Rio Tinto

Commodity ‘Boom’ Boosts Rio Tinto (RIO)

Commodity ‘Boom’ Boosts Rio Tinto (RIO)

Filed under: International Markets , Newsletters , Rio Tinto plc ADS (RTP) , Commodities , Stocks to Sell “London-based Rio Tinto ( RIO ) is one of the largest and most diversified mining companies in the world; ith the potential to reward shareholders with increased dividends and share buybacks, Rio is a buy for investors seeking exposure to booming commodity markets,” says Paul Tracy . The editor of High Yield International explains, “Rio’s operations are located in Australia, North and South America, South Africa, Europe and Indonesia. Its strategy is to concentrate on the development of large, high quality mineral deposits and become a low-cost producer for each commodity. Continue reading Commodity ‘Boom’ Boosts Rio Tinto (RIO) Commodity ‘Boom’ Boosts Rio Tinto (RIO) originally appeared on BloggingStocks on Fri, 11 Feb 2011 10:45:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Market Wrap-Up for Jan.24 (MCD, RSH, HAL, CLF, JCP, more)

Filed in ceo, dividend, downgrade, earnings, Gold Investing, lead, Lear, o, Rio Tinto, shares, upgrade by on January 24, 2011 0 Comments

Let me just start by saying it was a tough night trying to get to sleep after watching the Jets nearly make it all the way back from the hole they put themselves in against the Steelers yesterday. It was an exciting year, but once again the team falls short. One day, the Jets will win it all again (as will every team at some point). Good luck to the Steelers (sold this stock too early as I was a fan in my younger days – still enjoyed watching them win their first four Super Bowls – and Packers!) The Super Bowl should certainly be an outstanding match-up. In investing, you can always dig yourself out of a hole, as long as the hole doesn’t swallow up your entire portfolio. What I mean is you should never put all your eggs in one or two baskets. It’s easy to say “I should have just owned Stock XYZ” in hindsight. Unfortunately I have seen too many cases where investors pick the wrong “horse” or couple of “horses” to bet on — sometimes this practice is done in one’s 401k regarding their employer’s stock. How many millions were lost in stocks like Enron, Lucent, Nortel, etc, when these stocks tumbled and never bounced back? One thing is always for certain: companies’ fortunes change at one point or another, but if an investor doesn’t accept the fact it may be time to ring the register and sell, the inherent risk to one’s nest egg increases dramatically. Even if you take a decent-sized loss and don’t stick to my 25% off the 52-week high” checkpoint, you can easily recoup those losses by getting back to the investing basics and put your money to work in quality dividend-paying stocks over the next several years. It never makes sense to give up on the markets, despite the magnitude any correction has on your portfolio. I can’t stress enough that if you adopt a sell discipline for your portfolio, you will always have a portfolio that will be performing at or better than most money managers in the business today. Just before we take a look at today’s action, I just wanted to remind everyone to check out today’s new recommendations if you did not read the alert we sent out earlier. As we start another busy week of earnings, the markets got off to a solid start. Halliburton ( HAL ) and McDonald’s ( MCD ) closed with minors following both companies’ earnings reports. J.C. Penney ( JCP ) had a good day following some new board members coming on board, as speculation of a potential sale makes the rounds. On the flipside, Radioshack ( RSH ) shares got hurt on news the CEO will be stepping down in May. Commodity names are bouncing following the recent selling. Cliffs Natural Resources ( CLF ) and Rio Tinto ( RTP ) paced the gains. I wanted to go over some investing strategy one-liners that were highlighted on my friend and respected market-watcher Charles Kirk’s “Kirk Report”. Investing Strategy #1 – “Keep it…

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Top 3 Aluminum Stocks to Play Soaring Demand in China

Filed in alcoa, economy, Gold, Gold Market, lead, Rio Tinto, shares by on October 15, 2010 0 Comments
Top 3 Aluminum Stocks to Play Soaring Demand in China

Aluminum imports to China are expected to increase more than 25 times by 2015. You read that right… The Chinese are gearing up to devour aluminum on a scale previously unimaginable, boosting imports from 200,000 tons to over 5 million tons in five short years! And owning shares of companies that produce aluminum and aluminum-based products for export to China could leave a handful of perceptive investors juiced with heart-fluttering investment gains. Today, I’ll tell you about the top three public companies that are set to profit the most with projects and processing facilities in the two most important countries that export aluminum products to China. But first, I want clear up some common confusion about aluminum products… Investors are often confused by the differences between aluminum and alumina, and alumina and bauxite. Here’s exactly how it all breaks down: Bauxite A naturally occurring ore containing aluminum, oxygen, and hydrogen. Bauxite is the principal ore in the production of alumina. The bulk of world bauxite production (approximately 85%) is used as the feed stock in the production of alumina. Alumina A synthetically produced aluminum oxide that is derivative of bauxite. Over 90% of world’s alumina production is used as a starting material for the smelting of primary aluminum metal. Primary Aluminum A final aluminum metal product that is produced using synthetically produced alumina from naturally occurring bauxite. That means, primary aluminum is made from non-recycled materials. Secondary Aluminum Secondary aluminum is also a final aluminum metal product that is produced using recycled material from scrap. Aluminum is 100% recyclable without any loss of its natural qualities. Recycling aluminum requires only 5% of the energy used to produce primary aluminum from ore. The world’s most successful aluminum companies have established and manage the full production cycle — from the extraction of raw materials to the production of a final metal product. And it begins with controlling bauxite resources. The world’s resources of bauxite are spread around the world. There are only seven bauxite-rich areas: Western and Central Africa (mostly, Guinea), South America (Brazil, Venezuela, Suriname), the Caribbean (Jamaica), Oceania and Southern Asia (Australia, India), China, the Mediterranean (Greece, Turkey), and the Urals (Russia). Due to the limited supply of raw materials, the global aluminum industry has been consolidating for the past 20 years. And at this point, the main deposits of high-quality bauxites with high aluminum content are already divided up among the major players. These companies make up the largest producers of bauxite, manufacturers of alumina, and smelters of aluminum in the world; they’re at the helm of the global aluminum market. A handful of these specific companies could be getting ready to pay investors as… Aluminum imports to China are expected to jump 2,446% in five short years China is already the world’s largest producer and consumer of primary aluminum. But Texas-based Harbor Intelligence — the world’s leading authority on the global aluminum market — believes the booming Chinese economy will drive the demand for aluminum-based products skyrocketing between 2011 and 2015. In a recent report, Harbor Intelligence predicted China’s imports of primary aluminum may rise from 198,000 tons in 2011 to 5.04 million tons in 2015. Increased purchases by the world’s largest metals consumer may support an advance in global prices, specifically benefiting aluminum companies that produce aluminum products for export to China. Approximately 60% of China’s primary aluminum …

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The New American Palladium Eagle Bullion Coin

Filed in copper, Gold, Gold Eagle, Gold Market, platinum, Rio Tinto, shares, silver, ubs, upgrade by on October 1, 2010 0 Comments
The New American Palladium Eagle Bullion Coin

Palladium is getting ready to hit fever pitch. Soaring demand from the global auto industry and others could slingshot palladium prices into the stratosphere as global mine production falters and government sales disappear. And now, a new U.S. government proposal to make palladium more accessible to investors may double investment demand, taking further supplies off an already tight market. This means your final opportunity to establish a well-positioned investment in palladium is rapidly approaching. In just a minute, I’ll show you a few ways you can start investing today and reveal my #1 North American palladium stock for 2011. But first I want to tell you about one politician’s fight to create a new American Eagle bullion coin — and one public U.S. palladium company in particular that would substantially benefit. Advertisement The “War on American Retirement” EXPOSED While our nation’s eyes are fixed on Iraq and Afghanistan, Congress launches a hidden assault right here in the homeland … Against your IRAs and 401(k)s. You can surrender and lose everything – or make this “guerilla wealth” move and retire rich, with your assets intact . Click here to learn more The new palladium American Eagle bullion coin Recently introduced legislation in the U.S. calls for the production of a new American Eagle bullion coin to be minted in palladium. The U.S. Mint’s American Eagle bullion coins are already minted in gold, silver, and platinum. The addition of a palladium bullion coin would expand the American Eagle bullion coin program to cover all four precious metals, and provides a new entry point for precious metal investors. The difference between gold and platinum right now is about $350 an ounce; but the difference between gold and silver is about $1,280 an ounce. With palladium currently trading at about $570 an ounce, an American Palladium Eagle coin would offer precious metal investors a good price entry point between gold (~$1,300/oz) and silver (~$21/oz). Here’s how I see it breaking down: American Silver Eagle ~ $21 an ounce American Palladium Eagle? ~ $570 an ounce American Gold Eagle ~ $1,300 an ounce American Platinum Eagle ~ $1,650 an ounce The motion to produce the new bullion coin — label H.R. 6166 The American Eagle Palladium Bullion Coin Act of 2010 — was proposed by Montana-based Republican Denny Rehberg. According to the bill, the American Palladium Eagle would contain one troy ounce of .9995 fine palladium and carry a legal tender face value of $25. The bill also recommends that the new Palladium Eagle feature the work of U.S. artist Adolph Alexander Weinman, whose Half Dollar “Walking Liberty” design is currently used on the U.S. Mint’s American Silver Eagle bullion coin. Weinman’s …

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Ivanhoe (NYSE:IVN) Shares Jump on Mineralization Find

Shares of Ivanhoe Mines Ltd. (NYSE:IVN) soared after they announced the discovery of a mineralized zone of gold and copper 1 kilometre long at its prolific Oyu Tolgoi project in Mongolia. Consequently, the original estimates of copper and gold could be much larger than thought. “To intercept almost one kilometre of copper and gold mineralization in a new drill hole is a remarkable development,

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Stillwater Acquires Marathon PGM for $118 Million

Filed in copper, Gold, GOld juniors, lead, platinum, Rio Tinto, shares, ubs, upgrade by on September 20, 2010 0 Comments
Stillwater Acquires Marathon PGM for $118 Million

Shares of Canadian platinum and palladium exploration company Marathon PGM (TSX: MAR ) nearly doubled after an acquisition offer. Stillwater Mining (NYSE: SWC ) will acquire all of Marathon’s outstanding shares in a cash and stock deal worth $118 million as the company seeks to increase its platinum and palladium resources. Stillwater, one of only two major North American platinum and palladium producers, will pay $1.78 plus 0.112 shares of Stillwater’s common stock for each outstanding share of Marathon. The deal values Marathon at $3.55 per share. Shares of Marathon gained 92% to $3.62 following the announcement of the acquisition, suggesting some investors feel the offer is too low and could attract a rival bid. The deal has been unanimously approved by the boards of directors of both companies and is expected to be completed by the end of November 2010. Stillwater will gain control of all of Marathon’s properties, including a nickel-copper-platinum-palladium project near Thunder Bay, Ontario, which is expected to begin production within three years. The company aims to increase its platinum and palladium production by 40% as a result of the acquisition. Under the deal, Marathon PGM will also spinoff shares its subsidiary, Marathon Gold Corp., to Marathon PGM shareholders before the exchange with Stillwater. Commenting on the acquisition, Stillwater’s Chairman and Chief Executive Officer, Frank McAllister, noted: This transaction offers significant value and upside potential to Stillwater shareholders, and as the Marathon PGM/Copper project is one of the few near-term PGM development opportunities on this continent, it solidifies our position as North America’s leading PGM producer. We have long recognized that geographic and commodity diversification is an important engine of growth for our company, and we are delighted to have reached an agreement on a transformative transaction that fits perfectly into our long-term strategy to create value for shareholders. Our post-acquisition PGM reserve base and production scale should increase significantly across mines in the US and Canada and will position the Company to capitalize on robust PGM fundamentals and the favorable pricing outlook. Modern mineral exploration in the Thunder Bay region has led to the discovery several new high-grade precious and base metal deposits in the past few years. Today, the area is home to resources of over: 16 billion pounds of nickel , 501 billion pounds of copper , 33 million ounces of platinum , and 37 million ounces of palladium . In total, these resources would be worth nearl y $1.9 trillion out of the ground. The entire Thunder Bay region now has significant potential to become a major North American nickel-copper-platinum-palladium camp. Other major players that have projects in the region other than Marathon PGM include Rio Tinto (NYSE: RTP ) and North …

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Palladium Outlook for 2011: Demand Up, Supply Down

Filed in copper, Gold, GOld juniors, miners, platinum, Rio Tinto, silver, ubs, upgrade by on September 17, 2010 0 Comments
Palladium Outlook for 2011: Demand Up, Supply Down

The Russians might be tapped out of one of their most precious natural resources… Palladium. And now that the country won’t be able to supply the market, palladium prices could be headed for an explosive increase. For investors, there’s a small window of opportunity to get in before prices really start to take off. I’ll give you one idea on how to yield maximum profit in just a minute… But before I do that, it’s important for you to understand why palladium prices are set to continue rising — and how I think this will help you turn a healthy profit from my latest investment idea. Palladium: A new precious metal investment angle Even though it’s considered a “precious metal,” palladium is not used for jewelry as much as gold and silver are. Rather, the white metal is primarily used in consumer and industrial goods. Palladium is often found in electronics — cell phones, LCD TVs, laptops, iPods, DVD players, monitors… There’s no doubt that you have several electronic devices nearby, as you read this, that are filled with palladium. But the primary application for palladium is in the manufacturing of automobile catalytic converters, which convert up to 90% of harmful gases from auto exhaust (like carbon monoxide) into less harmful substances. In fact half of annual worldwide palladium supplies go into the production of autocatalysts. As such, palladium demand is generally correlated to the health of the global auto industry, which has strongly rebounded this year. Vehicle sales in every one of the top ten auto markets in the world are increasing: The U.S. auto market, where sales have climbed 8.4% in the first eight months of 2010 to almost 7.7 million units. China, the largest car market in the world, increased auto sales by 39.0% in the January-August 2010 period to 11.6 million units. Domestic monthly sales of new cars, trucks, and buses in Japan, the world’s #3 auto market, increased 46.7% in August 2010 from a year earlier — the highest monthly gain since 1972. This was the 13 th straight month of increased auto sales in the country. Overall, global light vehicle production is expected to increase 60% through 2016. Take a look: As the global auto industry continues to recover, the demand for palladium will increase with the growing demand for catalytic converters. The recovery of the global auto industry will push the demand for palladium higher. But the world’s palladium resources are extremely limited. About 80% of the global palladium supply comes from just two countries: South Africa and Russia. The largest palladium reserves in the world are in the Bushveld Complex in South Africa. But half of the global supply of palladium comes from just three sources in Russia: Norilsk Nickel (OTCBB: NILSY) the Russian State Precious Metals and Gemstones Repository (Gokhran) the Russian Central Bank Norilsk Nickel is the largest palladium producer in the world. Each year, the company produces about 2.5 million ounces of palladium — enough to satisfy a whopping 40% of total global demand. But Norilsk’s palladium production isn’t enough to meet rapidly growing demand from the auto industry, so Russia fills the deficit from Gokran and the Russian Central Bank. However, industry insiders are now suggesting that there will be no sales from Russia’s palladium stockpiles in 2011, indicating…

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Ivanhoe (NYSE:IVN) Slaps Down "False and Misleading" Information from ‘Business Spectator’ and ‘The Australian’

Ivanhoe Mines (NYSE:IVN) noted in a press release that recent information published on the ‘Business Spectator’ website and in ‘The Australian’ newspaper contained “false and misleading information” about the mining company. Concerning the numbers, some of the assertions made which Ivanhoe refutes, includes the costs of the Oyu Tolgoi copper-gold project in Mongolia, which was said to be $4

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Rio (NYSE:RTP) Increases Ivanhoe Stake (NYSE:IVN)

Filed in Gold Prices, ivanhoe-mines, mongolia, Oyu Tolgoi, Rio Tinto, shares, ubs by on September 14, 2010 0 Comments

Rio Tinto (NYSE:RTP) announced Monday it has increased its stake in Ivanhoe Mines to 34.9 percent. That followed a conversion of a matured convertible credit facility by Rio. That brings the total investment by Rio in Ivanhoe to $1.73 billion. They also have rights to subscribe for common shares in Ivanhoe, which if exercised, would bring the total stake in the company to about 44 percent.

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Ivanhoe Mines (NYSE:IVN) Continues to Skyrocket

Ivanhoe Mines’ (NYSE:IVN) shares continue to shoot up, gaining over $3 a share over the last five trading days. This week it’s already up over 22 percent.Although the future success of Ivanhoe centers on their Oyu Tolgoi mine in Mongolia, it’s short term success does as well. The news that they are abandoning their agreement with Rio Tinto (NYSE:RTP) which had restricted them from bringing in new

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Ivanhoe (NYSE:IVN) Soars as They Battle Rio Tinto (NYSE:RTP) Over Oyu Tolgoi

Filed in chinalco, ivanhoe-mines, Oyu Tolgoi, Rio Tinto, shares, silver by on July 14, 2010 0 Comments

Shares of Ivanhoe (NYSE:IVN) soared 14 percent Tuesday as they battled Rio Tinto (NYSE:RTP) over their stake in the gigantic Oyu Tolgoi mine in Mongolia.The battle between Ivanhoe and Rio began when they notified Rio they were going to exercise their right to issue more shares to investors besides Rio Tinto. This would allow Ivanhoe to sell over 5 percent of its common shares to another mining

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Freeport (NYSE:FCX), BHP (NYSE:BHP), Rio (NYSE:RTP), Vale (NYSE:VALE) Finish Good Week Strong

Freeport-McMoran (NYSE:FCX), BHP Billiton (NYSE:BHP), Rio Tinto (NYSE:RTP) Vale (NYSE:VALE), all moved up nicely in the trading session, ending a week which started slow, but picked up strong on Wednesday and continued on through the week.Freeport ended the session at $65.98 a share, up $2.82, or 4.46 percent. Rio came in at $48.29, gaining $1.01, or 2.14 percent.BHP finished the day at $67.84,

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