Commodities Market

  • Glencore returns to profit, capping turnaround AFP - 2 hours 13 minutes ago

    Zurich (AFP) - Mining giant Glencore Thursday reported a swing back into profit, completing a dramatic turnaround driven by aggressive cost-cutting and helped by rising commodities prices.

  • Big miners drag share market lower AAP - 7 hours ago

    The share market has fallen as weaker prices for commodities pulled back the big miners, and Rio Tinto traded ex-dividend.

  • Big miners drag share market lower AAP - 8 hours ago

    The share market has fallen as weaker prices for commodities pulled back the big miners, and Rio Tinto traded ex-dividend.

  • Iluka slides to $224m loss AAP - 13 hours ago

    Mineral sands miner Iluka Resources has swung to a full-year loss of $224 million, from a $53.5 million profit a year earlier.

  • Low-Cost Country Sourcing Strategies from SpendEdge: Sourcing from China Guarantees up to 30% Saving … Business Wire - 17 hours ago

    SpendEdge, a procurement market intelligence company, takes us through a journey where the variable costs of raw materials, insane competition, and globalization have led to the evolution of low-cost country sourcing (LCCS). China, India, Vietnam, Thailand, Mexico, Turkey, and Eastern Europe are considered to be the most ideal sourcing destinations for many organizations across the globe, with China being at the top. Although there is a surge in cost, buyers and manufacturers continue sourcing in China because of the high ROI, ensuring up to 30% savings for companies sourcing products from them.

  • Corazon Mining Ltd (ASX:CZN) Company Presentation to RIU conference ABN Newswire - Wed, Feb 22, 2017 2:05 PM AEDT

    Perth, Australia, Feb 22, 2017 - (ABN Newswire) - Corazon Mining Ltd (ASX:CZN) (OTCMKTS:CRZNF) is pleased to provide the Company's latest Presentation to RIU conference. Exploration Success On Two Fronts ...

  • Farmers could get better milk price: Bega AAP - Wed, Feb 22, 2017 1:06 PM AEDT

    Dairy processor Bega Cheese says farmers could receive a better price for their milk later this year because dairy commodity prices have improved.

  • INGREDION STRATEGY DELIVERS SHAREHOLDER VALUE; Executives provide insight into Ingredion's success at … ACN Newswire - Wed, Feb 22, 2017 7:13 AM AEDT

    During a presentation today at the Consumer Analyst Group of New York (CAGNY) annual conference, Ingredion Incorporated (NYSE:INGR - News) executives reviewed the strategy driving the Company's success as a leading global supplier of ingredient solutions. Ilene Gordon, chairman, president and CEO, told the audience of investors and analysts that, "our success is anchored in a core value proposition of texture, sweetness, and nutrition combined with an innovation focus aligned with key market trends. Jim Zallie, executive VP global specialties and president, Americas, explained Ingredion's focus on global consumer trends, including natural and simple ingredients, reduced sugar and convenience.

  • Miners back in profit on recovering metals prices AFP - Tue, Feb 21, 2017 9:54 PM AEDT

    London (AFP) - Two of the world's top mining firms returned to profit with a bang on recovering iron ore and coal prices, higher output, cost cutting and asset sales, results showed Tuesday.

  • World's biggest miner BHP posts soaring half-year profit AFP - Tue, Feb 21, 2017 9:14 PM AEDT

    Sydney (AFP) - Mining giant BHP Billiton reported Tuesday a dramatic rebound in half-yearly profits on the back of surging coal and iron ore prices and improved productivity.

  • BHP says protectionism threatens growth AAP - Tue, Feb 21, 2017 7:23 PM AEDT

    BHP Billiton has signalled worries about rising protectionism after bouncing back to a $US3.2 billion half year profit.

  • Leftist hopes to avoid runoff in tense Ecuador vote AFP - Tue, Feb 21, 2017 6:44 AM AEDT

    Quito (AFP) - Leftist Lenin Moreno crossed his fingers Monday for outright victory in Ecuador's presidential vote as impatience grew over a delay in publishing full results that could force a runoff.

  • Moreno edges toward outright win in Ecuador presidential vote AFP - Mon, Feb 20, 2017 4:28 PM AEDT

    Quito (AFP) - Leftist Lenin Moreno appeared to be edging toward an outright victory in Ecuador's presidential election on Sunday, with partial results showing him close to crossing the margin needed to avoid a runoff.

  • CRU 22nd World Aluminium Conference 2017 at the Marriot in London ABN Newswire - Mon, Feb 20, 2017 10:23 AM AEDT

    London, United Kingdom, Feb 20, 2017 - (ABN Newswire) - CRU's World Aluminium Conference 2017 takes place on 3-5 May 2017, at the Marriot (NAS:MAR) London Grosvenor Square, London, UK. Now in its 22nd ...

  • International markets roundup AAP - Mon, Feb 20, 2017 7:22 AM AEDT

    News from the world's major stock markets

  • Ardiden Ltd (ASX:ADV) Corporate Presentation - A Two-Pronged Strategy for Growth in Energy Metals ABN Newswire - Fri, Feb 17, 2017 9:34 AM AEDT

    Perth, Australia, Feb 17, 2017 - (ABN Newswire) - Ardiden Ltd (ASX:ADV) is pleased to provide the Company's latest Corporate Presentation. The Company's strategy is to identify and define more than 10 ...

  • South32 eyes improving China demand AAP - Thu, Feb 16, 2017 2:18 PM AEDT

    Diversified miner South32 expects improving demand for its manganese and coking coal from China, after swinging to a $US620 million half year profit.

  • US data shows rising demand, inflation AAP - Thu, Feb 16, 2017 11:41 AM AEDT

    US retail sales, consumer prices and manufacturing output have all risen in January - good news for its economy, the dollar and interest rate prospects.

  • Capital Mining Limited (ASX:CMY) High Grade Zinc and Silver Intersections at Mayfield Project ABN Newswire - Wed, Feb 15, 2017 10:14 AM AEDT

    Perth, Australia, Feb 15, 2017 - (ABN Newswire) - Capital Mining Limited (ASX:CMY) ("Capital" or "the Company") is pleased to announce high grade assay results from its recently completed ...

  • Surge in China factory-gate prices fans inflation hopes AFP - Tue, Feb 14, 2017 9:00 PM AEDT

    Beijing (AFP) - Chinese factory-gate prices climbed for a fifth straight month in January, the government said Tuesday, fuelling hopes the world's biggest goods trader can export much-needed inflation to the global economy.

  • Noble Group shares surge on news of key investor AFP - Tue, Feb 14, 2017 8:38 PM AEDT

    Singapore (AFP) - Shares in troubled commodities trader Noble Group soared Tuesday, their biggest rise in more than a year, after the company said it was in talks with a strategic investor.

  • Glencore buys DR Congo mine shares from Israeli magnate AFP - Tue, Feb 14, 2017 10:10 AM AEDT

    Geneva (AFP) - Mining giant Glencore said Monday it had struck a deal worth nearly $1 billion to purchase shares of two mines in the Democratic Republic of Congo from a controversial Israeli magnate.

  • International markets roundup AAP - Tue, Feb 14, 2017 7:23 AM AEDT

    News from the world's major stock markets

  • Food prices rise as discounting eases AAP - Mon, Feb 13, 2017 5:36 PM AEDT

    Woolworths and Coles are expected to benefit from higher food prices as the supermarket sector eases up on aggressive grocery price cuts.

  • Why the Aussie dollar is flying high Yahoo7 Finance - Mon, Feb 13, 2017 2:51 PM AEDT

    The Australian dollar has been rising strongly over the past six months and not just against the US dollar where this morning it is hovering just under 78 cents. The Aussie dollar is also buying over 0.72 euros, the highest level it has been since early 2015 and is up some 10 per cent since May last year. It is also strong against the British pound, Japanese yen and Canadian dollar.

  • Aurizon swings to half-year profit AAP - Mon, Feb 13, 2017 2:37 PM AEDT

    Rail freight operator Aurizon has posted a half-year profit of $54 million, compared to a $108 million loss a year earlier.

  • Artemis Resources Ltd (ASX:ARV) High Grade Cobalt Carlow Castle Project - Karratha, Western Australi … ABN Newswire - Mon, Feb 13, 2017 12:23 PM AEDT

    Perth, Australia, Feb 13, 2017 - (ABN Newswire) - Artemis Resources Limited (ASX:ARV) (HAM:ATY) ("Artemis" or "the Company") is pleased to report a review of it's 100% owned Carlow ...

  • Kiwi falls to four-month low vs Aussie AAP - Mon, Feb 13, 2017 9:46 AM AEDT

    The New Zealand dollar has fallen to its lowest level against the Australian dollar since October.

  • Mitsui & Co., Ltd. to Present Webcast of Analyst Conference on Consolidated Financial Results for the … Business Wire - Fri, Feb 10, 2017 4:00 PM AEDT

    TOKYO--(BUSINESSWIRE)-- Keigo Matsubara, CFO of Mitsui & Co., Ltd. (TOKYO:8031, ISIN:JP3893600001) hosted an analyst conference on Wednesday February 8, 2017 to announce financial results for the Nine-month ...

  • Chinese ping rubber to 5yr high AAP - Thu, Feb 9, 2017 11:02 AM AEDT

    Chinese speculators push rubber to its fastest price rise in more than 25 years, and tyre maker Bridgestone warns that prices must rise to reflect higher costs.