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Rio, BHP are Macquarie's year-end picks of the majors

RIO Tinto and BHP have come up trumps in Macquarie Bank’s latest look at the big London-listed mining equities, with the bank favouring bulks over base metals, as well as stocks with lower gearing to commodity prices.

Jacqueline Holman
Perth's skyline featuring the BHP and Rio Tinto buildings

Perth's skyline featuring the BHP and Rio Tinto buildings

In a research note, head of European mining research Grant Sporre and metals and mining analyst Ioannis Masvoulas noted the mining sector had modestly re-rated compared with the broader market, amid entrenched...

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