London midday: Markets subdued ahead of US CPI data
10th Aug 2023 11:59
(Sharecast News) - Investors were keeping their powder dry on Thursday in London as stock markets chose to remain cautious ahead of a much-anticipated US inflation report later on.
Read moreWeaker commodity prices hit profits at Rio Tinto
26th Jul 2023 07:34
(Sharecast News) - Rio Tinto reported a slide in half-year profits on Wednesday, after global commodity prices fell sharply.
Read moreBerenberg cuts Rio Tinto target price after Q2 operational review
20th Jul 2023 12:01
(Sharecast News) - Analysts at Berenberg trimmed their price target for shares of Rio Tinto on the back of the mining group's operational review for the second quarter.
Read moreRio Tinto warns of China-led slowdown as Q2 iron ore shipments slip
19th Jul 2023 07:23
(Sharecast News) - Anglo-Australian mining giant Rio Tinto warned of a broader global economic slowdown on Wednesday, driven by China's stumbling recovery from the Covid pandemic, as it posted a slight fall in iron ore shipments for the second quarter.
Read moreChinese export growth undershoots in June, but import volumes hold up
13th Jul 2023 06:47
(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged.
Read moreRio Tinto aluminium boss to leave at year-end
13th Jun 2023 07:25
(Sharecast News) - Rio Tinto said Ivan Vella, chief executive of its aluminium division would leave at th end of the year after accepting a new position outside the company.
Read moreRio Tinto to invest $1.1bn to expand capacity at Quebec aluminium smelter
12th Jun 2023 14:29
(Sharecast News) - Rio Tinto said on Monday that it will invest $1.1bn to expand its AP60 aluminium smelter in Quebec.
Read moreBroker tips; NatWest, Lloyds, Rio Tinto
8th Jun 2023 14:56
(Sharecast News) - JP Morgan sees better risk reward in NatWest Group relative to Lloyds Banking Group, it said in a note published on Thursday on UK banks.
Read moreCiti upgrades Rio Tinto to 'buy'
8th Jun 2023 08:16
(Sharecast News) - Citi upgraded Rio Tinto on Thursday to 'buy' from 'neutral' as it took a look at the metals and mining sector.
Read moreDeutsche Bank upgrades Rio Tinto to 'buy'
5th Jun 2023 13:30
(Sharecast News) - Deutsche Bank upgraded Rio Tinto to 'buy' from 'hold' on Monday and lifted the price target to 6,200p from 6,000p.
Read moreBroker tips: Dowlais, Rio Tinto, Dr Martens
5th Jun 2023 07:36
(Sharecast News) - Jefferies initiated coverage of Dowlais - which was recently spun off from Melrose Industries - on Monday with a 'buy' rating and 155p price target, offering upside of around 21%.
Read moreDirector dealings: Wetherspoon CEO makes £0.14m sale, Rio Tinto non-exec invests
12th May 2023 11:06
(Sharecast News) - Wetherspoon was on the list of director sells on Friday, after the company disclosed a transaction worth more than £0.14m made by its chief executive officer.
Read moreBerenberg reiterates 'buy' rating on Rio Tinto
21st Apr 2023 11:52
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on mining giant Rio Tinto on Friday after the group delivered a "fairly stable" first-quarter performance.
Read moreRio Tinto cuts copper production guidance, posts record iron ore shipments
20th Apr 2023 07:03
(Sharecast News) - Rio Tinto reported record first-quarter iron ore shipments from its Plibara operations in Western Australia as China ramped up steel production, but cut copper output guidance due to issues at its US Kennecott and Chilean Escondida operations.
Read moreRio Tinto joins forces with First Quantum on Peru copper project
31st Mar 2023 07:52
(Sharecast News) - Rio Tinto has agreed to sell a majority stake in its La Granja copper project in Peru to Canada's First Quantum Minerals for $105m.
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