Rio Tinto agrees to sell Namibian uranium mine to China

26th Nov 2018 07:12

(Sharecast News) - Rio Tinto has struck a deal to sell its majority stake in the Rössing mine in Namibia to China's state nuclear company.

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Rio Tinto deal to sell Guinea iron ore project stake lapses

29th Oct 2018 07:19

(Sharecast News) - Rio Tinto on Monday said a non-binding 2016 agreement for Aluminum Corp of China (Chinalco) to acquire the company's stake in the Simandou iron ore project in Guinea had lapsed.

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There's value in that thar mining sector, says SocGen

25th Oct 2018 11:11

(Sharecast News) - Societe Generale believes there is value in the mining sector, despite the volatility surrounding commodity prices, and has upgraded its recommendation for Anglo American.

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Wednesday broker round-up

24th Oct 2018 12:35

(Sharecast News) - HSBC: RBC Capital Markets downgrades to underperform with a target price of 560p.

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Rio Tinto copper production jumps, iron ore disappoints

16th Oct 2018 08:04

(Sharecast News) - Rio Tinto produced plenty of copper in the third quarter, with iron ore production down slightly ahead of a final decision on the feasibility of the Koodaideri iron ore project in Western Australia expected by the end of the year.

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Rio Tinto's rising costs represent further challenges in RBC's eyes

12th Oct 2018 09:56

(Sharecast News) - Analysts at RBC Capital Markets adjusted their estimates on Rio Tinto on Friday, noting that challenges posed by elevated input costs had continued to erode EBITDA margins in the mining giant's aluminium unit.

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Rio Tinto sells off Grasberg mine to Indonesian state-run mining outfit

28th Sep 2018 11:48

(Sharecast News) - Rio Tinto has signed a binding agreement for the sale of its interest in Indonesia's Grasberg mine.

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Thursday broker round-up

27th Sep 2018 12:14

(Sharecast News) - Thomas Cook Group: UBS upgrades to neutral with a target price of 60p.

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Friday broker round-up

21st Sep 2018 12:12

(Sharecast News) - Paragon Banking Group: RBC Capital Markets downgrades to sector performer with a target price of 500p.

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Rio Tinto outlines $3.2bn share buyback

20th Sep 2018 07:46

(Sharecast News) - Rio Tinto outlined its plans to return around $3.2bn to shareholders on Thursday through a share buyback programme, following the disposal of its coal assets.

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Hydro withdraws offer for Rio Tinto's aluminium assets

14th Sep 2018 15:01

(Sharecast News) - Rio Tinto said on Friday that Norway's Hydro has withdrawn its offer for the miner's aluminium assets.

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Monday broker round-up

10th Sep 2018 11:48

(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.

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Sector movers: Miners find a bid despite US dollar strength

13th Aug 2018 14:30

(Sharecast News) - Commodity-related stocks were on the front foot at the start of the week, buoyed by the release of data in China that appeared according to analysts at Pantheon Macroeconomics showed that the authorities had "switched stance" and that the country's central bank had been leaning on the country's banks to lend more.

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Thursday broker round-up

2nd Aug 2018 12:58

(Sharecast News) - SSE: Berenberg reiterates buy with a target price of 1,500p.

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Rio Tinto in huge $7bn return to investors as H1 profits soar

1st Aug 2018 07:44

(Sharecast News) - Anglo-Australian mining giant Rio Tinto said first half profits rose 12% as it announced a massive $7.2bn (£5.49bn) in shareholder returns from buybacks and asset sales.

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