What to watch in commodities: Iran, big oil, miners, gold, crops
It’s getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war.
Latest Stories
South Africa’s Harmony says FY output exceeds guidance
South Africa's Harmony Gold said on Monday annual bullion production for 2018 has exceeded its guidance, boosted by its Moab Khotsong operation.
Amplats reports jump in H1 earnings, buys Glencore’s stake in Mototolo platinum mine
Anglo American Platinum kept the dividend tap flowing as it reaps the benefits of a pivot to mechanised mining that has lifted productivity and cut costs.
Ground water in Vedanta’s Indian smelter contains heavy metals
The smelter was shut down in May after 13 people died after coming under police fire during violent protests over alleged pollution.
BHP to fight class action over Samarco dam failure
Law firm leading the action says it has more than 3,000 investors signed up to pursue the miner for losses.
Nutrien sells stake in Arab Potash to China’s SDIC
The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.
Petra shares drop after it cuts 2019 diamond production forecast
The miner said it expects to produce 4.6 million to 4.8 million carats in 2019, well below the 5.0-5.3 million carats it forecast in July last year.
Caterpillar and Newmont team up on underground vehicle automation
Newmont Mining is the largest user of Cat underground vehicle automation technology in the western hemisphere.
Barrick’s Dushnisky quits, becomes AngloGold new CEO
Dushnisky will join AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who left the world’s third-biggest gold miner in April to run India’s Vedanta.
