Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland.

More resources write-downs expected as commodities slump

A steady flow of write-downs across most metals and oil and gas is tipped over the next year, as many of the mining majors tweak their medium-term price forecasts and try to offload non-core assets in a depressed market. Glencore is a candidate to take hits in nickel and possibly other base metals at its interim results, analysts say. If thermal coal prices [...]