Rio Tinto stops operations at SAfrica unit as violence escalates
4th Dec 2019 07:11
(Sharecast News) - Rio Tinto on Wednesday said it had curtailed operations at its Richard Bay Minerals unit in South Africa after one employee was shot and another seriously injured in nearby violence.
Read moreTuesday broker round up
3rd Dec 2019 13:24
(Sharecast News) - Aston Martin Lagonda: Goldman Sachs downgrades to neutral with a target price of 520p.
Read moreMonday broker round-up
2nd Dec 2019 13:18
(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.
Read moreRBC upgrades Glencore and Rio Tinto
2nd Dec 2019 10:49
(Sharecast News) - Analysts at RBC Capital Markets took a fresh look at miners Glencore and Rio Tinto on Monday, adjusting their target price and upgrading their recommendation on both firms's shares on the back of higher near-term iron ore price forecasts.
Read moreRio Tinto to invest $749m in Pilbara iron ore mine
27th Nov 2019 07:56
(Sharecast News) - Rio Tinto on Wednesday said it had approved a $749m (£583m) investment to cut costs and maintain production at its Greater Tom Price operations in Western Australia's Pilbara region.
Read moreRio Tinto defends Mongolian expansion amid legal spat
19th Nov 2019 15:23
(Sharecast News) - Rio Tinto strongly refuted claims that any agreements relating to its $5.3bn Oyu Tolgoi underground copper mine in Mongolia are illegal.
Read moreRio Tinto backs up rehab of Australia's Ranger Project area
15th Nov 2019 08:46
(Sharecast News) - Rio Tinto said on Friday that it will support Energy Resources of Australia's (ERA) plans for a renounceable entitlement offer to raise $324m for the rehabilitation of the Ranger Project Area in Australia's Northern Territory.
Read moreWednesday broker round-up
6th Nov 2019 12:54
(Sharecast News) - Ferrexpo: JP Morgan upgrades to overweight with a target price of 190p.
Read moreJP Morgan stays 'overweight' on Rio Tinto, highlights 'world-class' assets
1st Nov 2019 14:31
(Sharecast News) - Analysts at JP Morgan reiterated their 'overweight' stance on shares of Rio Tinto following the miner's 2019 Strategy Day.
Read moreRio Tinto shares slip as it talks up investment in growth
31st Oct 2019 10:26
(Sharecast News) - Rio Tinto told shareholders on Thursday that it was "well-positioned" to continue generating strong returns, building on its track record of $32bn returned to shareholders since 2016, as well as the "significant progress" achieved in "strengthening the resilience and sustainability" of the business.
Read moreRio Tinto to review future of aluminium operations in New Zealand
23rd Oct 2019 07:35
(Sharecast News) - Rio Tinto announced on Wednesday that it would conduct a strategic review of its interest in New Zealand Aluminium Smelter (NZAS) at Tiwai Point, to determine the operation's ongoing viability and competitive position.
Read moreFriday broker round-up
18th Oct 2019 12:53
(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.
Read moreChinese economy grows 6.0% in Q3, slowest pace since early 1990s
18th Oct 2019 08:25
(Sharecast News) - China released third-quarter GDP figures on Friday showing the economy grew at its slowest pace since the early 1990s as the trade war with the US took its toll.
Read moreWednesday broker round-up
16th Oct 2019 12:42
(Sharecast News) - Hammerson: RBC Capital Markets downgrades to sector performer with a target price of 290p.
Read moreRio Tinto Q3 iron ore shipments rise 5%
16th Oct 2019 07:32
(Sharecast News) - Higher Chinese demand helped mining giant Rio Tinto report a 5% rise in third-quarter iron ore shipments.
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