Rio Tinto Share Discussion Threads

[waldron] 29/5/2020 17:40

i have been looking back over the last couple of years or so to determine boxes regarding the share price channels


Will use the following boxes to chart our RIOs Share Price success



3000 to 3200p
3200 to 3400p
3400 to 3600p
3600 to 3800p
3800 to 4000p
4000 to 4200p
4200 to 4400p$$$$$$$$$$$$$$$ we are here $$$$$$$$$$$
4400 to 4600p
4600 to 4800p
4800 to 5000p$$$$$$$$$$$$$$$ we were here$$$$$$$$$$$ with Christhs Wish at 4900p
5000 to 5200p
5200 to 5400p

5400 to 5600p

5600 to 5800p$$$$$$$$$$$$$ TARGET FOR DECEMBER END 2020$$$$$$$$$$$$



December 2019 ends with RIO being in the 4400 to 4600 BOX at 4503p

january 2020 ends in the 4000 to 4200p BOX at 4084p

FEBRUARY ENDS AT 3608p just in the 3600 to 3800p BOX

March ends giving us 3718.50p in the 3600 to 3800p BOX

April ends with 3684.50p in the 3600 to 3800p Box still

SO THE MONTH OF May ends at 4313p in the 4200 to 4400p BOX

[waldron] 29/5/2020 17:21

Iron Ore 92.54 + 0.49(0.53%)
Gold COMEX 1,751.10 +1.14%
Silver COMEX 18.42 +2.93%
Platinum NYMEX 874.10 +1.29%
Copper COMEX 2.42 +0.66%
Brent Crude Oil NYMEX 35.82 -0.67%
Gasoline NYMEX 1.03 -0.21%
Natural Gas NYMEX 1.77 -2.80%
WTI 33.473 USD -0.04%

FTSE 100
6,076.6 -2.29%
Dow Jones
25,221.66 -0.70%
CAC 40
4,695.44 -1.59%
SBF 120
3,710.32 -1.58%
Euro STOXX 50
3,050.2 -1.67%
DAX
11,586.85 -1.65%
Ftse Mib
18,206.97 -0.79%



Rio Tinto
4,313 +0.57%



Bhp
1,581.2 -0.54%



Anglo American
1,700.6 -0.67%



Glencore
149.82 -4.72%

[waldron] 29/5/2020 16:07

Stocks extend losses ahead of Trump China news conference, Dow down 200 points

Published Thu, May 28 20206:01 PM EDT

Updated 9 min ago

Fred Imbert
@foimbert

[waldron] 29/5/2020 14:35

Dow slides 100 points ahead of Trump China news conference, still headed for positive week

Published Thu, May 28 20206:01 PM EDT


Updated Moments Ago

Fred Imbert

[waldron] 29/5/2020 13:43

cheers ted

have a great weekend

but do be careful

viva la divi

[podgyted] 29/5/2020 07:38

Rio up 0.9% in Oz.

Good weekend all - looks like its going to be a good one.

[waldron] 29/5/2020 07:19

European markets set to break winning streak with U.S.-China tensions escalating

Published Fri, May 29 20202:12 AM EDT

Elliot Smith
@ElliotSmithCNBC

Key Points

U.S. President Donald Trump is expected to hold a press conference Friday “on China” and markets are expecting a further souring of relations between the world’s foremost economic superpowers.

France is set to enter the second phase of its coronavirus lockdown easing with restaurants, bars and cafes to reopen from June 2.

Renault has launched talks with unions over a mass restructure of its French factory operations, which would see manufacturing cease at several plants as the carmaker looks to axe 15,000 jobs worldwide.

European markets are heading for a lower open on Friday as escalating tensions between the U.S. and China push back on the week’s positive sentiment amid the reopening of economies across the continent.

Britain’s FTSE 100 is seen around 36 points lower at 6,183, Germany’s DAX is expected to fall by around 97 points to 11,684 and France’s CAC 40 is set to retreat by around 34 points to 4,736, according to IG data.

[poikka] 28/5/2020 18:30

Not bad news for miners, although not as good as the previous spending spree.

"China has pledged a package of 4 trillion yuan (US$559 billion) worth of cost cuts for the country’s struggling factories and merchants in 2020, the largest economic rescue plan in its history, in an enhanced effort to save jobs that were put at risk by the coronavirus outbreak, Premier Li Keqiang confirmed on Thursday.

The combined cuts in business costs, which include tax exemptions, lower bank interest rates and waived contributions to social welfare funds as well as reduced prices for utilities such as electricity, will be carried out on top of 2 trillion yuan in additional fiscal spending and government bond issuances.

In contrast to the 4 trillion-yuan stimulus package China issued in 2008 in response to the global financial crisis, which focused on debt-fuelled state spending and left the country with a large overhang of debt, Li said on the final day of the delayed National People’s Congress (NPC) that the new round of pro-growth measures would focus on “ensuring employment, people’s livelihoods and [helping] market entities”.

“We have been saying that we won’t flood the market [with excessive liquidity]. It is still the policy,” Li said. “But extraordinary times call for extraordinary efforts. We are now providing water so that the fish can survive – fish will die without enough water, but there will be bubbles if we provide too much water.”

If our targets of protecting jobs, livelihoods and market entities can be achieved, we’ll be able to achieve a positive economic growth rate in 2020
Li Keqiang

In addition, Li said Beijing has many fiscal, financial and social security policies in reserve, and it will roll out additional policy support “without hesitation”."

[waldron] 28/5/2020 17:16

Iron Ore 92.05 +0.24(0.26%)
Gold COMEX 1,737.00 +0.59%
Silver COMEX 18.02 +1.45%
Platinum NYMEX 860.20 -2.04%
Copper COMEX 2.40 +0.82%
Brent Crude Oil NYMEX 35.77 +0.90%
Gasoline NYMEX 1.02 +0.28%
Natural Gas NYMEX 1.85 -1.49%
WTI 33.236 USD +4.62%


FTSE 100
6,218.79 +1.21%
Dow Jones
25,669.95 +0.48%
CAC 40
4,771.39 +1.76%
SBF 120
3,769.72 +1.63%
Euro STOXX 50
3,094.47 +1.54%
DAX
11,781.13 +1.06%
Ftse Mib
18,325.38 +2.32%



Rio Tinto
4,288.5 +0.69%



Bhp
1,589.8 +1.15%


Anglo American
1,712 +2.50%



Glencore
157.24 +0.43%

[waldron] 28/5/2020 16:52

Price (GBX) 4,288.50 Var % (+/-) +0.69% (Up +29.50
)
High 4,317.50 Low 4,255.00

Volume 2,783,988 Last close 4,288.50 on 28-May-2020

Bid 4,294.50 Offer 4,296.50

Trading status Closing Price Crossing Special conditions NONE

[waldron] 28/5/2020 16:29

To upset chris, it seems that the 4286.50p resistence still comes into play apparently




BUT THIS EVE AND CONFIRMED FRIDAY EVE CHRIS MIGHT HOWEVER GET HIS WISH OF 4300p

[podgyted] 28/5/2020 15:49

Ferrexpo issued an AGM statement at 14:40:-

"Below is a trading update which would usually be made at the AGM:



· Year to date 2020 pellet production from own ore up 8.8% to 3.8 million tonnes compared to 3.5 million tonnes for the same period of 2019



· Record pellet production from own ore in April 2020 of 1.06 million tonnes

· Year to date 2020 sales increased by 28% to 4.1 million tonnes compared to 3.2 million tonnes for the same period of 2019

· The Group expects a further reduction in pellet stocks in the remainder of 2Q 2020

· Ferrexpo continues to benefit from lower energy prices which have reduced production and logistics costs

· We continue to take active measures to protect our workforce and local communities against the impact of the COVID-19 virus"

Demand for iron ore seems good.

[the grumpy old men] 28/5/2020 14:26

LAST | 9:14:49 AM EDT

Dow set to rise more than 200 points, heads for 3-day winning streak

[waldron] 28/5/2020 06:53

Dow futures up more than 100 points after blue-chip index rallies back above 25,000

Published Wed, May 27 20206:05 PM EDT

Updated 38 min ago

Thomas Franck
@tomwfranck

[waldron] 28/5/2020 06:46

European markets head for higher open as U.S.-China dispute continues

Published Thu, May 28 20201:05 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

London’s FTSE is seen opening 73 points higher at 6,208, Germany’s DAX is seen 146 points higher at 11,800, France’s CAC 40 is seen 58 points higher at 4,737 and Italy’s FTSE MIB is expected to open up 288 points at 18,089, according to IG.

Investors will be keeping an eye on developments in U.S.-China tensions, with trade, the coronavirus pandemic and now Hong Kong a focus in the dispute.

[waldron] 27/5/2020 17:11

Iron Ore 91.81 +0.17(0.19%)
Gold COMEX 1,713.10 -1.89%
Silver COMEX 17.50 -0.74%
Platinum NYMEX 874.20 +0.10%
Copper COMEX 2.37 -1.70%
Brent Crude Oil NYMEX 35.40 -3.65%
Gasoline NYMEX 1.02 -4.43%
Natural Gas NYMEX 1.92 -0.72%
WTI 32.779 USD -3.74%

FTSE 100
6,144.25 +1.26%
Dow Jones
25,186.22 +0.76%
CAC 40
4,688.74 +1.79%
SBF 120
3,709.25 +1.52%
Euro STOXX 50
3,047.46 +1.37%
DAX
11,657.69 +1.33%
Ftse Mib
17,879.23 +0.11%


Rio Tinto
4,259 +1.90%



Bhp
1,571.8 +1.52%



Anglo American
1,670.2 +3.07%



Glencore
156.56 +2.26%

[grupo guitarlumber] 27/5/2020 11:42

and of course

calmtrader
27 May '20 - 10:34 - 3752 of 3753
0 0 0
Anglesey Mining(AYM)

ChronosPlutus
27 May '20 - 07:00 - 3749 of 3754
0 0 0
Has anyone got any junior miner stock picks that are in development and will be transitioning to production over the next couple of years?

My pick is MYL (Myanmar Metals) listed on the Australian Stock Exchange (ASX)

[grupo guitarlumber] 27/5/2020 11:39

U.S. Stock Futures Extend Rally
Print
Alert

By Frances Yoon and Anna Isaac

U.S. stock futures and European shares rose Wednesday on optimism that economic activity is gathering steam and authorities may offer more stimulus to bolster the recovery.

Futures tied to the S&P 500 rose 1.2%, suggesting that the gauge's 1.2% rally on Tuesday may be extended after the New York opening bell. European stocks also ticked higher, with the pan-continental Stoxx Europe 600 advancing almost 1%.

Investors are cheering signs that the White House and Congress are considering more measures to blunt the impact of historic levels of unemployment on the economy. The Trump administration is examining proposals to provide cash incentives to encourage unemployed Americans to return to work, a top economic adviser said in an interview on Fox News.

European authorities are also likely to step up stimulus measures, with the European Central Bank probably boosting its bond-buying programs and top officials working toward an agreement on a recovery fund, according to Florian Hense, an economist at Berenberg Bank. The European Commission on ednesday is likely to propose an almost 1 trillion euro ($1.1 trillion) aid package that builds on a suggested plan from Germany and France to support parts of the region that have been hardest hit, he estimated in a note to clients.

"U.S.-China tension has taken a back seat," said Edward Park, deputy chief investment officer at Brooks Macdonald. "A lack of major escalation means markets are more focused on central bank interventions, the levels of liquidity on offer, and economic recovery as countries emerge from lockdowns."

In the bond market, the yield on the benchmark 10-year U.S. Treasury was relatively flat at 0.697%.

Among European stocks, car makers were some of the biggest gainers. French President Emmanuel Macron on Tuesday evening said his government planned to spend billions of euros to prop up the country's auto industry amid a collapse in car purchases caused by the coronavirus crisis on Tuesday evening. Renault rose 10.7% in Paris, while Peugeot climbed 6%.

"It's the biggest automotive intervention in history," said Demian Flowers, head of automotive research at Commerzbank. But the impact on stocks could be short-lived, based on the experience of 2009, Mr. Flowers said. Incentive programs for consumers can be temporarily effective, bringing forward purchases rather than building sustained demand.

The main gauge for U.S. crude-oil prices edged down 0.5% to $34.20 a barrel, after rising for seven of the past eight sessions. Russian government officials have signaled that the country may hold off on committing to any extended production cuts ahead of a June meeting among major oil exporters, strategists at ING wrote in a note to clients.

In Asia, the main equity benchmarks reflected mixed sentiment by the close of trading. Japan's Nikkei 225 gained 0.7%, while Australia's S&P/ASX 200 was little changed. China's Shanghai Composite drifted 0.3% lower.

Investors are buying back assets that they sold off at the height of the pandemic, according to Steve Englander, head of North America macro strategy and Group of 10 currencies at Standard Chartered Bank.

"There is some confidence in markets that the worst has passed with the disease and that a worst-case scenario -- where, for example, we are locked up for six months -- is now assigned a lower probability," Mr. Englander said.

But financial markets are still fragile, said Daniel Gerard, senior global multiasset strategist at State Street Global Markets. Investors are watching developments on issues such as the pandemic, including prospects for vaccines, and U.S.-China relations, he said.

"It's hard enough in this pandemic to get trade going on because of an uneven recovery," Mr. Gerard said. "If we add complications of the trade war, it will delay a recovery."

The prospect of renewed unrest in Hong Kong is adding to growth concerns for some heavyweight components of the city's Hang Seng, such as financial stocks and developers, according to Mr. Gerard. The index ended the day down almost 0.4%.

Write to Frances Yoon at [e-mail] and Anna Isaac at [e-mail]



(END) Dow Jones Newswires

May 27, 2020 06:03 ET (10:03 GMT)

[calmtrader] 27/5/2020 10:34

Anglesey Mining(AYM)

[christh] 27/5/2020 09:32

Is it going to test £43 today?

Possibly >>>>>>>>>>>Most likely

[podgyted] 27/5/2020 07:16

Rio currently down 3% in Oz.

[chronosplutus] 27/5/2020 07:00

Has anyone got any junior miner stock picks that are in development and will be transitioning to production over the next couple of years?

My pick is MYL (Myanmar Metals) listed on the Australian Stock Exchange (ASX)


Any decent junior miners in development that are listed on the LSE?