Australian building approvals in September fell by 4.6%, surprising analysts who had anticipated a 1.3% increase. Additionally, private sector house credit dropped by the same percentage, as reported by the Australian Bureau of Statistics. At noon, the S&P/ASX 200 is 0.26 per cent higher at 6,798.10. The SPI futures are pointing to a rise of […]
ASX up 0.26% at noon: Australian building approvals fall 4.6% Read More »
To register for Friday’s webinar click here. NOVONIX (NASDAQ:NVX, ASX:NVX) has finalised its US$100 million grant award from the U.S. Department of Energy to expand domestic production of high-performance, synthetic graphite anode materials at its Riverside facility in Chattanooga, Tennessee.In response, Dr. Chris Burns, CEO of NOVONIX, “the ability to deploy $100 million towards Riverside’s
Stocks of the Hour: NOVONIX, Wildcat Resources, Ioneer Read More »
01 Nov 2023 – Traxys CEO Mark Kristoff discusses the commodities market and key drivers of change.
Traxys discusses trends in commodities Read More »
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
Traxys discusses trends in commodities Read More »
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
Mixed results for markets and commodities in October Read More »
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
BHP approves $23.5 billion investment for Jansen Potash Project in Canada Read More »
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,
Central Banks revive gold appetite, September quarter falls short of 2022 peak Read More »
01 Nov 2023 – 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% and 2.2%, respectively.
S&P500 climbs ahead of Fed rates decision Read More »
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
S&P500 climbs ahead of Fed rates decision Read More »
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
China and US highlight critical minerals collaboration with Australia is key to future Read More »
