Yes I have a positive view point on BHP but they have to haul ass to export as much copper as they can dig up, preferably buy existing mines that are shovel ready or are in production. Anglo would have been beautiful, but Glencore of course along with Trafigura, Mercuria & Cofco had other ideas about protecting their money tree. Henry would have been vomiting out the back of the Boardroom im sure of it.
BHP have got to become a lot more aggressive and start throwing their weight around instead o...

The price of iron ore has experienced notable fluctuations over the past 12 months due to various factors such as global demand, supply chain issues, and geopolitical events. Here's a general overview:
Early 2023: Iron ore prices were relatively stable, with prices hovering around USD 100-130 per metric ton. Demand was consistent, and supply was stable.
Mid-2023: Prices saw some volatility, influenced by fluctuations in demand from major consumers like China and supply disruptions from key produ...

Australia’s core inflation unexpectedly decelerated last quarter, supporting the Reserve Bank’s view that prices will gradually ease and prompting money markets to boost bets on an interest-rate cut. The currency and bond yields dropped.
Traders abandoned wagers on policy tightening at the RBA’s meeting next week after the closely-watched trimmed mean inflation gauge, which smooths out volatile items, advanced 3.9% in the second quarter fr...

Where do we start? Here's a short list of potential problems that could really hammer the Australian economy in the next little while.
Global growth is slowing. As a result, central banks across the developed world are looking forward, focusing more on avoiding recession than choking off inflation.
Canada cut rates again last week, concerned about its slowing economy and rising unemployment, with the European Central Bank, the Bank of England, the US Federal Reserve and...