Hawsons confident of new iron ore front
Iron ore hopefuls have been kicking the rocks along the Braemar Formation, stretching from South Australia up toward Broken Hill, without luck for decades.
Mining
Palmer’s big claim about McGowan
Mining magnate Clive Palmer has made a big claim about WA Premier Mark McGowan as a high stakes defamation trial kicks off.
Chinese major buys stake in Peak Rare Earths
The Shanghai-listed Shenghe Resources Holding paid about $1 a share for the stake late last week, buying a 19.9 per cent block from private equity company Appian, sources said.
Fortescue hit by fresh executive losses
Over the last year Fortescue has lost more than half of its most senior executive leadership team – is the company in a state of turmoil?
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BHP to cut costs by 25 per cent
BHP says it will cut costs at its iron ore mines by 25 per cent but insists the recent price falls have not changed its view about healthy long-term demand.
Palmer pulls pin on Chinese mine
CLIVE Palmer’s Mineralogy has moved to terminate CITIC Pacific’s rights to mine his iron ore in Western Australia, casting doubt over an $8 billion project.
Premier admits Budget surplus fading fast
UPDATE: AFTER vowing never to preside over a deficit Budget, Premier Colin Barnett admitted he may have to break his promise as iron ore prices plummet.
Oil’s first family turns its back
HE WAS once the world’s richest man thanks to his vast fortunes made in oil. Now his descendants are turning their backs on the industry that made them wealthy.
BHP Billiton to cut 700 jobs
MINING giant BHP Billiton has announced it will cut around 700 jobs from its Queensland coal operations amid tough market conditions and low prices.
Japan’s demand for gas to change WA’s resources boom
EXPERTS predict the value of Australia’s LNG exports to Japan will rise by as much as 360 per cent to $66 billion within a few years.
Iron ore chief tips 50-year boom after bust
THERE is at least another 50 years worth of strong demand for WA’s iron ore from China, according to Fortescue Metals Group chief executive Nev Power.
More BHP iron ore jobs to go in Port Hedland
BHP Billiton says some staff will be made redundant from its Port Hedland iron ore operations but won’t confirm reports jobs have already been axed.
Original URL: https://www.couriermail.com.au/business/companies/mining/page/158