ASX:RIO

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ASX:RIO

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…

Monadelphous Group signs new contract with Rio

02 Aug 2019 - Engineering company Monadelphous Group (ASX:MND) today announced it has been awarded a major construction contract with Rio Tinto.

Trump tweets new tariffs: ASX poised to open lower

02 Aug 2019 - Another negative session for US stocks, this time on a Tweet. US President Donald Trump posted on social media saying, on September 1, the US will impose a new tariff…

US stocks fall on Powell’s move: ASX poised to open lower

01 Aug 2019 - Following weak leads from US markets, the ASX is set to open lower. As was expected by economists and investors, the Federal Open Market Committee cut US interest rat…

Economic reports, CBA and Rio

31 Jul 2019 - Fund Manager Chris Pedersen discusses economic reports, CBA and Rio.

Earnings season kicks off on ASX: Aus shares 0.2% higher at noon

29 Jul 2019 - Australian reporting season kicks off, Credit Corp (ASX:CCP) profit up 9%, loan book up 16%, YTD shares up 32%. Rio due later this week. Air New Zealand (ASX:AIZ) pas…

RIO, AMP, BIN, Reserve Bank & Interest Rates

17 Jul 2019 - Fund Manager Chris Pedersen discusses Rio Tinto (ASX;RIO), AMP (ASX:AMP), Bingo Industries (ASX:BIN), Reserve Bank & Interest Rates.

RBA to cut rate by 0.25% by Nov says UBS, markets say Aug: Aus shares lose 0.2%

16 Jul 2019 - Rio Tinto (ASX:RIO) shares outperform BHP (ASX:BHP) YTD, despite Rio downgrading 2019 iron ore shipments on Cyclone Veronica. Galaxy Resources (ASX:GXY) record produc…

RBA signals another cut: Aus shares lacks direction, steady at noon

16 Jul 2019 - Aus shares break out of two-day down trend but now track steady at noon, 4pts lower. Material sector 17% higher on-year with iron ore price 2-week & 5-yr high. YTD Fo…

Rio quarterly iron ore production hit by cyclone

16 Jul 2019 - Global miner Rio Tinto (ASX:RIO) has today reported a 3 per cent drop in second-quarter iron ore shipments to 85.4 million tonnes due to disruptions caused by a cyclo…

New banking code of practice in force: Aus shares close 0.4% higher

01 Jul 2019 - Link Administration (ASX:LNK) confirms CPC £240-million sale took place on 28 June 2019 after all approvals were received. Rio Tinto (ASX:RIO) appoints Barbara Levi a…

Starting 2020 financial year higher: Aus shares 0.5% higher at noon

01 Jul 2019 - Aus shares kick off 2020 FY higher on Wall Street leads and Trump/Xi agreeing not to impose more tariffs. New banking code of practice comes into effect today with ba…

Rio Tinto appoints new Group executive Legal

01 Jul 2019 - Rio Tinto (ASX:RIO)has appointed Barbara Levi to succeed Philip Richards as Group executive, Group General Counsel.

Board changes at Rio Tinto

27 Jun 2019 - Dame Moya Greene has notified the Rio Tinto (ASX:RIO) Board of her intention to step down as a non-executive director with immediate effect.

Stellar session: Aus shares close 0.6% higher, 140 pts off all time high

20 Jun 2019 - The local bourse pushed higher throughout the day, closing at another fresh high of 6,687pts, 140pts off all-time high. GPT Group (ASX:GPT) inks commitments to raise …

New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon

20 Jun 2019 - Aus shares hit new fresh high & the ASX200 is now 165pts off the all-time high. Caltex (ASX:CTX) loses 18%, 5-yrs of gains on profit/earnings downgrade. Resolute Mini…

Rio Tinto drops iron ore guidance by ~13 million tonnes

20 Jun 2019 - Rio Tinto (ASX:RIO) drops iron ore Pilbara shipments guidance for 2019 by about 13 million tonnes, amid mine operational challenges.

Tech puts the brakes on Wall Street’s June rally: Aus shares set for flat start

13 Jun 2019 - Australian shares are set for a flat start following weak leads from Wall Street. Rio Tinto (ASX:RIO) has released an audit of its global tailings dams around the wor…

Wesfarmers appoints FMGs co-deputy chair to its board

05 Jun 2019 - Wesfarmers (ASX:WES) has appointed the co-deputy chairman of Fortescue Metals Group (ASX:FMG) Sharon Warburton to its board, effective 1 August 2019.

Further upside for Newcrest Mining

03 Jun 2019 - Fairmont Equities managing director Michael Gable takes a technical look Newcrest Mining, A2 Milk Company, Rio Tinto and Computershare.

Vocus swooped on, miners shine on iron ore over $105: ASX steady at noon

27 May 2019 - The Australian share market opened higher, with miners seeing a healthy rally after the iron ore price rose 1.5% to $105.32. Air New Zealand (ASX:AIZ) drops its 2019 …

New 12-year highs on Coalition win, ASX hits 6,478 pts: Aus shares up 1.3% at noon

20 May 2019 - ASX soared to new 12-year highs this morning on the banking sector rising 5%, clawing back from May's selling. Westpac (ASX:WBC) shares up 7.2%, NAB (ASX:NAB) up 6.7%…

Splitit set to raise $30 million: Aus shares up 1.1% over week

17 May 2019 - The Australian share market finished 0.6 per cent higher today after hitting a new 11 year high early in the session. Despite this, the Australian dollar continued to…

ASX reaches new 11 year high: Aus shares 0.9% higher at noon

17 May 2019 - The ASX200 opened higher following encouraging leads from the US and has seen a bullish rally during the first two hours of trade which has propelled the market to a …