Shenghe’s Peak deal hits rules hurdle
A Chinese acquisition of a major stake in an Australian rare earth company is being scrutinised for possible breaches to foreign investment rules.
Mining
Maintenance digs into Newcrest profit
Newcrest Mining will pay a $US7.5c a share interim dividend after declaring a $US298m net profit for the first half of the financial year, substantially down on the previous year.
Miners face axe for refusing jab
Hundreds of mining workers across Australia could be without a job after BHP imposed a vaccine mandate, forcing all workers to get the jab.
Evolution buoyed by golden outlook
Evolution boss Jake Klein says the ‘very strong tailwind’ behind gold and copper prices will help the company outrun rising costs at its own operations.
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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.
Ore slump eats into GST carve-up
NSW is expected to get a smaller than expected slice of the $57 billion GST pie because of the global collapse of the iron-ore price.
Atlas looks to sell assets as price falls
WA’S Atlas Iron is looking to sell assets as it launches an extensive review of its Pilbara operations and finances following steep falls in the iron ore price.
Original URL: https://www.couriermail.com.au/business/companies/mining/page/151