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Stock Market & Financial Investment News

News Breaks
December 6, 2012
17:53 EDTRIO, HWDHarry Winston says Diavik Diamond Mine full-year target production 7.1M carats
Diavik Diamond Mine's full-year target production is expected to be approximately 7.1M carats from the mining of 2.1M tonnes of ore and the processing of 2.0M tonnes of ore. The decrease in carats from the original plan is primarily due to deferring the processing and recovery of lower value carats from the re-processed rejects in favour of processing underground ore containing higher valued carats. A new mine plan and budget for CY13 is under final review by Rio Tinto (RIO) and the company. The plan for CY13 foresees Diavik Diamond Mine production of approximately 6M carats from the mining and processing of approximately 1.6M tonnes of ore with a further 0.2M tonnes processed from stockpiled ore from CY12. Mining activities will be exclusively underground. Included in the estimated production for CY13 is approximately 0.6M carats from RPR and 0.1M carats from the improved recovery process for small diamonds.
News For HWD;RIO From The Last 14 Days
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January 21, 2015
06:06 EDTRIORio Tinto reports FY14 global iron ore shipments up 17% from FY13
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January 15, 2015
10:00 EDTRIOOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: American Campus (ACC) downgraded to Sell from Neutral at Goldman... Apple (AAPL) downgraded to Neutral from Buy at Mizuho... Archer Daniels (ADM) downgraded to Neutral from Buy at Goldman... Barrick Gold (ABX) downgraded to Underweight from Equal Weight at Barclays... CNOOC (CEO) downgraded to Underperform from Hold at Jefferies... CSC (CSC) downgraded to Underweight from Neutral at JPMorgan... Computer Programs (CPSI) downgraded to Market Perform from Outperform at William Blair... D.R. Horton (DHI) downgraded to Neutral from Buy at UBS... DDR Corp. (DDR) downgraded to Neutral from Overweight at JPMorgan... Dominion Diamond (DDC) downgraded to Equal Weight from Overweight at Barclays... EVERTEC (EVTC) downgraded to Neutral from Overweight at JPMorgan... Education Realty (EDR) downgraded to Sell from Neutral at Goldman... Franco-Nevada (FNV) downgraded to Underweight from Equal Weight at Barclays... General Cable (BGC) downgraded to Neutral from Buy at Longbow... Green Dot (GDOT) downgraded to Neutral from Overweight at JPMorgan... Greif (GEF) downgraded to Neutral from Buy at BofA/Merrill... Grupo Simec (SIM) downgraded to Neutral from Buy at Goldman... Hecla Mining (HL) downgraded to Hold from Buy at BB&T... Host Hotels (HST) downgraded to Hold from Buy at MLV & Co.... Ingredion (INGR) downgraded to Sell from Neutral at Goldman... Insulet (PODD) downgraded to Market Perform from Outperform at Raymond James... Johnson & Johnson (JNJ) downgraded to Sell from Neutral at Goldman... Magna (MGA) downgraded to Hold from Buy at TD Securities... Molson Coors (TAP) downgraded to Neutral from Buy at Goldman... Nuverra Environmental (NES) downgraded at Roth Capital... Omnicom (OMC) downgraded to Hold from Buy at Evercore ISI... PetroChina (PTR) downgraded to Underperform from Hold at Jefferies... Philip Morris (PM) downgraded to Sell from Neutral at Goldman... Precision Castparts (PCP) downgraded to Hold from Buy at KeyBanc... Rio Tinto (RIO) downgraded to Neutral from Outperform at Macquarie... STAG Industrial (STAG) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Equal Weight from Overweight at Barclays... Sinopec (SNP) downgraded to Underperform from Hold at Jefferies... Sky (SKYAY) downgraded to Neutral from Outperform at Exane BNP Paribas... Teledyne (TDY) downgraded to Underweight from Hold at KeyBanc... Woodward (WWD) downgraded to Underweight from Hold at KeyBanc... Xilinx (XLNX) downgraded to Equal Weight from Overweight at Barclays.
06:58 EDTRIORio Tinto downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Rio Tinto to Neutral based on relative valuation.
January 12, 2015
07:52 EDTRIORio Tinto sees La Arena Gold Mine production 210K-220K gold oz. in FY15
Rio Tinto forecasts its La Arena Gold Mine will produce between 210,000-220,000 ounces of gold in 2015 at adjusted operating costs as defined by the World Gold Council to be in the range of $570-$600 per ounce of gold sold. WGC All-in sustaining costs - including selling, general and administrative costs, exploration, and sustaining capital - are forecast to fall within a range of $730-$765 per ounce and WGC all-in costs within a range of $740-$775 per ounce for the year.
07:51 EDTRIORio Tinto reports La Arena Gold Mine produced, sold 57,908 gold oz. during Q4
Rio Alto Mining announced that its La Arena Gold Mine produced and sold 57,908 ounces of gold during the three months ended December 31, 2014. 222,255 ounces of gold were poured for the twelve months ended December 31, 2014 compared to guidance of 200,000 to 220,000 ounces for the year.

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