Glencore Maintains Dividend on 29% Lower Earnings

Diversified marketing and mining major Glencore on Wednesday reported 29% lower first-half earnings of $4.6-billion on weaker commodity prices.

Thursday, August 20, 2015

Australian Nickel Refiner Seeks More Ore From New Caledonia

Australian nickel refiner Queensland Nickel has yet to fill its laterite ore quota from New Caledonian suppliers and was eager to increase volume as the South Pacific country faces preddure to lift a ban on exports to China.

Thursday, August 20, 2015

Glencore Stock Getting Hammered as China Slowdown, Commodities Rout Hit Profit

Shares in mining and commodity trader giant Glencore (LON:GLEN) fell more than 9% Wednesday morning, hitting a fresh record low, after it revealed it has swung to a steep, half-year loss and disappointed investors over debt-reduction efforts.

Thursday, August 20, 2015

David Herro From Harris Associates Builds up $1.6 Billion Glencore Stake on Rebound Bet

Glencore Plc investor Harris Associates LP, one of the biggest shareholders in the commodity trader and miner, is betting this year’s worst performer on the U.K.’s benchmark stock index will recover.

Thursday, August 20, 2015

Equitas Resources Corp. Announces $1,800,000 Non-Brokered Private Placement

Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (“Equitas” or the “Company”) is pleased to announce that the Company has arranged a non-brokered private placement of up to 3,157,895 units (“Units”) of the Company at a price of $0.095 per Unit for gross p...

Wednesday, August 19, 2015

Sirius Inks Supply Agreement with Glencore

Takeover target Sirius Resources has inked a supply agreement with diversified major Glencore to supply nearly half of the planned nickel sulphide concentrate production from the Nova mine, in Western Australia.

Wednesday, August 19, 2015

Macquarie : Global Nickel Market is Expected to be Oversupplied 15000 Tons This Year

Australian investment bank Macquarie on August 17 announces to adjust its global nickel market supply and demand forecasts for this year, the global nickel market is expected to be 15,000 tons this year.

Wednesday, August 19, 2015

South32 Falls to New Low on Nickel Woes

BHP Billiton spin-off South32, which launched on the sharemarket with high hopes in May, tumbled to a new low on the ASX today amid a global commodity crunch, with shares down more than 30 per cent from their high point shortly after listing.

Tuesday, August 18, 2015
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