Citi predicts rebound for European miners
4th Nov 2020 11:23
(Sharecast News) - Citi named Anglo American, Rio Tinto and Polymetal International as its top metals and mining picks as the bank predicted earnings recovery and higher dividends for the sector.
Read moreMonday broker round-up
14th Sep 2020 13:49
(Sharecast News) - Redcentric: Canaccord initiates buy with a target price of 195.0p.
Read moreFriday broker round-up
11th Sep 2020 13:47
(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.
Read moreRio Tinto CEO to quit after Aboriginal cave demolition
11th Sep 2020 07:01
(Sharecast News) - Rio Tinto chief executive Jean-Sébastien Jacques has resigned after the company's board yielded to shareholder pressure over the destruction of sacred 46,000-year-old rock shelters in Western Australia.
Read moreCiti upgrades Rio Tinto to 'buy'
10th Sep 2020 12:22
(Sharecast News) - Citi upgraded Rio Tinto on Thursday to 'buy' from 'neutral' and hiked the price target to 5,300p from 4,600p as it argued that the case for expanded capital returns has strengthened.
Read moreRio Tinto bosses lose bonuses after destruction of Aboriginal sites
24th Aug 2020 07:50
(Sharecast News) - The short-term bonuses of Rio Tinto's chief executive and two other executives have been cut following the destruction of two ancient Aboriginal caves in Western Australia.
Read moreBofA sees gold hitting $3,000/oz., silver at $50/oz.
5th Aug 2020 11:34
(Sharecast News) - Strategists at Bank of America hiked their 18-month target for gold futures from $2,000/oz. to $3,000/oz. as governments continue to act to mend the damage from Covid-19, backstopped by central banks.
Read moreLondon midday: Upbeat readings on global manufacturing boost stocks
3rd Aug 2020 12:17
(Sharecast News) - Stocks in London have shaken off early losses, helped by the release of a much better than expected reading on euro area factory activity last month and similarly upbeat survey results overnight in China.
Read moreThursday broker round-up
30th Jul 2020 14:16
(Sharecast News) - Tullow Oil: Berenberg downgrades to hold with a target price of 40.0p.
Read moreRio Tinto pays dividend as iron ore prices soar
29th Jul 2020 07:20
(Sharecast News) - Soaring iron ore prices and better-than-expected interim profits allowed mining giant Rio Tinto to pay out a dividend.
Read moreMonday broker round-up
20th Jul 2020 13:32
(Sharecast News) - British American Tobacco: Jefferies downgrades to hold with a target price of 3,000.0p.
Read moreJPMorgan downgrades Ferrexpo but lifts price target
15th Jul 2020 13:05
(Sharecast News) - JPMorgan Cazenove downgraded its stance on shares of iron ore company Ferrexpo to 'underweight' from 'neutral' on Wednesday following the recent rise in the share price, as it took a look at the metals and mining sector.
Read moreRio Tinto to close New Zealand aluminium operation
9th Jul 2020 08:19
(Sharecast News) - Rio Tinto announced on Thursday that it will start planning the wind-down of operations, and the eventual closure of, its New Zealand Aluminium Smelters (NZAS) operation, following its strategic review.
Read moreRBC Capital upgrades Rio Tinto, highlights attractive dividend yield
8th Jul 2020 13:33
(Sharecast News) - RBC Capital Markets upgraded its stance on shares of miner Rio Tinto to 'sector perform' from 'underperform' on Wednesday, hiking the price target to 4,200p from 3,600p.
Read moreMonday broker round-up
6th Jul 2020 13:59
(Sharecast News) - Softcat: Citigroup downgrades to sell with a target price of 957.0p.
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