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Stock Market & Financial Investment News

News Breaks
March 4, 2013
07:14 EDTRIO, BHP, VALEIron ore sales could decline 24% this year, Bloomberg reports
Iron ore may slide 24% by year’s end as miners expand production of the raw material and Chinese restocking demand slows, according to Deutsche Bank AG (DB), reports Bloomberg .Reference Link
News For RIO;BHP;VALE From The Last 14 Days
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May 20, 2013
07:58 EDTVALE, BHP, RIOBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
May 14, 2013
13:10 EDTBHPMosaic would resume potash expansion if BHP cancels Jansen project, Reuters says
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09:38 EDTRIORio Tinto downgraded to Equal Weight from Overweight at Barclays
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07:29 EDTRIO, VALE, BHPBofA/Merrill to host a conference
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05:39 EDTBHPNew BHP CEO to significantly cut back capital expenditure, WSJ reports
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May 10, 2013
05:53 EDTRIOCarlyle Group bids on stake Rio Tinto Australian copper mine, Reuters reports
The Carlyle Group (CG) submitted a bid for Rio Tinto's (RIO) 80% stake in the Northparkes copper mine in Australia, sources say, reports Reuters. Analysts have suggested Rio Tinto could receive up to $1B for the mine. Reference Link
May 9, 2013
07:57 EDTRIORio Tinto CEO defends iron ore expansion criticized by holders, FT says
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07:12 EDTRIO, BHPMiners' asset sale attracts private equity, Bloomberg reports
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06:10 EDTBHPOn the Fly: Periodicals Wrap-Up
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May 8, 2013
07:11 EDTBHPBHP Billiton sees iron ore expanding faster than demand, Bloomberg reports
Global iron ore supplies will expand faster than demand over the long term, lowering prices and reducing volatility of the raw material used to make steel, says BHP Billiton, reports Bloomberg.Reference Link
06:05 EDTBHPOn the Fly: Periodicals Wrap-Up
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05:47 EDTRIORio Tinto sees record iron sales to China, WSJ reports
Rio Tinto (RIO) expects its iron ore sales to China to rise to a record this year due to the country's increasing demand for steel, according to Alan Smith, president of Rio Tinto Iron Ore Asia, reports the Wall Street Journal. He said China's demand for steel is expected to rise at a compound annual growth rate of 3% in the next decade.Reference Link

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