Company
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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Rio Tinto's boss Jean Sebastien Jacques has said its stronger financial position allows the mining group to maintain a "balanced allocation between capital expenditure, debt reduction and shareholder return"
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
A look at some of the biggest London-listed risers and fallers today
With around an hour and a half of trading to go in London, the FTSE 100 was up about 11 points at 7,308, holding off the day’s peak of 7,322
The moves come with the group under pressure from activist shareholder Elliott Management to decouple the US petroleum division from the company
Archive
Day ahead: BHP Billiton, GlaxoSmithKline, Proactis...
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Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week
Rio Tinto's first quarter copper output fell due to a labour strike in Chile and new regulations in Indonesia
Archive
Luxury group Burberry PLC will deliver a pre-close season trading update, while Primark discount clothing chain owner Associated British Foods PLC delivers its first-half results
Investments and investor services
Neither the US air strikes or the underwhelming US jobs data could prevent the Footsie from finishing the day in the blue
Donald Trumps healthcare bill is in Congress, his first big test as President
The junior miner is making strides in developing its five gold-focused projects in Western Australia and Tasmania
Goldman Sachs has warned today's rally in gold prices may be short-lived, citing a uncertain outlook.
Investments and investor services
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
The City broker says demand for things like coal and iron ore will pick up in the second quarter of this year, but so will supply
Investments and investor services
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
