Business

China's role in giving a boost to commodity prices is clear enough, but is it enough?

Economists believe commodity run is probably done

It is rare to find much unanimity among economists, but one of the few things they agree on is that the trough in commodity prices of 2016 will not be repeated. The question for now is how far will prices retreat, especially following the March quarter, which often marks a cyclical high.

Illegal mining near the site of the Dipidio mine north of Manila

'Why is mining more important than people's lives?'

Shares in OceanaGold slumped in late trading Thursday on a statement by the Philippine government it may force the closure of its Dipidio mine, which has been the subject of recent wrangling between the company and the government.

Downer EDI workers work on building new rail carriages.

Downer shares soar on higher full-year forecast

Shares in Downer EDI soared to a seven-year high on Thursday morning after the contractor lifted its full-year profit forecast following a lack of any bad news in its December-half earnings.

On the Dalian Commodity Exchange, the most-traded iron ore rose 3.2 per cent to end at 660 yuan per tonne. Nearly ...

Dalian iron ore jumps 3pc

Chinese steel and iron ore futures rose for a third session as investors bet on firm demand after the Lunar New Year holiday.

BHP Billiton has been able to cash in on surging iron ore prices.

BHP lifts iron ore output, limits oil

BHP has boosted output of iron ore to record levels while prolonging its curtailment of oil and gas output in the US as it waits for prices to improve, its latest production report shows.

Three-month aluminium on the London Metal Exchange closed with a 1 per cent gain at $US1867 a tonne, having earlier ...

Aluminium hits 20-month peak

Aluminium climbed to a 20-month peak after reports of potential capacity cuts in China while zinc touched a five-week high.

The LME is the centre of the world's metals trade, setting benchmark prices for copper and aluminium.

LME boss Jones to retire

Garry Jones stepped down as chief executive officer after a three-year stint steering the world's biggest metals bourse.