Iron ore rally seen threatened
After surging in 2016 in a rally that caught out many investors, the commodity faces a challenge on renewed supply concerns.
After surging in 2016 in a rally that caught out many investors, the commodity faces a challenge on renewed supply concerns.
Gains in commodities will continue next year - at least that's what hedge funds are signaling.
Gold prices eased on Friday, ending a year in which bullion gained more than 8 per cent, snapping three years of declines.
Chinese steel and iron ore prices finished the final session of the year under pressure amid concerns about slowing demand.
Chinese steel rebar prices fell more than 2pc, while coke and coking coal remained under pressure, in volatile trading.
The mining giants are set to haul in a combined $36 billion for the December half, and the windfall won't end there.
Copper prices rose as falling stocks and expectations of stronger demand in China persuaded buyers to return to the market.
Bangkok: Thailand's prime minister has warned Australian miner Kingsgate it would be a waste of time suing his military government over his order to shutdown the company's goldmine by December 31.
A Chinese court has jailed Sun Zhaoxue, the former president of state-owned metals producer Chinalco for 16 years for graft
Gold futures capped the longest run of weekly losses in 12 years as the case for higher US interest rates strengthens.
The spot price for seaborne iron ore rose in light trade on Friday ahead of the Christmas break.
Copper prices slipped on Friday as investors took profits on long positions ahead of the Christmas break.
A company owned by Australia's richest woman, Gina Rinehart, will have to pay the costs of a journalist who the billionaire tried to force into revealing her sources for a book about the family.
The price of iron ore fell for a fifth day, diving 3.8 per cent overnight, amid continuing concerns about smog.
Chinese steel futures edged higher but gains were tepid as mills were ordered to cut output amid a blanket of heavy smog.
From a year of political upheaval the metals markets can draw one all-important lesson. It's still all about China.
Coal's recovery was one of the biggest surprises in commodities this year, but it's all poised to end.
Every little helps as miners seek to boost profitabilty.
Nathan Tinkler's audacious bid to escape bankruptcy has fallen at the first hurdle after he failed to post the $1 million he proposed to settle debts of more than $550 million before a creditors' meeting on Wednesday.
Brazilian iron ore miner Vale said on Tuesday it signed a non-binding agreement with BHP Billiton to allow the use of its Timbopeba pit to deposit tailings from iron miner Samarco when that company restarts operations.
Iron ore extends losing streak as investors lock in gains from the year's searing rally.
The public grilling of Clive Palmer over the collapse of Queensland Nickel will resume in the Brisbane Federal Court in February.
Beny Steinmetz was detained in Israel on suspicion of bribing government officials in Guinea.
Iron ore futures in China slumped as stocks of it at the country's ports rose to the most in more than two years.
Iron ore miner Fortescue Metals says its proposed joint venture with larger Brazilian rival Vale, for blending their iron ore at key Chinese ports, could fall over.
When Thailand's junta leader-turned-prime minister used his absolute power to suspend gold mining – prompting an Australian miner's shares to plummet 19 per cent in a single day – he complicated efforts to attract foreign investors already spooked by military rule.
Vale SA is betting on the world's biggest iron ore project as a way to become more competitive with its largest rivals. For Brazil, the $US14 billion S11D mine is a rare bright spot amid the country's longest recession on record.
The former chief financial officer of Hastie Services, a subsidiary of collapsed engineering services group Hastie Group, is intending to plead guilty to three criminal charges.
Iron ore miner Fortescue Metals Group is cashing in on the strong run in prices in recent months with a further $1.4 billion repayment of its debt next week.
Thailand's military ruler has used his sweeping powers to shut down the country's largest gold mine, part-owned by Australian company Kingsgate Consolidated.
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