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8 hours ago · In a report released today, Adrian Prendergast from Morgans upgraded Rio Tinto Limited ( RTNTF – Research Report) to a Buy, with a price target of A$130.00. The company’s shares closed ...
8 hours ago · Rio Tinto iron ore output rises, copper guidance disappoints. 16 Jul 2024 / Paul-Alain Hunt, Bloomberg. Zimbabwe state miner seeks $150m to boost gold output. ... 17 Jul 2024 / Paul-Alain Hunt ...
8 hours ago · Andrew Forrest’s Fortescue is making hundreds of white collar workers across the globe redundant in a move he says will better enable the company to realise its green energy dreams. Fortescue will make about 700 of its workers redundant, despite a healthy iron ore price. But Mr Forrest told The ...
8 hours ago · “We are pleased that we have managed a difficult FY24 (2023–24 financial year) with several positive achievements to carry forward into FY25 (2024–25 financial year),” Core chief executive ...
8 hours ago · Posted by Paul Moore on 17th July 2024. All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high-grade iron ore deposit in Guinea, including the completion of necessary Guinean and Chinese regulatory approvals. The transaction is expected to complete during this week.
8 hours ago · S&P’s Paul Bartholomew last week suggested Simandou would add around 55Mtpa in the medium term to global supplies, with few analysts bullish it will quickly ramp up to spec rates of 120Mtpa. While that’s a tonne of new supply to hit a market whose major engine room – China’s steel and property sectors – is sputtering, a key question about cost is yet to be answered.
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8 hours ago · 0:00 / 7:02. Polymetals Resources Ltd (ASX:POL) new Endeavor Mine general manager Matt Gill speaks with Proactive’ s Jonathan Jackson about the restart and operations of the silver, zinc and ...
