Commodities

Noose Tightens around carbon-intensive companies, Blackrock Flags ESG Warning for Corporates
December 14, 2020 01:24 PM AEDT| By Team Kalkine MediaThe climate change and its impact are accelerating at an unprecedented pace, and so is the pressure on corporates from investors to incorporate ESG considerations in long-term planning. The evidence of the same could be gathered by inferring to multi...

Crude Surges on Vaccine Optimism and Sharp Build in U.S. Weekly Net imports
December 13, 2020 12:09 AM AEDT| By Kunal SawhneyCrude oil prices are showing strong momentum with the price of Brent crude oil futures crossing the USD 50 per barrel mark. Brent crude oil futures started the day’s session 0.05 per cent up on Friday after witnessing an intraday move o...

Vale Output Shock, Chinese Demand- Thrust Iron Ore Prices to New highs
December 10, 2020 11:40 AM AEDT| By Team Kalkine MediaThe hottest commodity of the year 2020, i.e., iron ore is getting even hotter with prices climbing towards the all-time high. Iron ore future prices across China rose to RMB 993.00 per dry metric tonnes (as on 7 December 2020), just a unit down again...

China to tighten its grip on world’s copper market: Floats Cu Futures
December 06, 2020 12:13 AM AEDT| By Team Kalkine MediaImage Source Shutterstock China has launched international copper futures contract on 19th of November, 2020, in a move that will give foreign investors access to trading in the world's top consumer of the metal. Traders started trading copper f...

BHP inks deal with Shell to power LNG carriers
December 02, 2020 02:07 PM AEDT| By Kunal SawhneyAs a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement with Shell to fuel five LNG powered Newcastlemax bulk carriers. LNG powered carrier vessels which BH.....

Lynas (ASX:LYC) Scales Another All-time High, What You Need to Know?
December 02, 2020 01:59 PM AEDT| By Team Kalkine MediaLynas Rare Earths Limited (ASX:LYC) or formerly known as Lynas Corporation Limited has climbed the ASX price ladder swiftly with the stock now reaching a new all-time high of $3.870 (as on 2 December 2020 12:36 PM AEDT). Lynas has been on a continuo...

OPEC+ Delays Production Cut Decision, November Rally Halts
December 02, 2020 11:49 AM AEDT| By Team Kalkine MediaThe crude oil market finally hits a limbo with prices of Brent futures struggling around USD 50 mark to trade in a range from USD 49.00 per barrel to USD 48.00 per barrel after showing an immense recovery. Image Source: © Kalkine Group 2020...

How Are Businesses Encashing the Gold Bonanza?
November 25, 2020 12:00 AM AEDT| By Hina ChowdharyGold has been quite the charmer as a safe haven asset in 2020 with the spot price vaulting to a record high of USD 2,073.41 per ounce in August 2020. The impeccable rally in gold prices has brought a smile on many faces with several banks, royalty .....

Gold Prices Tepid, what is ailing the precious metal bulls?
November 23, 2020 06:12 PM AEDT| By Team Kalkine MediaGold spot's multi-contributor prices are continuously trading in the consolidating range between USD 1,846-USD 1,967 per troy ounce. However, Gold prices gave two consecutive closes below the 21-period moving average after the post-March COVID-19 p.....

Iron Ore Price rally Greasing the Wheels of ASX-listed Metals and Mining Stocks
November 23, 2020 12:55 PM AEDT| By Kunal SawhneyASX-listed metals and mining stocks are heading north on the exchange with the recovery in prices of commodities such as iron ore, gold, and base metals across the globe. The recovery in the M&M space is largely led by ASX-listed iron ore stocks...
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Bardoc Gold Drilling finds 1.7 Moz Aphrodite Gold Deposit in Kalgoorlie
November 20, 2020 03:53 PM AEDT| By Team Kalkine MediaBardoc Gold Limited (ASX: BDC), an Australian Gold Mining company has confirmed a high potential deposit at Cornerstone 1.7 Moz Aphrodite deposit in its Sigma Lode which is an unexplored part of its 3.03Moz Bardoc namesake gold project near Kalgoor.....
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Mining Mogul – Chris Ellison of Mineral Resources (ASX:MIN) Sets Ambitious Targets
November 20, 2020 01:50 PM AEDT| By Team Kalkine MediaMineral Resources Limited (ASX:MIN) is inching closer to its all-time high of $30.19 (intraday high on 3 September 2020) with prices reaching to a high of $29.73 (as on 20 November 2020 11:56 AM AEDT) after mining billionaire Chris Ellison disclose.....

Oil Search’s (ASX:OSH) Alaskan Resources Soar 33%, Another Boost for the Pikka Unit
November 19, 2020 12:49 PM AEDT| By Hina ChowdharyOil Search Limited (ASX:OSH) finally takes a breather on the exchange with the price halting the one week price rally. The stock reached a high of $3.980 yesterday, from where it has now taken a U-turn. OSH is currently witnessing a session of con.....

Origin Energy (ASX:ORG) Goes Green, Eyes Green Hydrogen Plant In Tasmania
November 18, 2020 03:09 PM AEDT| By Team Kalkine MediaOrigin Energy Limited (ASX:ORG) has unveiled its plan to develop export-scale hydrogen and ammonia facilities in Bell Bay, Tasmania. The announcement comes hot on the heels of a similar initiative declared by iron ore miner Fortescue Metals Group (.....

Why have Vulcan shares hit an all-time high today?
November 16, 2020 05:21 PM AEDT| By Team Kalkine MediaVulcan Energy Resources (ASX:VUL), the ASX-listed emerging zero-carbon lithium producer, opened gap up at the opening session on 16 November 2020, reaching a fresh all-time high. VUL shares were up ~ 5.09 per cent against its previous close.....

ADX Energy Extends Hedge Book to Counter Oil Market Volatility
November 16, 2020 01:45 PM AEDT| By Hina ChowdharyADX Energy Limited (ASX:ADX) extended the hedging position for the Austrian production in 2021 on behalf of ADX VIE GmbH – a wholly-owned subsidiary. The Company has inked further hedging transactions with the global oil trading giant &ndash.....

Orocobre (ASX:ORE, TSX:ORL) upbeat on lithium outlook
November 13, 2020 01:46 PM AEDT| By Kunal SawhneyThe Australian miner and exporter of lithium Orocobre Limited (ASX: ORE) has advised that due to delays in expansion projects and with current production capacity, lithium industry could undergo critical supply shortage. Industry Outlook The dema.....

Forrest goes green with Fortescue’s foray into renewable energy sector
November 12, 2020 03:56 PM AEDT| By Hina ChowdharyAndrew Forrest, the chairman of the ASX-listed iron ore behemoth Fortescue Metals Group Limited (ASX:FMG), has announced his foray into renewable energy sector through its Fortescue Future Industries arm. The mining tycoon outlined his green energy.....

ASX-Listed Oil & Gas Stocks Climb the Price Ladder As Oil Market sees an Undercurrent of Shift
November 10, 2020 02:50 PM AEDT| By Kunal SawhneyASX-listed oil & gas stocks are gaining momentum over the changing dynamics on the international front with the S&P/ASX 200 Energy index gaining smartly from the levels of 6,262.90 (intraday low on 2 November 2020) to the present high of 7,.....
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Positive Vaccine news punctures Gold bubble, ASX Gold Stocks Under Pressure
November 10, 2020 01:49 PM AEDT| By Kunal SawhneyOn 10 November 2020, ASX-listed gold stocks reacted sharply, post the worst sell-off in the gold spot since August 2020. The gold spot plunged ~ 5.05 per cent from its intraday high of USD 1,965.61 to settle below the long-established psychological.....

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