FTSE shares cling to gains as mid-cap miners boosted by commodity price gains
US investors showed little fear ahead of a Federal Reserve rate decision due later in the session, and Friday’s always-important US non-farm payrolls.
Company
Rio Tinto Ltd
LON:RIO
Rio Tinto Ltd is a leading international mining group that finds, mines and processes the earth's mineral resources. The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.
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Investments and investor services
FTSE 100 stocks end flat as BT counterweighs a miners’ rally
FTSE 100 stocks closed flat on Tuesday, with miners’ gaining, but telecoms group BT topped the losers after the business endured a £8bn hit. Tickers ended remarkably resilient in the wake of the UK Supreme Court’s decision that the HM Gover
Rio Tinto's 2016 production good, but not good enough
Production on the whole beat that of 2015, but wasn’t quite what the market, or Rio itself, had in mind
Archive
Week Ahead: Christmas hangover lingers for retailers
Among the big retail names reporting are Burberry, Halfords and Pets at Home.
FTSE 100 hits fresh record high as sterling sags
FTSE 100 stocks closed at a record high on Monday, extending from its feat last week, as it marked the eighth successive record peak, largely thanks to a weakening pound
FTSE 100: the good, the bad, and the ugh!
It was a fantastic year for the miners, less so for the airlines and the retailers.
FTSE 100 hits record high, small-cap FTSE AIM 100 marks 3-year peak
FTSE 100 shares marked a fresh record high on Wednesday and small-caps scaled their highest in nearly three years, as investors, traders and mining stocks were in a more festive mood than their counterparts on Wall Street
FTSE edges higher, small caps help London record 40% gainers, miners sink
FTSE 100 stocks ended higher on Thursday after pulling away from flat positions at midsession while small-caps helped 40% of London’s stocks to gain – one of their best performances this year - but falling prices for copper, zinc and nickel
Archive
FTSE stocks led higher towards 7000 by banks, but miners reel from Fed rate hike
FTSE 100 stocks closed higher on Thursday, just shy of the 7000 mark, but the theme of the session was all about weaker sterling in the wake of the US interest rate hike overnight
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Proactive news round-up: Seeing Machines, Fox Marble, OptiBiotix Health ...
A glance at today's headlines on the Proactive newswire ...
Savannah Resources starts work to build up Mozambique minerals sands resource
An auger drill programme is almost finished, with a further 88 holes of shallow drilling expected to complete early in 2017.
Investments and investor services
FTSE 100 shares extend gains as Wall Street rallies
FTSE 100 shares extended gains in the second half of Tuesday to close comfortably up in tendem with record-breaking gains on Wall Street
Brokers take a shine to Rio Tinto. Here's why..
There’s been a rash of broker changes in the mining sector, which in morning trade dragged the FTSE 100 higher
FTSE 100 stocks march higher, miners lead
FTSE 100 stocks marched higher on Wednesday with miners the top gainers
Investments and investor services
FTSE 100 shares close firm with oil while Italy is side-stepped
FTSE 100 shares closed firm on Monday, having brushed off the turmoil in Italy following a “no” vote in the euro zone country’s referendum which led premier Matteo Renzo to tender his resignation, as oil prices continued to extend gains
Productivity drive to generate US$5bn for Rio Tinto
“A relentless focus on generating cash, together with capital discipline, means that investors can expect us to deliver superior shareholder returns”
FTSE 100 shares brought down by gold miners as dollar gain hits commodities
FTSE 100 shares sank on Friday as gold miners were out of love in the midst of the rising dollar which hit yellow metal prices
Rio Tinto's Davies to take legal action after alleged bribery firing
Alan Davies is reportedly liaising with employment law specialists.
Archive
Brokers: 25% upside as well as big yield at Imperial Brands
A round-up of some of today's broker commentary
Is the Trump effect being overplayed for mining stocks?
JP Morgan Cazenove believes investors are probably over-estimating the potential impact of a Trump presidency on the sector
Investments and investor services
UK stocks end higher but wary of US rate hike
UK stocks ended higher on Tuesday but off their day’s best as speculation mounted over a December US rate hike
Upgrades galore for Glencore as brokers set new benchmark
The recovery in cash flows is yet to be fully priced in by the market.
Rio Tinto suspends executive over bribery allegation
Rio Tinto has today notified the relevant authorities in the UK and US and will also contact the Australian authorities.
FTSE 100 closes higher with miners but fresh record high eludes
London’s FTSE 100 index closed higher thanks to miners, but well off a late surge as a fresh record high eluded it
Rio Tinto cuts iron ore and copper production guidance
Despite cutting guidance, CEO J-S Jacques said third quarter production was strong, and the market (just about) agreed
Bannerman Resources Ltd responds to ASX Query as sentiment returns
Bannerman recently outlined results from the Etango Heap Leach Demonstration Plant.
FTSE 100 shares dragged down by Brexit-inspired corporate spat
FTSE 100 shares end down after a Brexit-linked spat between two blue-chip stocks sends their stock lower on Thursday
Archive
easyJet flies into more turbulence as Deutsche downgrades forecasts
A look at some City analysts view on Tuesday.
Miners are Tuesday’s small cap highlights: SolGold, Eurasia and Savannah Resources top the bill
As our mining expert Alastair Ford pointed out, its been a long hiatus with no corporate activity of any real significance at the junior level for nearly seven years, but deals are now popping up.
Savannah and Rio Tinto sitting on massive mineral sands resource
The commercials remain broadly similar to the original agreement to bring together the projects, which are next to each other and are effectively component parts of the same deposit.
Mining revival? Here's one stock to sell and one to buy
The mining analysts at UBS have upgraded their prices for coal and base metals, leading to a boost to its profit forecasts sector-wide of 5-25%.
FTSE 100 misses out on record high close over Brexit, US rate fears
FTSE 100 shares narrowly missed out on a record closing high on Tuesday after slipping back from record levels thanks to renewed Brexit fears which sent the pound below $1.23, as well as growing expectations of a US rate hike this year. Ear
Investments and investor services
FTSE100 shares flirt with record high close
FTSE 100 shares came within a handful of points of marking a fresh record high close on Monday, but for all the gains of mining stocks the ticker just could not muster the umph to triumph
Archive
Brokers: Barclays like media firms, just not ITV
ITV and Inmarsat were the only two media and telecoms firms downgraded by Barclays in its latest note on the industry
Why BHP Billiton gets the nod over Rio Tinto - blue-chip broker tells all
The call by one of London's leading authorities on the oil sector comes ahead of a meeting with the mining major's management.
Bannerman Resources Ltd's uranium plant test results de-risk Etango
Phase 5 test work has confirmed optimisation potential exists, which significantly de-risks the uranium project, both technically and financially.
Greatland acquires gold-copper project in Western Australia
“We believe that the initial consideration of A$25,000 in cash and the issuance of 65mln shares represents a very modest initial payment given the potential at Havieron”
Haitong sees little eastern promise in mining
Broker believes miners are facing commodity price falls in the fourth quarter
Jefferies International takes dim view of Petrofac's prospects
Broker downgrades oil services group to 'hold' and reduces its price target
UK stocks weighed down by miners
Top UK stocks fell into negative territory late on Tuesday, weighed down by depressed mining stocks after copper prices hit a 10-week low
UK stocks gains after Fed’s Yellen comments, miners dominate after zinc price gains
London stocks closed higher on Friday, feeding off the initial optimism of Wall Street investors over comments from the US central bank’s chief Janet Yellen, while 15-month highs for zinc prices made miners dominate the skyline
FTSE 100 inches higher as investors wait on Yellen
FTSE 100 added 8 to 6,825 and the FTSE AIM 0.4% to 792.5
Archive
Brexit watch - Leave vote boosts British retailers
A look at some of the Brexit themes in the week just gone
UK shares end lower, led by miners on US Fed rate fears, weaker oil prices
London stocks ended lower on Monday, as miners reflected the unease over what policymakers might say to urge a US rate hike later this week and oil stocks came off with a weaker Brent crude price
London stocks fall as oil prices hit six-week highs
London blue-chip stocks closed at their session nadir on Tuesday and their lowest since Thursday as a miners’ rally failed to buttress the main line ticker as oil prices hit six-week highs in Europe
London stocks mark fresh 14-month highs, buoyed by Wall St gains
London’s blue-chip and mid-cap indices marked a fresh 14-month high on Friday, fuelled by historic gains overnight by Wall Street
FTSE 100 rises on Friday but still some way off record pace
The blue chip benchmark opened on the back foot this morning.
Archive
Brokers: Goldman Sachs happy to stick with Randgold
Includes Randgold, Rio Tinto, Aker Biosciences, Savannah Petroleum, Joules...
UK stocks higher thanks to Coca-Cola fizz
London stocks closed higher on Thursday after Coca-Cola HBC provided some fizz for the market
FTSE 100 lower at lunch unlike European counterparts
After five day's of gains London's FTSE 100 is lower amid new oil price weakness.
London top shares hit 14-month highs, mid-caps pre-Brexit levels after Wall St gains on NFP
London’s blue-chip shares advanced to 14-month highs on Friday and mid-caps reclaimed pre-Brexit levels as investors continued to lap up UK monetary easing and built on that with news that Wall Street’s S&P 500 hit a fresh record high after
FTSE 100 continues higher as traders await US jobs report
Investors are not waiting around for this afternoon's US jobs report and have dived in after yesterday's rate cut by the Old Lady of Threadneedle Street
Archive
Morgan Stanley dials Direct Line target higher
Heavyweight broker Morgan Stanley is bullish on insurance firm Direct Line today
Savannah 's value climbs as lithium peps up portfolio
Savannah shares have more than doubled this year as momentum has built
Rio Tinto shines a light on a steadier future for miners
Rio Tinto's interim results mixed a large dose of caution about the global economic output with a modicum of optimism
Rio Tinto sounds a note of caution
Rio provides an excellent insight into the opaque world of commodities and its take can best be described as guarded and perhaps slightly at odds with the strong recovery in equity valuations across the sector.
UK shares fall after manufacturing at lowest levels since 2013, FTSE 250 at pre-Brexit levels
London shares closed lower on Monday, as the month started with dire manufacturing output data to set a bad tone for the week as mid-caps fall below Brexit levels, again
Investments and investor services
Dire UK manufacturing data hits Footsie
The FTSE 100 Index lost hold of a 25-point gain to stand 17.5 points adrift at lunchtime
Bannerman Resources Ltd progresses Etango uranium project under new CEO
Brandon Munro, new CEO for Bannerman Resources Ltd, will be looking to draw on this experience and his transactional background to progress forward the Etango Uranium Project in Namibia.
Anglo Pacific receives Kestrel royalty boost
Anglo‘s income comes from royalties from mining assets, one of which is the Kestrel coal mine in Australia.
London stocks end flat but smaller stocks feel pulse of possible takeovers
London stocks ended flat on Tuesday although tech stocks fared well as speculation moved onto who might be snapped up next after news this week that Softbank is buying ARM Holdings in the wake of a Brexit-fuelled weaker pound
Tech stocks still in vogue as pound and FTSE 100 Index fall
The FTSE 100 Index was 13.01 points adrift at 6682.41 and the FTSE 250 backtracked too
Investments and investor services
Miners weigh on FTSE 100 Index amid supply glut fears
The FTSE 100 Index backtracked 23.49 points to 6671.93
London shares record 11-month high close after US non-farm payrolls report
London’s shares closed at an eleven-month high on Friday after a buoyant US non-farm payrolls report built on bourse firmness earlier in the session
Bannerman Resources demonstrates heap leaching success at Etango Uranium Project
Phase 4 test work has confirmed the viability of the heap leaching process, which significantly de-risks the uranium project, both technically and financially.
Archive
Big miners beating 'Brexit Blues', says Deutsche
Analyst Anna Mulholland said that free cash flow yields for the sector now average 14% and 16% this year and next respectively and among the broker's top picks - Rio Tinto (LON:RIO), Acacia (LON:ACAA) and Vedanta (LON:VED) are yielding abov
Archive
Proactive mining highlights: Anglo Asian, Condor Gold, Gemfields, Kibo, Hummingbird, Orogen and more
Weekly round up of mining news from the world of Proactive.
Savannah Resources' Rio Tinto joint venture given more time
The deal announced last summer sees Savannah merge the heavy mineral sands assets in Mozambique with those of Rio to create a world class project.
FTSE100 pips higher as Remain-Brexit support is on a knife edge
The FTSE 100 index closed firmer on Tuesday, after a choppy session, as the latest opinion polls showed Remain-Brexit support on a knife-edge ahead of Thursday’s referendum
Trending: Bremain Rovers drawn against Brexiter City in European tie
David Beckham wants in; Sol Campbell wants out (for a change). There's only one way to settle this, and that's a celebrity EU refendum footie match.
Investments and investor services
Randgold among FTSE 100 fallers as gold drops ahead of EU vote
The polls are tight and much can still happen before Thursday’s EU vote, in the meantime equities are expected to show some volatility.
Proactive Investors end of day news wrap: Metminco, Oilex, Anglo Pacific ...
An abstract of news from the small cap world today
Anglo Pacific poised for less Kestrel royalty from first half
Kestrel is operated by mining giant Rio Tinto and lies in the Bowen Basin, Queensland, Australia
Archive
CMA's ICAP and Tullet Prebon concerns ‘should be resolvable’
ICAP & Tullet Prebon, Weir Group, Rio Tinto, Accesso Technology, and Goals Soccer Centres are in Tuesday's broker spotlight.
FTSE100 heads north; Iofina bolsters small caps
FTSE AIM 100 was up 0.26% to 3,512, while the FTSE AIM All share gained 0.26% to stand at 745.290
FTSE 100 Index rises as oil prices hit US$50 a barrel
The Footsie advanced 12.23 points to 6275 in early London trading
Kincora consolidates Mongolian copper province
Kincora Copper has moved to consolidate the southern Gobi copper belt in conjunction with a company ultimately controlled by Robert Friedland
Archive
Proactive mining highlights: African Potash, Eurasia Mining, Lucara Diamonds, Red Rock and more...
Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
Kincora Copper well-positioned, as interest in Mongolia reawakens
Copper porphyries like Oyu Tolgoi tend to occur in clusters focused on key geological structures within established belts.
Herencia Resources leads London pack higher
Chilean miner is biggest riser of the session as it sells silver-zinc-lead project
Investments and investor services
London shares climb as Greek hopes rise
The FTSE 100 opened with a slight dip then recovered 47 points to 6161
FTSE 100 retreats late as miners suffer, small caps steady
Shares in London fall back late on despite solid start
Imagination Technologies leads shares higher on bid talk
Chinese tech fund buys stake in graphics chip developer
Investments and investor services
Shares shrug off downbeat Chinese data
The Footsie rose 12 points to 6137 while small-cap indices also advanced
Archive
Proactive mining highlights: Aureus, Botswan Diamonds, Gemfields, Tembo Gold, Red Rock...
The weekly wrap up of small cap mining news from Proactive.
Rio Tinto to expand Oyu Tolgoi after landmark deal
Rio and its partners will spend US$5.3bn building an underground section of the mine
Risers & Fallers: Sabien Technology, Anglo Asian, Leaf Clean Energy ...
Major share price risers and fallers in London at 4.00pm
Will junior miners shortly be revisiting the Supercycle story?
The China story is now a permanent fixture in the small company landscape