Whyalla losing $1.5m a day before collapse
Administrators have revealed Whyalla steelworks was haemorrhaging $1.5m in losses per day before its forced administration.
Mining
Aussie shares slump on tariffs, Wall St woes
The local stock market tanked on Friday on the back of a Wall St bloodbath and a new Trump tariff threat that sent the big miners into a tailspin.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
The $50bn strategic bet that’s set to change BHP forever
The BHP of the future will be less reliant on Australia and even less about iron ore as CEO Mike Henry reshapes the miner. Is it the right strategy?
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Protesters celebrate huge win over gas giant
A controversial offshore petroleum licence has been cancelled by the government for public interest reasons, after being fought in courts for a surprising reason.
Grim outlook for worker lost at sea
A crew member of a Rio Tinto ship that was en route to Australia remains missing nearly three weeks after he disappeared at sea.
Andrew Forrest named in Exxon defamation suit
One of Australia’s richest people has been named in a Texas defamation lawsuit filed by an oil and gas giant.
Surprising reason for ASX’s sudden spike
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
Aussie miner’s $440m claim against Ghana
An Australian gold mining company has taken an African government to court over a dispute worth nearly half a billion dollars.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Outrage over Plibersek’s coal mine move
Outrage is building after Environment Minister Tanya Plibersek approved three new coal mine extensions – one fellow MP calling the decision “despicable”.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
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