Author name: laprivate_admin

Rio Tinto (ASX:RIO) has made a very strong start to its 2023 financial year with a stellar performance in its most important business – the WA iron ore operations – where it reported a 16% lift in exports in the three months to March. It was the strongest ever quarterly performance by the company’s iron […]

Stocks dropped Thursday as Wall Street reacted to a mixed bag of corporate earnings, including disappointing results from Tesla. Investors also assessed fresh data that signalled a contracting economy. So far this earnings season, about 16 per cent of companies in the S&P 500 have reported results, with about 76 per cent beating EPS expectations,

The Australian sharemarket ended the week down 0.4 per cent after falling by 0.26 per cent at 7,342.90. This was led by losses in miners and banks. The fall was attributed to a build-up in port inventories, causing investor sentiment for iron ore to drop and resulting in a third straight day of plunging Chinese

Equatorial Resources (ASX:EQX) announced that it has entered into a conditional agreement to acquire the Nimba Alliance Iron Ore Project in West Africa. The Project was previously owned by an international consortium of major mining companies, including BHP Group Limited (ASX:BHP). Shares are trading 51.72 per cent higher at 22 cents RBR Group (ASX:RBR) announced

Seven out of eleven sectors are trading higher today, however, losses from Materials, including a 1.96 per cent fall from BHP (ASX:BHP), a 1.16 per cent fall from Fortescue Metals Group (ASX:FMG) and a 2.58 per cent drop from Rio Tinto (ASX:RIO) has been the main driver in today’s current losses. Flash PMI data for