Rio Tinto

Big Miners and How Far Ahead Do You Look?

This article represents the views of its author and not necessarily those of ShareSoc. The last couple of days have seen a jump in the share prices of big miners such as Rio Tinto (RIO) and BHP (BHP). They have risen as much as 5% over the last two days, after falling substantially from their peaks at the start of June. The price of BHP shares has been affected however by the free distribution of shares in Woodside Energy (WDS) on the ...

Victoria and Downing One VCT Annual Reports, and Rio Tinto Mea Culpa

With it being all quiet on the financial front, with a lot of people on holiday, I had the time to read a couple of Annual Reports over the weekend. First came Victoria (VCP), a producer of flooring products (carpets and tiles) in which I have a relatively small holding. Chairman Geoff Wilding always has some interesting things to say and their Annual Report is an exemplary model of shareholder enlightenment. He commences with this statement: “There is an old Yiddish adage ...

Market Trends, Big Miners and Will the Music Stop?

Stock markets continue to rise. They seem to be ignoring the bad company results that are going to come out in the next few months. Although there are signs that the Covid-19 epidemic is weakening, some sectors such as hospitality are going to be in lock-down for some time. The economy is clearly going into recession with many employees being laid off. The lack of consumer spending, not just because some people have less money to spend, but because others are ...

Exchange Market Size in Stockopedia and BHP plus RIO

I noticed that the share prices of BHP Group (BHP) and Rio Tinto (RIO) jumped this morning – at least for these behemoths of the FTSE-100 they moved substantially...