Commodities in 2016: In with a bang, out with a whimper
Commodities had their best June half since the GFC, outperforming shares, bonds and currencies. But the frenzy has come to a sudden end.
Commodities had their best June half since the GFC, outperforming shares, bonds and currencies. But the frenzy has come to a sudden end.
Mining. Like most city-dwellers I have blatant disregard and indifference how the fluctuating fortunes of the state are driven by what mining giants rip from the earth.
Vale borrowed $US1 billion from a group of banks, guaranteed by iron-ore shipments to Glencore.
Mining magnate tells the court he held a meeting just to "annoy" his inquisitor.
If you want to shock and appal a politician, just suggest Australia join the United States and China in limiting the building of new coal mines.
Clive Palmer has denied an administrator request for $16.4 million from Queensland Nickel's controlling companies sparked a move to secretly replace the refinery operator with his own newly created company.
Clive Palmer has been forced to deny being "intimately involved' in the decision to send Queensland Nickel into voluntary administration.
Clive Palmer has arrived at Federal Court in Brisbane claiming a "win" before his fourth day of questioning over the collapse of Queensland Nickel.
The Federal Reserve is giving some gold investors a case of the jitters.
Clive Palmer's Federal Court grilling has turned to the key issue of insolvent trading, a concept the self-declared billionaire businessman had "read about" in books and the Australian Financial Review.
After a stellar run in 2016, iron ore has hit a rough patch - and the prospect of a slump below $US50 a metric ton is now back in view.
Clive Palmer's absent nephew has weighed into the Queensland Nickel collapse controversy from the other side of the world, announcing plans to launch court action against the company's liquidators.
Samarco is considering skipping bond coupon payments that are due as soon as this month.
Roy Hill has admitted it is unlikely to meet its "aggressive" target of ramping up exports to 55 million tonnes of iron ore by the end of the year.
The family of recently bankrupt business man "Diamond" Joe Gutnick is back in the mining game after the Northern Territory government gave clearance for Merlin Diamonds to start exploring a deposit formerly owned by Rio Tinto.
Cliffs Natural Resources, the largest US iron-ore producer, says the price outlook has improved.
Copper slid from a three-week high as weakness in equities dented risk appetite.
Iron ore exporter Fortescue Metals says it will repay $US700 million ($925 million) of its debt, generating annual interest savings of about $US26 million.
Former Liberal Treasurer Peter Costello has launched a passionate defence of the mining sector saying is has been "treated shabbily" in Australia and asked why the industry is not included in the national curriculum.
Clive Palmer has accused federal and state governments of being "determined to put Queensland Nickel out of business" as he faces prolonged questioning over the company's collapse.
Clive Palmer's bodyguards have clashed with media outside court again as the businessman publicly defended himself over his role in the collapse of Queensland Nickel.
For all the predictions about the death of coal, it's now one of the hottest commodities in the world.
Clive Palmer had full authority to direct Queensland Nickel via a joint venture agreement in two parent companies he wholly owned, the Federal Court has been told.
Businessman Clive Palmer has arrived at a Brisbane court ahead of an expected grilling over the events leading up to the collapse of Queensland Nickel.
Clive Palmer is set to field questions about the collapse of Queensland Nickel, as liquidators grill key players of the doomed business in the Federal Court.
Indian mining giant Adani is facing another legal hurdle over its planned Carmichael coalmine, with a man who lost a native title challenge in court lodging an appeal.
After gold futures posted the worst monthly performance since May, money is moving back in.
Iron ore shipments from Port Hedland have swelled to a record, underpinning forecasts of lower prices through the year-end.
A former Queensland Nickel chief invoiced the company for private work he did on the side for Clive Palmer, the Federal Court has been told.
Concerns are running hot in Australia about the links between talcum powder and ovarian cancer.
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