OceanaGold’s shares up after reporting 2018 financials
The company’s cash balance increased 47% year-on-year.
Latest Stories
Gold price jumps to 10-month high
Gold should “break free” in 2019 amid a scarcity of safe havens says SocGen.
ERG will suspend copper, cobalt output at Congo mine this month
Operations are being suspended while a feasibility study is conducted on building two processing facilities to treat ores at the site.
South African parliament approves long-delayed carbon tax bill
South Africa intends to play its role as part of the global effort to reduce global greenhouse emissions.
China steel futures extend gains, iron ore ends flat
Iron ore continues to influence the ferrous complex, steel prices reflect the rising cost of iron ore and producers are passing it on to the consumers.
Dry bulk market prospects worsen after Brazil dam disaster-shipper Golden Ocean
The final effect on seaborne volumes is yet to be seen, but it is likely that an expected increase in exports from Brazil for 2019 will instead be a small contraction.
The United States’ aluminium tariff wall is crumbling
Aluminium associations the world over are calling for a refocus on China's massive production and export capacity.
South32 to cut 500 jobs at aluminium smelter – union
South32 is the latest mining company to cut jobs after Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs.
Chinese traders freeze Australian coal orders amid 40-day customs delays – sources
Tension between Beijing and Canberra has grown in recent months over issues of cyber security and China's influence in Pacific island nations.
