This Month
Lithium bull market sends Pilbara Minerals and MinRes rocketing
Prices of the battery material have rallied 30 per cent from their June lows, providing some much-needed support for the ASX’s beaten-up miners.
Northern Star drops gold hedging to cash in on soaring bullion price
Gold has risen by more than two-thirds over the past 18 months, driven by global trade uncertainty, and the company had been selling well below the spot price.
Gold’s next move could make or break these ASX miners
Broker MA Financial has warned that easy wins for the ASX’s gold stocks may already be in the rearview mirror.
June
Australian mining exploration falls to four-year low
Exploration spending fell to $643.52 million in the March quarter, as a sharp fall in lithium and nickel prices discouraged activity.
April
Advice for commodities investors? Sell, sell, then keep selling
Major Wall Street brokers are telling clients to resist the temptation to buy into metals and oil as prices fall, warning economic disruption is not over.
February
ASX closes at one-month low, CBA down 2pc; Megaport rallies
Shares closer lower; new jobs hit 44,000, topping forecasts; Megaport soars 19pc; banks slump; Magellan down 10pc; Fortescue, Rio cut dividend.
‘Very high risk, very volatile’: Why this fundie went nuclear
The Chinese AI upstart DeepSeek is the latest event to send uranium stocks sinking. But this long-time energy market guru says investors have little to fear.
November 2024
Ignore the short sellers and buy this uranium stock: Tribeca
Portfolio manager Guy Keller is betting Donald Trump’s return to the White House will kick off a “new energy paradigm” and investment opportunity in nuclear.
Northern Star chief expects Trump to send gold price running
The company became the largest ASX-listed gold miner after Newmont’s $26 billion takeover of Newcrest. The gold price has soared above production costs.
August 2024
Paradice’s Sam Theodore sees riches in these uranium stocks
The former Blackrock hedge fund manager’s recent trip to Paladin’s flagship Namibia mine has made him more bullish on the controversial energy source.
Investors are buying up gold stocks before the first US rate cut
The precious metal is the standout commodity this year, jumping 21 per cent to fresh records on expectations that the US dollar will weaken. It has also lit a fire under ASX-listed producers.
ASX gains but CSL, Seek weigh on disappointing results
Shares edge up; immunoglobulins unit boosts CSL earnings; Seek hit by job ads fall; Orora knocks back Lone Star’s bid; NBN losses deepen. Follow updates here.
Diggers & Dealers lavishes riches upon favoured scribes
The award handed out at the annual Diggers & Dealers conference is on current gold prices worth nearly $4000.
July 2024
Nickel is a sobering reminder of commodity fortunes
Australia has been showered with resources export wealth for nearly 20 years. BHP’s nickel operations show we still have to get the basics of cost and productivity right.
May 2024
Inside BHP’s failed tilt for Anglo – and what comes next
The post-mortems are under way, but two things are already clear: the tight time frame was never going to be enough, and BHP’s inability to win over Anglo shareholders eventually killed the deal.
Labor’s budget ‘inflationary on every measure’: Costello
Future Fund chairman and former federal treasurer Peter Costello says Labor should pay off debt while Australia enjoys record iron ore, coal and gas prices.
Panic sets in as short squeeze rockets copper price
A violent spike in copper futures traded in New York has caught markets off guard and sent traders scrambling to cover short positions.
Macquarie takes hit on green energy
The investment bank’s chairman Glenn Stevens has warned that fossil fuels, especially gas, will be required “for quite some time to come”.
April 2024
Oil jumps, Treasuries surge on fears Iran will attack Israel
Bond yields tumbled and crude oil surged to a six-month-high following reports that Israel is bracing for a possible attack from Iran.
Buy Newmont to benefit from gold price surge, Citi urges
Shares in the gold miner, which merged with Newcrest last year, have fallen. But the investment bank says that should be more than overcome this year.