Resources and Energy

Crude oil price rallies 5.4% in London

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Prices rebound strongly from previous session's 13-year low, amid production cut hopes.

Gold prices fall back as investors take profits

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Spot gold retreats 0.6 per cent in London after surge to one-year high in previous session.

Qld Nickel administrators face huge task

by AAP
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Administrators relay need to sort through 11,000 boxes of corporate records.

US crude price tumbles near 13-yr low

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Brent crude falls 1.6 per cent as fears over supply and global financial markets weigh.

Rio to slash dividend after loss

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Rio Tinto abandons its 20-year-old dividend-growth policy after its second full-year loss in four years.

Spot gold surges 2.6% in Europe

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Yellow metal breaks past $US1,200 an ounce amid investor flight to safety.

Glencore lowers zinc, copper production

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Copper output falls 6 per cent in Q4, in line with previous guidance.

Windsor doubts Watermark mine future

by AAP
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Former federal MP says he believes Shenhua's coal project will not go ahead.

Low oil prices starting to hurt global economy: OPEC

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Group says falls aren't increasing consumer demand for petroleum products as much as expected.

Oil market rebalancing will take time: BP

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Dudley says oil giant is 'very bearish' on the first half of 2016.

Contact made with Newcrest miner

by AAP
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Rescuers make verbal contact with worker trapped underground at Indonesian gold mine.

Oil prices rise on short covering

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Brent crude price lifts to $US33.20 per barrel, as US dollar dip gives some support.

Rescuers work to contact Newcrest miner

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Employee trapped 300m underground after ‘geotechnical event’; Gosowong mine suspended.

Gladstone demand draws NSW gas

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Victorian natural gas is now being piped to Queensland through NSW and the central Australian Moomba gas hub.

Oil prices fall as oversupply fears persist

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Brent crude sheds 0.8% amid volatile trade, market downbeat on weak demand data.

Anglo American eyes long commodities winter

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CEO says this year is set to be even more difficult for miners, commodity markets than 2015.

Queensland mines in battle for survival: QRC

by AAP
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Lobby group says state govt must prop up coalmines or risk losing thousands of jobs.

Gold holds steady after US jobs data

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Gold prices end flat after a mixed US employment picture emerged.

Global mining stocks rally, but risks remain

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Investors fear 'bull trap' as BHP Billiton and other mining stocks bounce from lows.

Three missing in SAfrica mine collapse

by AAP
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Cave-in at South African mine owned by Australia-based Vantage Goldfields.

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