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Australian shares retreat as Rio Tinto leads miners lower

Australian shares retreat as Rio Tinto leads miners lower Rio hits 4-month trough, closes 2.5% lower Banks rise for sixth consecutive session NZ's Q2 inflation data due on Wednesday Updates to close By Sherin Sunny July 16 (Reuters) - Australian shares slipped on Tuesday from a record closing high in the previous session, as Rio Tinto led mining stocks lower after reporting second-quarter iron ore shipments below analyst estimates, while caution also set in ahead of June jobs data.
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UK Stocks-Factors to watch on July 16

UPDATE 1-UK Stocks-Factors to watch on July 16 Adds new items, updates futures July 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.5%. * OCADO: Ocado OCDO.L , the British online supermarket and technology group, on Tuesday reported a smaller first-half loss , said it was making "good progress" and raised its financial outlook for the full year.
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Some Japan buyers agree to pay Q3 aluminium premium of $172/T, up 16%-19% from Q2

CORRECTED-Some Japan buyers agree to pay Q3 aluminium premium of $172/T, up 16%-19% from Q2 Corrects to show the figure is "lower than" the initial offers in paragraph 2 TOKYO, July 16 (Reuters) - Some Japanese aluminium buyers have agreed to pay two global producers a premium of $172 per metric ton over the benchmark price for shipments in July to September, up 16%-19% from the previous quarter, two sources involved in the pricing talks said.
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UK Stocks-Factors to watch on July 16

UK Stocks-Factors to watch on July 16 July 16 - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.2%. * RIO TINTO: Global mining giant Rio Tinto RIO.L reported second-quarter iron ore shipments below analyst estimates reflecting impacts to production from a train derailment in mid-May. * RIO TINTO: Rio Tinto said its massive African iron ore project in Guinea that it is jointly developing with a Chinese consortium has received all the regulatory approvals
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Iron ore retreats as investors await stimulus signal from key China meeting

Iron ore retreats as investors await stimulus signal from key China meeting By Gabrielle Ng SINGAPORE, July 16 (Reuters) - Iron ore futures retreated on Tuesday as investors and traders grew wary of prospects of forceful stimulus from top consumer China from its third plenum following a slew of weaker-than-expected economic data. The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 ended morning trade 0.24% lower at 830 yuan ($114.25) a metric ton, follo
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Australia's miners drop amid declines in copper prices

BUZZ-Australia's miners drop amid declines in copper prices ** Australian mining stocks .AXMM fall as much as 1.5%, their biggest intraday pct fall since July 8 ** Copper prices eased on Monday on weak demand prospects in top consumer China MET/L ** Rio Tinto RIO.AX fell as much as 2.6% to lowest since March 18, after the global mining giant record
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Rio Tinto's African iron ore project receives all necessary approvals

UPDATE 1-Rio Tinto's African iron ore project receives all necessary approvals Adds details and background in paragraphs 2-6 July 16 (Reuters) - Rio Tinto RIO.L , RIO.AX said on Tuesday its massive African iron ore project in Guinea that it is jointly developing with a Chinese consortium has received all the regulatory approvals, including those from the local and Chinese governments.
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Australian shares muted as Rio Tinto's over 2% drop offsets gains in banks

Australian shares muted as Rio Tinto's over 2% drop offsets gains in banks July 16 (Reuters) - Australian shares drifted in a narrow range on Tuesday, as mining behemoth Rio Tinto led losses among bellwether mining companies on missing second-quarter iron ore shipments estimates, which offset gains in banks' stocks. The S&P/ASX 200 index .AXJO fell 0.1% to 8010.0 by 0031 GMT.
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Rio Tinto's African iron ore project receives all necessary approvals

Rio Tinto's African iron ore project receives all necessary approvals July 16 (Reuters) - Rio Tinto's RIO.L , RIO.AX massive African iron ore project in Guinea, Simandou, has received all the regulatory approvals from the local and Chinese governments, the global miner said on Tuesday. Reporting by Rishav Chatterjee in Bengaluru; Editing by Rashmi
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Rio Tinto slides on muted second-quarter update amid shipments miss

BUZZ-Rio Tinto slides on muted second-quarter update amid shipments miss ** Shares of Australia's Rio Tinto RIO.AX fall as much as 2.6% to A$116.75, last down 1.6% ** Stock hits lowest since March 18 ** Global mining giant posts second-quarter iron ore shipments below analyst estimates, reflecting impacts to production from a train derailment in mid-May.
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Rio Tinto's iron ore shipments miss estimates due to May train derailment

UPDATE 3-Rio Tinto's iron ore shipments miss estimates due to May train derailment Shares fall as much as 2.6% to lowest since March 18 Derailment led to 6 days of lost rail capacity Flags possible delays at greater Nammuldi project Updates with shares in paragraph 3 and China comment in paragraph By Rishav Chatterjee July 16 (Reuters) - Global mining giant Rio Tinto RIO.AX , RIO.L reported second-quarter iron ore shipments below analyst estimates on Tuesday, reflecting impacts to production fro
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Rio Tinto Q2 iron ore shipments rise 3% sequentially

Rio Tinto Q2 iron ore shipments rise 3% sequentially July 16 (Reuters) - Rio Tinto RIO.AX , RIO.L reported around 3 % sequential rise in its second-quarter iron ore shipments on Tuesday, as improved weather conditions led to higher production after a maintenance-heavy March quarter. The world's largest producer of iron ore shipped 80.3 million tons (Mt) of the steel-making commodity from its Pilbara operations in the three months ended June 30, compared with 78 mt in the first quarter.
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Rio Tinto shuts iron ore mine in eastern Canada amid wildfires

Rio Tinto shuts iron ore mine in eastern Canada amid wildfires By Divya Rajagopal TORONTO, July 15 (Reuters) - Rio Tinto RIO.L on Monday said it has initiated a "coordinated shutdown" at the Iron Ore Company of Canada in Newfoundland and Labrador in response to an evacuation order issued by the local government over wildfires. The iron ore mine is jointly owned by Rio Tinto, Mitsubishi Corp.
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IOC Initiated Safe & Coordinated Operations Shutdown On 12 July

BRIEF-IOC Initiated Safe & Coordinated Operations Shutdown On 12 July July 15 (Reuters) - IOC: IOC: INITIATED SAFE & COORDINATED OPERATIONS SHUTDOWN ON 12 JULY IN RESPONSE TO EVACUATION ORDER ISSUED FOR LABRADOR CITY RESIDENTS DUE TO FOREST FIRE IOC: WILL INITIATE A RESTART OF OPERATIONS AS SOON AS CANADA GOVERNMENT AUTHORITIES INDICATE THAT IT IS
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UK Stocks-Factors to watch on July 15

UPDATE 1-UK Stocks-Factors to watch on July 15 Adds new items, updates futures July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.4%. * BURBERRY: British luxury group Burberry BRBY.L named former Michael Kors boss Joshua Schulman as its new chief executive , as it warned on profit and scrapped its dividend payment for this year.
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Australia shares breach 8,000 points as miners, banks rally

Australia shares breach 8,000 points as miners, banks rally Benchmark ends at second straight all-time high AXFJ hits record high; all big four banks gain BHP, Rio Tinto production reports in focus Updates to close By Aaditya GovindRao July 15 (Reuters) - Australian shares rose above 8,000 points for the first time on Monday, lifted by miners and banks as well as the strong finish on Wall Street last week.
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Rio Tinto Says Ngarluma And Co To Progress Renewable Energy Project

BRIEF-Rio Tinto Says Ngarluma And Co To Progress Renewable Energy Project July 15 (Reuters) - Rio Tinto RIO.AX : NGARLUMA AND RIO TINTO TO PROGRESS RENEWABLE ENERGY PROJECT NGARLUMA ABORIGINAL CORPORATION AND RIO TINTO HAVE AGREED TO PURSUE DEVELOPMENT OF AN 80MW SOLAR FARM ON NGARLUMA COUNTRY ESTIMATED 600MW TO 700MW OF RENEWABLE ENERGY REQUIRED B
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UK Stocks-Factors to watch on July 15

UK Stocks-Factors to watch on July 15 July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.24%. * RIO TINTO: Rio Tinto RIO.AX , RIO.L said it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region. * INTEREST RATES: Bank of England interest rate-setter Swati Dhingra said inflation in Britain was unlikely to rise sharply again and the central bank shoul
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Australia's Rio Tinto to pursue development of solar farm for WA iron ore ops

UPDATE 1-Australia's Rio Tinto to pursue development of solar farm for WA iron ore ops Writes through with further details from paragraph 2 onwards July 15 (Reuters) - Australia' s Rio Tinto RIO.AX said on Monday it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region.
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Australian shares hit record high as banks and miners gain

Australian shares hit record high as banks and miners gain July 15 (Reuters) - Australian stocks rose to an all-time high on Monday, helped by gains in index heavyweights banks and miners, while New Zealand shares inched lower ahead of second-quarter inflation data due later this week. The S&P/ASX 200 index .AXJO was up 0.9% at 8,028.1, as of 0031 GMT, after rising to a record high of 8,031.7 earlier in the session.
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