Will ASX Mining Stocks Continue To Perform In 2020?
As we enter 2020, it would appear the market is expecting the iron ore price to go down significantly, given the price of Australian mining stocks.
Read MoreAs we enter 2020, it would appear the market is expecting the iron ore price to go down significantly, given the price of Australian mining stocks.
Read MoreA weakening in the value of the US dollar towards the end of 2019 (it ended around 6-month lows in late December against some currencies such as the Aussie dollar), plus supply constraints and other concerns helped most commodities end the year and decade with solid gains.
Read MoreThe execution of the debt financing facilities with Macquarie Bank completes the funding requirements for the Karlawinda project and is another major step towards the project’s development.
Read MoreThe 2019-20 interim results for Metals X look like being stained with red ink after a gloomy trading update and downgrade on Wednesday and the 33% plus plunge in the share price on Wednesday got it right.
Read MoreWhile China’s industrial output recovered solidly in November, there’s a different story in steel output which fell to an eight-month low.
Read MoreIn a recent interview, I had the opportunity to provide an overview of the current state of play with respect to the silver market. Accordingly, I thought it worthwhile to share some of these thoughts with my readers.
Read MoreWhile Vale, the big Brazilian iron ore miner, and exporter will be boosting sales in 2020, the impact of any increase will not be felt until the back half of next year as the company slowly rebuilds its ore inventories.
Read MoreIn what could be the first of many reports from US energy companies, the giant Chevron Corp says it will write down the value of its US gas assets by more than $US10 billion when it reveals its 4th quarter figures next January.
Read MoreAhead of the Herd’s Rick Mills explains why resource sector investors can’t afford to be blase about the growing global rift between rich and poor.
Read MoreChina is heading for its 4th year in a row of iron ore imports topping 1 billion tonnes with non-Brazilian exporters – mostly in Australia – able to make up for the multi-million-tonne shortfall from Brazil’s Vale in the wake of the January 25 mine dam wall disaster.
Read MoreComet Resources (ASX:CRL) is an Australian junior graphite explorer poised for a strong 2020 on the back of resource growth and the delineation of higher grade mineralisation.
Read MoreDesperate OPEC and Russia have lifted the size of their daily production cap to try and offset a rising global oil glut that threatens to send prices lower in early 2020.
Read MoreWatch the share prices of local gold stocks like Newcrest, St Barbara, Evolution, Northern Star and Saracen after a big fall in futures prices on Friday.
Read MoreOrion Minerals – (ASX: ORN, Share Price: $0.03, Market Cap: $57m, coverage initiated @ $0.027 in Oct 2015)
Read MoreExcitement is building around the expected release on Monday of the eagerly awaited assay results from the third hole drilled at Legend Mining’s (LEG) Area D prospect at its Rockford project in WA’s Fraser Range.
Read MoreNow there’s one way of seeing off an unwanted takeover offer – do what the putative bidder doesn’t want to do, such as announce a capital raising when the bidder, Independence Group made such a move a condition of the offer failing.
Read MoreShares in NSW coal miner, Whitehaven Coal were punished yesterday after it cut its coal production outlook for 2019-20 and raised its cost forecasts,
Read MoreFortescue Metals shares closed at a new all-time high of $10.02 yesterday on news that Chinese manufacturing rebounded a little in November.
Read MoreCommodities had a mixed month as key factors such as risk re-emerged, despite the continuing trade tensions between President Donald Trump and China, Brexit and the UK election and problems in Spain and Hong Kong.
Read MoreWBE has provided a progress update with respect to its Wizard Lake development in Alberta, Canada.
Read MoreGoyder aims to be Goldilocks with not-too-early, not-too-late development of Kathleen Valley.
Read MoreThe mini investment boom in the Pilbara iron ore province of WA continues with Rio Tinto approving a $1 billion $US749 million investment in its existing Greater Tom Price operations (100% owned) operations to extend the life of the mine.
Read MoreA glance through the latest expert views and predictions about commodities. Large cap resources; copper; base metals; iron ore; and coal.
Read MoreAustralia’s move into the North American gold mining industry continues with Evolution Mining revealing a $US375 million ($A553 million) deal with the world’s biggest gold miner, Newmont Goldcorp, to buy the latter’s Red Lake gold mining complex in Canada.
Read MoreNearly 300 jobs will go after Copper miner Metals X says it will immediately suspend operations at its Nifty Copper Mine in the eastern outback of Western Australia (near where Newcrest’s Telfer gold and copper mine is located and the recent copper, gold and silver strike by Rio Tinto).
Read MoreOil futures fell on Friday, after reaching two-month highs on Thursday on renewed hopes for a continuation of the OPEC production cap and progress on the US-China trade war.
Read MoreIron ore prices rose again last week as local analysts and business media turned to other interests and ignored the gains.
Read MoreFarm-in agreement with privately-owned Lucknow Gold with respect to the Lucknow Gold Project (EL6455) in NSW, to test potential down-plunge extensions of high-grade gold-bearing ore shoots.
Read MoreThe bellwether of global economic activity, copper has pretty much marked time over the last 12 months price-wise – a fair reflection of the sluggish conditions.
Read MoreThe sudden burst of buying interest appearing two weeks ago in the uranium market continued last week as producers stepped in.
Read MoreSaracen Mineral won’t have any trouble in raising close to $A800 million from shareholders to buy a half interest in the huge Super Pit open-cut gold mine in WA.
Read MoreCommodities had a softish week with oil doing well for the second week in a row, copper down for the week but gold weakening as risk moved back into vogue.
Read MoreGlobal iron ore prices shook off less than inspiring trade and production data from China for the month of October to notch up a solid gain last week.
Read MoreWhile the central banks of emerging nations have provided gold price support through their purchases, many of the central banks from the world’s biggest nations have provided gold price support through their policy actions – specifically debt.
Read MoreAdvanced explorers and emerging producers such as Aeon Metals and Todd River well-positioned to benefit from the upturn.
Read MoreThe sharp fall in iron ore prices to well under $US80 a tonne received a lot of publicity and analysis, but it was a different case when prices regained that key support level a day later after Vale, the big Brazilian miner, downgraded its 2019 iron ore and pellets sales estimate and indicated that 2020 might not see as big a rebound as expected from the fallout from the January 25 mine tailings dam wall tragedy.
Read MoreAhead of the Herd’s Rick Mills warns that as popular protests grow around the globe against government oppression, “country risk” is growing for mining company investors. Lithium and copper are particularly at risk.
Read MoreDespite fears about peak oil and peak demand for oil, as well as the continuing pressure cut the use of fossil fuels, BHP remains a believer in oil and gas.
Read MoreChina’s commodity imports were again mixed in October reflecting the state of the wider economy.
Read MoreGlobal iron ore prices have fallen another 6% as investors backed off futures markets activity and Chinese iron ore imports fell sharply in October from September.
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