Rio Tinto (RIO) - Encouraging production report
The end year production report was good with best expectations for iron ore output met. Output of bauxite and titanium dioxide slag were also strong and even Grasberg in Indonesia contributed 5,700 tonnes to copper production, the first time since 2014.A minor negative was a US$155m tax dispute in Mongolia over their Oyu Tolgoi copper mine.
Anglo Asian Mining's principal activity is that of a holding Co. and a provider of support and management services to its main operating subsidiary R.V. Investment Group Services. Co., together with its subsidiaries (the Group), owns and operates gold, silver and copper producing properties in the Republic of Azerbaijan. It also explores for and develops other potential gold and copper deposits in Azerbaijan. The Group's primary operating site is Gedabek, which is the location of the Group's main gold, silver and copper open pit mine and Gadir, an underground mine.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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