Tag Archives: S&P/ASX 200 RESOURCES

Total zircon/rutile/synthetic rutile Quarterly production update

Quarterly production update: Total zircon/rutile/synthetic rutile (Z/R/SR) production in the second quarter was 221 thousand tons inclusive of Sierra Rutile, with 177 thousand tonnes from Iluka’s Australian and US operations. The Tutunup South mine in south-west Western Australia continued to be Iluka’s only Australian mine in operation. During the quarter, 160 thousand tons of heavy mineral concentrate (HMC) was produced

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2 Growth companies in the resources sector – Iluka Resources Ltd and Altura Mining Ltd.

Quarterly production update: Total zircon/rutile/synthetic rutile (Z/R/SR) production in the second quarter was 221 thousand tons inclusive of Sierra Rutile, with 177 thousand tonnes from Iluka’s Australian and US operations. The Tutunup South mine in south-west Western Australia continued to be Iluka’s only Australian mine in operation. During the quarter, 160 thousand tons of heavy mineral concentrate (HMC) was produced

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Origin Energy Limited Reducing debt and improving returns

Reducing debt and improving returns: Recently, Origin Energy Limited (Origin) had entered into an agreement with Jemena Gas Pipelines Holdings Pty Ltd (Jemena) for the sale of Darling Downs Pipeline Network for $392 million. The transaction lifts sales from Origin’s asset divestment program announced in September 2015 to $1 billion, considerably higher than the original $800 million target and the

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3 catalysts to push Origin Energy Ltd shares higher this year

Reducing debt and improving returns: Recently, Origin Energy Limited (Origin) had entered into an agreement with Jemena Gas Pipelines Holdings Pty Ltd (Jemena) for the sale of Darling Downs Pipeline Network for $392 million. The transaction lifts sales from Origin’s asset divestment program announced in September 2015 to $1 billion, considerably higher than the original $800 million target and the

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Santos Ltd Ongoing cost control focus and positive guidance

Ongoing cost control focus and positive guidance: Santos Ltd (ASX: STO) stock rallied over 8.2% on July 20th, 2017 after the group’s strong second quarter performance. Santos controlled their net debt position by US$600 million to US$2.9 billion as compared to 2016 year end and expects a free cash flow breakeven for 2017 which currently reached US$33 per barrel from US$47

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Rio Tinto Limited Better than expected second quarter performance

Better than expected second quarter performance: Rio Tinto Limited (ASX:RIO) reported Pilbara iron ore shipments of 77.7 million tons in the second quarter of 2017 (100 per cent basis), which is a decrease of 6% as compared to the prior corresponding period. This decline was mainly on the back of accelerated rail track maintenance. The group expects Iron ore shipments

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