‘Giving away gold’: Mint defends impurity
The Perth Mint boss has hit back at allegations gold bars were diluted and that there’s a “damning level of mismanagement” within its walls.
Mining
BHP fears sting of Chalmers’ shadow taxes
Business is fretting they could hit with a super-profits tax and this means the relationship with Canberra needs a reset.
‘Tragic outcome’: miners dead after 15m plummet
The two miners trapped inside a cavernous after their ute plunged into a hole 125m underground have died, their company says.
China rejected after embarrassing backflip
China has now officially coming crawling back to Australian coal producers – but one local mine has rejected them and is selling to Taiwan instead.
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Staff, costs cut at BC Iron mine
BC Iron has slashed dozens of jobs at its West Australian mine and head office as it reduces costs amid weak iron ore prices.
FIFO worker: ‘I was on my way to retirement’
A FIFO worker has revealed how he went from a promising career and owning two properties, to losing everything in a six-month, $130,000 alcohol-fuelled bender.
The mining industry’s secret dirty laundry
HOTBEDDING. Almost one in four FIFO miners do it, and they’re not happy about it. One female miner shares her story.
Koolan Island mine workers stood down
UPDATE WORKERS at the Koolan Island iron ore mine will be stood down, as Conservation Council WA demands a ban on mining in the Buccaneer Archipelago.
Forrest forks out $11m on Fortescue shares
ANDREW “Twiggy” Forrest bought $11 million worth of shares in his Fortescue Metals Group when their value hit a five-year low this week.
Falling iron ore causes more pain
AUSTRALIA’S iron ore miners are bracing for more pain as confidence in the sector plummets and prices plunge to fresh five-year lows.
BHP to cut 90 jobs from Nickel West
MINING giant BHP Billiton will cut 90 jobs from its Nickel West business in WA, after being unable to find a buyer for the business.
Fortescue serene amid iron ore price falls
UPDATE: FORTESCUE Metals concedes that the plunging iron ore price has been worse than it expected, but the miner insists it has several levers to pull if things get worse.
BHP scraps WA nickel business sale
BHP Billiton has scrapped the sale of its WA Nickel West business after failing to attract a buyer.
Juniors suffer as iron ore hits new low
AUSTRALIA’S junior iron ore producers are under renewed pressure as the price of the steelmaking commodity fell to a fresh five year low.
Original URL: https://www.dailytelegraph.com.au/business/companies/mining/page/127