul 2022 09:36
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 4,200.0p to 4,100.0p on Monday following the group's second-quarter production report.
Read moreBerenberg downgrades Rio Tinto to 'sell', expects downside surprise in 1H results
7th Jul 2022 16:22
(Sharecast News) - Analysts at Berenberg downgraded their rating on shares of Rio Tinto from 'hold' to 'sell', telling clients that they believed there was more downside in the shares.
Read moreJP Morgan stays overweight on Glencore, sees China macro alignment for 2H 2022 outperformance
4th Jul 2022 10:27
(Sharecast News) - Analysts at JP Morgan sounded a bullish note on the outlook for European Middle East and Africa miners in the back half of 2022.
Read moreRio Tinto delivers first ore at Gudai-Darri project
15th Jun 2022 07:10
(Sharecast News) - Mining giant Rio Tinto has delivered first ore at its Gudai-Darri greenfield mine in Western Australia's Pilbara region.
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