May 2019
China steelmaker poised to gain full ownership of WA magnetite mine
An independent expert backs Ansteel's offer for Gindalbie
- Brad Thompson
February 2018
- Analysis
- OZ Minerals
Mongolian consent the elephant in Oyu Tolgoi room for activists
Following the letter of the law in developing nations doesn't always add up to ethical business.
- Updated
- Peter Ker
February 2017
Clive Palmer, CITIC fight plays into Andrew Forrest and Fortescue's hands
The messy fight between Clive Palmer and China's CITIC has few winners, but Andrew Forrest could yet be one of them.
- Updated
- Peter Ker
January 2016
- Duedilligence
- Rail
Aurizon runs hard to stand still after $2 billion wiped off market value
It's a sobering start to the year for Aurizon. Just six weeks ago, the rail group's stock price was trading at record highs, having more than doubled since its $6 billion float.
- Updated
- Jenny Wiggins
Aurizon stock falls further on Karara Mining exposure, iron ore price slump
Aurizon investors have been rattled by the potential collapse of Karara Mining as they assess the rail group's exposure to other iron ore miners.
- Updated
- Jenny Wiggins
Iron ore victims mount but is it worth finding a villain?
With a huge iron ore project in WA on the verge of collapse, Senator Xenophon has called for an inquiry into the iron ore market. It wont prove much.
- Updated
- Tess Ingram
The bear market comes to Point Piper
Iron ore Gindalbie Metals producer may not be long of this world, which could create buying opportunities in Sydney's Harbourside enclave of Point Piper.
- Updated
- Will Glasgow and Joe Aston
The rise and fall of Dick Smith's Nick Abboud
Nick Abboud was an up-and-coming senior executive at Myer, earning just over $627,000 a year, before he got his big break at Dick Smith.
- Updated
- Michael Smith
Aurizon downside risk yet to play out
Concerns over the viability of Gindalbie Metals' Karara Mining iron ore venture in Western Australia has raised an additional question mark for Aurizon.
- Updated
- Brian Robins
December 2014
Company disasters – schadenfreude cheer to end the year
Christmas being a cheerful time of year, Pierpont will spend today trying to spread a little joy amongst his readers.
- Updated
- Pierpont
October 2014
Karara Mining disagrees on WA nature reserve
Chinese-backed Karara Mining is under pressure to relinquish a mining tenement in West Australia, which the state’s environmental watchdog says is stalling long-held plans for a nature reserve in the Mid West.
- Updated
- Tess Ingram
Billiton to cut jobs as price falls
BHP Billiton plans to shed hundreds more jobs, adding to the thousands of contractors and employees that have left its operations over the past few years as it continues to cut costs in the face of a falling iron ore price.
- Updated
- Julie-anne Sprague and Tess Ingram
September 2014
Iron price too low for the little guys
Perth mining entrepreneur Tony Sage says a raft of high-cost junior miners face a battle to stay afloat amid a sustained decline in the iron ore price to fresh five-year lows.
- Updated
- Tess Ingram and Brian Robins
Iron ore producers’ breakeven costs under scrutiny
With the iron ore price down 40 per cent since the start of the year, investors and analysts are revisiting the major producers’ breakeven costs.
- Updated
- Sarah Thompson, Anthony Macdonald and Jake Mitchell
August 2014
Iron ore slips below $US90 a tonne
Updated | The vice-like grip of oversupply and high cash costs will be pressuring Australia’s iron ore miners, as the metal’s price drifts lower and margins evaporate.
- Updated
- Max Mason
June 2014
IMX Resources’ Cairn Hill iron ore mine in administration
Updated | The slump in the iron ore price has claimed its first victim, with IMX Resources’ Cairn Hill mine falling into administration and fears growing that other high-cost mines may face a similar fate.
- Updated
- Angela Macdonald-Smith
April 2014
Mining minnow Padbury claims to find $6bn backer
A tiny mining company has $6 billion worth of questions to answer after a bizarre day that saw more than 200 million shares traded in a wildly uninformed market.
- Updated
- Peter Ker | Amanda Saunders
March 2014
Iron ore volatility opens door for Asian investment
Volatile iron ore markets are expected to dampen enthusiasm by Australian investors to finance fresh mining projects, potentially opening the door for a fresh wave of Asian investment to the sector.
- Updated
- Julie-anne Sprague
December 2013
Gindalbie sells hematite project to Mount Gibson
Updated | Gindalbie Metals has liquidated $12 million worth of non-core assets with scope to receive up to $3 million in royalties, in a move that may help the miner preserve its stake in the Karara magnetite project.
- Updated
- Michael Hobbs
Carbon uncertainty as risky as high prices
Regulatory uncertainty over carbon policy poses almost as many risks for ASX 200 companies as high prices do, according to the latest statement from the Carbon Disclosure Project.
- Updated
- Angela Macdonald-Smith