Market Pulse - Commodities
Caixin China factory sector PMI drop sharply in September
Manufacturing sector activity in the People's Republic of China slowed to its weakest in a year last month according to the results of a key survey, amid a sharp decline in overseas demand and concerns over global trade spats.
Randgold fires back at Congo state miner over merger dispute
Randgold on Friday refuted reports from Congo's state miner Sokimo that a merger with Barrick will see a new partner in the Kibali joint venture in the Democratic Republic of Congo.
Savannah Petroleum losses widen throughout 'very busy' first half
Savannah Petroleum's net loss widened significantly during its "very busy first half".
Rio Tinto sells off Grasberg mine to Indonesian state-run mining outfit
Rio Tinto has signed a binding agreement for the sale of its interest in Indonesia's Grasberg mine.
WTI dips after weekly DoE oil inventory numbers
US oil stockpiles rose last week despite a drop in the country's net imports, helped by higher domestic production and a drop in refinery demand.
Commodities: Analysts see potential for oil price spike towards $100 a barrel
The market spotlight was firmly on the oil price on Tuesday as West Texas Intermediate crude oil futures continued to trade just off their highest level in four years.
Amerisur tumbles after 'disappointing' lack of potential at Colombian target
Oil and gas company Amerisur Resources saw its shares fall on Tuesday after the firm revealed that its main target in Colombia has no oil producing potential.
ERC Minerals discover large gold system in Australia
ERC Minerals announced on Tuesday that exploration mapping undertaken at the Creswick project in Australia has found a large gold system in the Dimocks Main Shale gold targets.
Volvo halts Iran truck operations over US sanctions
Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.
Oil price rises to four-year high
Brent crude oil gained 2% to $80. 75 on Monday morning, its highest price in four years after Opec's weekend meeting and amid heightened tensions between the US and Iran.
Regal Petroleum profits rocket as production kicks up a gear
Oil and gas exploration and production group Regal Petroleum saw its shares rise on Friday as its first-half profits shot up on the back of a jump in revenue.
China fights back against US with $60bn of new tariffs
Beijing struck back at Donald Trump’s latest round of trade tariffs on Tuesday, imposing their own sanctions on $60bn worth of US goods.
Mosman Oil and Gas 'cautiously' approaches further investment in Arkoma project
Mosman Oil and Gas remain confident that its Arkoma project will bear fruit, but told investors on Tuesday that until steady flow rates can be demonstrated over a period of time, the decision to invest further funds into the asset will be "cautiously approached".
Commodities: Baker Hughes data weighs on WTI Rusal news lifts metals
Commodities were modestly lower on Monday, despite a dip in the US dollar index, following a bearish reading for a key survey on US energy exploration.
China will not 'play defence' in US trade war, says Global Times
China will respond to "unilateral" US tariffs with firm countermeasures in the escalating trade war between the two countries, according to a report from widely read Chinese newspaper Global Times.
Greatland Gold launches second drilling programme at Western Australian asset
Greatland Gold has kicked off its second drilling programme at its Havieron asset in order to test the extent and direction of a high-grade zone of gold and copper mineralisation uncovered during the firm's maiden drill campaign.
Week ahead: Global trade, Brexit, EMs still in focus
Investors will have little choice but to keep their eye on developments on multiple fronts over the coming week, with global trade talks between the US and China, or the lack thereof, likely to be the biggest driver of markets around the world.
US set to impose 10% tariff on $200bn of Chinese goods
The White House is set to announce new tariffs on as many as $200. 0bn-worth of Chinese-made goods, probably towards the start of the coming week.
Ophir Energy will 'significantly downsize' its London operations
Ophir Energy will "significantly downsize" its presence in London ahead of its transitioning into being an Asia-led firm.
Director dealings: Ophir's interim CEO ups stake
Ophir Energy's interim chief executive Alan Booth purchased 100,000 ordinary shares in the firm on Thursday.