Rio Tinto slashes estimates at Oyu Tolgoi after mine redesign
3rd Jul 2020 08:10
(Sharecast News) - Australian miner Rio Tinto slashed copper reserve forecasts at its Oyu Tolgoi mine in Mongolia after design plans had to be redrawn due to more risks of rock instability.
Read moreThursday broker round-up
2nd Jul 2020 13:42
(Sharecast News) - Rio Tinto: Deutsche Bank upgrades to buy with a target price of 4,900.0p.
Read morePeter Toth takes new role on Rio Tinto executive
1st Jul 2020 07:42
(Sharecast News) - Rio Tinto has added a new role to its executive committee, it announced on Wednesday, with Peter Toth becoming group executive of strategy and development.
Read moreRio Tinto signs power plan deal for Mongolian copper mine
29th Jun 2020 07:08
(Sharecast News) - Rio Tinto, Turquoise Hill Resources and the Mongolian government have agreed on a domestic power plan for Oyu Tolgoi that prepares the ground for the government to fund and build a state-owned power plant at the giant copper mine.
Read moreRio Tinto agrees to publish review into destroyed heritage site
19th Jun 2020 07:03
(Sharecast News) - Rio Tinto has agreed to make public a review into its decision to destroy the Juukan Gorge Aboriginal heritage site after political and investor pressure over the botched operation.
Read moreDeutsche Bank ups targets for miners, positive on Chinese growth
11th Jun 2020 14:23
(Sharecast News) - Analysts at Deutsche Bank hiked their target prices for a raft of miners on Thursday, despite what it termed the "clear risks and uncertainties" around Covid-19 and the outlook for global demand.
Read moreThursday broker round-up
11th Jun 2020 12:45
(Sharecast News) - Lancashire Holdings: Barclays upgrades to overweight with a target price of 900p.
Read moreBofA upgrades Rio Tinto and BHP to 'buy' on iron ore outlook
29th May 2020 11:42
(Sharecast News) - Bank of America upgraded its ratings on BHP and Rio Tinto to 'buy' because iron ore cash flows will attract investors looking for relatively safe dividends.
Read moreMonday broker round-up
11th May 2020 13:48
(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.
Read moreThursday broker round-up
30th Apr 2020 13:16
(Sharecast News) - Mitchells & Butlers: JP Morgan upgrades to overweight with a target price of 340p.
Read moreShare buybacks face resistance in post-Covid world
24th Apr 2020 12:13
(Sharecast News) - Share buybacks already had a dubious reputation before the Covid-19 crisis but that didn't stop companies purchasing more and more of their own shares in the market.
Read moreMonday broker round-up
20th Apr 2020 13:41
(Sharecast News) - Abcam: RBC Capital Markets upgrades to outperform with a target price of 1,300p.
Read moreRio Tinto beats Q1 iron ore production estimates, lowers annual forecast
17th Apr 2020 09:27
(Sharecast News) - Mining giant Rio Tinto posted stronger than expected iron ore production for the first quarter on Friday but lowered its annual copper output forecast due to disruptions caused by the Covid-19 pandemic.
Read moreAlmost a third of FTSE 100 cut or scrap dividends
15th Apr 2020 12:01
(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.
Read moreRio Tinto accused of violating human rights at Papua New Guinea plant
1st Apr 2020 09:22
(Sharecast News) - Mining giant Rio Tinto was accused of "multiple human rights violations" at its Panguna mine in Papua New Guinea after leaving people with poisoned water, polluted fields and a ruined river valley.
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