Today Rio Tinto Ltd [ASX:RIO] have dropped by 4.85% in share value. Despite the drop Rio Tinto are trading at a much higher value, as in March last year their shares were trading at $60.46, now they are worth significantly more, trading at $73.50 a share.
Resource and Mining Stocks
Today Rio Tinto Ltd [ASX:RIO] have dropped by 4.85% in share value. Despite the drop Rio Tinto are trading at a much higher value, as in March last year their shares were trading at $60.46, now they are worth significantly more, trading at $73.50 a share.
Newcrest Mining Ltd [ASX:NCM] has increased slightly by 1.44%, this morning. They sit on a market cap of $15.071 billion, while trading at $19.66 a share. Newcrest mining was founded in 1966. They sell a variety of copper and gold while specialising in mining development and exploration. Why the increase? Find out...
This morning Iluka Resourced Ltd [ASX:ILU] slightly fell in share value, dropping by 0.55%.
Despite the small dip, they’re still trading at a higher value than they were last month.
Why did the Iluka Share Price dip?
During the month…
Mining giant Independence Group NL [ASX:IGO] continues to stay ahead of the game, as their shares slightly increased by 0.80% this morning
The latest news to worry investors is the prospect of a trade war. The big problem here is that the post-Second World War global economy isn’t really designed for balanced global trade. It was for a little while. But as the US began to consume more than it produced in the 1960s, gold started leaving Fort Knox to balance the tab.
These issues impacted Orica’s productivity rate and earnings.
Increased competition are forcing higher input prices in the cyanide market, as a result margins are being driven down.
Resources have been the big outperformers since the global bull market got underway in early 2016. Since those lows, BHP’s share price has soared nearly 130% (to the January 2018 peak), while RIO’s isn’t far behind, up just over 126%. 
Aeris Resources Limited [ASX:AIS] dropped by 16.67% early this morning. Why? Find out here...
Argosy Minerals Ltd [ASX:AGY] joined the market resurgence yesterday, rising 20% to $0.325, following a low of $0.27 the previous day. 
Since its discovery in 2004 by UK-based researchers Andre Geim and Konstantin Novoselov, researchers have been salivating at the possibilities of the unique material that is graphene. It has applications in nearly every industry, from new ones like batteries and renewables to established industries like microchips and construction. Consider the markets it is set to disrupt.