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Stock Market & Financial Investment News

News Breaks
May 27, 2014
10:38 EDTRIOGuinea signs investment framework for iron ore project with Rio, Chinalco
The Government of Guinea and its partners, Rio Tinto, Chinalco and the IFC, signed the Investment Framework for blocks 3 and 4 of Simandou, the Project, which will be the largest combined iron ore and infrastructure project ever developed in Africa, providing Guinea with the opportunity to reap the benefits of its rich mineral wealth and transform its wider economy. The signing marks a significant milestone and provides the legal and commercial foundation for the project. It also allows the project to move towards realizing the opportunities it presents for Guinea and all the shareholders. Reference Link
News For RIO From The Last 14 Days
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November 28, 2014
07:15 EDTRIORio Tinto plans to maintain progressive dividend, Financial Times reports
Rio Tinto CEO Sam Walsh says the company has opted to keep raising dividends as it expects to generate strong cash flow over the next fire years, reports the Financial Times. Rio also said it would defer a decision on investing in Western Australia's Silvergrass mine until "at least the third quarter of 2015 at the earliest." Reference Link
06:30 EDTRIORio Tinto investing while BHP spinning off operations, WSJ reports
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November 26, 2014
18:24 EDTRIODominion Diamond reports approval for A-21 pipe at Diavik
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November 24, 2014
14:09 EDTRIORio buyout seen by influential banker as near inevitable, Bloomberg says
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13:30 EDTRIOBanker predicts Rio Tinto to be bought by Glencore, Bloomberg reports
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November 18, 2014
13:28 EDTRIOIron ore, steel stocks lower after iron ore prices, China home prices decline
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