ASX edges higher for 3rd straight day
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
A mining powerhouse is officially Australia’s best state in economic performance for the first time in 10 years.
BHP has finalised a $45b settlement with Brazil over the 2015 Samarco dam disaster which killed 19 people.
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
Twiggy Forrest’s announcement of job cuts affecting his ambitious green hydrogen project shows the failure of the government’s energy plan, the coalition says.
Mining magnate Andrew Forrest has reportedly told staff that 700 jobs will be slashed as his company gets set to restructure.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Original URL: https://www.dailytelegraph.com.au/business/companies/mining/page/14