Copper Strength Helps OzMin to Revenue Record
Oz Minerals earned record annual revenues as it lifted production and sales of gold and copper to take advantage of high prices for most of the year – especially copper.
Read MoreOz Minerals earned record annual revenues as it lifted production and sales of gold and copper to take advantage of high prices for most of the year – especially copper.
Read MoreA second half slowdown led by top producer China took the gloss off what should have been a year in which steel output topped the 2 billion tonnes mark for the first time.
Read MoreCarnage on equity markets has seen commodities regain their safe-haven status with most up strongly for the week, but this may in turn have inflationary ramifications.
Read MoreAccording to a Reuters report on Friday morning, the Serbian government has revoking all licenses related to Rio Tinto’s exploration for lithium in the country.
Read MoreThe global LNG boom and energy shortage in Europe and China over the last half of 2021 saw energy majors Santos and Woodside report strong fourth quarters on Thursday.
Read MoreRio Tinto revealed in a release on Tuesday that rising opposition had forced it to push back the timeline for first saleable production at its $US2.4 billion Serbia lithium project.
Read MoreAhead of today’s key shareholder vote to unify its corporate structure, BHP has produced a reassuring half year production and sales update – especially for iron ore.
Read MoreRio Tinto might have vowed to get its iron ore business back to growth, but that won’t happen this year after the company set the lowest guidance in at least five years.
Read MoreA solid performance by its key Australian asset, the Fosterville gold mine in Victoria, has made sure Kirkland Gold is in good shape to complete its merger of equals with rival Agnico Eagle.
Read MoreNo good news in the 2021 Chinese steel production and coal output data, with the former hit by continued regulation and the latter by sluggish construction sector demand.
Read MoreChina’s iron ore imports tell the story of the country’s commodity demand for the year and hint at what we can expect for much of the coming 12 months – uncertainty and more confusion.
Read MoreNoble Prize winner Professor Stanley Whittingham discusses his retirement from the Magnis board and the role of government funding moving forward for the industry and Magnis in particular.
Read MoreShareCafe’s Tim McGowen speaks with Frank Poullas, Executive Chairman of Magnis Energy Technologies Limited (ASX: MNS) about some recent company news.
Read MoreInvestors should look anew at Newcrest’s Havieron WA prospect, the potential of which to be a major find looks to have improved following the latest end of year exploration update.
Read MoreGlobal copper prices rose on Thursday, jumping 2.4% to more than $US4.28 a pound on Comex, after news that one of the world’s major copper mines could close indefinitely.
Read MoreIGO will pay $1.1 billion in cash for nickel miner Western Areas at $A3.36 per share, thereby confirming one of the worst kept secrets in the mining industry this year.
Read MoreA shock 20% plus slump in China’s November production data from a year earlier may well take the recent gusts of favourable winds out of iron ore’s sails.
Read MoreCovid’s Omicron variant emergence will see global oil demand slow by 100,000 barrels per day for the rest of 2021 and 2022 according to the IEA’s latest forecasts.
Read MoreRio Tinto has agreed to write off Mongolia’s outstanding $US2.3 billion debt for its share of the cost of developing the Oyu Tolgoi copper-gold project.
Read MoreAs the effort to slow climate change gains momentum, the relationship we have with commodities will be affected in wide-ranging ways—some more obvious than others.
Read MoreCommodities ticked over last week as oil rebounded strongly, gold finished a smidge higher and zinc, copper and lead saw solid gains.
Read MoreNickel Mines has finalised plans to buy a 70% stake in the Indonesian Oracle Nickel project in a partnership that will see a substantial rise in the amount of nickel it produces.
Read MoreIt was hardly a convincing upgrade for 2022 from Newmont Corp, the world’s biggest gold miner, but a good portion of it will be powered by its mines in Australia.
Read MoreTo see if gold price trends are favorable now, Corporate Connect analyst Lawrence Grech turns to some more contemporary drivers of gold supply and demand.
Read MoreCommodities were no different to equities last week as Omicron and interest rates dominated and this week will see more of the same.
Read MoreIn stark contrast to its Australian rivals, Brazilian miner Vale seems to be going ex-growth in its key commodities – iron ore, copper and nickel.
Read MoreGold has failed to get the same sort of flight to quality booster shot from the new Covid variant that it got in 2020 from the original Alpha strain.
Read MoreIn a surprise on Thursday, Chalice Mining revealed it had outlined a “significant” new area of interest at its rich Julimar copper, nickel, PGE prospect northeast of Perth.
Read MoreDespite the recent 20% plus slide in oil prices, OPEC+ will maintain its plan to increase its production cap by 400,000 barrels a day in January.
Read MoreA compelling supply demand equation is emerging for the natural gas sector which could set the foundations for a significant multi-year hydrocarbon cycle.
Read MoreShares in Liontown Resources were put into a trading halt ahead of plans to raise up to $490 million to allow it to derisk the company’s key Kathleen Valley project.
Read MoreNowhere to hide on Tuesday for commodities, a big losses wiped out the tentative gains from Monday’s half-hearted rebound and saw large blobs of red ink for November as well.
Read MoreGood growing conditions will see Australian farmers harvest a record winter crop, but the recent wet weather has hit yields and quality, especially in wheat, marking price down sharply.
Read MoreVulcan Energy Resources (ASX: VUL), the lithium up-and-comer backed by Gina Rinehart, revealed another off-take agreement ahead of the company’s annual meeting yesterday.
Read MoreFriday’s crash in oil prices has forced OPEC+ to delay technical meetings ahead of a formal decision on whether to cut a further 400,000 barrels a day from its global production cap.
Read MoreCommodities sold off on Friday – with the modest exception of gold – as fears about the new Covid variant hammered confidence and raised concerns about global economic growth in 2022.
Read MoreChalice Mining has proposed a spinoff of its gold assets designed to launch a new company on an independent path and let the parent exploit one of the most important mineral finds in decades.
Read MoreWhat is the outlook for silver, which finds itself overshadowed by gold and left behind by platinum and palladium as their growing industrial use has upped demand and prompted price booms?
Read MoreIt only took a couple of days but Peru has folded and reversed its contention that some mines in the country will not get environmental extensions to allow them to continue operating.
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