8th Sep 2010
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Commodities: Copper, Oil Gold Closed Mixed
- September 06 2010
The relief shown in equity markets at the relative good news around the August jobs data spilled over into commodities in the US Friday. For example, Comex December coppe ...
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World Steel Output Still Solid
- May 25 2010
World crude steel production was still strong last month. According to figures from the 66 countries reporting to the World Steel Association output was 121 ...
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BHP Reveals Possible Corruption
- April 22 2010
BHP Billiton, the world's biggest mining company, has joined its smaller rival, Rio Tinto, in being implicated in possible corrupt activities. The news was buried in the ...
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Newcrest Gets Serious About Lihir
- April 21 2010
A $26 billion gold mining giant based in Australia could be moving closer after Newcrest suggested yesterday it might sweeten its offer for Lihir Gold. Newcrest said it w ...
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IOH’s Upgrade
- March 24 2010
The Kerry Stokes-controlled Iron Ore Holdings has further boosted reserves at its key Pilbara iron ore deposit. The company says that it has added a maiden inferred ...
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ERA’s Earnings Surge
- February 01 2010
Uranium miner Energy Resources of Australia posted record earnings in 2009, thanks to higher world prices finally hitting the bottom line through higher-priced sup ...
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BHP’s Busy Week
- February 01 2010
Last week was a busy one for BHP: there was a board meeting to examine the interim results (due for release the week after next) several deals and spending plans for given the gr ...
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Oil Search Wants $895 million
- October 20 2009
Oil Search yesterday stunned the market by calling off the sale of part of its stake in the huge PNG LNG project and going to market for nearly $900 million in new capital. ...
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Market Unmoved On FMG Loan, Mining Plans
- October 14 2009
The market couldn't make up its mind again yesterday whether Fortescue Metals abandonment of its Chinese loan option was a good or bad thing. The shares traded in a narrow ...
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Projects Boom, Population Booms, Interest Rates....?
- September 18 2009
Australia's future is tied up in big, world class projects where the likes of the huge Gorgon LNG development will be a guideline (but possibly the largest). These project ...
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Big Strikes, More Oil
- September 18 2009
Three or four oil discoveries around the world in the past two months have suddenly changed the reporting on energy. Two new big finds offshore Brazil (others have been kn ...
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BHP’s Treasure Chest
- September 16 2009
The enormous potential still tucked up inside BHP Billiton was emphaised by the release of its 2008-09 annual report. Times might be tough in the global economy and commod ...
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Barrick Becomes Gold Bull
- September 10 2009
The rising price of gold has seen Barrick Gold Corp, the world's biggest gold producer, reveal plans to eliminate all of its gold hedges and raise $US3 billion ($A3.5 bi ...
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Straits Resources Cleans Up Its Finances
- September 02 2009
Hidden among Monday's flood of last minute mostly losses were two results from middle level miners that sum up the past year. Straits Resources had a good year, sold ...
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CBH To be More ‘Simple”
- September 02 2009
Miner CBH Resources has more than doubled its annual loss on weaker lead and zinc prices, and lower output, and says it will now pursue a more ''simplified corporate str ...
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