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Gold 1325 vs 1304   , $/R 10.86 vs 11.00  , Copper 7.23 vs 7.17        , Nickel 14.32 vs 14.16       , Oil 100.73 vs 100.22



HMY

+3.24%   



GLNCY

+2.82%   

Stocks across the region felt the benefit with MSCI's index of Asia-Pacific shares outside Japan up 0.7 percent, bringing its gains to almost 6 percent in eight sessions. Even Japan's Nikkei (NIK:^9452) managed to shrug off a firmer yen and soft domestic data to gain 0.5 percent

Gold 1317 vs 1325    , $/R 10.85 vs 10.86  , Copper 7.18 vs 7.23        , Nickel 14.34 vs 14.32       , Oil 100.70 vs 100.73

Japanese shares surged and the yen sagged on Tuesday after the Bank of Japan doubled loan programs aimed at stimulating bank lending and economic growth, while most other Asian shares were softer after solid gains in recent sessions. Japan's Nikkei average (NIK:^9452) rose as much as 3.5 percent after the BOJ extended and expanded special loan facilities aimed at driving more funds through the banking sector to borrowers. "Speculators jumped on the news

Frikkin hell ... ... ... any1 saw this coming?

Report for the half year ended 31 December 2013
This statement includes the consolidated results of the BHP Billiton Group, comprising
BHP Billiton Limited and BHP Billiton Plc, for the half year ended 31 December 2013
compared with the half year ended 31 December 2012.
This page and the following 74 pages comprise the half-year information given to ASX
under Listing Rule 4.2A and released to the market under UK Disclosure and
Transparency Rule 4.2.2R and should be read in conjunction with the 2013 BHP Billiton
Group annual financial report.
The results are prepared in accordance with IFRS and are presented in US dollars.
US$ Million
Revenue up 5.9% to 33,948
Profit attributable to the members of the
BHP Billiton Group up 82.9% to 8,107     

Gold 1316 vs 1317      , $/R 10.86 vs 10.85    , Copper 7.21 vs 7.18 , Nickel 14.46 vs 14.34       , Oil 102.88 vs 100.70


HMY 

+2.19% 



GLNCY

+1.77% 

Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after soft U.S. economic data argued for the Federal Reserve to be patient on stimulus. The action was light, with MSCI's broadest index of Asia-Pacific shares outside Japan barely budging. Japan's Nikkei pared its early losses to be off 0.6 percent, battling to maintain the momentum of Tuesday's

Resources .. be careful..

A preliminary February purchasing managers’ gauge from HSBC Holdings Plc and Markit Economics fell to 48.3, signaling a second month of contraction for Chinese manufacturing and missing an economists’ estimate for 49.5. The yen gained after Japan’s trade deficit widened to a record in January, as surging import costs weigh on Prime Minister Shinzo Abe’s efforts to renew growth. The International Monetary Fund warned of risks to world growth before data today that may show U.S. jobless claims fell and a gauge of leading indicators rose.

“People globally underestimate the downside risk to the Chinese economy,” Dariusz Kowalczyk, a Hong Kong-based strategist at Credit Agricole CIB, said in a Bloomberg Television interview. “The economy is not just slowing but there’s a lot of financial risks here. The chance of a crisis is rising and very real.”

China PMI

Gold 1312 vs 1316      , $/R 11.06 vs 10.86    , Copper 7.15 vs 7.21 , Nickel 14.28 vs 14.46       , Oil 103.04 vs 102.88



HMY 

-0.61%   



GLNCY

+0.35%   

UBS AG boosted forecasts for gold in 2014, citing a change in U.S. investors’ attitudes toward the precious metal that’s rallied this year on increased haven demand and buying from Asian consumers.

The one-month forecast was raised to $1,280 an ounce from $1,180, while the three-month outlook was increased to $1,350 from $1,100, analysts Edel Tully and Joni Teves said in a report. Gold may average $1,300 in 2014 from a previous estimate of $1,200, they said, while holding the 2015 target at $1,200.

Bullion climbed this year to the highest level in three months as signs the U.S. economy wasn’t recovering in line with expectations boosted demand for a haven. The more bullish view from UBS contrasts with outlooks from Societe Generale SA and Goldman Sachs Group Inc., which expect the metal to falter as the Federal Reserve presses on with cuts to stimulus. Gold slumped 28 percent in 2013 as investment holdings contracted.

“Gold has started to shed its stigma, if slowly,” Tully and Teves wrote in yesterday’s report. “Over the past thirteen months gold was either the favorite asset to short or to ignore completely. Recent developments, however, suggest that this is no longer the case, and momentum is returning.”

Gold for immediate delivery was at $1,313.43 at 7:27 a.m. in London from $1,311.60 yesterday. Prices rose to $1,332.45 on Feb. 18, the highest since Oct. 31, and are headed for a second monthly climb. This year, bullion is up 8.9 percent as the MSCI All-Country World Index of equities lost 1.1 percent.

Gold 1326 vs 1317      , $/R 10.92 vs 11.01    , Copper 7.13 vs 7.18 , Nickel 14.20 vs 14.30       , Oil 102.50 vs 102.71


HMY

+1.20%   



GLNCY 

-0.18%   

Asian stocks dropped and the dollar firmed on Monday, as investors looked past the Group of 20's latest commitment to spur faster global growth and turned their focus back to the impact of the U.S. Federal Reserve's stimulus withdrawal. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.6 percent, while Japan's


 

HULAMIN LIMITED
("Hulamin" or "the group")
Registration number: 1940/013924/06
Share code: HLM
ISIN: ZAE000096210

Audited Results and withdrawal of cautionary announcement
for the year ended 31 December 2013


HIGHLIGHTS
-  Normalised earnings up 251% to R201 million
-  HEPS increased by 128% to 57 cents per share
-  Positive cash flow before financing activities of R135 million
-  Non-cash once-off net impairment charge of R1,53 billion
-  Growing local sales contribution
-  Improved performance from Hulamin Extrusions

Eskom declared new power emergency last Friday, blackouts in residential urban areas (first time in five years apparently) on the cards.

Must be looking for another big increase