Rio 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.
Read moreJefferies 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.
Read moreEurope 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.
Read moreTurquoise 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.
Read moreBerenberg 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.
Read moreRio 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.
Read moreWednesday 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.
Read moreRio 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.
Read moreRio 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.
Read moreRio 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.
Read moreRio 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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