London close: Stocks rise as UK retail sales rebound
16th Feb 2024 14:59
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreRio Tinto agrees power deal with Australia's largest solar farm
24th Jan 2024 07:38
(Sharecast News) - Mining giant Rio Tinto said it had agreed to buy electricity from the Upper Calliope solar farm in the state of Queensland to power its Gladstone aluminium operations for 25 years.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreRio Tinto 2023 iron ore shipments rise 3%
16th Jan 2024 07:02
(Sharecast News) - Anglo-Australian mining giant Rio Tinto on Tuesday reported a rise in annual iron ore shipments as a ramp up of production at its Gudai Darri mine in Western Australia offset mine depletion.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreJPMorgan upgrades Rio Tinto to 'overweight'
12th Dec 2023 12:34
(Sharecast News) - JPMorgan Cazenove upgraded Rio Tinto on Tuesday as it took a look at metals and mining stocks.
Read moreLondon midday: FTSE still firmer ahead of US inflation print
12th Dec 2023 12:07
(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.
Read moreLondon close: Stocks rise as investors digest US jobs data
6th Dec 2023 15:15
(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read moreRio Tinto sees Guinea mine production starting 2025
6th Dec 2023 07:04
(Sharecast News) - Anglo Australian mining giant Rio Tinto said it expected to start production from the Simandou iron ore joint venture in Guinea in 2025.
Read moreLondon close: Stocks finish weaker as commodities drag
4th Dec 2023 15:46
(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
Read moreRio Tinto to pay $28m to settle SEC suit over Mozambique writedown
22nd Nov 2023 08:04
(Sharecast News) - Rio Tinto said on Wednesday that it has agreed to pay the US Securities and Exchange Commission $28m to settle a 2017 lawsuit related to the disclosure of the impairment of Rio Tinto Coal Mozambique (RTCM) in its 2012 year-end accounts.
Read moreBarclays upgrades Rio Tinto on improving iron ore outlook
24th Oct 2023 07:41
(Sharecast News) - Barclays has upgraded mining group Rio Tinto from 'neutral' to 'overweight' after taking a more positive view on iron ore.
Read moreRio Tinto reports solid Q3 output, cuts Canadian iron ore guidance
17th Oct 2023 07:25
(Sharecast News) - Mining giant Rio Tinto delivered a solid third quarter, with most operations delivering an increase in output compared with last year, though guidance for Canadian iron ore production was lowered.
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