Quantcast

Posts related to ‘NYSE: RIO’

Glencore, Xstrata Merger on the Rocks (GLCNF, XSRAY, BHP, VALE, RIO)

Posted: June 28, 2012 at 7:47 am

The announcement last February that Glencore International AG (OTC: GLCNF) would acquire mining giant Xstrata plc (OTC: XSRAY) has always faced one very big problem: just 17% of Xstrata shareholders ...
Read Full Story »

After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)

Posted: May 29, 2012 at 12:59 pm

The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth ...
Read Full Story »

Copper Miners Looking at a Tough Year (FCX, RIO, SCCO, BHP)

Posted: April 19, 2012 at 9:54 am

From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning ...
Read Full Story »

24/7 Wall St. Closing Bell (AMZN, GRPN, RIO, TXN, GM, DDMG, CLRO, GPN, CMVT, ISCA, VRNG, WG, KERX, PNCL)

Posted: April 2, 2012 at 4:05 pm

Markets opened lower this morning but managed to recover fairly quickly following a report on robust manufacturing growth (our coverage here). The report on construction spending came in weaker than ...
Read Full Story »

Another Asset Sale Coming in Diamond Mining? (RIO, BHP, AAUKY)

Posted: March 27, 2012 at 9:14 am

UK-based mining giant Rio Tinto plc (NYSE: RIO) is mulling over the idea of shedding its diamond mining and production operations. The company’s review follows by two weeks reports that ...
Read Full Story »

Lower Steel Demand from China Chills Mining Stocks (BHP, VALE, RIO)

Posted: March 20, 2012 at 10:00 am

The projected slowdown in China’s GDP growth to 7.5% in 2012 has dampened demand for steel. Steel prices are flattening out and the result is that investors are seeing a ...
Read Full Story »