October 31, 2023

Traxys CEO Mark Kristoff discusses the commodities market and key drivers of change. Paul Sanger: I’m Paul Sanger for the Finance News Network, and today we’re talking to Traxys CEO Mark Kristoff. For those who are not familiar with Traxys, they are a leading global metals and minerals industry services provider. Mark, a warm welcome

In October, some markets experienced positive gains, but the story was quite different for key commodities, including major ones. Oil and copper faced harsh realities, and despite gold briefly surpassing $2,000 per ounce, it quickly retreated. Iron ore and coking coal held up for Australian exporters, but thermal coal prices hit their lowest point since

BHP (ASX:BHP) has increased the value of its massive Jansen potash project to over $23.5 billion, with the approval of Stage 2 in Saskatchewan, Canada. This stage will cost approximately $4.9 billion, following BHP’s previous approval of $5.7 billion for Stage 1 and a pre-Jansen Stage 1 investment of $4.5 billion in August 2021. The

According to the latest data from the World Gold Council (WGC), central banks, led by China, reduced their gold purchases in the three months to September but appear to be on track for another near-record performance in 2023. The WGC estimated that the overall official sector buying amounted to 337 tonnes for the three months,

Stocks edged higher on Tuesday, as Wall Street closed out a tough month of trading. Stocks posted their third-straight losing month. The Dow and the S&P 500 fell 1.4 per cent and 2.2 per cent, respectively. This marks the first three-month losing streak for both indexes since March 2020. The tech-heavy Nasdaq declined 2.8 per

Australia has a major opportunity to contribute to the growing demand for critical minerals by strengthening global supply chains and increasing collaboration at a strategic national level, a panel of international experts has told the opening session of IMARC 2023. Panellists including leading industry experts from China’s mineral sector and senior United States Department of

IFS, the global cloud technology provider, will lead a panel discussion at the International Mining and Resources Conference (IMARC) today, focusing on harnessing cutting-edge technology to transform mining operations and achieve sustainability and ESG targets, especially achieving Net-Zero Emissions (NZE) in a changing regulatory environment. Joining the conversation alongside IFS Enterprise Asset Management Evangelist Bas

On Tuesday, the Australian sharemarket experienced a modest increase, driven by a rally in consumer staples and real estate stocks. At the closing bell, the S&P/ASX 200 was 0.12 per cent higher at 6,780.70. Futures The Dow Jones futures are pointing to a fall of -67 points. The S&P 500 futures are pointing to a