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Top News In ஆயரீலீய உலோகங்கள் Today - Breaking & Trending Today

Queensland Pacific Metals Ltd prepares for TECH hub DFS in FY22

The future battery chemicals producer continues to advance its TECH project in Townsville, developing its pilot plant and advancing offtake agreements. ....

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Glencore mulls sale of CSA underground copper mine in Australia

Glencore mulls sale of CSA underground copper mine in Australia
mining-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining-technology.com Daily Mail and Mail on Sunday newspapers.

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Westpac lifts Australian shares higher, miners and oil firms cap gains

By Reuters Staff
2 Min Read
May 3 (Reuters) - Australian shares rose on Monday, boosted by gains in the country’s second-biggest lender Westpac Banking Corp after upbeat earnings, but gains were capped by losses in miners and energy companies on weak commodity prices.
The S&P/ASX 200 index was up 0.5% at 7,059.5 as at 0034 GMT.
The top percentage gainers on the were Charter Hall Group, up 1.14%, followed by Ampol Ltd, gaining 1.06% and Blackmores Ltd, rising 1.06%.
Financial stocks were the biggest percentage gainers, adding about 1.5%, with Australia and New Zealand Banking Group and Commonwealth Bank of Australia gaining 0.5% each.
Westpac jumped as much as 4.4%, after it reported a near three-fold jump in its first-half cash earnings, and it laid out a three-year plan to cut costs. ....

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Nuclear scanning allows for better detection of precious metals in drill cores, scientists say

Researchers from ANSTO and Macquarie University proved that using neutrons from the OPAL reactor provides new clarity for mineralogical assessments. ....

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Material Matters: Iron Ore, Gold & Copper

UBS believes
iron ore is approaching an inflection point, noting Vale s shipments are up 14% over the year to date while China s
steel production is at risk of being disrupted by environmental policies. The broker is also concerned about credit tightening in China.
UBS expects iron ore supply will lift in the second half of 2021 and demand should moderate, with iron ore prices falling below US$100/t by the fourth quarter. The broker anticipates both iron ore and geopolitical events will be the main driver of
Rio Tinto ((RIO) in the short term.
Rio Tinto has to decide soon on whether to invest in iron ore in Guinea (Simandou) or transfer ownership to the Chinese. The broker has downgraded ....

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