Rio Tinto Share Discussion Threads

[sarkasm] 30/12/2019 21:45

By Rob Barry and Dustin Volz

The hackers seemed to be everywhere.

In one of the largest-ever corporate espionage efforts, cyberattackers alleged to be working for China's intelligence services stole volumes of intellectual property, security clearance details and other records from scores of companies over the past several years. They got access to systems with prospecting secrets for mining company Rio Tinto PLC, and sensitive medical research for electronics and health-care giant Philips NV.

[waldron] 30/12/2019 17:13

Iron Ore 91.52USD -0.03(-0.03%)
Gold COMEX 1,518.50 +0.03%
Silver COMEX 18.02 +0.40%
Platinum NYMEX 965.80 +0.96%
Copper COMEX 2.82 -0.19%
Brent Crude Oil NYMEX 66.67 -0.30%
Gasoline NYMEX 1.73 -0.83%
Natural Gas NYMEX 2.21 -1.17%
(WTI) 61.55 USD -0.24%

Rio Tinto
4,507 -0.91%

Bhp
1,790.2 -1.14%

Anglo American
2,171 -0.23%

Glencore
237.35 -0.59%

[waldron] 30/12/2019 17:01

Price (GBX) 4,507.00 Var % (+/-) -0.91% (Down -41.50)
High 4,545.00 Low 4,492.50
Volume 1,563,626 Last close 4,507.00 on 30-Dec-2019
Bid 4,513.50 Offer 4,515.50

[grupo guitarlumber] 30/12/2019 16:17

Certainly banging against a stong resistence at 4559p but whether toppy one should await mid jan 2020




easwarareddy
30 Dec '19 - 13:10 - 2358 of 2359
0 0 0
Hm looks toppy. Time to bail

[easwarareddy] 30/12/2019 13:10

Hm looks toppy. Time to bail

[waldron] 30/12/2019 08:28

WORLD PEACE

[waldron] 30/12/2019 08:27

Rio Tinto PLC (RIO.LN) said Monday that it has initiated the process to restart operations at Richards Bay Minerals in South Africa, with full operation expected in early January and regular production early next year.

The London and Australian-listed mining company added that once operations at Richards Bay has normalized it expects to review restarting the Zulti South project.

Rio Tinto halted operations earlier this month following an escalation in violence in communities around its Richards Bay Minerals operations.

It said Monday that it has decided to restart operations after talks with the Premier of KwaZulu-Natal, Sihle Zikalala, to address the issues in the community and provide the stable environment necessary for the mine to resume operations.

Rio reiterated that titanium dioxide slag production for 2019 is now expected to be at the bottom end of 2019 guidance of between 1.2 million and 1.4 million metric tons.



Write to Ian Walker at [e-mail]



(END) Dow Jones Newswires

December 30, 2019 02:32 ET (07:32 GMT)

[gibbs1] 29/12/2019 10:54

3 reasons why the FTSE 100 could crash below 7,000 points in 2020

Alan Oscroft | Sunday, 29th December, 2019
Arrow descending on a graph
Image source: Getty Images.

I’m pretty optimistic about the FTSE 100‘s prospects for 2020, but then I’ve always been bullish about shares based on my long-term view. But that doesn’t always work well in the shorter term, so what things might prove my optimism wrong?
Brexit

I have to start with Brexit. Alhough Boris Johnson’s withdrawal bill has passed parliament and we’re finally due to leave on 31 January, we’re still depending on less than a year of negotiations over what kind of trade deal we’ll get with the EU. And now that the PM has rushed into law a prohibition on that process going beyond 2020, fears of reverting to World Trade Organization (WTO) rules are back.

Economists think a WTO situation would seriously damage the economy, and if that happens, it’s almost certain to hurt UK-centric businesses. I can see share prices turning sharply downwards again, with the banking sector being hard hit. I’d also expect a resulting weakening in house prices damaging shares in housebuilders and closely related companies.

A possible upside is that global shares on the FTSE 100 could see their share prices gain if the pound crashes (which I expect it would), as they’re essentially valued in US dollars.
World trade

Resorting to global stocks with worldwide reach might not be much of a safety measure if world trade disputes continue, however. The source of the international woes is Donald Trump’s escalating trade tariff wars with China, where he doesn’t appear to understand how tariffs work. He seems to think that China would pay for the import duties and not American consumers, and didn’t appear to foresee retaliatory actions that are hurting American exporters.

The whole thing is really just setting world free trade back into the dark ages of isolationism and protectionism, and a number of economic commentators are suggesting we’re on the cusp of a downwards turning point for the US economy. Manufacturing output in the US is weakening, and job growth appears to be slowing — and a tough economic spell in the US would affect the whole world and its stock markets, including the FTSE 100.
Earnings downturn

One bright point of 2019 has been the high level of FTSE 100 dividends, with a quarter of the stocks in the index recently offering yields of better than 6%. That’s great for income seekers, and there are plenty of dividend stocks I find very attractive. But everything depends on the reliability of those dividends and the strength of the earnings that lie behind them.

And a number of observers are asking whether we’re heading for a downturn in the earnings cycle and resulting downwards pressure on dividends. If we should see dividends being pared back as 2020 progresses, that could harm sentiment towards stocks in general and pull the Footsie down.
Strategy

What would I do to protect my stock portfolio from these possibilities? Well, nothing, because for one thing I remain a long-term optimist.

I’m just going to carry on with my usual strategy of investing in good companies paying reliable dividends, as they’ll outlive politicians. And who knows — I still think we’ll get an EU trade deal, and there’s a US presidential election in 2020.
A top income share with a juicy 6% forecast dividend yield

Motley Fool UK

[turvart] 28/12/2019 19:22

A very serious stock market crash is due very soon!

[florenceorbis] 27/12/2019 11:01

thought it would break thru 4600p this morning

DISAPPOINTED







Price (GBX) 4,586.50 Var % (+/-) +1.14% (Up +51.50)
High 4,594.00 Low 4,540.50
Volume 204,923 Last close 4,535.00 on 24-Dec-2019
Bid 4,586.00 Offer 4,587.00
Trading status Regular Trading Special conditions NONE

[florenceorbis] 27/12/2019 08:38

good to see miners up this morning

[waldron] 27/12/2019 07:52

Markets
European stocks set to open higher as Wall Street hits new record highs
Published Fri, Dec 27 20191:33 AM EST
Spriha Srivastava
@spriha



Key Points

Market focus is largely attuned to the U.S.-China trade development.
On Thursday, stocks stateside hit record highs as the year-end rally continues.

European stocks are set for a higher start to the trading day on Friday, following the rally in stocks stateside.

The FTSE 100 points to a higher open of 11 points while the German DAX looks to open 58 points higher. Meanwhile, France’s CAC 40 looks set to open 14 points higher.

Market focus is largely attuned to the U.S.-China trade development. Investors are running back into traditional assets ever since the announced they have reached a phase one trade agreement earlier this month. The two countries are in the process of translating the deal, aiming to sign it in early January.

In a regular press briefing on Thursday, the Chinese Commerce Ministry said China is in close touch with the U.S. on signing the initial trade pact. President Donald Trump said Tuesday the deal is “getting done,” adding there will be a signing ceremony with Chinese leader Xi Jinping.

On Thursday, stocks stateside hit record highs as the year-end rally continues.

Meanwhile,Oil prices rose in the afternoon of Asian trading hours, with international benchmark Brent crude futures adding 0.15% to $68.02 per barrel. U.S. crude futures also gained 0.24% to $61.83 per barrel.

[waldron] 26/12/2019 22:58

Turvart
26 Dec '19 - 22:46 - 2342 of 2342
0 0 0
Adrian j boris,

What would be good for you is for you not to follow me around so much and bully me for being Jewish!


At a guess no one knew you were jewish turvart until you started on about it today

anyways advfn have now been informed of your false claims

YOU HAVE GONE ONCE AGAIN A BRIDGE TOO FAR


For heavens sake,grow up and take that chip off your shoulder

[turvart] 26/12/2019 22:46

Adrian j boris,

What would be good for you is for you not to follow me around so much and bully me for being Jewish!

[adrian j boris] 26/12/2019 22:29

Turvart
26 Dec '19 - 22:08 - 2340 of 2340 (Filtered)


0 0 0

[turvart] 26/12/2019 22:08

What would really be good for RIO?

Is me but i'm not into RIO at the moment!

[the grumpy old men] 25/12/2019 14:34

La Forge
25 Dec '19 - 12:33 - 2336 of 2338
0 1 0



Target for Six months time: 5572.53p

sounds good to me, but so would 4990p