London close: Stocks finish weaker on quiet day for data
23rd Jul 2024 15:00
(Sharecast News) - London stocks ended in the red on Tuesday, as losses in the mining sector overshadowed gains in other areas.
Read moreRio Tinto lowers target price on Rio Tinto following Q2 production results
17th Jul 2024 16:06
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 5,800.0p to 5,700.0p on Wednesday following Q2 production results from the company.
Read moreLondon close: Stocks finish mixed on China demand concerns
16th Jul 2024 15:35
(Sharecast News) - London stocks finished with a mixed performance on Tuesday as investors weighed global political and economic risks, with the likes of Rio Tinto and Burberry remaining below the waterline.
Read moreRio Tinto misses estimates with iron ore shipments in Q2
16th Jul 2024 07:35
(Sharecast News) - Mining giant Rio Tinto said it was starting to see a "step-change" in production with output of iron ore, bauxite and aluminium all growing in the second quarter, though iron ore shipments were worse than expected due to a train derailment during the period.
Read moreRio Tinto eyeing up possible mega deal - report
12th Jul 2024 11:01
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources.
Read moreBerenberg downgrades Anglo American, Rio Tinto
27th Jun 2024 14:52
(Sharecast News) - Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
Read moreLondon close: Stocks mixed ahead of key UK inflation data
17th Jun 2024 15:49
(Sharecast News) - London stocks ended Monday with a mixed performance as renewed concerns over French political uncertainty weighed on investors' minds.
Read moreRio Tinto to buy Mitsubishi's 11.7% stake in Boyne aluminium smelter
11th Jun 2024 09:34
(Sharecast News) - Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation's 11.65% interest in Boyne Smelters (BSL) for an undisclosed sum.
Read moreActivist fund Palliser urges Rio Tinto to ditch London listing
23rd May 2024 16:52
(Sharecast News) - Activist hedge fund Palliser Capital urged Rio Tinto to shift its primary stock market listing from London to Sydney, it emerged on Thursday, to potentially increase its share price by nearly 40%.
Read moreCiti downgrades Rio Tinto on rising China concerns
20th May 2024 08:49
(Sharecast News) - Citi has cut its rating for Rio Tinto from 'buy' to 'neutral', saying that macro headwinds are rising for the mining group following a period of share-price outperformance.
Read moreLondon close: Stocks recoup some earlier losses
17th May 2024 15:52
(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.
Read moreLondon close: Stocks take a breather after last week's surge
13th May 2024 15:36
(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.
Read moreRio Tinto automated iron ore train derails in Western Australia
13th May 2024 07:54
(Sharecast News) - An automated iron ore train operated by mining giant Rio Tinto has derailed after colliding with a set of stationary wagons in north-western Australia on Monday, the company said.
Read moreLondon close: Stocks rise further ahead of BoE decision
8th May 2024 16:36
(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Read moreLondon close: Stocks buoyed by banking, mining positivity
26th Apr 2024 16:35
(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.
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