Testra says there is a gap between it and NBN company on proposed financial outcome of the proposed national broadband network (NBN). Also Testra is discussing the ways that the gap could be bridge. The talks are continuing.
There were some very optimistic forecasts around this week for mineral demand and prices.
OPEC member countries meet Wednesday night (Australian time) and no change is expected to the current 24.845 million barrels a day production quota.
After rallying nearly $US100 in two months, gold gave up some of those those gains last week, taking many investors in the metal by surprise .
The Australian share market today, rose an almost an 1 per cent at noon led by major resources stock.
Oil prices rose Friday to finish well above $US81 a barrel after the US jobs figures.
Reports show falling trend in production of oil in Australia
A week ago we gave you the thinking of the World Gold Council on the outlook for gold in the coming year.
Citigold Corporation Ltd's aims to further increase production of its flagship project is now heightened after the corporation signed a non-binding development deal with a Chinese company.
According to Barclays Capital the global oil market is moving closer to a new pricing phase in a range of US$80-$90 per barrel.
Steel researchers at MEPS forecast higher prices, and higher production for stainless steel products this calendar year.
Australia's commodity boom keeps growing in strength.
The strong dollar and a strengthening consumer spending in the US, fluctuates crude oil price
The copper market will be rattled by the powerful weekend earthquake that hit Chile and halted production at several major mines and ports.
In contrast to their technical brethren the fundamental analysts at Barclays Capital remain positive on the outlook for nickel prices.
Oil price is below $US80 in Asia
The outlook for oil prices seems for further gains short-term. ANZ suggests this would make oil even more over-valued.
Still no joy for uranium enthusiasts as sellers continue to dominate the spot U3O8 market.
On Monday, oil prices recorded a six-week high at above $US80 a barrel as the US dollar weakens over rising speculation of a Greece bailout in Europe.
Nothing new happened in the spot U3O8 market with few deals forcing the spot price down by another notch.




