Rio Tinto runs into pressure from investors to tip its hand

Article Abstract:

As British-based mining company Rio Tinto PLC enjoys the financial growth of a booming commodities market, investors are expressing concern that the company has not revealed its plans to stave off a potential earnings decline if the market cools. Nontheless, the company's chief executive officer, Leigh Clifford, is playing down growth concerns and has been reticent about any plans for making acquisitions or returning cash to shareholders.

author: Range, Jackie
Financial management, Management dynamics, Executive changes & profiles, Securities issued, listed, METAL MINING, Management, Officials and employees, Securities, Company business management, Company securities, Company financing, Rio Tinto PLC, Clifford, Leigh, RTP

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Global-resources firm's net tumbles amid mixed outlook

Article Abstract:

Anglo American PLC's 2002 net profit dropped by 49% as the company offered a cautious forecast for its main businesses. Anglo posted 41.56 billion (1.44 billion euros) in net profits for the year.

Anglo American PLC

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Hanson PLC

Article Abstract:

Hanson PLC is forecasting lower profits for the 2003 first half period. The company said that it still must deal with pending legal action related to asbestos.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, Hanson PLC, HAN

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subjects list: United Kingdom, Finance, Mining industry, Mineral industry, Company sales and earnings, Company earnings/profit, Nonmetal mining, Ores, Fertilizers, Ferroalloys
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