Will Red Chris Add Value To Newcrest?
Brokers perceive Newcrest could add significant value to the Red Chris copper-gold project, in which it has acquired a 70% stake.
Read MoreBrokers perceive Newcrest could add significant value to the Red Chris copper-gold project, in which it has acquired a 70% stake.
Read MoreThe great $US18 billion Barrick bid for Newmont is over as fast as it emerged last week after the two companies agreed to do a deal on their gold mining and processing assets in the US state of Nevada.
Read MoreThere’s a bullish outlook for oil even though there are a growing number of potential factors that could undermine demand in coming years.
Read MoreGold miner Newcrest Mining says it will finance the $1.1 billion purchase of a major new investment in Canada from its own internal resources and banks – a move that should win it the thumbs up from shareholders wary about being asked to help finance big deals by mining companies.
Read MoreShares in major ASX listed oil and gas groups were sold off yesterday after Norway’s huge sovereign wealth fund decided to sell billions of dollars of shares in energy groups.
Read MoreComex gold futures rose by 1% on Friday for a slight gain for the week, boosted by losses in global stock markets on the heels of weak Chinese trade figures and US jobs data.
Read MoreOil futures closed lower on Friday in the wake of the weak February US employment report and trade data from China.
Read MoreWalkabout Resources – (ASX: WKT, Share Price: $0.145, Market Cap: $44m, coverage initiated @ $0.12 in April 2016)
Read MoreAfter falling sharply over the past six months, there is fresh hope that lithium prices could be set for a comeback as demand from the EV market surges.
Read MoreAustralia recorded its second largest trade surplus in history in January thanks to surging prices of copper, gold exports plus solid prices for LNG, iron ore and resilient prices for some types of coal, plus alumina.
Read MoreUnless there’s a dramatic change of heart among the major player’s or a sharp change in stock market conditions, the proposed $US18 billion ’merger of equals’ takeover of Newmont Mining by Barrick Gold won’t happen.
Read MoreVale management is in turmoil after the CEO of the world’s biggest iron ore miner stepped aside following pressure from Brazilian authorities over the Minas Gerais dam collapse.
Read MoreThe Australian gold mining industry has finally lifted output by enough to break a 21-year annual record.
Read MoreGold futures had their worst day since last August with a very sharp fall on Comex in New York to below the $US1,300 an ounce level.
Read MoreConflicting messages from the US oil industry ought to make investors sit up and take notice as the number of rigs in use falls sharply this year.
Read MoreGold’s price strength is set to continue, with prices likely to trade between $1300 and $1350 in the near-term, and potentially as high as $1400 during 2019.
Read MoreIt’s been worth the wait to finally hear from Rio Tinto (ASX:RIO) as to what it is on to at its Winu (named after an old soak from an aboriginal word meaning thirsty) copper-gold-silver discovery in Western Australia’s Paterson province.
Read MoreKiwi dairy giant, Fonterra has lifted its 2018-19 forecast farmgate milk price range to $NZ6.30-$NZ6.60 a kilogram of milk solids (MS) but has suspended its interim dividend as it has announced a “full strategic policy” shift to try and improve profitability and business performance.
Read MoreMoody’s has cut the credit rating of Vale, the world’s biggest iron ore miner, to non-investment grade in the wake of the terrible January 25 mine disaster that has left around 300 people dead or missing.
Read MoreRio Tinto has handed shareholders a second round of goodies to go with the massive interim payout and capital return.
Read MoreRio Tinto last night finally admitted that it has been working on a massive copper-gold-silver find in the Patterson area of the East Pilbara in Western Australia. There have been rumours of Rio’s discovery now for much of the past year.
Read MoreIt was a good week for copper, gold, and oil while iron ore weakened a touch. Copper was the standout but oil wasn’t too far behind as crude futures again rose on Friday and last week hitting highs not see for more than three months.
Read MoreThe development of the Edna Beryl mine not only provides a low-risk return to ERM, but also an opportunity to better understand the geology and gold distribution via underground drilling and development.
Read MoreThere was good news for the junior mineral sands players in the annual profit report from the mineral sands king of the ASX, Iluka.
Read MoreAccording to CEO Chris Ellison, Mineral Resources is going to suffer before things get very much better from a big expansion plan set in train in the past year in lithium in particular.
Read MoreSaxo Bank’s Ole Hansen discusses whether gold can protect an investor in times of economic recession.
Read MoreFortescue Metals Group has tripled its interim dividend payout to 30 cents a share for the six months to December after earnings comfortably topped market forecasts.
Read MoreA glance through the latest expert views and predictions about commodities. Better market conditions for steel and scrap, but price rises for cobalt and nickel are questioned, while copper looks poised.
Read MoreAs the trend in uranium prices remains upward, signs on the demand-side are somewhat at odds.
Read MoreGlobal oil futures rose sharply last week to hit four-month highs on paradoxical signs of both global supply tightness, and expectations for more US production from the still growing fracking sector.
Read MoreGold futures had their highest finish in two weeks Friday, as progress as US-China trade negotiations continued, overshadowing strength in the dollar and a pick up in global share markets, especially in Europe and the US.
Read MoreAnother problem for iron ore markets and Vale with a fire at the company’s Malaysian operation set to close the facility for 10 to 15 days, meaning Chinese mills will be without Brazilian ore for two weeks.
Read MoreIn today’s note, I’m reviewing the WGC’s latest gold publication, which examines the yellow metal’s enduring role as a strategic asset.
Read MoreBreaker’s next resource update – the last one came at an industry-best finding cost of $11 an oz – is due to be released early in the June quarter. At the same time, a preliminary feasibility study is underway into an initial open cut development on the 2.5km central zone of the 8km long Bombora trend.
Read MoreThe Lunar New Year holiday has had its usual distorting impact on Chinese trade data, especially commodity imports in January. Iron ore imports picked up, while LNG imports surged, hitting an all-time high last month.
Read MoreWhile South32 was rewarding shareholders with higher dividends, no such joy for shareholders in the country’s biggest gold miners, Newcrest which more than doubled its first-half profit thanks to the continuing recovery at its Cadia gold and copper mine in NSW.
Read MoreSouth32 will reward shareholders with a special dividend on top of the normal interim payment after reporting a $US635 million ($895.6 million) first-half profit.
Read MoreTwo contrasting results from two of the country’s major medium level gold miners – Northern Star Resources and Evolution Mining.
Read MoreKerry Stokes’ 25% owned oil and gas arm, Beach Energy’s profits and revenues surged in the six months to December as it continued to benefit from the purchase of Lattice Energy from Origin Energy in late 2017 and the brief surge in prices in the last quarter.
Read MoreGlobal iron ore prices took a breather on Tuesday with the Metal Bulletin 62% index price falling back to around $US87.
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