Every worker at BHP mine gets $53k bonus
Striking workers at a mine have been coaxed back to work after every single one was gifted a $53,000 bonus.
Striking workers at a mine have been coaxed back to work after every single one was gifted a $53,000 bonus.
Steadfast on not cutting rates anytime soon, the RBA governor’s comments have done little to dampen the mood on the ASX on Friday.
Amazon executives are being grilled on the company’s murky development of AI and how audio recordings from inside homes are used.
Australia has spent 25 years riding its China luck – but that is all about to come crashing down as a terrifying “iron ore Ice Age” looms.
A coal miner has been remembered as a beloved family man following his tragic death at a mine site on Saturday.
A major investigation has been launched by safety authorities after a “long-serving” and “well-loved” worker died on a mining site.
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
One Australian state enjoys the highest average wages and low unemployment, with the economic “powerhouse” driven largely by one thing.
A controversial uranium mine site will be incorporated into the Kakadu National Park after its owners failed to get the mining lease renewed.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
Twiggy Forrest’s announcement of job cuts affecting his ambitious green hydrogen project shows the failure of the government’s energy plan, the coalition says.
Mining magnate Andrew Forrest has reportedly told staff that 700 jobs will be slashed as his company gets set to restructure.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
A dramatic change in China is having a profound impact on Australia already – and things looks set to get even worse.
A trade war is hotting up over a critical product that Australia has – with one country beating us to the punch.
The Aussie sharemarket has ended the week lower after investors responded to reports Israel launched air strikes against Iran.
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
With Beijing dominating the rare earths market, the Prime Minister is set to step up investment.
It’s worth $136 billion to the economy annually but Australia’s cash cow looks set to “crash upon every global shore”.
Australian shares slipped on Monday trading as investors price in rising geopolitical uncertainty in the Middle East.
Beijing is spending big in order to “de-risk” itself from Australia in a move that could cripple Aussies.
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
In a startling spray, the Treasurer has challenged the economic understanding of his political foes as he defends a major policy change.
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Australia’s largest precious metals mint will celebrate 125 years in operation with the release of five special coins, including a gold coin with a mintage of just 500.
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
Dubbed the “completions crash”, it’s thought to be coming sooner rather than later – and the impact on Australia could be profound.
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
Tragedy has struck at two separate worksites within hours of each other.
After a sharp sell-off during Wednesday’s session, the sharemarket unwound some, but far from all, of its losses on Thursday.
After resetting its intraday record, the benchmark edged lower as traders grew skittish.
Two countries have set their sights on taking on Australia’s multi-billion dollar industry. And they’ve got the money to leave our ambitions in the dust.
Following a rebound in commodity prices, the local benchmark advanced to hit an all-time high on Thursday.
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
Original URL: https://www.adelaidenow.com.au/business/companies/mining/page/2