Rio Tinto downgrades iron ore guidance again

19th Jun 2019 14:23

(Sharecast News) - Rio Tinto has downgraded its full-year iron ore shipments guidance due to mine operational challenges.

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'Encouraging' exploration results at Rio Tinto's copper gold discovery

6th Jun 2019 08:19

(Sharecast News) - Rio Tinto said on Thursday that a new set of results from the copper-gold discovery in the Paterson province, Western Australia, are "encouraging".

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Liberum double-upgrades miners after 'stark change' in iron ore price forecasts

17th May 2019 12:44

(Sharecast News) - Analysts at Liberum took a fresh look at the mining sector on Friday, double-upgrading the likes of Rio Tinto, Anglo American and BHP to 'buy' as they outlined a "stark change" in their near-term forecasts for iron ore prices.

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Rio Tinto boss says miners must respond to pressure for change

14th May 2019 09:13

(Sharecast News) - Rio Tinto's boss has warned the mining industry needs to adapt or have change forced on it as pressures intensify.

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JPMorgan downgrades Anglo American, cites poor risk/reward

24th Apr 2019 09:41

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Anglo American to 'neutral' on Wednesday, exiting its three-year conviction 'overweight' on the stock as it highlighted three reasons for the move and recommended a tactical short Anglo versus long Glencore into first-half results in July/August.

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Wednesday broker round-up

17th Apr 2019 13:32

(Sharecast News) - ConvaTec: Barclays upgrades to equal weight with a target price of 130p.

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Tuesday broker round-up

16th Apr 2019 12:44

(Sharecast News) - Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.

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Rio Tinto cuts iron ore guidance after cyclone damage

16th Apr 2019 07:07

(Sharecast News) - The impact of March's tropical cyclone in Western Australia has forced miner Rio Tinto to cut its guidance for annual ore shipments.

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Rio Tinto to invest $302m in US Resolution copper project

15th Apr 2019 07:21

(Sharecast News) - Rio Tinto on Monday said it would invest an extra $302m (£231m) to develop its US Resolution copper project as it sought to capitalise on the growing green energy market.

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RBC Capital downgrades Glencore after 14% YTD share price rise

10th Apr 2019 13:49

(Sharecast News) - RBC Capital Markets downgraded its stance on Glencore to 'sector perform' from 'outperform' on Wednesday, cutting the price target to 330p from 350p following a jump in the share price year-to-date.

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Anglo American will rise as near-term risks ease, says Jefferies

1st Apr 2019 09:33

(Sharecast News) - Jefferies has reiterated its 'buy' rating on Anglo American, arguing the near-term risks are being overplayed and have left the blue chip miner looking increasing undervalued.

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London open: Stocks buoyed by China factory PMI, US-China trade news

1st Apr 2019 08:35

(Sharecast News) - Stocks are kicking-off the new quarter on the front foot, helped by stronger-than-expected economic data out of the People's Republic of China and further positive news on the state of US-China trade talks.

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Rio Tinto iron ore production hit by cyclone

1st Apr 2019 07:34

(Sharecast News) - Rio Tinto said iron ore shipments from Pilbara in Australia would be at the low end of guidance after a cyclone damaged a port used to transport the commodity.

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Friday broker round-up

29th Mar 2019 13:38

(Sharecast News) - Accesso Technology Group: Peel Hunt upgrades to buy with a target price of 1,145p.

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SocGen downgrades Rio, BHP as it turns more cautious on miners

7th Mar 2019 11:36

(Sharecast News) - Rio Tinto and BHP were knocked lower on Thursday as Societe Generale downgraded its recommendation on both stocks as it moved to a more cautious stance on most of the metals and mining stocks it covers following year-to-date gains.

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