Iron ore continues to strengthen in price, defying market predictions. Data from The Steel Index has shown an increase in iron ore prices for the second day in a row on Tuesday to almost US$60 per
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Zinc mine shutdowns are lifting the metal
Recent fears of a looming shortage in zinc supply have seen the commodity overcome its difficult start to 2016, to emerge as one of the best performing base metals of the first quarter.
After falling almost
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Wollongong Coal gets extended lifeline
Wollongong Coal has had its cash advance facility increased and renewed.
The miner’s short-term drawdown facility for cash advances, with its major shareholder Jindal Steel & Power, has been increased
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2016: First Quarter commodity update [infographic]
The start of 2016 has been a roller coaster for investors.
Global markets had their worst ever start
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Iron ore pegged to increase over next five years
Australian miners embroiled in Panama Papers scandal
Australian miners that own assets in North Korea have become embroiled in the Panama Papers scandal, which have brought to light possible collusion in breaking UN sanctions.
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Iron ore stays above US$50
The iron ore price has maintained headway, staying above the half century mark.
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Iron ore prices drop amid Chinese future confidence
Iron ore has dropped toward $US50 per tonne, the first loss in four weeks, as the US dollar strengthens. It comes amid predictions from investment groups, including Goldman Sachs, that recent increases are not likely to continue.
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Mining’s rally poor for the industry
The recent rally mining commodities saw are more likely to have a negative impact in the long run, according to market analysts.
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Price shock: how the gas industry is weathering the oil crash
Falling oil prices are causing a shake-up in the gas industry. The latest sign of this is Australian energy company Woodside’s indefinite deferral of its huge gas project off northwest Western Australia, so what lays ahead for the industry?
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Lithium: Australia needs to recycle and lease to be part of the boom
Australia is pivoting its economy away from resources like coal and iron ore, but are there other commodities we can bank on to take up some of the slack? In this “future commodities” series we explore the economic future for commodities we’ve always relied on, and some we haven’t.
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Iron ore still has an important role to play in Australia’s economy
Australia is pivoting its economy away from resources like coal and iron ore, but are there other commodities we can bank on to take up some of the slack? In this “future commodities” series we explore the economic future for commodities we’ve always relied on, and some we haven’t.
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Construction outlook: mining construction slowdown ripples across industry
As we wade into reporting season, we examine how a number of industries are faring, today the spotlight falls on the mining construction sector
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Mining outlook: volatility will force cuts to operations and jobs
As we wade into reporting season, we examine how a number of industries are faring, today the spotlight falls on the mining sector
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Majors remain bearish on iron ore
BHP head Andrew Mackenzie has reiterated his pessimistic position on iron ore, pointing to the growing oversupply issue.
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Anglo American CEO sees pay cut
Anglo American CEO Mark Cutifani has followed Rio’s Sam Walsh’s example and cut his executive pay.
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Moody’s downgrades FMG, gives negative outlook
Moody’s has downgraded Fortescue Metals’ corporate family rating and its senior secured and unsecured ratings.
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Newmont sells stake in Regis Resources
Newmont has sold its major share in Australian gold miner Regis Resources.
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Iron ore recedes from rally
Iron ore has begun its descent from an aggressive rally last week
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Forrest reignites call for iron ore oversupply investigation
Fortescue Metals’ chairman Andrew Forrest has once again called for a probe into the increasing levels of iron ore oversupply.
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