The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
In the week ended April 8, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.5 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 16 percent ...
Tags: Metallurgy, Mineral, Energy, coal
THE sharemarket enjoyed a bumper day, closing almost 1.5 per cent higher on positive overseas leads. the close today, the benchmark S&P/ASX200 index was up 71.3 points, or 1.45 per cent, at 4976.8 points. The broader All Ordinaries ...
Tags: economy
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
Rio Tinto, leading international mining group, is facing a difficult time. The group’s aluminum subsidiary and by far the world’s 4th largest aluminum producer, previously known as Rio Tinto Aluminum, had suffered a write down ...
Two weeks ago I wondered what was next for company formerly known as the Harry Winston Diamond Corp. Now some of those plans are coming to light with the company's first earnings report under its new name, Dominion Diamond Corp. The New ...
AUSTRALIAN shares have opened slightly higher, buoyed by resource stocks . IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US ...
The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
Australia-based miner Rio Tinto has announced that it has installed a new shiploader with a nominal 55 million mt annual capacity on the new wharf at Cape Lambert in Pilbara, Western Australia. Rio Tinto stated that the shiploader is a ...
Tags: Metallurgy, Mineral, Energy, steel
In the week ended April 1, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 26.4 percent ...
Tags: Coal, Metallurgy, Mineral, Energy
China's crude steel output is expected to reach 746 million mt in 2013, up 30 million mt year on year, according to a report issued by China's National Development and Reform Commission (NDRC). Meanwhile, China's iron ore demand is ...
Tags: Crude Steel, iron ore, Metallurgy, Mineral, Energy
THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock