Albo reacts to multibillion-dollar ‘obsession’
An obsession with “pork barrelling” has rendered Australia’s infrastructure pipeline ineffective, prompting a wide-scale review.
Mining
Mysterious move could cripple Australia
Recent events in the iron ore industry have raised concerns about its stability, with fresh questions swirling around our key trading partner.
Mine worker dies on BHP site
A 25-year-old worker was killed in an incident early on Anzac Day in what police have described as a “collision”.
‘A bit rich’: Big sign tax changes likely
As a major industry defends its tax payments, the government remains committed to probing whether it should be paying more.
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BHP breaks ranks on iron ore
IT was only two sentences in a quarterly report but a significant split has occurred between Australia’s iron ore giants — BHP has signalled it is slowing its expansion.
Macmahon to axe another 40 jobs
LOSS-making mining services contractor Macmahon will cut another 40 staff and alter its corporate rosters to cut costs.
BHP slows iron ore growth
BHP Billiton has shrugged off price worries to lift iron ore production guidance for this year by two per cent to 250 million tonnes but has delayed growth beyond that.
Atlas Iron seeks suspension extension
ATLAS Iron has asked for an extension to its share trading suspension as it continues carrying out a review and talking with creditors and contractors.
Miner losing $9 for every iron ore tonne
LOSS making iron ore miner Arrium’s cost cuts are failing to keep pace with plunging prices, putting its hopes of a brighter end to the year in doubt.
Mining wages may soon be under pressure
IRON ore giant Fortescue Metals’ roster restructure is likely to be replicated across the industry as weak prices force deep cost cutting.
The hell that’s right here on Earth
LYING hidden in a little-known corner of China is a town that will horrify you, yet it’s responsible for many of the luxuries we take for granted today.
Rio Tinto will ‘thrive’ despite falling prices
RIO Tinto chairman Jan du Plessis says falling prices are hurting rival producers but increased market volatility will actually help the mining giant thrive.
BC Iron should close WA mines
JUNIOR miner BC Iron should prepare to stop production in WA to help save cash if iron ore prices tumble further, analysts say. FORTESCUE ROSTER REJIG
Fortescue rejigs rosters as prices fall
FORTESCUE Metals Group has restructured rosters for mine workers in Western Australia’s Pilbara in its latest move to cope with plunging iron ore prices.
Original URL: https://www.adelaidenow.com.au/business/companies/mining/page/124