Stock Market

How leading ASX-listed iron ore miners are performing amid falling iron ore prices

Falling iron ore prices

Highlights Iron ore prices dropped significantly as a result of China’s initiative to limit steel production. The country has produced 83.24Mt of crude steel in August, registering a drop of 13.2%. Yunnan province of China has recently i...

Read More...
Sandfire (ASX:SFR) announces record dividend; 5 key things from earnings

Sandfire (ASX:SFR) announces record dividend; 5 key things from earnings

  • August 31, 2021 09:03 AM AEST
  • Ashish

Sandfire Resources Ltd (ASX:SFR) on Tuesday announced a record dividend in its financial result for FY2021 after profit hit an all-time high, led by rise in copper prices and robust performance at its DeGrussa operations in Western Australia. Comm...

Read More...
Here’s why AGL shares are trading at less than half the last year levels

Here’s why AGL shares are trading at less than half the last year levels

Highlights  Shares of AGL Energy (ASX:AGL) dropped more than half in the last one year. The company has recorded a statutory loss of AU$2,058 million in FY21. AGL is one of the biggest polluters of Australia, and intends to split into a c...

Read More...
Why is FMG trading near 5-month low; where are iron ore prices heading?

Why is FMG trading near 5-month low; where are iron ore prices heading?

Highlights Iron ore prices slumped significantly in the last one month on the back of subdued demand from China. China is the leading consumer of iron ore in the world as it consumes more than half of the world's iron ore. Various iron ore min...

Read More...
What powered Lynas Rare Earth (ASX:LYC) to boost its FY21 net profit

What powered Lynas Rare Earth (ASX:LYC) to boost its FY21 net profit

Highlights  Lynas Rare Earth Limited (ASX:LYC) has boosted its profit in the 2021 financial year – a marked upturn compared to last year’s losses. The terrific financial year performance was primarily attributed to favourable m...

Read More...
Iron ore prices on move: Seven ASX stocks in focus

Iron ore prices on move: Seven ASX stocks in focus

Highlights  Iron ore prices plunged significantly in 2021 due to subdued demand from the leading iron ore consumer of the world – China. The country is trying to squeeze its steel production to attain the environmental emission targe...

Read More...
Why is this ASX listed critical materials producer’s share price up 200% in the last three months?

Why is this ASX listed critical materials producer’s share price up 200% in the last three months?

The mining industry is one of the most important pillars of the Australian economy. In the financial year 2020, the accumulated value added by the mining sector to the Australian economy amounted to a whopping AU$206.24 billion (approx.). The country...

Read More...
Coal hits record highs, seven ASX coal stocks under the spotlight

Coal hits record highs, seven ASX coal stocks under the spotlight

A rebound in power demand in China, the country's informal ban on Australian coal imports, and supply disruption in major coal-producing nations, including Australia, South Africa, and Columbia, contributed to the rise of global thermal coal prices...

Read More...
Iron ore dips to eight-month lows, ASX stocks under the spotlight

Iron ore dips to eight-month lows, ASX stocks under the spotlight

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chinese s...

Read More...
Resolute Mining (ASX:RSG) to recognise impairment charges in H1; Here’s why

Resolute Mining (ASX:RSG) to recognise impairment charges in H1; Here’s why

Africa-focused gold miner Resolute Mining Limited (ASX:RSG) expects to recognise a non-cash impairment charge in its half-yearly report, scheduled to be released on 27 August 2021. The impairment charge is expected in the range of US$165-175 millio...

Read More...
How will UN climate change report shake up steel industry?

How will UN climate change report shake up steel industry?

The latest report on climate change by the UN Intergovernmental Panel on Climate Change (IPCC) paints a grim picture of the future. UN Secretary-General António Guterres has declared the report as a ‘code red’ for humanity. The r...

Read More...
Ad

GET A FREE STOCK REPORT

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK