BHP’s Henry triages nickel: Now come the hard choices
Even with nickel’s reputation for volatility, the speed of the price collapse took those inside BHP by surprise.
Even with nickel’s reputation for volatility, the speed of the price collapse took those inside BHP by surprise.
Prime Minister Anthony Albanese has inked a multi-billion dollar promise to the voters of WA and he wants a tattoo to prove it.
A negative ruling for its efforts to sell its $4.9bn lender to ANZ has bigger implications beyond Suncorp’s immediate future.
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
Chris and Bec Judd could be hundreds of thousands of dollars worse off after a company they invested in hit the wall.
It was a mixed day for the Australian sharemarket, which was down overall for the week.
The Australian sharemarket made gains on Thursday in sectors including technology, banking and utilities.
Aussies are being offered a very enticing package to fill a labour shortage – including ‘resort-style’ living.
Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
Another 400 jobs are on the line — with 1000 Aussies having already lost their positions — in an industry that is taking an absolute hammering.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
The ASX came within 2.3 points of breaking its record high set almost two and a half years ago.
The energy sector propelled the benchmark higher on Monday as fears of a broadening of conflict in the Middle East intensified.
Australia’s attempts to have a Swiss lawyer representing Clive Palmer booted from an international tribunal have fallen flat.
Places across the country are facing immense pain with the demise of industries that have been their lifeblood for decades.
Australia’s richest women is known for her savvy business and a recent investment has led to speculation that she is “waiting in the wings to pounce”.
Domino’s Pizza has suffered a huge blow to its share price despite reaching a six year sales high due to one issue.
Authorities have commenced a recovery mission after a Rio Tinto charter flight crashed on its way to a Canadian mine, killing multiple people on board.
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Buoyed by a rally in health care stocks and a positive lead from Wall Street, the local market climbed for a third straight session – its longest for the year.
With households and businesses facing a potential gas supply shortfall, a new agreement has been signed to drive down prices.
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
The mining giant is fast falling out of love with the metal and may rethink its longer-term commitment to the critical mineral used in EV batteries.
With Australia and China talking again, the mining boss is getting a close-up view of the potential.
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
In paying a hefty outlay today for the benefit of tomorrow’s investors, BHP’s Mike Henry is trying to rewire how markets think.
Traders have ended the day on a high after poor results on the Australian share market earlier this week.
The chair of Australia’s biggest miner has defended the company’s $2m donation in support of the Voice to Parliament.
Australia’s biggest company is betting almost $24bn on a massive new project designed to keep a growing world fed and healthy.
Despite sharp losses in mining stocks, the Aussie share market closed higher on Tuesday.
The message from annual meetings is clear: with returns going nowhere shareholder patience is wearing thin.
Despite a surprise 1.2 per cent reacceleration of inflation in the September quarter, the Aussie share market closed flat.
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
The world’s biggest miners are spending billions of dollars as they square up to the next big energy hurdle: switching off diesel.
An Aussie city is furious and devastated after a crushing blow that means more than 1200 jobs up in the air.
Fears of an escalation of the Israel-Hamas has shaved 1.2 per cent off the Australian share benchmark on Friday.
The sharemarket has cheered the news of a mega mine deal, but environmentalists say it’s a catastrophe for the climate crisis.
An international mining giant has revealed it will close a 60-year-old mine, casting doubt on more than 1000 jobs.
Resources companies are unloading mountains of cash on to investors through high dividends. Can it continue?
There was cautious trading to kick off the week as investors monitor news of the ongoing Israel-Gaza war.
Despite a stronger lead from Wall St overnight, the share market was flat on Thursday, dragged lower by health stocks.
Following the shock incursion by Hamas into Israel, the ASX edged higher on Monday buoyed by surging energy and gold stocks.
Former WA premier Mark McGowan, who quit politics this year claiming he was “exhausted” from political life, has taken on several new high-profile roles.
A Senate committee is hearing from some of the nation’s heaviest-hitting unions as it considers amendments to Fair Work laws.
The world needs a lot more copper to transition to an electric vehicle age and one mining giant is using AI to help solve the supply crisis.
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Police have made two arrests after workers at a remote mine site allegedly battled with up to five axe-wielding attackers.
After oil prices tumbled and Wall Street finished higher overnight, the local benchmark ended its three-day losing streak to finish in the green on Thursday.
Original URL: https://www.adelaidenow.com.au/business/companies/mining/page/5