Rio Tinto shares dropped 1.9% to 4,858.2p in early morning trading on Wednesday, after the group announced its joint venture with China Baowu Steel Group to develop the Western Range ore project in Pilbara, Western Australia. Rio Tinto will reportedly invest $1.3 billion of the total $2 billion investment to develop the mine. The mining […]

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Rio Tinto shares fell 3% to 4,625.7p in early morning trading on Thursday after the mining giant announced its acquisition of the remainder of Turquoise Hill for $3.3 billion. The commodities group is set to acquire 49% of the issued and outstanding common shares of Turquoise Hill that it does not currently own for C$43 […]

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The FTSE 100 gained 0.5% to 7,343.8 in early afternoon trading on Wednesday as upbeat earning from the US and Europe helped improve sentiment. “The FTSE 100 was higher on Wednesday morning, buoyed by some positive corporate results and news from the US overnight as Microsoft and Alphabet reported numbers which were not as bad […]

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Rio Tinto shares fell 2% to 96.9p in late morning trading on Wednesday on the back of largely flat production in HY1 2022, with the first iron ore delivered from its Gudai-Darri project and the commencement of operations at the underground Oyu Tolgoi mine. Rio Tinto confirmed a consolidated sales revenue drop of 10% to […]

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Rio Tinto shares declined 2.8% to 93.2p in early morning trading on Friday, after the company reported a weakened economic outlook as a result of the Ukraine war, tighter monetary policy and Covid-19 restrictions in China. The mining group acknowledged prices for its commodities fell over the period, linked to rising recession concerns and a […]

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Rio Tinto announced the delivery of its first ore at the Gudai-Darri mine as the mining firm brought its first greenfield mine in Pilbara, Western Australia in over a decade online. The company commented that Gudai-Darri would help underpin the future of its flagship Pilbara Blend product. Rio Tinto said the first autonomous AutoHaul trains […]

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The FTSE 100 was up 0.4% to 7,518.2 in early afternoon trading on Wednesday, following jumps in mining, utilities and telecoms, with analysts pointing out the high dividend payments coaxing investors out of the woodwork. “The FTSE 100 advanced…led by utilities, telecoms and mining stocks – all generous dividend payers, suggesting that people are continuing […]

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The FTSE 100 gained on Wednesday following a shock to the energy market after Russia suspended its gas flow to Europe through Ukraine earlier today, which saw the price of Brent crude rise to $105 per barrel. The supply loss sent scarcity fears surging across the market, with Shell shares rising 1.6% to 2,270p and […]

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FTSE 100 was trading marginally down on Thursday with mining companies’ underwhelming updates dragging the index down. Mining stocks were the FTSE 100 biggest fallers Thursday after Anglo American and Antofagasta provided updates on a Covid interrupted the first quarter of 2022. Despite broad weakness in mining companies, the FTSE 100 was trading mostly flat as […]

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Aboriginal traditional owners continue to put pressure on Rio Tinto over their conduct on previous mining expeditions Rio Tinto (LON:RIO) is struggling to reach its full-year guidance for its iron ore operations as a weather conditions, a shortage of labour and ongoing cultural heritage management issues dragged on the miner’s performance. The FTSE 100 miner […]

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Rio Tinto Share Price The Rio Tinto share price (LON:RIO) is up by 1% on Friday, bringing the mining giant to 5.53% since the beginning of the year. Following a steaming run towards the end of 2020, the FTSE 100 company’s performance has steadied out this year. The rise of the Rio Tinto was unsurprisingly […]

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Rio is striving to improve its perception across the world after it blew up the Juukan George rock in Western Australia last year Rio Tinto, the FTSE 100 mining group, has appointed its first ever indigenous Australian to its board as it deals with the aftermath of its destruction of a nearly 50,000-year-old sacred site […]

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Rio Tinto Share Price Rio Tinto’s share price (LON:RIO) is up by 2.96% on Thursday to 5,959p. It is a continuation of a recent trend for the mining company which has grown by 6% over the past month, although Rio remains down from its all-time high of 6191.7p in February 2021. After shareholders in the […]

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Rio Tinto Share Price At one point, Rio Tinto (LON:RIO) doubled its valuation over the past year, from 3,212p per share in March 2020 to 6,352p per share in February 2021, as a result of a sharp rise in commodity prices. During March 2020 the Rio Tinto share price has seen a dip, to 5,496.82p […]

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Rio Tinto reveals new emissions goals Rio Tinto has revealed a record $6.5bn final dividend as well as announcing new long-term carbon emission targets.  The mining giant will pay a dividend of $3.09 a share, plus a one-time payout of 93 cents per share. In addition to the company’s half-year dividend, Rio Tinto’s payout for […]

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Last Friday, fund management group Baillie Gifford joined ranks of investors and social media users in criticising the CSR and sustainability credentials of online fashion store, Boohoo Group (AIM:BOO). This followed the announcement that Boohoo would be bringing in renowned judge, Sir Brian Levison, and auditors KPMG, to probe the company’s internal ethics. The decision […]

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FTSE 100 miners occupied many of the top spots on the highlight reel on Monday, with three in particular posting some of the biggest blue-chip gains and losses. Rio Tinto started bright Leading the pack was Rio Tinto (LON:RIO), bouncing 4.68% after the first bell on Monday morning. This rally took the company to its […]

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Shares in Rio Tinto (LON:RIO) have dipped modestly across the Monday session, as the firm gave an operational update on its’ Mongolia mine. The mining titan said that it is continuing to work with the Mongolian Government to ensure that Oyu Tolgoi is operating within the capacity restrictions following the outbreak of the COVID-19 virus. […]

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Rio Tinto plc (LON:RIO) have produced a steady set of final results that have been published on Wednesday. Shares in Rio Tinto trade at 3,918p (+0.064%). 26/2/20 10:25BST. The firm said that revenues had risen across 2019, which was largely down to rising iron prices – however profits dipped slightly across the year. In Rio […]

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Rio Tinto Plc (LON:RIO) have lowered their annual shipments guidance on Monday following external conditions affecting operations. The firm said that shipments are expected to be lower at its iron ore operations in Western Australia following damage caused by Cyclone Damien. Across 2020, the FTSE 100 lister miner now expects shipments at its Pilbara operations […]

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Iron ore company Rio Tinto plc (LON: RIO) changed its iron ore cost guidance following lower output caused by operational challenges and adverse conditions. The Company noted that iron ore output in the Pilbara region in Australia was down by 7% in Q2, caused by tropical cyclone Veronica and a fire at Cape Lambert. This […]

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Anglo-Australian mining multinational Rio Tinto plc (LON:RIO) have seen their share price rally during Wednesday trading, owing largely to its latest performance figures. Sales boost Rio Tinto profits Following news of the selling off of its Grasberg mine in Indonesia and technological revelations at their Australian mining operations, Rio Tinto today booked impressive performance figures. […]

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Mining firm Rio Tinto (LON:RIO) have reported exports ahead of estimations for the trailing quarter, with iron ore exports looking particularly promising. For the three months through June, Rio saw on-year increases of iron production of 7% to 85.5 million tonnes, while iron exports increased 15% to 88.5 million tonnes. Yearly exports were expected to […]

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