News

Gold Fields earnings may drop 70% in first quarter but significantly better next year

RBC Capital Markets reckons Tier 1 gold miner, Gold Fields', earnings will drop dramatically in first quarter 2009, but matters are set to change in the second quarter.Oct 13, 2008 11:40AM

Where is the bottom? – some commodity stocks seriously oversold

As most commodity prices have continued to plunge, and commodity stockds have fallen even faster, could we be nearing, or at, the bottom? If so there are bargains to be had out there.Oct 13, 2008 10:24AM

Platinum may still be in deficit despite car sales drop

Edison Investment Research says ahead of the Platinum Congress in London that it expects the platinum market to still have a deficit of 1m ounces from 2009-2014.Oct 13, 2008 9:08AM

Lonmin needs to prove itself

Lonmin needs to prove itself to repel more advances from Xstrata when it is allowed to bid again.Oct 13, 2008 8:53AM

PanAust signs 4-year Chinese smelter deal

PanAust has signed a four-year contract with Chinese copper smelter Tongling to supply 20,000 tonnes of concentrate per year.Oct 13, 2008 8:46AM

KGHM says copper prices still profitable

KGHM says that the current copper price is still above its profitability level.Oct 13, 2008 8:27AM

SABIC to more than triple steel capacity

Saudi Basic Industries Corp's (SABIC) says it will more than triple steel capacity by 2020 to 17 million tonnes through acquisitions and building new plants.Oct 13, 2008 8:20AM

Ezz Steel planning steel plant in Suez Oct 13, 2008 5:36AM

WFDB urges miners to cut supply Oct 13, 2008 3:47AM

African states converting iron ore reserves to cash Oct 13, 2008 3:42AM

Nyrstar signs deal to sell Chinese JV stake Oct 13, 2008 3:19AM

Manila postpones investment target Oct 13, 2008 3:11AM

Copper miners near blight Oct 13, 2008 2:19AM

Gold Reserve cuts back on Brisas start-up production Oct 13, 2008 2:15AM

BLM rejects House Resources Committee Grand Canyon hardrock mining ban Oct 13, 2008 2:12AM

Pro-commodities Goldman turns bearish, warns on $50 oil Oct 13, 2008 2:10AM

Relentless liquidity selling has gold off nearly 10 percent Oct 11, 2008 12:35PM

Ground control to Major Tom Oct 11, 2008 4:20AM

Worst week for equities since 1970 Oct 10, 2008 11:04AM