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Ora Banda (ASX:OBM) attained key milestones on the back of a momentous year

Ora Banda milestone

Highlights Ora Banda has attained transformational milestones during the recent year despite COVID-19 disruption. OBM has transformed from an explorer to producer and achieved its first gold pour during the year. OBM continues to face labour s...

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Iron Ore Prices Inched Up; Aussie Miners Showed Mixed Response On ASX

Iron Ore Prices Inched Up; Aussie Miners Showed Mixed Response On ASX

The iron ore prices inched up today after few Chinese mills rushed up to take advantage of the previous drop in steelmaking raw material price. The 62% graded iron ore on Chicago Mercantile Exchange rose 0.21% to trade at US$ 98.59 (as on 30th May 2...

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How Is The Needle Moving On Safe Haven?

How Is The Needle Moving On Safe Haven?

Gold prices are tumbling in the international market; the prices of Gold Spot plunged from the level of US$ 1346.79 (Day?s high on 20th February 2019) to the level of US$ 1266.35 (2nd May 2019). The prices fell in the international market previously...

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Iron Ore Bull Run Halts; Rio Hovers Around Its New 52-Week High

Iron Ore Bull Run Halts; Rio Hovers Around Its New 52-Week High

Iron ore rally halted after a steep rise in prices on 28th May 2019. The prices in China marked a slight decline, with Dalian Commodity Exchange iron ore 62% graded index slipped slightly by 0.59% from its previous close, settling at RMB 756.50 (as o...

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Crude Oil Jolted As Pessimism Over U.S-China Trade War Prevails

Crude Oil Jolted As Pessimism Over U.S-China Trade War Prevails

Crude oil prices are moving down in the global market amid building pessimism among market participants over a global economic slowdown in the wake of re-escalated U.S-China trade war. The Brent Crude plunged from the level of US$75.72 (Day?s high on...

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Australian Iron Ore Miners Leveraging Over Towering Iron Ore Prices

Australian Iron Ore Miners Leveraging Over Towering Iron Ore Prices

Australian iron ore miners are likely to enjoy the leverage due to high prices of the steelmaking raw material in the international market, amid supply shortage and strong demand. The supply disruption started when Brumadinho dam collapsed in Brazil...

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Woodside And Beach Face The Heat Of First Red Zone In Crude Oil In Four Months 

Woodside And Beach Face The Heat Of First Red Zone In Crude Oil In Four Months 

Crude oil prices jolted in the market amid inventory gain in the United States. The Brent Crude Oil Spot dropped from the level of US$71.11 (Day?s high on 23rd May 2019) to the present level of US$68.06 (as on 24th May 2019 AEST 7:28 PM). The factor ...

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Australian Gold Miners Encashing The U.S-Dollar Bull Run

Australian Gold Miners Encashing The U.S-Dollar Bull Run

Gold prices have seen a sharp downtrend over the past three months. The prices of Gold Spot corrected to the level of US$1266.43 in April 2019 from the level of US$1346.79 in February 2019, correction of 5.96%. The factor which exerted pressure on t...

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Iron Ore Indices On Multi-Year Highs

Iron Ore Indices On Multi-Year Highs

Iron ore prices soared in the international market as physical traders raise quotes over the supply concern. The Chicago Mercantile Exchange Index (62% graded) settled at US$ 97.04 on 22nd May 2019, and the prices are currently trading at US$97.19 (...

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Gold Traded Flat In International Market; Dollar Strength Took XAU-AUD Up On Charts

Gold Traded Flat In International Market; Dollar Strength Took XAU-AUD Up On Charts

Gold prices traded flat during the morning session today post the Federal Reserve monetary policy meeting. The Gold Spot traded flat in a thin range of US$ 1272.90 to US$ 1276.44 as the United States Federal Reserve policymakers mentioned that the p...

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How Is The Trident Of U.S Inventory, Renewable Energy, And Oil Players Hitting The Oil Market? 

How Is The Trident Of U.S Inventory, Renewable Energy, And Oil Players Hitting The Oil Market? 

Crude oil prices took a jab in the international market amid a drastic increase in the United States Crude Oil Inventory. The benchmark Brent Crude Oil Spot dropped from the level of US$ 73.60 (Day?s high on 20th May 2019) to the present level of US$...

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