Big miner issues blunt warning to Aussies
A leading mining figure has delivered a dark speech warning that Australians will need to “do more, move faster and work harder” to maintain prosperity.
A leading mining figure has delivered a dark speech warning that Australians will need to “do more, move faster and work harder” to maintain prosperity.
One of the world’s biggest mining companies has shifted their focus away from iron ore, towards the mineral it believes will drive the global energy transition.
Cutbacks like this are rare, given Rio Tinto still makes a staggering profit shipping iron ore to China.
The ASX200’s three day winning streak came to an end on Tuesday, as markets digested President-elect Donald Trump’s announcement on US tariffs.
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
The precious metal could double in price as central banks continue to cut interest rates.
Australia has slim hopes of building the houses we desperately need if 10 per cent of female tradies keep being harassed out of the construction industry.
The ASX 200 has its worst trading day in seven weeks with all 11 sectors falling Tuesday. But there were pockets of strength for Aussie investors.
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
Australia’s sharemarket has temporarily fallen from its record high on Tuesday, as tech stocks offset strong gains by banks and miners.
The Australian share market rose to a near record high off the back of Chinese stimulus package rumours and a better than expected global economic outlook.
Original URL: https://www.dailytelegraph.com.au/business/companies/mining/page/4