ASX:RIO

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ASX:RIO

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.

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…