Home | Commodities

Commodities

Widespread fast tracking phosphate evaluation

Speaking to a Russian conference managing director of Widespread Energy (NZAX: WEN) Chris Castle said the company is aiming to deliver its first year progress report on the Chatham Rise rock phosphate project by Christmas – two months early.

OceanaGold to raise C$115.5m

OceanaGold Corporation (ASX/TSX/NZX: OGC) has entered into an agreement with a syndicate of Canadian underwriters, led by Macquarie Capital Markets Canada Ltd and Citigroup Global Markets Canada Inc. to raise C$115.5m. ...

Gold Soaring

Once again gold is reacting positively to the issues around a weakening US dollar and continuing fears over the state of the global economy. ...

Orion Minerals reports net loss

Orion Minerals (NZAX: OMG) this morning reported a FY10 net deficit of US$2.389m dominated by the decision to divest the company’s investment in Minera Varry S.A and the resignation of managing director Francisco Barriga from both his roles. ...

Agri Sector More Rosy

New Zealand’s agricultural sector is reporting an increasingly rosy view of the future, with 87% of the nation’s farmers expecting economic conditions to either improve or remain stable. ...

Drier Here than Oz

(PREMIUM) New Zealand had a relatively dry month, with a three-month outlook for generally normal conditions, says Rabobank in its latest Australian and New Zealand Agribusiness Review. ...

What's driving gold?

Since the recession unfolded, and the measures used to ease the pain over the last 2 years have emerged, the drivers of the gold price have tended to vary. ...

Julia jumps on mining tax

(PREMIUM) New Aussie Prime Minister Julia Gillard heard the political tom-toms beating outback and moved rapidly after her selection to high office to amend the proposed resources super-tax that looked like driving Australia’s growth curve downwards. ...

Wheat Prices Rallying

World wheat prices have staged an impressive rally during July, says Rabobank. Production setbacks in the Northern Hemisphere have sent prices to their highest level in over 12 months in the US. ...

Icing on the Kupe cake

(PREMIUM) The outcome of the review of the reserves position at the offshore Kupe oil and gas field could not have done much better for the owners, who overnight found themselves $700m richer. ...