Aussie boom that could ‘vanish overnight’
The price of one of Australia’s biggest cash cows has gone up but the recovery might not be what it seems – and it could disappear overnight.
Mining
Covid warning at Northern Territory mine
South32 says it has detected a second case of Covid-19 at its Groote Eylandt manganese mine in the Northern Territory.
Sandfire seals $2.5bn Spanish copper play
Sandfire Resources has closed its $US1.87bn ($2.5bn) deal to acquire the Matsa copper mining complex in Spain.
Energy deals ‘the tip of the iceberg’
The $60bn megamergers that transformed the energy sector this year could be just the tip of the iceberg, analysts say.
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Welfare is not an infinite pit: Gina
MINING billionaire Gina Rinehart has criticised welfare recipients for dragging the country into debt and attacked the political left for spending her industry’s revenue.
Sorry about the explosion, here’s a pizza
IF A big energy company’s fracking wells exploded and burned in your town for five days, should you expect more than just a pizza voucher from the culprits?
Woodside Petroleum profit falls 41 per cent
OIL giant Woodside Petroleum’s profit fell 41.4 per cent in its full year results. But it still made a mammoth $1.94 billion.
BHP posts $US8.1bn profit
IF THERE’S any doubt about whether mining and resources are still potent forces, just check out BHP Billiton’s half-year profits.
Palmer nickel refinery a Reef threat
REPORT finds State ineffective in protecting Great Barrier Reef from Clive Palmer’s nickel refinery, but Campbell Newman says he applied ‘pressure’ to fix environmental threat.
Twiggy loses cattle station mine fight
BILLIONAIRE Andrew Forrest has lost the latest fight against mining on his cattle station in the Pilbara, with Onslow Resources given approvals
Woodside flags $400m writedowns
Woodside has warned of up to $400 million in writedowns ahead of its 2013 full year earnings result next month.
Mine reopens with fewer workers
COAL mine which closed four months ago, putting 300 people out of work, will reopen this month with a workforce of 50.
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