New Rio Tinto boss should be open to large deals - report

8th Jul 2025 09:49

(Sharecast News) - Rio Tinto's new boss should be open to transformative merger and acquisition deals as well as sharpening productivity and cost cuts, according to a media report on Tuesday.

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London close: Markets rise as US payrolls blast past forecasts

3rd Jul 2025 17:39

(Sharecast News) - London stocks ended higher on Thursday, buoyed by a stabilisation in sterling after recent turbulence, as attention turned to a stronger-than-expected US payrolls report.

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Berenberg downgrades Rio Tinto, lifts targets for gold miners

3rd Jul 2025 10:12

(Sharecast News) - Berenberg has downgraded its rating for Rio Tinto as part of its review of the metals and mining sectors as it takes a "more cautious view" on iron ore.

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London close: Markets turn weaker in afternoon trading

2nd Jul 2025 17:35

(Sharecast News) - London stocks ended lower on Wednesday, giving up earlier gains as investor sentiment turned cautious following fresh US jobs data and lingering uncertainty over international trade negotiations ahead of the 9 July deadline set by US president Donald Trump.

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Rio Tinto, Hancock in $1.6bn deal to develop Pilbara iron ore mine

24th Jun 2025 07:05

(Sharecast News) - Rio Tinto on Tuesday announced a joint investment of $1.61bn with Hancock Prospecting to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region.

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Rio Tinto CEO exit a 'big surprise', says Berenberg

22nd May 2025 10:35

(Sharecast News) - Berenberg has kept a 'buy' rating on Rio Tinto but said that Thursday's news of its chief executive's resignation came as a "big surprise".

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Rio Tinto CEO to step down later this year

22nd May 2025 07:48

(Sharecast News) - Mining giant Rio Tinto has announced that boss Jakob Stausholm will leave the company after four years in the role, calling it a "natural moment" for a change in leadership.

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London close: Stocks rally on US-China tariff deal

12th May 2025 16:30

(Sharecast News) - London stocks ended higher on Monday as investors welcomed news of a temporary trade agreement between the United States and China that will see a rollback of some tariffs.

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London close: Stocks finish higher as US economy contracts

30th Apr 2025 14:52

(Sharecast News) - London stocks extended their gains on Wednesday, after fresh data from the US showed a slowing in consumer price growth, alongside the country's first economic contraction since 2022.

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Extreme weather hits Rio Tinto's iron ore shipments in Q1

16th Apr 2025 07:27

(Sharecast News) - Diversified mining group Rio Tinto expects iron ore shipments at its Pilbara operation in Western Australia to be at the lower end of guidance due to losses as a result of extreme weather in the first quarter.

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Jefferies cuts targets for miners, but still sees upside

4th Apr 2025 14:35

(Sharecast News) - Jefferies has trimmed its targets for a host of blue chip mining stocks after calculating the impact that Donald Trump's sweeping trade tariffs would have on export demand and commodity prices.

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London close: Stocks mixed as tariff fears waver

24th Mar 2025 15:13

(Sharecast News) - London stocks ended Monday largely flat in muted trading, with early optimism around Donald Trump's comments on reciprocal tariffs fading as the session progressed.

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JPMorgan upgrades mining & metals sector to 'overweight'

24th Mar 2025 13:35

(Sharecast News) - JPMorgan upgraded the global mining and metals sector to 'overweight' from 'underweight' on Monday, as it said that Rio Tinto, Antofagasta, Fresnillo & SSAB are its European key 'overweights'.

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Rio Tinto asks investors to reject Palliser move on ending dual listing

19th Mar 2025 07:05

(Sharecast News) - Rio Tinto has asked shareholders to vote against a resolution from hedge fund Palliser Capital to review the mining giant's dual listing in London and Sydney, calling it "value destructive".

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Broker tips: Qinetiq, Rio Tinto, Anglo American

18th Mar 2025 13:48

(Sharecast News) - Shore Capital on Tuesday cut its recommendation for QinetiQ from 'buy' to 'hold' following a profit warning from the UK defence contractor on Monday.

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