Commodities - Australia

Australia’s Newcrest to buy Canadian copper and gold mine for $807mn

Australia’s Newcrest to buy Canadian copper and gold mine for $807mn

Australian gold miner Newcrest Mining Ltd said on Monday it had agreed to acquire a copper and gold mine in Canada for $806.5 million, just...

Soybeans edge higher as traders hope for U.S.-China trade deal

Soybeans edge higher as traders hope for U.S.-China trade deal

SYDNEY: U.S. soybean futures edged higher on Tuesday as optimism grew about a trade deal between Washington and Beijing ahead of a visit to the...

Australian wheat production falls to 11-year low as drought bites

Australian wheat production falls to 11-year low as drought bites

SYDNEY: Australia's wheat production fell to an 11-year low during the 2018/19 season, the country's chief commodity forecaster said on Tuesday, after an east coast...

Soybean prices inch up, creep away from three-week low

Soybean prices inch up, creep away from three-week low

SYDNEY: U.S. soybean futures edged up on Monday to ease away from a near three-week low touched in the previous session, but ample North American...

Australia’s Pacific National says coal train derailed, services disrupted

Australia’s Pacific National says coal train derailed, services disrupted

MELBOURNE: Australian coal haulier Pacific National said on Thursday that one of its trains derailed near the Hunter Valley in New South Wales and that...

Glencore says heavy rain disrupts production at two Australian coal mines

Glencore says heavy rain disrupts production at two Australian coal mines

MELBOURNE: Glencore said on Wednesday that production at two of its Australian coal operations has been affected by heavy rain that has brought floods to...

Soybeans firm as market eyes U.S.-China trade breakthrough

Soybeans firm as market eyes U.S.-China trade breakthrough

SYDNEY: U.S. soybean prices rose more than 0.5 percent on Friday amid heightened hopes for a trade deal between Washington and Beijing, although the oilseed...

Soybeans steady, but set for weekly loss as trade woes weigh

Soybeans steady, but set for weekly loss as trade woes weigh

SYDNEY: U.S. soybean futures held steady on Friday, though the oilseed is poised to record a weekly loss amid concerns over future demand for North...

Global dairy prices rise again at auction

Global dairy prices rise again at auction

WELLINGTON: Global dairy prices rose at the first auction of the year on Wednesday, continuing a recovery after falling throughout most of last year. The GDT...

Rio Tinto says no job cuts in 2019 due to driverless train project

Rio Tinto says no job cuts in 2019 due to driverless train project

Australian mining company Rio Tinto Plc  said on Friday it does not expect to cut jobs in 2019 even though it has deployed automated heavy-haul...

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