Rio Tinto plc
NYSE: RIO
$61.15
+$0.72 (+1.2%)
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RIO Articles
Consulting firm Pricewaterhouse Coopers has released its annual review of the mining industry, claiming that “the financial results for the Top 40 [companies] were spectacular.” That’s pretty...
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Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX). Winmill told us he believes that gold will reach $1,700/ounce in 2011 and he also...
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A respected gold fund manager still sees gold going to $1,700.00 this year, with a likely year-end price around $1,600.00 per ounce. 24/7 Wall St. got a chance to interview Tom Winmill, portfolio...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Alkermes, Inc. (NASDAQ: ALKS) Raised to Outperform at Leerink Swann....
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Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of $1.5 billion in...
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Today’s commodities news starts off with new highs for aluminum, and still falling silver prices, low numbers on corn plantings, and lowering of the outlook for cotton. As prices for some...
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Arch Coal, Inc. (NYSE: ACI) has finally pulled the trigger on an acquisition that has probably been in the works for months. The coal miner has announced an all-cash acquisition of International Coal...
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Today’s report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee beans are...
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Our commodities coverage today looks at the bounce in prices following yesterday’s across-the-board drop and reports on a review of Monsanto’s best-selling herbicide. We also note some positive...
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Time now for our daily look at commodity prices and news. Copper prices rose to their highest level in nearly three weeks as the estimated cost to rebuild quake-devastated areas of Japan have come in...
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It’s 4:00 pm and time for our daily look at commodity prices and news. Today’s biggest upside move in ag products came in cotton, up about 3.5%, while wool was up about 2.5%. The biggest downside...
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Following the disaster in Japan, and particularly the explosions in one one of the country’s 53 nuclear power generating reactors, the reactions of other nations with nuclear power plants either...
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Some of the largest steelmakers in the world have been hoping to see a fall in the price of iron ore, but such a decline does not appear to be on the horizon. A combination of a new pricing scheme,...
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Time to get ready for another chase scene in the fertilizer business. Privately held agricultural giant Cargill Inc. plans to sell its 64% stake in Mosaic Co. (NYSE: MOS) for about $24.3 billion. The...
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The demand for metals and minerals of all kinds is pushing up sales and profits in the makers of the equipment used to extract the commodities. Joy Global, Inc. (NASDAQ: JOYG) reported earnings for...
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