Rio Tinto gives ground at Oyu Tolgoi
Rio Tinto has been enmeshed in ESG issues in Mongolia for some time
Company
Rio Tinto Ltd
LON:RIO
Rio Tinto Ltd is a leading international mining group that finds, mines and processes the earth's mineral resources. The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.
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FTSE 100 closes lower but Wall Street heads higher amid strong inflation data
Britain's blue-chip benchmark finished down over 26 points, or 0.38%, at 6,915 but FTSE 250 stayed in the green
President Biden looks likely to be less friendly to mining than Trump, or even Obama
Will permits to mine copper become a key political battleground in the future?
Rio Tinto commences major programme of virtue signalling in regard to indigenous rights
Rio Tinto is one of the largest mining companies in the world
Turbulence at Oyu Tolgoi could help sustain an upward pressure on the copper price for years to come
Oyu Tolgoi is set to bring a further 480,000 tonnes of copper into the market from 2028
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FTSE 100 finishes flat; US stocks up at midday, including GameStop
London's leading index ended up less than a tenth of a point at 6,730
Rio Tinto chairman to step down in wake of Aboriginal cave destruction
Chairman Simon Thompson decides not to seek re-election at the 2022 annual general meetings
Rio Tinto to dispute extra tax demanded by Australian authorities
The miner received amended assessments of A$359.4mln (£200mln) primary tax and A$47.1mln (£26mln) of interest
Rio Tinto steps up ESG efforts but Apache people protest Resolution Copper project in Arizona
The miner is trying to restore trust with the Aboriginal community after dynamiting heritage areas in Australia, but is going ahead with a US project that is angering Native Americans
What will the world’s major mining companies do with all their cash?
BHP raised its dividend by 55% this week, and Rio Tinto's is up significantly as well
Rio Tinto hikes dividend by 26% after strong year
The mining giant set some new climate change targets, including cutting steelmaking carbon intensity by a third from 2030 and potentially making it carbon neutral by 2050
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FTSE 100 closes lower as US retail data and bond yields weigh
Britain's blue-chip benchmark finished the day down nearly 38 points at 6,710
Mining sector dividend yields are best value for years, suggests Citigroup
“The miners are currently trading at a dividend yield of 6.2%, compared to 15-year average of 2.5%.
Credit Suisse sets a bullish tone for iron ore companies, with US$150 price forecast for 2021
Chinese demand continues strong, and Australian producers in particular look set to benefit
Iron ore price to jump 45% and drive Rio Tinto's earnings higher, suggests Credit Suisse
Credit Suisse expects Rio’s underlying earnings to jump by 40-60% over the next three years.
Rio Tinto increases iron production in fourth quarter
A rehabilitation programme for the destroyed Juukan 1 and Juukan 2 rock shelters historical aboriginal sites has started
Rio Tinto and Centamin kick off mining theme; Netflix starts FAANG reporting season
Experian, which hit an all-time high last year, is also due to provide a trading update on Tuesday
Rio Tinto downgraded to ‘hold’ by Deutsche Bank after iron ore bears capitulation, other miners get share price boost
Analysts expect iron ore prices to normalise through the second half of 2021 and 2022, although near-term fundamentals remain very tight
Proactive weekly mining round-up: Rio Tinto, Greatland Gold, Caledonian Mining ...
Some of the major stories in the UK mining space this week
Rio Tinto is tremendous, says new chief executive
Rio Tinto is one of the world's major producers of iron ore