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Showing 61 - 70 of 520 results for "Iron ore"

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
... index is down 2.8% this year to date. So are Australia's major commodity exports - coal prices are lower by 11.1% and iron ore is 7.3%. The Australian dollar reached a high of US$0.811 during last week's trading before closing at US$0.806. And sure enough ...

Blue Sky profits underscore alternatives opportunity

ALEX BURKE  |  TUESDAY, 15 AUG 2017
... accommodation. Education, he added, would continue to be an attractive sector, given that "it's our third-largest industry after iron ore and coal, and it's a strategically important part of the Australian economy." Discussing Blue Sky's value proposition ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
With the prices of Australia's major commodity exports - coal and iron ore -- trending lower this year, let's all spend a minute silence and pray that yesterday's report of a massive slump in exports - down 8.0% in the month of April - was indeed an ...

Iron magnate makes historic $400m pledge

ALEX BURKE  |  MONDAY, 22 MAY 2017
The Australian chair of one of the world's largest iron ore producers recently made the largest ever donation by a living Australian to a range of charitable causes. Fortescue Metals chair Andrew "Twiggy" Forrest, along with his wife Nicola, donated ...

Which part of the elephant are you holding?

BENJAMIN ONG  |  FRIDAY, 5 MAY 2017
... also expected to increase by 18 percent on mine disruptions, while double-digit gains are also expected for aluminum, iron ore, and tin. Coal prices are expected to average $70/ton in 2017 (up 6 percent from 2016) due to continued efforts by China to ...

Investment manager introduces director

JAMIE WILLIAMSON  |  TUESDAY, 18 APR 2017
... opportunities in start-ups and restructures in a broad cross section of business sectors and is currently largely invested in iron ore mining and exploration in Mauritania, West Africa.

Good for now worrying for later

BENJAMIN ONG  |  WEDNESDAY, 15 MAR 2017
... response of monetary policy." To be sure, the price of Australia's major commodity exports appears to be starting to weaken. Iron ore prices are currently trading around US$160/tonne, down 29% from this year's high of US$225/tonne. Similarly, the price ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... "Trade-related uncertainties are a key element in Australia's risk profile. Developments in global demand and prices for iron ore and coal will be critical, particularly demand for these commodities in China." But apart from wishing and hoping and praying ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
... Services credits rose $72m (1%)". While the drop in non-rural goods exports is concerning - because of lower coal and iron ore volume and value and partially offset by an increase in the value of LNG shipments - the bigger 39% plunge in non-monetary ...