Jefferies upgrades Anglo American, BHP, Rio Tinto

7th Jun 2022 12:14

(Sharecast News) - Jefferies upgraded its stance on shares of Anglo American, BHP and Rio Tinto on Tuesday and lifted its iron and coal price forecasts as it took a look at the mining sector, arguing that it was undervalued and poised to recover.

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Europe close: Stocks jump led by Basic Resources and Banks

23rd May 2022 17:42

(Sharecast News) - European stocks started the week on the front foot following the very volatile trading conditions seen over the preceding five-day stretch.

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Turquoise Hill gets debt funding from Rio Tinto as it evaluates bid

19th May 2022 08:21

(Sharecast News) - Canada's Turquoise Hill Resources said Rio Tinto will provide it with interim debt funding of up to $400m while it assesses the Anglo-Australian mining giant's $2.7bn bid for the company.

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Berenberg downgards Rio Tinto to 'hold', cites steel demand headlines

21st Apr 2022 10:39

(Sharecast News) - Analysts at Berenberg downgraded mining giant Rio Tinto from 'buy' to 'hold' on Thursday, stating steel demand headlines had tempered sentiment.

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Rio Tinto Q1 iron ore shipments lower than expected

20th Apr 2022 07:04

(Sharecast News) - Anglo-Australian mining giant Rio Tinto on Wednesday reported lower-than-expected iron ore shipments in the first quarter as it warned of inflationary risk, a resurgence of Covid lockdowns in China and the impact of a prolonged Russia-Ukraine war.

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Wednesday preview: Fed Beige Book, Rio Tinto in the spotlight

20th Apr 2022 01:53

(Sharecast News) - The market spotlight in the middle of the week will be on the US central bank as its next policy meeting starts to come into view.

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Rio Tinto fined by ASIC over disclosure of RTCM impairment

7th Mar 2022 07:44

(Sharecast News) - Mining giant Rio Tinto said on Monday that it had reached a settlement with the Australian Securities and Investment Commission regarding disclosure of the impairment of Rio Tinto Coal Mozambique, which was reflected in its 2012 year-end accounts.

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Rio Tinto pays out huge dividend as profits surge

23rd Feb 2022 07:33

(Sharecast News) - Anglo-Australian miner Rio Tinto declared a massive final dividend as profits surged on the back of rising commodities prices.

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Rio Tinto report uncovers multiple sexual assaults, racism and culture of bullying

1st Feb 2022 09:10

(Sharecast News) - A report conducted by former Australian sex discrimination Commissioner Elizabeth Broderick has revealed that 21 women have been raped or sexually assaulted on Rio Tinto sites over the last five years.

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Rio Tinto resolves dispute with Mongolia over Oyu Tolgoi mine

25th Jan 2022 07:26

(Sharecast News) - Rio Tinto has resolved its long-running dispute with the Mongolian government over the $6.93bn expansion project for the company's Oyu Tolgoi copper-gold mining project.

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Serbia pulls plug on Rio Tinto's $2.4bn lithium project

21st Jan 2022 10:47

(Sharecast News) - Shares in Rio Tinto fell in both London and Australia on Friday, after Serbia revoked the miner's lithium exploration licences.

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Berenberg raises target price on Rio Tinto

19th Jan 2022 11:01

(Sharecast News) - Analysts at Berenberg hiked their target price on mining giant Rio Tinto from 5,500.0p to 5,700.0p on Wednesday after the firm's fourth-quarter production efforts were broadly in line with their estimates.

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Rio Tinto iron ore shipments down on labour shortages, mine delay

18th Jan 2022 07:24

(Sharecast News) - Anglo-Australian miner Rio Tinto said it expected 2022 iron ore shipments to be slightly weaker than forecast due to tight labour market conditions and production delays from its new greenfields mine at Gudai-Darri project.

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Berenberg upgrades Rio Tinto, Centamin

7th Jan 2022 14:16

(Sharecast News) - Berenberg upgraded Rio Tinto and Centamin on Friday as it took a look at the metals and mining sector.

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Berenberg maintains 'hold' rating on Rio Tinto following 'sensible' Salar del Rincon acquisition

22nd Dec 2021 10:09

(Sharecast News) - Analysts at Berenberg said in a flash note on Wednesday that Rio Tinto's $825.0m acquisition of the Salar del Rincon lithium brine project in Argentina was an "interesting deal" for the firm.

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