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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The future of BHP Billiton boss ­Andrew Mackenzie has come under ­renewed scrutiny ahead of the miner’s AGMs, as its new chairman looks to further reshape the board. Investors have urged BHP to begin succession planning as Scottish-born Mr Mackenzie approaches his fifth anniversary as chief executive – and […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The world’s largest mining company BHP Billiton said 2017 will be considered a tipping point for electric cars, boosting demand for commodities from copper to nickel. “I think if we look back in a few years we would call 2017 the tipping point of electric vehicles,” Arnoud Balhuizen, head […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Andrew Mackenzie, boss of mining giant BHP Billiton, doubled his take-home pay this year, after the reinstatement of his short-term bonus. Mr Mackenzie earned $4.55m (£3.35m) in the year to June 30, compared with $2.24m the year before, the company’s annual report revealed. The rise was largely because BHP […]

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Australian iron ore producers fell on Monday after the price of the steel making ingredient slipped on Friday. BHP Billiton, Rio Tinto and Foretescue Metals Group were among the worst performers on Australia’s benchmark S&P/ASX 200, after iron ore with 62 per cent iron content for delivery to Qingdao […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton intends to sell its nickel division despite its decision to invest $US43 million in boosting its capacity to meet demand created by the boom in electric vehicles. In revealing that in the long term it will probably sell Nickel West, which operates in Western Australia, BHP is […]

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 […]

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track BHP reported a return to profit Tuesday as strong commodity prices helped it bounce back from a large loss last year, with the mining giant also flagging the sale of its US shale assets. The world’s largest miner recorded an annual net profit of 5.89 billion for […]

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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton has hit the button on a $2.46bn (£1.9bn) project to expand a giant copper mine in northern Chile, as it looks to feed rising demand for the red metal. The long-awaited plan will extend the life of its Spence mine by 50 years, and comes as investors […]

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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights “Think Smart” yell the billboards across Sydney, Melbourne, Brisbane and Perth. “Tell BHP it’s time for CHANGE.” The slogan is a play on BHP Billiton’s recently unveiled strapline “Think Big”, and the advertising campaign is the latest salvo from activist investor Elliott Advisors, which wants the world’s biggest mining […]

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 […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights BC Iron Ltd (BCI.AX)’s closing price of $0.175 has closed above it’s Parabolic SAR reading, indicating a potential trend reversal. Parabolic SAR (or PSAR) is a simple, compact indicator that can provide some useful information when taking into account additional trends and factors. It is not typically recommended, however […]

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 […]

OZ Minerals Limited (ASX:OZL) HEFFX Highlights

OZ Minerals Limited (ASX:OZL) HEFFX Highlights

OZ Minerals Limited (ASX:OZL) HEFFX Highlights Australian copper and gold miner OZ Minerals has delivered a solid second quarter production report and grown its cash pile to $625 million. Cooper production rose 12 per cent from the first quarter to 28,163 tonnes and the company remains on track to meet full-year production guidance of between […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights Needle moving action has been spotted in BC Iron Ltd (BCI.AX) as shares are moving today on volatility 14.71% or $0.025 from the open. The ASX listed company saw a recent bid of $0.195 and 4290000 shares have traded hands in the session. Market watchers diligently track the companies […]

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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Independent Research GmbH set a GBX 1,350 ($17.59) price objective on BHP Billiton plc (LON:BLT) in a research note published on Thursday, July 20th. The firm currently has a neutral rating on the mining company’s stock. Several other brokerages also recently commented on BLT. Citigroup Inc. reaffirmed a buy […]

BHP Billiton Limited (ASX:BHP) Surge Up With Copper

BHP Billiton Limited (ASX:BHP) Surge Up With Copper

BHP Billiton Limited (ASX:BHP) Surge Up With Copper Australian mining stocks are on fire Wednesday morning after copper prices surged 4% to a two year high overnight. BHP Billiton (BHP.AU), the world’s largest miner, is up 3% and Rio Tinto (RIO.AU) is also up 3%. Copper is trading around $2.87 a pound. But the star […]

A-Cap Resources Limited (ASX:ACB) HEFFX Highlights

A-Cap Resources Limited (ASX:ACB) HEFFX Highlights

A-Cap Resources Limited (ASX:ACB) HEFFX Highlights A-Cap Resources Ltd (APCDF) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near. If the shares reach the +80 level, this would signify that the shares have entered overbought territory. The indicator Spearman […]

Aeon Metals Ltd (ASX:AML) Highlights

Aeon Metals Ltd (ASX:AML) Highlights

Aeon Metals Ltd (ASX:AML) Highlights Shares of Aeon Metals Ltd (AML.AX) are nearing some key technical levels as the Rank Correlation indicator has trending higher over the past few sessions, nearing potential overbought territory. Crossing the 80 mark would suggest that a chance of a reversal is increasing. The Rank Correlation Index (RCI) is based […]

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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan

Mount Gibson Iron Limited (ASX:MGX) Settlement With Koolan July 7 – Mount Gibson Iron will receive a $64.3 million business interruption insurance settlement following the failure of the Koolan Island main pit seawall in October 2014. The company temporarily suspended mining activity at the Koolan Island hematite mine’s main pit due to pit wall instability […]

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights

BC Iron Limited (ASX:BCI) HEFFX Highlights ASX-listed BC Iron on Wednesday told shareholders that the scoping study estimated a capital cost of between A$225-million and A$255-million, with operating costs estimated at between A$19/t and A$21/t free-on-board, while Mardie was expected to generate average revenues of around A$45/t. The project would have a net present value […]

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 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Ltd. (BHP.AU) said Wednesday it plans to step up activity in the U.S. oil-and-gas shale fields that activist shareholders are agitating for the resources company to offload. The move is expected to revive flagging onshore production volumes even as BHP continues to invest in conventional energy operations […]

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 […]

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations

Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $APC, $ELY, $INFN, $ORE, $CSL 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 […]