Chile has taken a tiny, but symbolic step towards nationalising some of the biggest copper and lithium mines in the world – a move, that if it ever happened, would damage the likes of BHP and Rio Tinto, directly, while boosting them and other Australian companies mining both metals, and...
looking for some advice
Got Rio @ $56.2 (thinking of holding)
can anyone give me some advice on these? should i hold or sell them? looking at short team like next month or 2, or any idea when these will go back up, specially NCM, thanks
Hey guys, just joined up looking to find out a few things about the stock market.
been reading the business section of the australian lately and there has been a few articles in there that have left me with questions
The article states that RIO has lesser production costs involved then BHP...
I got out of them in June, and now wish I didn't... Does anyone think they will fare better than the big banks in the next 12 months - accounting for dividends - do the miners have more upside momentum? Knowing my luck, they'lk probably start tanking as soon as they buy them! :( .....
I was just wondering, with the revelation of massive corruption in the fe business in China what reprecussions it will have on the smaller fe producers in Oz.
From what I can understand some of the smaller steel mills in China had to pay "good deed" money to secure their supply of ore. Now...
I own BHP and think they will take over RIO. Can anyone give me a reason why I shouldn't sell my BHP shares then use the money to buy RIO ? At the moment the Ratio is about 2.6 but if BHP take over I'll get 3.4. That being the case I'll have more BHP shares than I do now.
BHP has just come out and said that by combining annually with Rio it will have $37 billion in synergies - this is the first article I can find anywhere on all the regular sites I watch - on this topic...
The latest episode of Chart TV is here. The bullishness in world stock markets continues to appear unabated with the US markets finally appearing to break out of their trading ranges and make recent highs.