Markets Copper hits $10k a ton as BHP takeover bid shows tight supply pipelineThe BHP Group’s mega-bid for Anglo American shows that many miners would prefer to buy rivals than trigger new projects
UK Over 3,000 jobs at risk in Wales as Tata Steel plans to shut down loss-making furnacesThe firm has done a £500 million deal with the British government to support a transition to making steel in electric arc furnaces
Companies Origin unveils €20m share buyback scheme after strong start to its 2024 financial yearThe Dublin headquartered company, which provides crop inputs and agronomy services for farmers, said food commodity prices are falling sharply this year
Companies Origin Enterprises closes loss-making Ukraine business as full-year profits fall sharplyThe Dublin-listed agri-services group reported a double-digit fall in profits for its 2023 financial year to the end of July
Inflation Lavazza: coffee prices set to remain high into next yearThe Italian coffee giant is warning of a double-digit drop in earnings in 2023 amid soaring costs
Stock Take Tara Mines owner to halt Irish operations until further noticeBoliden, the Swedish owner of Europe’s largest zinc mine, based in Co Meath, cites soaring costs and weak market prices
Stock Take Lorcan Allen: Reversal in prices may be on horizon due to Chinese woesInflation may be stabilising due to a contraction in Chinese manufacturing output – but when will lower food, energy and construction costs reach consumers?
Companies Kenmare forecasts weaker demand due to falling commodity pricesIrish mining company, which operates the Moma mine in Mozambique, said last week that it would return over $50 million in dividends to shareholders
The Big Picture Vincent Boland: Glencore’s shaming lifts the lid on the murky business of commodity tradingThe metals and energy trading giant is finally facing a reckoning after decades of alleged dubious business practices. Other Big Commodities should face similar scrutiny
Kenmare Resources triples shareholder dividend after record year in 2021The Irish mining company reported record sales and profits as global demand for its titanium mineral products continues to exceed supply
Could Russia’s war in Ukraine trigger a fresh recession across Europe?Volatility is gripping the world’s commodity markets as Russia attacks Ukraine, with potentially wide-ranging ramifications for Ireland on everything from food prices to energy bills
Company watch: United Oil & Gas stands strong after market recoveryBrian Larkin’s Dublin-based company takes advantage of low operating costs and high-quality product in Egypt
Tullow Oil swings back to profit for the first half of 2021The oil and gas exploration company issued an improved outlook for this year thanks to rising oil prices and the completion of a significant debt refinancing programme
Fresh warnings of house price hikes amid concern over building materials inflation Figures in the Irish construction industry have warned that the rising cost of timber, concrete and steel will translate into higher costs for housing next year
Chadwicks and Woodie’s owner reports record half-year profitsGrafton Group saw jump in sales and profits in the first six months of 2021 due to unprecedented demand for materials from the construction industry and substantial inflation in prices
Prices for construction materials set to remain high, according to BHPOne of the world’s largest mining companies says it expects no dip in global prices for key commodities such as copper and steel over the coming year
Against the grain: how crop prices are gaming the property marketGlobal commodity markets are in the midst of the heaviest bull run since 2013, and it’s not only affecting the agricultural sector: key players in the Irish construction industry are warning that new homes may soon be outside the reach of average first-time buyers