Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud Anglo-Australian mining giant Rio Tinto has been charged with fraud in the US and fined £27.4m in the UK after being accused of overstating the value of African coal assets. The FTSE 100 company and two of its top former executives were charged in the US of hiding […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights “Gains from AutoHaul are already being realised including reduced variability and increased speed across the network, helping to reduce average cycle times.” The technology that enables cars to be driven without human intervention could soon become the norm on the rail tracks, after a mining company completed the world’s […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Engineering firm WorleyParsons has edged fancied rivals by gaining a foothold in Rio Tinto’s proposed next big iron ore development in the Pilbara. Rio Tinto selected WorleyParsons to provide engineering services to support the feasibility study phase of the $US2.2 billion ($2.8 billion) Koodaideri project. The $31 million study […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto has hailed a more productive dialogue with the State Government as the resources industry works to improve its image with regional communities. The mining giant hosted WA Premier Mark McGowan on a tour of its Dampier port facilities this month to highlight the work being done to […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights RBC Capital Markets’ Tyler Broda turned slightly less bullish on Rio Tinto plc (ADR) RIO 1.23%by downgrading the London-listed stock rating from Top Pick to Outperform with an unchanged 4,200p price target, which implies upside from Tuesday’s opening price of 3,382.50p. One of the reasons to support a continued […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Metal prices are likely to remain volatile for the rest of year, the boss of mining group Rio Tinto has warned, while promising investors the company can keep delivering healthy returns. The FTSE 100 miner has benefitted from a recovery in the price of iron ore, the steelmaking ingredient […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights When Rio Tinto opens the resources sector reporting season tomorrow, the focus will be on increased cash returns, not governance issues, even after Rio’s Guinea problems were upgraded to a corruption probe last week and its lead independent director recently stepped down over separate fraud charges. Investors will be […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto is poised to return more cash to shareholders next week with the miner set to unveil a healthy interim dividend and more money for share buybacks after enjoying rising commodity prices. The FTSE 100 company could ­increase returns to shareholders by up to $2.5bn (£1.91bn) when it […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto shareholders could be set for a treat when it reveals its first half profits in August, with RBC Capital Markets saying the miner could pay a $US1 billion special dividend. The broker says Rio Tinto (RIO) is in a good position to pay out an additional dividend […]

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast Rio Tinto lowered its forecast for iron ore shipments on Tuesday by up to 10m tonnes — but analysts said the revised estimate would not stop the Anglo Australian mining group returning cash to shareholders and could help support the price of the commodity. Rio said it […]

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King It has been just over a year since Jean-Sébastien Jacques took over the reins at Rio Tinto. The 45-year-old France-born executive knows there is much more still to do to restore investor confidence in the sector. Years of profligate spending and dealmaking left the industry saddled with huge […]

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore. Shareholders in the UK and Australia voted overwhelmingly in favour of the deal, with 97.2 per cent of a little […]

Gold Miners’ “Magic” Triggers $24-B Exploration Race

Gold Miners’ “Magic” Triggers $24-B Exploration Race

Gold Miners “Magic” Triggers $24-B Exploration Race $GLD,  $EXCFF,  $RIO,  $BHP  $SLW The sector is coming off of the bottom of the Bear Market cycle A rebound in exploration by global miners could see spending hit C$24-B by Y 2025 with China the front runner in the search for a new generation of giant discoveries. […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations  $DFS, $JNPR, $K, $MU, $NTAP, $RIO, $UNH Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations  $F, $GM, $MCD, $WFC, $BHP, $RIO Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $AAPL, $HPE, $LULU, $NKE, $RIO Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades and […]

Rio Olympics Opening Packed with ‘Brazilian Vibe’

Rio Olympics Opening Packed with ‘Brazilian Vibe’

Rio Olympics Opening Packed with ‘Brazilian Vibe’ The opening ceremony for the 2016 Summer Olympics in Rio de Janeiro will showcase samba, culture, diversity and history as the South American nation proudly shows off its traditions and environmental wonders. Millions of TV viewers from around the world watched the 3-hour ceremony Friday night. Since the […]

Saudi Princess Leads Women’s Sports Initiative

Saudi Princess Leads Women’s Sports Initiative

Saudi Princess Leads Women’s Sports Initiative Appointment of Princess Reema bint Bandar bin Sultan came just ahead of the Rio Olympic Games, where 4 Saudi women will compete  Princess Reema bint Bandar bin Sultan was appointed by Saudi Arabia’s Cabinet to head a new department for women under the Kingdom’s General Authority for Sports. Princess […]