Evolution Mining has beaten its rivals to buy an 80% stake in Northparkes copper-gold mine for up to US$475 million.
ASX Commodity Trading News and Analysis - Latest Updates
Australia is one of the world’s biggest commodity producers in the world so it makes sense to wonder how one can invest in commodities and what the best commodity shares are.
Investing in commodities entails purchasing securities with exposure to an interchangeable basic good or raw material like gold, oil, natural gas, iron ore, aluminium, copper, wheat, soybeans and so on.
Sometimes your best conversations come when you least expect
That’s why we say the system is vulnerable to disruption.
The International Energy Agency forecasted that the market would tip back into surplus next year — giving further credence to cuts — but for now, oil markets anxiously watch OPEC.
IGO shares are down today after the company maintained its decision to appoint Ivan Vella as CEO after details of his sacking from Rio Tinto raised investor concerns.
As uranium prices surge more than US$80 per pound for the first time in 15 years, investors today are buying development projects in hopes of riding the next bull wave.