|Bid||4,950.00 x 0|
|Ask||5,140.00 x 0|
|Day's range||4,850.66 - 4,994.50|
|52-week range||4,354.00 - 6,343.00|
|Beta (5Y monthly)||0.55|
|PE ratio (TTM)||5.82|
|Forward dividend & yield||5.78 (10.86%)|
|Ex-dividend date||10 Mar 2022|
|1y target est||N/A|
(Reuters) -A U.S. appeals court has ruled that the federal government may give thousands of acres in Arizona to Rio Tinto Plc for a copper mine, upholding a lower court's ruling and rejecting a request from Native Americans who said the land has religious and cultural import. The 2-1 ruling from the San Francisco-based 9th U.S. Circuit Court of Appeals, issued late Friday night, essentially defers to a 2014 decision made by the U.S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project as part of a complex land swap deal.
No one chooses the mining industry for an easy lifestyle. So tough is the work that companies have long paid “FIFO” (fly-in-fly-out) workers handsomely for long stints at projects in remote locations.
(Bloomberg) -- A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women workers at companies including BHP Group and Rio Tinto Group.Most Read from BloombergThe World’s Bubbliest Housing Markets Are Flashing Warning SignsElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsJuul Soon to Be Ordered Off the Market by FDA, WSJ ReportsUS Equities Waver as Traders Parse Fedspeak: Markets WrapPowell Says Soft Landing