ASX:RIO

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ASX:RIO

Aus shares soar to 8 month high: Joe Biden announced President-elect

09 Nov 2020 - The local bourse has popped at the open, hitting a fresh eight-month high with strong gains across the board. The positive moves come as investors digest news Joe Bid…

Good support levels here for RIO

02 Nov 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at the recent good support levels for RIO, and breaks down RHC, ANN and FPH.

RBA Minutes, Iron Ore, SSG, RIO S32

21 Oct 2020 - CEO Chris Pedersen looks at RBA Minutes, Iron Ore, Shaver Shop Group (ASX:SSG), Rio Tinto (ASX:RIO) and South32 (ASX:S32).

RBA open to monetary easing: ASX trading 0.8% higher at noon

15 Oct 2020 - The Australian stock market has mustered up a rally this morning, rising 0.8 per cent, despite earlier expectations of a weak start and weak leads from Wall Street. G…

ASX higher: Macquarie drags after flagging $300m hit to profits

14 Sep 2020 - Australian shares have opened firmly higher this morning with strong gains from major resources stocks offsetting a heavy loss from Macquarie Group.

Overseas visitors continued decline - ABS: Aus shares close 0.8% lower

11 Sep 2020 - The Australian share market opened slightly higher and closed 0.8 per cent down at the end of trade. The Australian Bureau of Statistics has released annual oversea…

Market flatlines amid tougher restrictions: Aus shares close flat

03 Aug 2020 - After a sharp decline this morning due to a slump in the big banks, the market recovered just before midday lifted by health care and gold producers but and flatlined…

Big banks drop: Aus shares flat at noon

03 Aug 2020 - The Australian share market dropped sharply at the open mainly due to the big banks falling but has recovered with a rise in the health sector and is now tracking alm…

Monadelphous (ASX:MND) in $493 million wrangle with Rio Tinto (ASX:RIO)

03 Aug 2020 - Engineering company Monadelphous (ASX:MND) has received a writ of summons from Rio Tinto (ASX:RIO) filed in the Supreme Court of Western Australia for a $493 million …

Inflation, ASX at high PE, Cheap and expensive stocks, RIO and APRA on Banks

29 Jul 2020 - Fund Manager Chris Pedersen discusses inflation, ASX at high PE, cheap and expensive stocks, RIO and APRA's stance on banks.

Loss of jobs greatest in VIC - ABS: Aus shares close 0.4% lower

28 Jul 2020 - The Australian share market rose at the open following strong mining stocks but fell during the session, closing 0.4 per cent down at the end of trade. Total payroll …

Rio Tinto (ASX:RIO) discovers new gold zone at Winu project

28 Jul 2020 - Mining group Rio Tinto (ASX:RIO) announces a discovery of a new zone of gold dominant mineralisation at its Winu copper-gold project in WA.

Eclipx Group (ASX:ECX) sells Right2Drive: Aus shares close 0.5% lower

20 Jul 2020 - The Australian share market closed 0.5 per cent lower at the end of trade. Fears of a second NSW lockdown surface. Eclipx Group (ASX:ECX) has sold accident loan car p…

Sezzle (ASX:SZL) set to raise $86.3M: Aus shares 0.1% lower at noon

10 Jul 2020 - The Australian share market is off to a rocky start today. It opened lower following renewed fears of a second wave of covid-19 in the US and is now tracking 0.1% per…

Home loans record largest ever fall - ABS: Aus shares close 0.6% higher

09 Jul 2020 - The Australian share market rose at the open and continued to rally closing 0.6 per cent up at the end of today’s trade. Home loan commitments for housing fell sharpl…

The price of iron ore hits a 2020 high: ASX set to open higher

09 Jul 2020 - Following small gains from US markets overnight, the ASX looks set to open higher this morning. The US is seeing some fluctuation in the markets as investors weigh up…

A positive day of trade for the first day of the new year: ASX closes 0.6% higher

01 Jul 2020 - It has been a positive day of trade for the ASX in the first session of the new year, lifted by banks and gold miners to close 0.6% higher. As for the sectors today R…

Rio Tinto (ASX:RIO) power supply agreement reached

29 Jun 2020 - Rio Tinto (ASX:RIO), Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi.

S&P 500 looking vulnerable here

22 Jun 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at S&P500, Polynovo, Rio Tinto and A2 Milk Company.

Aussie shares give up gains, banks, miners sell off: Aus shares close 0.1% higher

19 Jun 2020 - The local share market gave up its gains in late trade alongside a similar loss of strength in US futures. Miners and the big four banks sold off in the lead up to th…

Retail sales surge 16% as restrictions ease: Aus shares 1% higher at noon

19 Jun 2020 - The local market opened higher this morning following a mixed session in the US overnight. Aussie shares have clawed back some of yesterday’s falls in the first two h…

Rio Tinto (ASX:RIO) Chairman apologises for destruction at Juukan Gorge, launches heritage review proces

19 Jun 2020 - Rio Tinto Chairman, Simon Thompson has apologised to the traditional owners of Juukan Gorge for its controversial destruction of indigeneous caves at the site in the …

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares finish 1.1% higher

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.

Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners Aus shares 0.7% higher at noon

01 Jun 2020 - The Australian sharemarket has reversed an early dip the beginning of the trading week as the big four bank stocks push higher, while property stocks are taking a hit…

Monadelphous (ASX:MND) secures $150m worth of new contracts

01 Jun 2020 - Engineering company Monadelphous Group (ASX:MND) has secured a number of new construction and maintenance contracts worth a combined $150 million.