Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.To own or not to own? That's one of the key questions refinery owners have been asking over the past 10 years. For some industry players, owning refinery capacity is no longer the necessity it used to be, while for others it has becom...Read More
Glencore (LON:GLEN) is upping its presence in the African mining landscape through the purchase of stakes in two mines it already partially owns.For the last month the Switzerland-based commodities trader has been studying strategic options for the Mutanda copper mine in the DRC, an asset it jointly owns with billionaire mining tycoon Dan Gertler. There were questions about whether the government...Read More
EY's Canadian Mining Eye index declined 13% during Q4 2016. This is predominantly due to weakness in gold and nickel prices, offset partially by gains in both copper and zinc prices. For the full year 2016, the Canadian Mining Eye index rose 61%, which was better than 18% gains in S&P/TSX composite index. "The outlook for the Canadian mining sector remains healthy," says Jim MacLean, EY's Canadia...Read More
Australia's biggest gold producer, Newcrest Mining (ASX:NCM) posted some positive figures Monday, with first-half profit more-than doubling and news of an interim dividend to be paid.The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.Newcrest logged a net profit for the six months to December 31 of $187 million (A$243.7 mil...Read More
* Financials lead Wall Street higher* European stocks touch highest level since Dec. 2015* U.S. Treasury yields fall ahead of Yellen testimony (Updates with U.S. market open; changes byline, dateline)By Chuck MikolajczakNEW YORK, Feb 13 (Reuters) - A gauge of global equity markets advanced on Monday and bond yields rose, lifted by a reemergence of assets likely to benefit from reflationary policie...Read More
Feb 13 (Reuters) - Hindalco Industries Ltd HALC.NS* Dec quarter net profit 3.20 billion rupees* Consensus forecast for Dec quarter net profit was 3.93 billion rupees* Dec quarter income from operations 99.15 billion rupees* Net loss in Dec quarter last year was 327.5 million rupees as per IND-AS; income from operations was 87.16 billion rupees* Copper performance impacted due to lower demand in...Read More
Investing.com - Gold prices were slightly lower in European morning trade on Monday, as recent actions by U.S. President Donald Trump helped soothe investor worries about uncertainty surrounding the new administration's controversial policies.Gold for April delivery on the Comex division of the New York Mercantile Exchange dipped $3.90, or about 0.3%, to $1,232.00 a troy ounce by 3:15AM ET (08:15G...Read More
MILAN, Feb 13 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarketsSummary:** European shares seen rising for 5th straight day** Equity index futures rising 0.2-0.3 percent** German drugmaker Stada seen up 16 percent after receiving takeover offers** Higher copper prices could support miners** Hooded vandals attack BHP Billiton (LON:BLT)'s Escondid...Read More
(Adds futures, company news items)Feb 13 (Reuters) - Britain's FTSE 100 index is seen opening up 17 points at 7,275 on Monday, according to financial bookmakers, with futures FFIc1 up 0.2 percent ahead of the cash market open.* The UK blue-chip FTSE 100 .FTSE index ended 0.4 percent higher at 7,258.75 points on Friday, after hitting an intra-day peak of 7,274.80, the highest since Jan. 17 as a ral...Read More
Feb 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 17 points at 7,275 on Monday, according to financial bookmakers.* The commodity-heavy UK blue-chip FTSE 100 .FTSE index ended 0.4 percent higher at 7,258.75 points on Friday, after hitting an intra-day peak of 7,274.80, the highest since Jan. 17 as a rally in metals prices on soothing Chinese data and supply concerns boosted shar...Read More
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures fell on Friday, ending three sessions of gains and dragged down by higher than forecast inventory data from the Malaysian Palm Oil Board (MPOB). POI/* U.S. wheat Wc1 and corn Cc1 futures extended gains to set multi-month highs on Friday on follow-through...Read More
SHANGHAI, Feb 13 (SMM) – Base metals futures on the SHFE performed strongly today with nickel leading the gains with some 2% rise. Copper was up 1.5% while aluminium and zinc climbed close to 1%. Lead, however, edged down slightly.Ferrous metals prices rose across the board as iron ore increased by over 1% and coking coal went up 0.6%. Hot-rolled coil was up 0.53% while rebar and coke inched...Read More
SHANGHAI, Feb 13 (SMM) – Strikes are expected to be the biggest factor affecting copper ore supply in 2018, with 30 labour negotiations already planned this year in Chile alone.In addition, such negotiation at Escondida scheduled in August and a share transfer programme at Grasberg would also create uncertainties over output at the world’s two largest copper mines.Following a decrease...Read More