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Market Wire (Free subscription) | 11/06/2009
PERTH, AUSTRALIA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- At last it looks like the Mongolian government will finally approve the plans of Ivanhoe Mines Limited (NYSE: IVN) (Vancouver, British Columbia) and Rio Tinto plc (NYSE: RTP) (London, England) to develop the huge Oyu Tolgoi copper/gold project. Or perhaps more correctly, Ivanhoe and Rio Tinto have finally...
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MarketIntelligenceCenter.com (Free subscription) | 11/05/2009
Rio Tinto PLC (NYSE: RTP) closed yesterday at $187.22. So far the stock has hit a 52-week low of $59.20 and 52-week high of $216.46. Rio Tinto PLC stock has been showing support around 183.08 and resistance in the 193.26 range. Technical indicators for the stock are Bullish and S&P gives RTP a neutral 3 STAR (out of 5) hold rating. RTP appears on the Investors Observer Momentum Plays list. For...
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BloggingStocks (Free subscription) | 10/28/2009
Filed under: Deals , Rio Tinto plc ADS (RTP) , Commodities Ivanhoe Mines (NYSE: IVN ) was broadly lower Wednesday after mining giant Rio Tinto (NYSE: RTP ) boosted its stake in the company from 9.9% to 19.7%. Rio Tinto raised its interest in Ivanhoe by purchasing 46.3 million common shares for $388 million. The proceeds will be used to help build and commission Ivanhoe's Oyu Tolgoi project in Mongolia....
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MarketIntelligenceCenter.com (Free subscription) | 10/26/2009
Rio Tinto PLC (NYSE: RTP) ended the last trading session at $195.21. So far the stock has hit a 52-week low of $59.20 and 52-week high of $216.46. Rio Tinto PLC stock has been showing support around 190.48 and resistance in the 202.72 range. Technical indicators for the stock are Bullish and S&P gives RTP a neutral 3 STAR (out of 5) hold rating. RTP appears on the Investors Observer Momentum Plays...
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Trade Africa (Free subscription) | 10/24/2009
by Christopher Bodeen A $7 billion mining deal between Guinea's repressive military regime and a little-known Chinese company underscores China's full-throttle rush into Africa and its willingness to deal with brutal and corrupt governments. The deal announced by the West African country's military junta offers the company, China International Fund, access to Guinea's bauxite and other minerals and...
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Forex Analytics (Free subscription) | 10/19/2009
British mining Rio Tinto PLC giant (RTP) and mining company BHP Billiton ltd (BHP, BLT.L, BBL) Thursday provided with updates one iron production undertaken mixed ore, which that proposed one June 5. More: continued here (c)Autor: Forex Analytics Blog: earn money with Forex convert this post to pdf.Post from: (c)Autor: Forex Analytics Rio Tinto, BHP Billiton, [...] Post from: (c)Autor: Forex Analytics...
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atHome Top Story (Free subscription) | 10/06/2009
After years of delays and setbacks, Ivanhoe Mines said Monday it and strategic partner Rio Tinto PLC finally will ink a deal with the Mongolian government to develop its key Oyu Tolgoi copper-gold project.
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BloggingStocks (Free subscription) | 10/02/2009
Filed under: Analyst reports , Analyst upgrades and downgrades , Apple Inc (AAPL) , General Electric (GE) , Nokia Corp. (NOK) , Citigroup Inc. (C) , Bank of America (BAC) , Comcast Cl'A' (CMCSA) , Analyst initiations , Rio Tinto plc ADS (RTP) , E*TRADE (ETFC) , U.S. Bancorp (USB) Analyst upgrades: UBS upgraded Apple (NASDAQ: AAPL ) to Buy from Neutral and raised its target to $265 from $170, citing...
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SeekingAlpha.com (Free subscription) | 09/24/2009
Zacks.com submits: Early this week, Vale (VALE ) acquired Corumbá iron ore mining operations from Rio Tinto Plc ( RTP ) for $750 million in cash. It was the part of a larger transaction that included the sale of a potash project and certain exploration assets in Canada. The potash deal closed in February for $850 million. Management is expected to benefit from potential synergies, through augmented...
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Climateer Investing (Free subscription) | 09/22/2009
We left part I with Mr. Immelt saying: The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a key partner […] I think this environment presents an opportunity of a lifetime.... Here's the headline story from Bloomberg: General Electric Co. and BP Plc are demanding governments...
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Market Watch (Free subscription) | 09/21/2009
TEL AVIV (MarketWatch) -- Rio Tinto Plc, the UK mining giant, said it closed the sale of its Corumba iron-ore mine in Brazil and associated assets to Vale SA for $750 million cash. The deal was announced Jan. 30. It was part of a larger transaction that included the sale of a potash project and certain exploration assets in Canada. The potash deal closed in February for $850 million, Rio Tinto said...
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Market Watch (Free subscription) | 09/17/2009
NEW YORK (MarketWatch) -- Bemis Co. said Thursday that it received a request late Wednesday from the Justice Department for more information related to its proposed purchase of the Food Americas operations of Alcan Packaging from Rio Tinto plc . The Neenah, Wisc.-based packaging company said it still expects the $1.2 billion deal, which was announced in early July, to close by the end of the year....
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Business Wire (Free subscription) | 09/17/2009
NEENAH, Wis.--(BUSINESS WIRE)--Bemis Company, Inc. (NYSE: BMS) today announced that late yesterday it received a request for additional information and documentary material, often referred to as a “Second Request,” from the United States Department of Justice (DOJ) in connection with its Hart-Scott-Rodino regulatory review of Bemis’ proposed acquisition of the Food Americas operations...