ASX:RIO

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ASX:RIO

Rio Tinto (ASX:RIO) delay operations in Canada and South Africa

24 Mar 2020 - Rio Tinto (ASX:RIO) will slow down some of its operations in Canada and South Africa to help contain the spread of coronavirus.

Market sees an unexpected rebound: ASX closes 5.8% higher

17 Mar 2020 - The ASX saw its best day since 1997, closing 5.8% higher. Metcash (ASX:MTS) saw their shares soar today over 25%. Shares in Gold Road Resources (ASX:GOR) also saw a h…

Wall Street plunges on coronavirus sell-off: ASX set to open lower

17 Mar 2020 - The ASX looks set to open lower after a disastrous day on Wall St due to the coronavirus impact. The Dow Jones has closed down almost 13%, the biggest one-day fall in…

Markets strategy update, good value stocks

11 Mar 2020 - CEO Chris Pedersen gives a markets strategy update and looks at good value stocks.

IGO (ASX:IGO) enters $15m earn-in agreement in Paterson Province

04 Mar 2020 - IGO (ASX:IGO) has elected to enter an earn-in and joint venture agreement to sole fund up to $15 million in exploration expenditure at the Yeneena copper-cobalt proje…

Charting analysis of the ASX 200

02 Mar 2020 - Fairmont Equities managing director Michael Gable takes a technical look S&P/ASX200, G8 Education, Commonwealth Bank of Australia and Rio Tinto.

Rio’s (ASX:RIO) iron ore shipments reduced due to cyclone: ASX set for a flat start

18 Feb 2020 - Wall Street was closed yesterday due to President’s Day. The ASX looks set to open flat this morning. European stocks closed higher as China’s central bank announced …

Economics, CBA, RIO, CHC, KAR & STO

15 Jan 2020 - Fund Manager Chris Pedersen discusses economic news this week, Commonwealth Bank of Australia, Rio Tinto, Charter Hall Group, Karoon Energy, Santos.

Tech stocks lead gains: Aus shares close 0.4% lower

13 Jan 2020 - The Australian share market closed 0.4 per cent lower at the end of Monday’s trade. Tech stocks led the way with Afterpay (ASX: APT) coming up on top. Shares in Zip C…

Monadelphous Group's (ASX:MND) Mondium secures $400 million Rio Tinto (ASX:RIO) contract: Aus shares 0.5% lower at noon

13 Jan 2020 - The Australian share plunged at the open and is now tracking 0.5 per cent lower at noon. Monadelphous Group (ASX:MND) joint venture Mondium has secured a $400 millio…

Economic News, Comments and a few picks for 2020

08 Jan 2020 - Fund Manager Chris Pedersen discusses economic news, making market comments and highlighting a few stock picks for 2020.

Rio Tinto (ASX:RIO) resumes operations at Richards Bay Minerals

31 Dec 2019 - Rio Tinto (ASX:RIO) has today started the process of resuming operations at Richards Bay Minerals in South Africa.

Jumbo (ASX:JIN) shares fall on half year results: ASX tracking 0.4% lower at noon

20 Dec 2019 - The ASX rose at the open but took a dip in mid-morning trade and is now tracking 0.4% lower at noon. Cimic (ASX:CIM) shares are on the up after they reported this mor…

Will 2020 be a good year for the share market?

16 Dec 2019 - Fairmont Equities managing director Michael Gable takes a technical look S&P 500 Index, Rio Tinto, Pact Group Holdings and Splitit.

Redbubble (ASX:RBL) share price crashes: ASX tracking 0.6% lower

12 Dec 2019 - The ASX took a dip at the open and continued to fall throughout the morning. They are now tracking 0.6% lower at noon. Webjet (ASX:WEB) shares have dropped and Redbub…

The Australian economy grew 0.4% in the September quarter: ASX closed 1.6% higher

04 Dec 2019 - The ASX took a dip for the second day in a row closing 1.6% lower. Banks dragged on the markets and tech stocks also declined. oOh!Media (ASX:OML) shares saw an over …

Rio Tinto (ASX:RIO) invests $1.5b at Kennecott copper

04 Dec 2019 - Rio Tinto (ASX:RIO) has approved a $1.5 billion investment over the next six years to continue production at its Kennecott copper operation in Utah in the United Stat…

Rio Tinto (ASX:RIO) says Mongolian mine agreements are legal

20 Nov 2019 - Rio Tinto (ASX:RIO) today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental O…

GrainCorp surges 11.5%: Aus shares close 0.9% higher

15 Nov 2019 - Aus shares close 0.9% higher. All sectors in the green. GrainCorp Limited (ASX:GNC) shares surged 11.5 per cent after the ACCC said it would not intervene in the sale…

RIO shares on the way to $100 again

11 Nov 2019 - Fairmont Equities managing director Michael Gable takes a technical look at Rio Tinto, South32, Corporate Travel Management and A2 Milk Company.

Wisetech Global (ASX:WTC) claw back after short-seller knock: ASX closes flat

23 Oct 2019 - The ASX dipped at the open but managed to gain momentum close to the end of trade closing flat. Costa Group Holdings (ASXC:CGC) has voluntarily suspended trade pendin…

Rio Tinto (ASX:RIO) to review future of New Zealand’s Aluminium Smelter

23 Oct 2019 - Rio Tinto (ASX:RIO) is to review its interest in New Zealand’s Aluminium Smelter (NZAS) at Tiwai Point, to determine the operation’s ongoing viability and competitive…

Important technical levels for RIO

26 Aug 2019 - Fairmont Equities managing director Michael Gable takes a technical look Rio Tinto, James Hardie Industries Plc, Phoslock Environmental Technologies and Kalium Lakes.

Safe haven gold hits 6-year high: ASX set to open lower

08 Aug 2019 - The ASX looks set to open lower this morning. There was some positive investment in the US as the outlook for global growth was bolstered by the Central Bank moves to…

Two tweets, new China tariffs & hawkish Fed see markets slip from highs: Aus shares lose 0.1% on week

02 Aug 2019 - Record-breaking week for ASX200. AVJennings (ASX:AVJ) loses a month of gains of announcing profit hit by weaker property market, PBT $23m FY19 expt'. Rio Tinto (ASX:R…