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Rio Tinto PLC

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  • RESEARCH ALERT-HSBC cuts Antofagasta to underweight Friday, 12 Oct 2012 | 2:30 AM ET

    Oct 12-:* HSBC cuts Antofagasta to underweight from neutral* HSBC cuts Anglo to neutral from overweight. *HSBC cuts Rio Tinto target price to 3220 p from 4320 p; rating. Reuters Station users, click. 1580.

  • CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • Australia shares end up 0.1 pct as miners gain Friday, 12 Oct 2012 | 1:28 AM ET

    CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. Global miner BHP Billiton Ltd. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • *Barclays raises African Barrick Gold Plc price target to 440 P from. *Barclays cuts Anglo American PLC price target to 1970 P from 2300 P;. rating underweight* Barclays cuts Bumi PLC price target to 337 P from 430 P; rating overweight.

  • CANBERRA, Oct 12- Australian shares gained more than 0.2 percent on Friday morning, recovering from two sessions of losses, as a rebound in metal prices lifted index-heavy mining stocks. Global miner BHP Billiton Ltd gained 0.8 percent to A $33.50 and major rival Rio Tinto Ltd rose more than 1.6 percent to A $56.31.

  • CANBERRA, Oct 12- Australian shares inched up 0.1 percent early on Friday as a rebound in metal prices lifted index-heavy mining stocks. Global miner BHP Billiton Ltd gained 0.5 percent and major rival Rio Tinto Ltd rose more than 1 percent. New Zealand's benchmark NZX 50 index.

  • *Canaccord Genuity cuts Antofagasta and Kazakhmys to hold. *Canaccord Genuity cuts Central Asia Metals target price to 215 P from. *Canaccord Genuity cuts Orsu Metals target price to 13 P from 14 P;.

  • *Alison kutler joins Visa as head of government policy for the americas. *Says previously kutler was vice president, external affairs at rio tinto,. *Source text* Further company coverage ().

  • Rio Tinto seeks bids for French aluminium plant Wednesday, 10 Oct 2012 | 1:03 PM ET

    *Rio Tinto unit selling one of two French plants. *Says sale triggered by expiry of power supply deal. PARIS, Oct 10- Rio Tinto is pushing ahead with plans to sell a century-old aluminium plant in the Alps of southeast France as the global mining group continues its retreat from a struggling aluminium sector.

  • NEW DELHI, Oct 10- Tata Steel's Europe unit will receive the first iron ore shipment from its Benga project in Mozambique by end-October, a top official said, a first step towards addressing the cost volatility affecting its European operations.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Oct 10- The job losses and cost-cutting at Australia's major iron ore producers show they are taking to heart the adage to never let a good crisis go to waste.

  • *Rio cautious on impact of China stimulus. *Optimistic on China power supply for Mongolia copper mine. LONDON, Oct 9- Global miner Rio Tinto said on Tuesday it would step up cost cuts because of an uncertain near-term outlook that includes lower growth this year in China, the world's largest consumer of key commodities.

  • BRIEF-Rio Tinto CFO - there may be asset sales to come Tuesday, 9 Oct 2012 | 10:12 AM ET

    LONDON, Oct 9- Rio Tinto PLC:.

  • RESEARCH ALERT-UBS raises Rio Tinto PLC price target Tuesday, 9 Oct 2012 | 4:18 AM ET

    Oct 9- Rio Tinto PLC:. *UBS raises Rio Tinto PLC price target to 4700 p from 4600 p; rating buy. Reuters Station users, click. 1580.

  • *Rio cautious on impact of China stimulus. *Optimistic on China power supply for Mongolia copper mine. LONDON, Oct 9- Global miner Rio Tinto cut its growth forecast for China and said it was stepping up efforts to cut costs, having already slashed $500 million, faced with an uncertain global outlook.

  • LONDON, Oct 9- Rio Tinto said on Tuesday it saw production growth ahead for its copper arm and remained "optimistic" on the outcome of talks with China on a power deal for its key Oyu Tolgoi copper-gold project, but the miner warned it was cautious on the broader economic outlook.

  • Iron ore price fall speeds up Rio Tinto cost cuts Thursday, 4 Oct 2012 | 10:15 AM ET

    *Rio cuts jobs in London, Australia. Australia's Rio Tinto- which gets some 80 percent of its profits from iron ore and is the diversified miner most exposed to fluctuations in the steelmaking ingredient- is cutting jobs in London and Melbourne, a source with knowledge of the situation told Reuters.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and Fortescue Metals Group Ltd won a High Court appeal to overturn a conviction for misleading investors, allowing the billionaire to return as an executive director to the company he founded.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and Fortescue Metals Group Ltd won a High Court appeal to overturn a conviction for misleading investors, allowing the billionaire to return as an executive director to the company he founded.

  • CANBERRA, Oct 2- Australian iron ore magnate Andrew Forrest and his Fortescue Metals Group have won a High Court challenge over a conviction for misleading investors, opening the way for Forrest to return as an executive director of the company he founded.