By Adrian Prendergast
21 April 2021, 3:30 PM
Despite heavy weather and COVID-19 impacts, BHP posted a solid underlying operational performance across iron ore, copper, petroleum and nickel. However, metallurgical and thermal coal disappointed.
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By Adrian Prendergast
20 April 2021, 3:30 PM
Rio Tinto (RIO) reported a reasonable 1Q21 result, although weather and travel restrictions impacted RIO's operations, especially in its flagship iron ore business.
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By Mat Collings
13 April 2021, 1:30 PM
Regis Resources have announced an agreement to purchase a 30% interest in the Tropicana gold mine.
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By Adrian Prendergast
18 February 2021, 5:00 PM
South32 reported a strong 1H21 earnings result that exceeded estimates. The SAEC sale is still a major value catalyst, and worth waiting for.
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By Adrian Prendergast
19 February 2021, 12:00 AM
With Fortescue Metal Group easing our fears over the Iron Bridge magnetite project and reporting a strong 1H21 result, we maintain a Hold rating.
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By Adrian Prendergast
18 February 2021, 2:00 PM
Rio Tinto (RIO) reported a solid 2H20 result ahead of expectations. We see RIO in a strong position fundamentally, maintaining our Hold rating.
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By Adrian Prendergast
17 February 2021, 12:00 PM
We have upgraded our iron ore forecasts for the next three years.
While trading near our revised targets, we see robust earnings and dividends as
increasingly important in the current global climate.
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By Adrian Prendergast
01 February 2021, 5:00 PM
Fortescue Metal Group posted a strong 2Q21 result, though it came with the warning that FMG was conducting a detailed review of the budget and schedule for its Iron Bridge magnetite project.
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By Adrian Prendergast
22 January 2021, 1:00 PM
There was a mixed operational result from South32, although generally ahead of our estimates. Now trading in line with our target price we lower our rating to Hold.
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By Adrian Prendergast
20 January 2021, 9:30 AM
We see RIO as trading close to fair value, supported by strong fundamentals and
an impressive dividend profile. We maintain our Hold rating.
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