Tag: RIO
Have iron ore miners been oversold or should investors ‘steel’ for more ferrous pain?
The pundits were right, for once: the laws of market gravity were always going to catch up with the price of iron ore, which in a matter of weeks has tumbled more than 50% from its nosebleed territory...
How to find winners in the mining services sector
At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the majo...
Get bigger or pay money to shareholders – the choice facing companies
It has been a great time to be a shareholder with Australian companies increasingly stuffed with cash which they will now be looking to put to use.
Those shareholders may selfishly hope that a lot ...
Investing in rare earths is not for the faint-hearted
Rare earths are not rare, nor are they earths, but they are certainly political, and it’s the politics of an increasingly aggressive China which has made the 17 metals in the rare earth family a profi...
Australian explorers return to Sweden in the hunt for energy metals
Australia has the right mix of metals to be a leader in the electric vehicle rush, but Sweden has an equally good mineral mix and a better location for access to the world’s leading car makers which i...
Small iron ore plays to get a boost from big miner’s cash shower
Showers of cash from the big boys of iron ore over the next few weeks will increase investor interest among smaller players in Australia’s most profitable mining industry.
BHP (ASX: BHP), Rio Tinto...
Sand miners on the move but risks are high
A near doubling in the price of Iluka Resources (ASX: ILU) and a sharp upward move by Astron Corporation (ASX: ATR) has restored investor interest in titanium minerals and zircon, but before buying in...
Copper theft on the rise as market tightens and metal prices vault higher
It is not often the activity of criminals provides an investment idea, but when they start stealing copper wire from power stations, or from building sites, then you know it’s time to brush up on copp...
Could this be as good as it gets for Australian iron ore?
At the moment Australia’s big iron ore miners are riding high as strong Chinese demand continues to keep prices high and profit margins very strong.
However, there are signs that the iron ore boom ...
Coppertunities: how to play the red metal as a serious shortage looms in the Biden era
While investor interest in ‘battery metals’ has focused on lithium and graphite, copper has been the quiet achiever in terms of its role in the renewable energy revolution.
But with the copper pric...
Sipa Resources signs farm-in agreement with Rio Tinto Exploration over Paterson North copper-gold project
Minerals explorer Sipa Resources (ASX: SRI) has signed a farm-in and joint venture agreement with Rio Tinto Exploration (RTX), a subsidiary of mining giant Rio Tinto (ASX: RIO), whereby RTX can earn a...
Rio Tinto destroys ancient Aboriginal site as part of iron ore mine expansion
Traditional owners in Western Australia’s Pilbara region have been left reeling after mining giant Rio Tinto (ASX: RIO) legally destroyed one of the country’s oldest known Aboriginal heritage sites as...
Rio Tinto experiences recovering demand in China for iron ore product
While the outlook for the rest of the world remains “uncertain”, Rio Tinto (ASX: RIO) claims demand for its iron ore product in China remained strong in the March 2020 quarter, despite the impact of C...
Antipa Minerals moves to next stage of farm-in agreement with Rio Tinto at Citadel copper-gold project
Junior explorer Antipa Minerals (ASX: AZY) has confirmed that joint venture partner Rio Tinto Exploration (ASX: RIO) will proceed with the next stage of its phased earn-in to the Citadel copper-gold p...
Monadelphous-Lycopodium JV wins $400m Rio Tinto contract
Iron ore mining giant Rio Tinto (ASX: RIO) has awarded a major engineering, procurement and construction (EPC) contract worth $400 million to a Western Australian joint venture between Monadelphous (A...
BHP announces plans for driverless trucks at Goonyella Riverside coal operations in 2020
Australia’s largest coal producer BHP Group (ASX: BHP) has announced it will automate 300 jobs in Queensland’s Bowen Basin following the conversion of 86 Komatsu trucks to autonomous haulers next year...
Rio Tinto to farm into Carawine Resources’ high-priority copper-gold targets in Paterson Province
Rio Tinto (ASX: RIO) has scooped up more ground in Western Australia’s Paterson Province after it agreed to a $6 million farm-in deal with Carawine Resources (ASX: CWX).
Via its wholly-owned subsid...
China eyes Oakajee revival on strong iron ore prices
As iron ore dips from its highest price in five years, China’s Sinosteel has snapped up Mitsubishi’s stake in the stalled $10 billion Oakajee port and rail project set to link up iron ore mines in Wes...
Rio Tinto confirms major copper discovery at Paterson Province, juniors scramble to peg ground
Mining giant Rio Tinto (ASX: RIO) has put to rest industry speculation surrounding a potential new discovery, with confirmation this morning of a significant copper-gold find at the Winu project in th...
Copper price heads up on easing trade tensions and eroding inventories
As a trade resolution between China and the US finally becomes a possibility, eroding copper stockpiles have begun to bump the metal’s price back up.
Earlier this week, US President Donald Trump an...
De.mem kicks off 2019 with water treatment contract for Rio Tinto
Water and wastewater treatment company De.mem (ASX: DEM) has added to its order book after clinching a year-long operations and maintenance contract with Rio Tinto (ASX: RIO).
The new contract will...
