Rio presses ahead with dividend
Chairman Simon Thompson says Rio has resisted the temptation to follow many of its corporate peers and cut dividends.
Chairman Simon Thompson says Rio has resisted the temptation to follow many of its corporate peers and cut dividends.
Rio Tinto’s profit from controversial Singapore marketing hub surges almost 75pc, as it reveals extent of tax office stoush.
Ongoing strength in the iron ore price mean the big miners should be able to maintain dividend levels, Macquarie analysts say.
The next generation of biotech and medical device companies could be hamstrung by the coronavirus crisis, the industry says.
BlueScope has pushed back its $1bn US expansion, cut spending and cancelled a share buyback in response to the virus crisis.
Rio Tinto has relocated 700 workers from the eastern states and to WA as it tries to keep its iron ore workforce intact.
Brickworks, the nation’s biggest brickmaker, says it will take a big hit to its half-year profit.
Rio Tinto’s former boss has won the right to frozen bonus payments after taking the mining giant to arbitration.
The mining sector is scrambling to deal with possible exposure to the coronavirus at a conference in Canada.
Newcrest has given up hope of cracking the million ounce production mark, slashing output estimates by almost 20pc.
Original URL: https://www.theaustralian.com.au/author/nick-evans/page/197