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".
Read moreRio 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.
Read moreLondon 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.
Read moreLondon 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.
Read moreExtreme 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.
Read moreJefferies 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.
Read moreLondon 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.
Read moreJPMorgan 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'.
Read moreRio 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".
Read moreBroker 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.
Read moreRio 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.
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