Rio Tinto Slashes Final Dividend.
Rio Tinto RT claims, after slashing its final dividend by 21% that at least its balance sheet is robust and that it enters 2017 in good shape. Basic earnings per share moved from 2015’s loss of 47.5 cents per share to a positive 256.9 cents. Consolidated sales revenue for the year fell by $1billion to […]
Brand CEO Alan Green discussing May Brexit, Andalas Energy (ADL), Rio Tinto (RIO) & Advanced Oncotherapy (AVO) on TipTV
Brand CEO Alan Green discusses May Brexit, Andalas Energy (ADL), Rio Tinto (RIO) & Advanced Oncotherapy (AVO) with Zak Mir on TipTV
Markets could continue to rise anyway irrespective of referendum result – Brand Communications
Alan Green, CEO of Brand Communications is interviewed by Mike Ingram in the TipTV VIP area at the Master Investor show. Pointing to an impressive recovery in mining stocks in last couple of months, Green said rally in heavyweight stocks like Anglo American (AAL), Rio Tinto (RIO), and BHP Billiton (BLT) were also igniting small […]
Only Miners Buy Mining Machinery – Are Boom Times Returning
On Wednesday, after a one day leap of 4%, iron ore rose to a 10 month high of $64.30 per tonne making a rise of 50% since the beginning of the year and nearly 75% since the mid December lows. Coking coal is not a glamour commodity by any means but on Wednesday that too […]
Rio Tinto – The First Green Shoots of a Mining Recovery ?
Rio Tinto RIO The first green shoots of a recovery in mining may have been seen in RIO’s first quarter with iron ore shipments up by 11% and global iron ore production up by 13% on a year ago. Bauxite production also rose by 6% and aluminium by 10%. Mined copper was down 2% on the […]
Alan Green discusses IMC Exploration (IMCP), Andalas Energy (ADL) & more on VOX Markets podcast.
Brand CEO Alan Green discusses IMC Exploration (IMCP), Andalas Energy & Power (ADL), plus Anglo American (AAL) and Rio Tinto (RIO) with Justin Waite on the VOX Markets podcast. The interview is 19 minutes 40 seconds in. Click here to listen.
Why The Panic ? Ask Ye Not.
This year copper has fallen a further 17%. Last week it traded at $2.30 per lb. having fallen 5% in just two weeks. Poor German manufacturing data led to a fall of 3.1% in one day alone .But things are changing. Chinas manufacturing index has risen off its August lows. This year supply and demand […]
Mayhem Amongs The Miners (2)
Question – does it make sense for the worlds giant mining companies to be ramping up production when metal prices are in freefall. The answer must surely be – of course not – so why are they doing it ? In iron ore Rio Tinto and BHP Billiton have increased production so much that they have […]
Mayhem Amongst The Miners As Iron & Steel Prices collapse
Steel prices on the Shanghai futures index fell 5% in a single session yesterday, leading to a further 3.9% fall in iron ore prices. A knock on effect was felt on the worlds stock markets as mining shares followed suit and billions were knocked off the value of the four big majors, with more still […]