Daily FNArena News

South32 has upgraded production guidance for South African manganese by 8% as it flexes output to take advantage of higher prices. The December quarter also revealed weakness at Worsley and Cannington.

As oil prices show resilience above US$60/bbl several brokers are confident that 2018 will be a more positive year for the energy sector.

BT Investment Management’s business made a solid start to FY18 although net outflows, largely from previously disclosed mandate losses, raise a few concerns regarding the outlook.

A glance through the latest expert views and predictions about commodities. 2018 outlook; zinc; iron ore & steel; coal; aluminium; nickel; oil; and Australian miners.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. RBC Capital Markets suspects Fortescue Metals will find it hard to achieve a broad uplift in iron ore grades and cost savings will also be difficult to obtain.

Michael Gable of Fairmont Equities is keeping a close watch on spot gold, suspecting there might be more upside in store.

Ahead of the Herd’s Rick Mills points out a potential new point of global conflict as both China and the US seek to secure critical resources.

FNArena has updated Australian Broker Call Reports for the post Christmas 2017 period. All Reports can be accessed via the Broker Call Archive on the website.

The FNArena service resumes this morning with the Australian Broker Call Report.

This is it from us, folks. After the break, we’ll return on January 15.