Australian port and rail company Asciano Wednesday posted a 41.2% year-on-year rise in net profit to A$342 million ($311 million) for the fiscal year to June 30, due in part to new rail contracts to haul coal in the state of Queensland and ...
Tags: Coal, Chemicals, Metallurgy, Mineral, Energy
Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton posted a net profit of US$10.9 billion for the financial year ...
Tags: BHP Billiton, mining company
Miner and trader Glencore Xstrata (GLEN.L) reported copper production increased by a fifth in the first six months of 2013, driven by the ramp-up of mines replacing depleted operations and a stronger performance in Congo. Glencore, which ...
Tags: Copper Output, Glencore
Reflecting the slowdown in global production in the face of bulging inventories, Colombia's exports of ferronickel, a processed metal used in the production of stainless steel, declined to 9,994 metric tons in June, down 12.2% from the ...
Tags: Ferronickel Exports
In July of the current year, iron ore shipments from Australia's Port Hedland fell four percent compared to June and were up 36.5 percent year on year, totaling 26.6 million metric tons. According to the information released by the Port ...
In July this year, manganese ore shipments from Australia's Port Hedland totaled 196,500 metric tons, increasing significantly compared to the low level of 72,500 mt recorded in June, and up 50.2 percent compared to the same month of 2012, ...
Tags: Overall Exports, mines
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
THE Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker. A strong production report from BHP Billiton boosted sentiment in the ...
Tags: share market, economy
Australia's government is to speed up the country's transition to a carbon emissions trading system by dropping its fixed-price carbon tax in 2014, a year earlier than planned, Australian treasurer Chris Bowen said over the weekend. From ...
AUSTRALIAN shares have closed slightly higher, boosted by gains from resource companies on the back of record production results from mining heavyweight Rio Tinto. Rio has announced it had increased iron ore production by six per cent to ...
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
In June this year, manganese ore shipments from Australia's Port Hedland totaled 72,500 metric tons, decreasing significantly compared to the high level of 219,600 mt recorded in May, and down 48.8 percent compared to the same month of ...
Tags: Manganese Ore, Mineral
THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy