Weekly Outlook: Miners Rio Tinto, Glencore and Antofagasta post results
Key events for wealth managers in the week beginning 17 February
Rio Tinto
-
-
FundCalibre: Have investors missed the gold mining rally?
With the shares price of gold miners surging recently, Darius McDermott asks whether the rally has come and gone, or is only getting started
-
UK companies drop special dividends by 79% in 2023
Special dividends fell by more than three quarters in 2023, but bank payouts ‘more than offset cuts’
-
Sexual harassment report sees Abrdn abstain from approving Rio Tinto accounts
Sarasin & Partners also objected to the mining giant’s lack of ESG disclosure
-
Hermes EOS targets VW and Rio Tinto on climate change and diversity
Volkswagen and Rio Tinto are among the firms Hermes EOS team will be targeting on issues like climate change, board diversity and executive pay ahead of this year’s AGM season.
-
Rio Tinto’s record $5.2bn dividend gets muted reception
Still reeling from the global sell-off, markets had a more muted response to Rio Tinto’s full-year results, despite the group posting a surge in profits and a record $5.2bn dividend.
-
Rio Tinto hit with record FCA fine and US fraud charges
Rio Tinto has been hit with a record FCA fine and fraud charges in the US after allegedly inflating the price of coal it acquired in Mozambique in 2011.
-
Shares in Rio Tinto down despite record dividend offering
Rio Tinto has today posted a ‘strong’ set of interim results, boosted by the firm declaring its highest interim dividend of 110 US cents per share.
-
Hermes blasts Rio Tinto for lack of female directors
Ahead of Rio Tinto’s AGM, Hermes Investment Management recommends voting against the re-election of chair of the mining company’s nominations committee, Jan du Plessis.
-
Rio Tinto rides commodities recovery to deliver 12% earnings climb
Rio Tinto delivered a strong set of final results, bolstered by the recovery in the sector and changes to its dividend and business strategy.
-
Rio’s Q4 numbers boost dividend hike expectations
Rio Tinto reported solid production results for the fourth quarter and full year 2016, boosting expectations that the firm could reward investors in 2017.
-
Rio’s free cash flow fixation underlines broader mining challenge
“Boring is the new exciting” is how Rio Tinto CFO Chris Lynch characterised the diversified miner’s continued focus on improving productivity and better leveraging its existing asset base.