Anglo American dividend axe may not be industry's last
More miners could slash payouts and assets to cope with downturn
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.
1015 stories · page 40 of 51
More miners could slash payouts and assets to cope with downturn
Investments and investor services
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
The platinum miner has suspended its pay-outs for the second half of this year and for 2016
Investments and investor services
The FTSE100 could only manage a 25 point gain to 6,420.
Archive
FTSE100 finished around 19 points lower as investors were cautious on a day, which one analyst described as the "calm before the storm..
Investments and investor services
The FTSE 100 Index pared early losses to stand 3.88 points ahead at 6361
Investments and investor services
The FTSE 100 Index fell 13.77 points to 6361 after Japan's Nikkei dipped 136 points
Will there be deals going down at Mines & Money this year, or will the depressed state of the mining sector dampen entrepreneurial spirits?
The FTSE 100 Index fell 26 points to 6308 at lunchtime
The Footsie and mainland European indices fell despite upbeat eurozone data
Investments and investor services
London traders welcomed Fed hints about slow and gradual rise in US interest rates
Update: Comment added on Bezant and Galileo.
The Footsie rose 39.57 points to 6314 while mainland European shares also gained
Investments and investor services
The Footsie surged 43.78 points to 6319 and mainland European markets also rose
The FTSE 100 Index pared losses to stand 1.5 points up at 6414 by lunchtime
The FTSE 100 Index was 27.26 points off at 6385 in morning trading
Investments and investor services
Diageo, BAE Systems, BHP Billiton, Rio Tinto, and Lloyds Bank are in the broker spotlight on Thursday
Gold miner Petropavlovsk said Sir Roderic Lyne has been appointed as a senior independent non-executive director effective from November 1 this year.
Data did little to entice investors into buying, with third quarter GDP figures growing by only 0.5%.