COMMODITIES NEWS
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Wed, 20 Aug 2008 01:46:00 GMT
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Brazil's CSN to sell iron ore mine
Wed, 20 Aug 2008 01:46:00 GMT
Brazilian steelmaker CSN says it expects to sell part or all of its Namisa iron ore mine by early October at the latest. Companhia Siderurgica Nacional (nyse: SID - news - people ) spokeswoman Flavia Ferreira says the final bids for the mine should be in
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China produces 16m tons of crude oil in July
Wed, 20 Aug 2008 01:46:00 GMT
China Petroleum and Chemical Industry Association (CPCIA) said on Tuesday the country had produced 16.17 million tons of crude oil in July, up 5 percent over the same month last year. This brought the nation's crude oil production to 110 million tons in
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Steel price threat to China ore imports
Wed, 20 Aug 2008 01:42:00 GMT
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Drought forces Iran to boost wheat imports
Wed, 20 Aug 2008 01:42:00 GMT
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Crude oil rebounds
Wed, 20 Aug 2008 01:36:00 GMT
NEW YORK, Aug. 19 (Xinhua) -- Crude oil surged back above 116 U.S. dollars a barrel Tuesday after the dollar fell against the euro on a weaker U.S. economic report. Light, sweet crude for September delivery hit 116.65 dollars a barrel before retreating
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Support for WA-based wheat export futures contract
Wed, 20 Aug 2008 01:24:00 GMT
Commodities traders believe a new Western Australian based 'wheat export futures market' will create a more transparent and flexible pricing system. The stock exchange will develop the futures contract to cater for the increase in demand in the newly
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Corn up, wheat and soybeans down Tuesday
Wed, 20 Aug 2008 01:24:00 GMT
CHICAGO, Aug. 19 (UPI) -- Grain prices were mixed on the Chicago Board of Trade Tuesday with corn prices gaining, while wheat and soybeans prices fell. Traders said South Korean mills would likely return to a buying position. Japan and Pakistan put out
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Crude oil prices turn upward Tuesday
Wed, 20 Aug 2008 01:24:00 GMT
- (0.00% ) Quotes delayed at least 20 mins. NEW YORK, Aug. 19 (UPI) -- Crude oil prices turned upward on the New York Mercantile Exchange Tuesday. Oil prices gained in step, but in the opposite direction, of the U.S. dollar, which fell against the euro
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BIO hails robust corn and soybean crop forecast
Wed, 20 Aug 2008 01:19:00 GMT
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Commodities give Aussie a lift
Wed, 20 Aug 2008 01:16:00 GMT
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Brazil's CSN to sell iron ore mine
Wed, 20 Aug 2008 01:12:00 GMT
SAO PAULO, Brazil (AP) - Brazilian steelmaker CSN says it expects to sell part or all of its Namisa iron ore mine by early October at the latest. Companhia Siderurgica Nacional spokeswoman Flavia Ferreira says the final bids for the mine should be in by
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Crude oil rebounds on falling dollar
Wed, 20 Aug 2008 01:10:00 GMT
NEW YORK, Aug. 19 (Xinhua) -- Crude oil surged back above 116 U.S. dollars a barrel Tuesday after the dollar fell against the euro on a weaker U.S. economic report. Light, sweet crude for September delivery hit 116.65 dollars a barrel before retreating
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Brazil's CSN to sell Namisa iron ore mine by October
Wed, 20 Aug 2008 01:09:00 GMT
- 8:58 p.m. SAO PAULO, Brazil (AP) - Brazilian steelmaker CSN says it expects to sell part or all of its Namisa iron ore mine by early October at the latest. Companhia Siderurgica Nacional spokeswoman Flavia Ferreira says the final bids for the mine
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Profit Taking Erases Early Gains in the Soybean Pit
Wed, 20 Aug 2008 01:06:00 GMT
Crude oil traded higher today and that allowed the grain and oilseed markets to once again focus on the fundamentals. Concerns over emerging dryness in the Midwest provided support, although trade was quite erratic in generally light trade volume. As
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Bullion To Self-Fund Oil Shale Technology Demonstration Project
Wed, 20 Aug 2008 01:04:00 GMT
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Brazil's CSN to sell iron ore mine
Wed, 20 Aug 2008 01:01:00 GMT
Companhia Siderurgica Nacional spokeswoman Flavia Ferreira says the final bids for the mine should be in by mid-September and that the sale of part or all of the mine should be announced no later than early October. Ferreira said Tuesday that company
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Victoria Gold Corp. to buy Gateway Gold in share swap deal
Wed, 20 Aug 2008 00:53:00 GMT
VANCOUVER - Victoria Gold Corp. (TSXV:VIT) has struck a share-swap deal valued at $6.5 million to take over Gateway Gold Corp. (TSX:GTQ), a move it says improves its chances of a 'significant discovery.' Toronto-based Victoria said Gateway's properties
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Takara acquires gold-zinc properties in British Columbia
Wed, 20 Aug 2008 00:53:00 GMT
TORONTO - Takara Resources Inc. (TSXV:TKK), a Toronto-based junior mineral developer, says it has struck a deal to acquire the Big Bar, Baez, Ospika projects and five other properties in the central interior of British Columbia. Under the agreement,
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China produces 16.17 mln tonnes of crude oil in July, up 5 pct
Wed, 20 Aug 2008 00:51:00 GMT
China Petroleum and Chemical Industry Association (CPCIA) said on Tuesday the country had produced 16.17 million tonnes of crude oil in July, up 5 percent overthe same month last year. This brought the nation's crude oil production to 110 million tonnes
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$A stronger on commodities
Wed, 20 Aug 2008 00:49:00 GMT
The Australian dollar pulled away from recent seven-month lows, supported by a rebound in commodity prices and a lower US currency which took a breather from a rally that has lifted it to multi-month highs. The benchmark CRB commodities index rose 1.08
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High commodity prices save the day for exports
Wed, 20 Aug 2008 00:47:00 GMT
MUMBAI: The slowdown in the US on account of the crisis in the subprime mortgage market has not impacted India?s exports as expected by many. In 2007-08, exports continued to maintain its high growth tempo despite the effects of subprime crisis visible
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Stocks: Open Lower On Wall Street Slump, Higher Crude Oil
Wed, 20 Aug 2008 00:45:00 GMT
Extract not available.
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Silver lining on home prices
Wed, 20 Aug 2008 00:44:00 GMT
Home prices continue to tumble across the country, making homes more affordable in most U.S. cities, according to a new report released Tuesday. Nationally, 55% of homes sold from April through June were affordable to families earning the U.S. median
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Agricultural Commodities still 70% Below Their Inflation Adjusted highs of the 1970s
Wed, 20 Aug 2008 00:42:00 GMT
/FSC/ - Agcapita Farmland Investment Partnership (AFIP - 0), The world is still in the early stages of the current secular bull market in commodities. Agcapita's research shows that over the last 100 years commodity bull markets have lasted approximately
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Significant Land Package Optioned Adjacent To U.S. Gold Corp. Project
Wed, 20 Aug 2008 00:42:00 GMT
FSC / Press Release Vancouver, British Columbia CANADA, August 19, 2008 /FSC/ - Klondike Silver Corp. (KS - TSX Venture, KLSVF - OTCBB_Pink_Sheets), is pleased to report, subject to regulatory approval, the option of the San Luis property in Sinaloa
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Commodity trade may be reduced
Wed, 20 Aug 2008 00:22:00 GMT
The finance ministry is likely to reduce the commodities transaction tax (CTT) rate. The tax, the only new one introduced in the Union Budget 2008-09, is yet to be notified, though it was approved by the Parliament in April this year. The notification
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Aussie dollar gains ground on firmer commodities
Wed, 20 Aug 2008 00:21:00 GMT
SYDNEY, Aug 20 (Reuters) - The Australian dollar pulled away from recent seven-month lows on Wednesday, supported by a rebound in commodity prices and a lower U.S. currency which took a breather from a rally that has lifted it to multi-month highs. * The
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Aussie dollar gains ground on firmer commodities
Wed, 20 Aug 2008 00:17:00 GMT
SYDNEY, Aug 20 (Reuters) - The Australian dollar pulled away from recent seven-month lows on Wednesday, supported by a rebound in commodity prices and a lower U.S. currency which took a breather from a rally that has lifted it to multi-month highs.
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Aussie dollar gains ground on firmer commodities
Wed, 20 Aug 2008 00:10:00 GMT
SYDNEY, Aug 20 (Reuters) - The Australian dollar pulled away from recent seven-month lows on Wednesday, supported by a rebound in commodity prices and a lower U.S. currency which took a breather from a rally that has lifted it to multi-month highs.
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Aussie dollar gains ground on firmer commodities
Wed, 20 Aug 2008 00:05:00 GMT
SYDNEY, Aug 20 (Reuters) - The Australian dollar pulled away from recent seven-month lows on Wednesday, supported by a rebound in commodity prices and a lower U.S. currency which took a breather from a rally that has lifted it to multi-month highs. * The
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