Rio Tinto Share Discussion Threads

[philanderer] 13/10/2022 11:09

Bank of America raises Rio Tinto price target to 7,000 (6,600) pence - 'buy'

Goldman Sachs raises Rio Tinto price target to 6,300 (5,700) pence - 'buy'

[spud] 13/10/2022 07:54

Uranium Energy to Buy Roughrider Project From Rio Tinto for $150 MillionSource: Dow Jones NewsBy Colin Kellaher Uranium Energy Corp. on Wednesday said it agreed to buy the Roughrider uranium development project in Canada from mining giant Rio Tinto PLC for $150 million in cash and stock.Uranium Energy said it will pay $80 million in cash and issue about 17.8 million shares valued at $70 million in exchange for the project, located in the Athabasca Basin in Saskatchewan.The company said it plans to fund the cash portion of the acquisition--which it expects to complete by the end of the month--through its current balance sheet, which has more than $173 million in cash and liquid assets.The deal would make Rio Tinto the third-largest shareholder of Uranium Energy, according to data from FactSet.Uranium Energy said Roughrider is a development-stage, conventional uranium project located near its existing Athabasca Basin properties. Roughrider was discovered in 2008 by Hathor Exploration Ltd., which was acquired by Rio Tinto in early 2012.spud

[sundial1] 11/10/2022 17:12

kid trying to kid the kider eggbacon markets that tight.do with the Chinese selling their dollar reserves.

[eggbaconandbubble] 11/10/2022 14:05

Strange! All the large mining shares spiked up about 1.30 today then fell back down again???

[eurofox] 11/10/2022 10:25

Sounds like they need to sell some

[philanderer] 11/10/2022 10:21

and another ;-)

Credit Suisse raises Rio Tinto price target to 5,800 (5,600) pence - 'outperform'

[j4ckthehat] 08/10/2022 19:33

https://m.dailyhunt.in/news/india/english/moneyco0581749434206-epaper-dh7a9fe6ff1e384d01b8c5d59183b9bde1/how+a+ban+on+russias+mining+giants+could+shake+the+metals+world-newsid-n429865802

[anhar] 07/10/2022 11:02

phil: Hold is code for Sell in brokerspeak. But they're all worthless guff anyway.

[spud] 06/10/2022 14:26

Barenburg looking to buy cheap Phil imo. spud

[philanderer] 06/10/2022 14:21

Berenberg cuts Rio Tinto price target to 4,000 (4,300) pence - 'sell

[philanderer] 05/10/2022 13:50

Deutsche Bank cuts Rio Tinto price target to 5,700 (5,800) pence - 'hold'

[mister md] 04/10/2022 10:59

see post 7778 ;-)

[tuftymatt] 04/10/2022 08:08

Back at 5000 😀👍🏻

[t 34] 03/10/2022 19:55

Adr(s) are flying in New York.

[eggbaconandbubble] 29/9/2022 13:50

As Erasmus said - "In the land of the blind the one-eyed man is king."

[montyhedge] 29/9/2022 11:20

All miners going to take off. Always one sector in a algorithm sell off, goes up.

[mister md] 29/9/2022 10:53

Nah, the train is heading for 5000p+ destination next ;-)

[spud] 28/9/2022 22:36

My final buy here will be at 4250p. Patience, I can wait. spud

[j4ckthehat] 28/9/2022 15:22

Doubled up on this for the divi, Gift

[spud] 27/9/2022 11:37

Rio Tinto to Start Underground Copper Mining at Kennecott in US

27/09/2022 9:43am
Dow Jones News



Tuesday 27 September 2022

By Michael Susin


Rio Tinto PLC said Tuesday that it has approved a $55 million investment to start underground mining and expand production at its Kennecott copper operations in Utah, United States.

The Anglo-Australian mining company said that it will initially focus on the Lower Commercial Skarn area, which is expected to deliver around 30,000 tons of mined coppers through the period to 2027.

The company said that the first ore is expected to be produced in early 2023, and full production to be achieved in the second half of the year.

The company added that feasibility studies are also being progressed to extend open pit mining beyond 2032.

spud

[philanderer] 22/9/2022 11:46

Nice dividend paid into the account this morning :-)

[hooops] 22/9/2022 10:34

Does anyone here expect Rtz to take over or JV the majority of central and south Finland ( Russian border) via Diamonds and gold

Off KDR (pinks Lahtojoki and Kuhmo Emerging diamond province) and CGNR Gold.
Didn't they obtain the Argyle mine of Ashton back in the day on the QT.

Recently Rtz has placed on care and repair Star diamonds in Canada and possibly a exit.
Odd as the diamond market are expected to boom over the next 8 years.

In favour of much richer pickings in Finland??


land PERMIT EXPECTED SOON AND RIO IN WITH A SHOUT?