Resources and Energy

Oil falls as mixed US jobs data released

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Sellers have the edge as certainty about Fed rate path evaporates.

Commodity bust threatens sports deals

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Club and stadium sponsorships under threat as resources boom dollars dry up.

Mining exploration spending plunges

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Concerns for regions dependent on mining as new-age investment dries up.

Gold prices slip as traders weigh jobs data

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Spot gold edges back 0.2 per cent amid uncertainty over likely path of US interest rates.

Gold prices little changed ahead of US jobs

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Yellow metal treads water as investors await clues on US interest rate hike.

'Fair' oil price $US50-70: Russia

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Energy Minister says global oil market set to stabilise by the end of the year.

BASF, Gazprom go ahead with asset swap

by AFP
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Oil giants to complete deal despite geopolitical tensions.

Anglo American to sell platinum mines

by AFP
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Move comes as industry struggles with falling prices, industrial unrest.

A mining veteran’s advice for China’s SOEs

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MMG’s chief executive Andrew Michelmore has some advice for Chinese SOEs looking to invest in overseas projects, and is confident about the outlook for China’s economy.

Aust miners 'could unlock' $700bn in Africa

by AAP
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Industry group says miners could unlock almost $700bn of mineral wealth in Africa.

Japan's nuclear revival in trouble

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Number of reactors to be restarted halved in last 12 months due to legal challenges and safety concerns - reports.

Californian Government pension funds set to divest from coal

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US$476 billion pension funds required by law to divest from companies reliant on coal revenue.

Challenge to Rinehart mine dismissed

by AAP
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Legal challenge against Gina Rinehart's central Queensland Alpha coal mine has been dismissed.

Bradken, Senex drop from ASX200

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Resources-based stocks removed in September index rebalancing, consumer stocks move in.

Oil prices edge back in calmer trade

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Brent crude falls 0.69% as market awaits US inventory numbers.

Gold prices edge back ahead of US data

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Yellow metal slips 0.3% in European trade, as risk assets regain popularity.

Gorgon workers welcome 'watershed' roster deal

by AAP
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Industrial strike action cancelled after negotiations reach a deal.

Woodside eyes more Africa activity

by AAP
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Miner says it wants to boost exploration in Africa, but cannot invest in countries with onerous fiscal regimes.

Rio Tinto remains optimistic about Chinese steel

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Australia's two mining majors have traditionally maintained very similar projections for steel production in China, until now.

Rio Tinto maintains China steel outlook

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Miner keeps 2030 outlook for strong production growth, despite BHP pulling back its target.

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