An insight into how metals have performed the year to date, and how they move in the year ahead from Pallion Group and ABC Bullion general manager Nicholas Frappell.
Crude oil is the world’s most actively traded commodity, and oil-related trades are a staple for traders, hedgers, investors around the globe. This infographic examines where trading begin, and where it may head.
Iron ore has rallied overnight to close to US$60 per tonne off China’s ongoing plans to cut capacity and uncertainty over China’s south sea claims.
Gold has continued its post-Brexit rally, cementing its position as 2016’s top performing commodity.
The South Australian government and SA senator Nick Xenophon have urged the new federal government to secure the long-term future of the Whyalla steelworks.
The Australian Government has revised its initial 2016 budget forecasts for iron ore, dropping them by a fifth as market volatility continues.
Weak coal prices and environmentalist pressure has seen Deutsche Bank drop its coal investment team, however Morgan Stanley has reiterated its support of coal.
Mining companies need to focus on strengthening their balance sheets and generating cash if they are to survive current market instability, EY states in its latest report.
Arch Coal has escaped possible litigation from creditors after securing support to work its way out of Chapter 11 bankruptcy.
Visual Capitalist outlines “how coal from hero to zero” in only five years.
Despite iron ore’s recent strength, analysts remain negative on the metal, predicting a new floor price of US$35 per tonne.
Rio Tinto has unveiled this year’s tax payments, stating it paid US$4.5 billion in tax and royalties globally.
Iron ore has gained pace in markets overnight thanks to concerns over the Brexit’s effect on trade.
BHP has announced a renewed focus on exploration, targeting “opportunities across copper and oil”, aiming to spend nearly 20 per cent of its capital budget on exploration.
The fourth of a ten part series examining the trends that will drive the mining industry in 2016.
It is believed the sales process for Anglo American’s Grosvenor and Moranbah North coal mines is now down to the last bidders, BMA and AMCI.
Moody’s has upgraded Fortescue’s outlook to stable, affirming its rating at Ba3.
The third of a ten part series examining the trends that will drive the mining industry in 2016.
Fortescue Metals Group has continued its focus on reducing debt, paying off US$500 million from its 2019 term loan.
BHP is aiming to find US$600 million in savings from its coal operations, as it focuses on productivity and finding ‘latent capacity’.