Rio Tinto Share Discussion Threads

[podgyted] 29/11/2019 07:09

BOGOF offer for the weekend:-





Rio down 0.5% in Oz

Have a good one.

[podgyted] 27/11/2019 06:44

Rio up 1.1% in Oz

[florenceorbis] 27/11/2019 04:59

Financial Times: The Mongolian government will give a go ahead to the expansion of Rio Tinto’s Gobi Desert copper mine, but it will seek to “improve”; the terms of the agreement behind the delayed project.

[podgyted] 26/11/2019 07:05

Rio up 0.1% in Oz.

[waldron] 25/11/2019 07:13

CHEERS TED

HAVE A GREAT WEEK

[waldron] 24/11/2019 17:12

I drink to a trade deal and thence a Santa Claus Rally emanenating from the resulting with the Trump Tweeter Effect with him taking all the credit


A UK finish to the year seeing a rise in sterling and stock market

Thats not too much to ask is it.

[the grumpy old men] 24/11/2019 15:34

Turvart


Sometimes it would be helpful if you backed up your high expectations with some sort of logical proof


anyone can pull unsubstantiated share price out of the air

[turvart] 24/11/2019 15:28

All is in the proof of the pudding and I’ve stated yesterday that ABDP will push to 3500-4000 in the next 30 days.

[turvart] 24/11/2019 15:26

The Grumpy old men,

I will not be running down my lane naked at the end of May 2020, Rio will be at least 5600 maybe even pushing 6000.

[the grumpy old men] 24/11/2019 14:22

17/01/2020

Quarterly operations review

Fourth quarter operations review 2019 8:30am Sydney (9:30pm London on 16 January)

[the grumpy old men] 24/11/2019 14:00

What just over a 5pc plus upside over the next year


Pleased to see others more optimistic and bullish

[ariane] 23/11/2019 19:10

Monadelphous secures Rio Tinto contract
Engineering company Monadelphous Group has been awarded a contract for the provision of fixed plant maintenance services to Rio Tinto
Monadelphous secures Rio Tinto contract

Monadelphous will provide fixed plant maintenance services at Rio Tinto's operations in the Pilbara region of Western Australia

Asset Management > Maintenance

22 November 2019
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Staff reporter

The contract is valued at more than A$100 million (US$68 million) in aggregate over a five-year period.

The mechanical and electrical maintenance services contract includes the provision of shutdowns and scaffolding at Rio Tinto's iron ore operations in the Pilbara region of Western Australia.

Rob Velletri, managing director at Monadelphous, said: "The contract allows us to build on our long-standing relationship with Rio Tinto. Our focus will be on the delivery of safe, reliable, innovative and cost-effective solutions.

"We have seen significant growth in our maintenance division over the last two years, with a more than 50% increase in revenue. This award, which is a continuation of the provision of maintenance services to Rio, ensures a strong pipeline of future work within the iron ore sector in the Pilbara.

"We look forward to continuing to partner with the communities of Karratha, Dampier, Wickham and Roebourne, providing employment, training and business opportunities in these regions."

Monadelphous has provided services to Rio Tinto's iron ore operations for more than 25 years.

[turvart] 23/11/2019 17:14

The Mongolian Government are desperate for funds and they are trying to move the goal posts, this ain’t going to happen with the CEO Rio have, because if Rio pull out of Mongolia they will be in the scum they have been in for decades.

Rio is the only way forward for this scum Country if Rio pull out they are nothing.

[turvart] 23/11/2019 16:31

If any holders of Rio are feeling nervous about holding after the recent RNS about Oyu Tolgoi then don’t be. It’s the usual agenda that a poor Government and Country are trying it on with one of the Worlds top mining companies because they know Rio are successful and have billions behind the company with cash in bank and working cash flow.

Rio Tinto doesn’t just start a 7 BLN project without having top legal advice to guide them through technicalities like this when poor Government want more money when they know full well Rio are in advanced stage with the project.

[turvart] 23/11/2019 15:27

Gibbs1,

That’s certainly a nice pension in future dividend payments for Megan, well done Megan!

I always remember back in 2006 I got my boss hooked on trading the market and he put monitors on the shop floor so we could look at the prices of stocks, oil, gold, FX etc etc and we traded alongside working. I always remember my boss saying have you seen Rio going up and at the time I think if my memory serves me correctly it was around the £10-11 pound area and back in those days I wasn’t even slightly interested in Rio, look at me now love Rio and buying 4 times that price 12 years later.

LOL!

[gibbs1] 23/11/2019 08:35

Rio Tinto Limited (ASX: RIO)

A change of director’s interest notice reveals that independent non-executive director, Megan Clark AC, has been buying shares recently. According to the notice, Clark bought 525 shares through an on-market on November 18. The director paid an average of $94.33 per share, which works out to be a total consideration of $49,523.25. This purchase lifted Clark’s holding to a total of 5,770 shares.

[waldron] 22/11/2019 16:52

Iron Ore 83.79 USD 0.24(0.29%)
Gold COMEX 1,465.30 +0.12%
Silver COMEX 17.03 -0.21%
Platinum NYMEX 893.00 -2.67%
Copper COMEX 2.64 +0.67%
Brent Crude Oil NYMEX 63.23 -1.16%
Gasoline NYMEX 1.67 -1.57%
Natural Gas NYMEX 2.69 +2.56%
(WTI) 57.68 USD -1.08%


Rio Tinto
4,184.5 +2.14%


Bhp
1,706.6 +2.18%


Anglo American
2,063.5 +2.56%


Glencore
246.9 +3.05%

[waldron] 22/11/2019 07:13

yep have a great weekend ted et al

[podgyted] 21/11/2019 09:17

P - totally agree with your analysis - its just the wait is frustrating - along with diplomacy by tweet.

"the orange buffoon" LOL!

[p0pper] 21/11/2019 07:35

podgy I don't think it is about a deal anymore, I think it is who gives in, the U.S. now seems to have lost it's world crown and China are coming up on the rails quickly, also Chinese people are very, very proud and would lose face if Xi Jingpin just agreed to everything. Also maybe playing a long game (as they do) and waiting for the orange buffoon to get out of office, next year?