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Rio Tinto feels the squeeze

The pincer squeeze of falling commodity prices and rising costs exerted share-price pressure on two of the world’s biggest miners this week with Barrick Gold and Rio Tinto suffering 8% and 3.5% falls respectively after releasing disappointing performance reports.

Rio Tinto feels the squeeze Rio Tinto feels the squeeze Rio Tinto feels the squeeze Rio Tinto feels the squeeze Rio Tinto feels the squeeze

BHP will be next to reveal the impact of tough operating conditions when it releases its June quarter report on Tuesday (July 19) with investors taking early evasive action, marking down the share