Rio Tinto FY24 earnings fall short of estimates
20th Feb 2025 08:54
(Sharecast News) - Mining giant Rio Tinto posted its weakest earnings in half a decade overnight, principally due to weaker iron ore prices.
Read moreLondon close: Stocks finish Friday in the red
14th Feb 2025 16:56
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to US president Dinald Trump's announcement of reciprocal tariffs, while weakness in NatWest added to the pressure after the lender's latest results failed to impress.
Read moreLondon close: Stocks down as PMI rises, consumer sentiment slips
24th Jan 2025 16:21
(Sharecast News) - London stocks ended lower on Friday as investor sentiment weakened following a decline in consumer confidence and another drop in private sector employment.
Read moreLondon close: Stocks finish higher as rate cut hopes grow
17th Jan 2025 16:29
(Sharecast News) - London stocks ended the week on a strong note, as weaker-than-expected retail sales date helped to fan the flames of rate cut hopes.
Read moreRio Tinto and Glencore rise on reports of merger talks
17th Jan 2025 08:00
(Sharecast News) - Shares in Glencore and Rio Tinto were rising on Friday on the back of reports that the two companies have been discussing a potential merger.
Read moreRio Tinto and Glencore rise on reports of merger talks
17th Jan 2025 08:00
(Sharecast News) - Shares in Glencore and Rio Tinto were rising on Friday on the back of reports that the two companies have been discussing a potential merger.
Read moreRio Tinto Q4 iron ore shipments fall, but sees more stable China
16th Jan 2025 07:21
(Sharecast News) - Mining giant Rio Tinto reported a fall in iron ore shipments in the fourth quarter but noted that the Chinese property market was stabilising.
Read moreBerenberg names Rio Tinto as top mining pick for 2025
14th Jan 2025 10:03
(Sharecast News) - Berenberg has named Rio Tinto as its top pick for 2025 among London's blue-chip diversified mining stocks ahead of what's set to be a volatile start to the year for the sector.
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
Read moreLondon close: Stocks weaker after surprise UK GDP contraction
13th Dec 2024 16:29
(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.
Read moreRio Tinto to invest $2.5bn to expand Argentina's Rincon project
12th Dec 2024 12:01
(Sharecast News) - Rio Tinto said on Thursday that it will invest $2.5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreLondon close: Stocks mixed amid global political concerns
4th Dec 2024 15:01
(Sharecast News) - London's financial markets ended Wednesday in a mixed state, as investors weighed the upcoming no-confidence vote in France and political tensions in South Korea.
Read moreRio Tinto sees higher copper output as Palliser renews call to scrap UK listing
4th Dec 2024 07:05
(Sharecast News) - Rio Tinto on Wednesday forecast higher consolidated mined copper production for the 2025 financial year driven by higher output from its Oyu Tolgoi operation in Mongolia and also faced calls from hedge fund Palliser to scrap its dual listing structure.
Read moreLondon close: Stocks maintain gains ahead of UK jobs data
11th Nov 2024 16:57
(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.
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