Articles Tagged "NYSE:RIO"

Big Iron Ore Producers Debate Supply-Demand Balance

Iron – Industry giants' battle over the iron ore supply-demand balance continued this week. The most recent development came when Rio Tinto CEO Sam Walsh described the idea of boosting prices via a production cap "hare brained."

Morgan Stanley Copper Price Outlook

Copper – The copper price has started to bounce back from its drastic fall at the start of the year, climbing more than 6 percent over the past month. However, Morgan Stanley has cut its 2015 price forecast for the metal by roughly 16 percent, to $5,945 per tonne, on the back of lackluster demand from China.

Sandstorm Branches Out with Acquisition of Diavik Stream

Gold – Sandstorm announced that it's acquired a 1-percent gross proceeds royalty over property in Lac de Gras, which is located in Canada's Northwest Territories. The royalty covers land that constitutes Rio Tinto and Dominion Diamond's Diavik diamond mine.

The Other Side of Low Copper Prices: How the Market Affects Mineworkers

Copper – The red metal is commonly referred to as Dr. Copper, and most are aware of how closely it's tied to the economy. However, copper also affects the economy in another, less-talked-about way — it creates jobs for miners in countries around the world, and with lower copper prices, jobs in some of those areas might be at risk.