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SA Mining Sector Battles Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost Pressure and Regulatory Uncertainty: PwC Report

footprint2africa.com - 9/29/2016 1:47:20 PM
Companies had no choice but to cut back on new developments, re-focus on profitable production rather than maximum production to save costs 2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase ...

Futures flat on oil pullback; economic data awaited

Reuters - 9/29/2016 7:42:16 AM
U.S. stock index futures were little changed on Thursday as oil prices lost ground and investors braced for a heavy dose of economic data and comments from Federal Reserve officials. An agreement among major oil producing countries to curb output resulted ...

RUBBER-Tokyo futures prices after evening session September 29

Yahoo Finance - 9/29/2016 2:01:39 PM
at 0630 GMT are the day's official closing prices. * The Tokyo Commodity Exchange launched a new trading platform on May 7 and added a night session between 0800 GMT and 1400 GMT. For rubber, the evening session is 0800-1000 GMT. * For previous rubber ...

Non-oil Commodity prices may reveal improving global growth trends

Forex Street - 9/28/2016 7:07:40 AM
FX markets are still searching for clear direction. We have seen some evidence of a return to demand for higher yielding EM and commodity currencies in a risk constrained environment. Lower global yields and some evidence of economic stability or strength ...

ETF provider WisdomTree investigates benefits of optimised commodity strategies

ETF Strategy - 9/29/2016 1:47:20 PM
At the heart of this lies the uncorrelated nature of individual commodities to one another which, once combined into a single basket, allow for large price movements to be offset against one another. A more diversified basket results in drastically reduced ...

Canadians, Aussies and Kiwis trapped in ‘commodity bust, housing boom’ cycle and the unwinding is going to be painful

Financial Post - 9/29/2016 12:07:07 PM
Canada is not alone in having its central bank backed into a corner, forced to warn about the dangers of high debt and hot housing markets, while powerless to change interest rates as a commodity bust ... crash in oil and metal prices, and a surge of ...

Oil Prices Fall on OPEC Deal Skepticism

The Wall Street Journal - 9/29/2016 3:10:15 AM
an energy analyst at Phillip Futures. Any agreement would be a turnaround from the cartel’s “market-share first” tactic, signaling that producers are feeling the pain of prolonged low prices. Despite something of a rebound this year, brent prices ...

MCX crude oil breaks above resistance

The Hindu Business Line - 9/29/2016 6:12:12 PM
Significant support at ₹2,900, provided base for the Crude Oil futures contract traded on the Multi Commodity ... Following this rally, the crude oil price witness a muted trade on Thursday and hovers at $46.8 levels. Immediate resistances are placed ...

South Africa’s Mining Industry continues to Face Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost ...

EIN Newsdesk - 9/29/2016 8:53:51 AM
2016 marked another challenging year for SA’s mining industry in the wake of subdued commodity prices, an increase in short-term volatility, increased pressure on operating models and regulatory uncertainty. These are some of the highlights from PwC’s ...

Gold futures settle higher after late-session reversal

Market Watch - 9/29/2016 1:58:40 AM
Gold futures turned higher late in Thursday’s session, finding support as losses for the U.S. stock market worsened. Prices for the yellow metal marked their first gain in three sessions. December gold GCZ6, +0.25% rose $2.30, or 0.2%, to settle at $ ...

Gold futures poised for a third-straight session loss

mrtopstep.com - 9/29/2016 6:05:02 PM
Gold futures looked set Thursday for a third-straight session loss ... Overall, “U.S. stock markets are pushing towards new highs” as the rallying oil prices CLX6, +1.64% provide support for energy stocks, said Fawad Razaqzada, technical analyst ...

Oil prices climb on OPEC optimism, but deal skepticism caps gains

CNBC - 9/29/2016 1:08:34 AM
"We think that OPEC is running a dangerous game if the aim is to push the crude oil price higher from here in the short term as it would just activate more U.S. shale oil production," said Bjarne Schieldrop, chief commodity analyst at Nordic bank SEB.

An economic miracle is within our reach

Talk Radio 702 - 9/29/2016 6:12:12 PM
Recovering commodity prices, the passing of the drought and the reversal of our electricity shortage could see us achieve 2% growth. Our 10-year government bond yield is where you’d expect it to be if we were already at junk status. The bad news is ...

North Dakota adds capacity as farmers decide to sell or store crops amid low commodity prices

The Dickinson Press - 9/27/2016 8:20:26 AM
GRAND FORKS, N.D.—North Dakota grain facilities continue to add storage capacity, a much-needed addition as farmers decide what to do with their crops in the wake of low commodity prices and the prospect of a large corn harvest. Licensed grain storage in ...

OGRA urged to take action against LPG ’mafia’ for increasing price without justification

Business Recorder - 9/29/2016 1:54:30 PM
ISLAMABAD: Chairman Liquefied Petroleum Gas Distributors Association Pakistan (LPGDAP) Irfan Khokhar Thursday urged the Oil and Gas Regulatory Authority (OGRA) to take action against the LPG `mafia' for increasing the commodity price without any justification.