ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
Mining
Sigma share price surges on merger news
The ASX has closed flat but the big news is the surge in Sigma Healthcare’s share price on continued merger news with Chemist Warehouse Group.
ASX on three-day winning streak
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
ASX flat as US inflation looms
A mixed session saw the local share market finish flat on Monday as a jump in energy stocks and a fall in the material sectors pulled the bourse in both directions.
Chaos as protester chains self under car
Demonstrators with Disrupt Burrup Hub caused traffic chaos on Monday after blocking a major CBD thoroughfare.
Miraculous ASX turnaround due to one sector
One sector has managed to turn its fortune around on the share market, ending the day on a high after shock news this morning sent prices tumbling.
ASX surges as traders bet on rate cuts
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
Worst week for Aussie shares in 6 weeks
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
Billionaires’ quest to save Aussie brands
Two of the country’s richest people are snapping up some of our most iconic clothing brands to keep them in Australian hands.
ASX rallies ahead of RBA decision
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Why the Aussie dollar is soaring
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
ASX rallies to close up
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
ASX climbs on soft CPI data
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
‘Father Christmas in the tunnel’: Aussie rescuer hailed a hero
A Melbourne tunnel expert is being hailed a hero after leading the rescue of 41 Indian workers trapped in a collapsed tunnel for two weeks.
ASX rebounds ahead of October CPI
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
ASX sinks as miners, energy stocks fall
The ASX benchmark sank on Monday as falls in key commodity prices pushed major energy and mining companies lower.
ASX higher on energy rebound
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
ASX sinks on commodity slump
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
Rinehart kids in court over royalties
The eldest children of mining magnate Gina Rinehart have made a rare appearance in a Perth court, as the Pilbara royalties case comes to a close.
Aussie airline’s bold new $59 flight
The budget carrier is offering travellers new direct flights to two of Australia’s most spectacular tourist destinations for just $59.
Aussies kids’ math fail threatens nation’s dreams
Young Australians are struggling to maintain math standards and one expert has warned it threatens the nation’s infrastructure dreams.
Hundreds of jobs at risk as mine shutters
Shocked staff received a phone call from their bosses just hours before the news of the closure went public.
How big companies avoided paying tax
Mining giants and banks coughed up the most tax in 2021-22, but more than 800 companies paid nothing at all, according to the Australian Taxation Office.
Inside China: Rio boss tours the ground floor
With Australia and China talking again, the mining boss is getting a close-up view of the potential.
ASX finishes tough week on a high
Off the back of the worst week in the worst month, the ASX was up 2.2 per cent at the end of the week.
RBA boss sounds alarm on China
Outgoing RBA governor Philip Lowe has cautioned that China’s deteriorating economic outlook is one of three “significant uncertainties” facing the local economy.
Why AI could cost businesses billions
Experts warn AI will “rapidly and significantly” disrupt more than $600 billion of economic activity.
FMG shares plunge amid executive exodus
The mining company of Andrew ‘Twiggy’ Forrest has taken a hit on the share market after its third executive within a week called it quits.
Twiggy loses another senior exec
Billionaire Andrew Forrest’s mining company has suffered another blow, with a wild number of senior executives leaving.
Food delivery, Uber prices to rise
The price of getting a pizza delivered or catching an Uber will rise under contentious changes to Australia’s workplace laws.
Twiggy reveals real reason for shock split
Billionaire Andrew Forrest has addressed his shock separation from his wife of 31-years in his first interview since the split.
Protesters disrupt new RBA boss’ speech
Student protesters have made a scene as incoming RBA governor Michele Bullock delivered a speech on net zero issues.
ASX reverses fortune as Qantas grilled
The Australian share market has bounced back after recording a six-week low last week but not all companies are sharing in the good fortune.
Teen blames brain damage on mining giant
A teenager with brain damage who sued a global mining giant for $5m, claiming it was to blame, has failed in her damages suit.
Boss of Aussie mining giant suddenly quits
The shock departure of the eleventh senior executive from Fortescue Metals in two years has been announced.
Missing the action: Behind BHP’s call to sit out lithium
By the end of the decade shareholders will be either cursing the miner for missing the potential, or thanking it for holding its nerve.
Worthless ‘pile of rubble’ worth billions
An Australian gold miner says its stockpile of once worthless rubble is now worth $2 billion dollars.
Company’s shock bounce back on ASX
One company has managed to secure top spot on the Australian share market after losing nearly 20 per cent of its price the previous day.
Domino’s dominates on Australian share market
An investor favourite has won big on the ASX this Wednesday while another company saw its share price plummet to new lows.
Critical sector to pay for ageing Aussies
As Australia transitions away from coal and gas, an emerging, crucial sector will keep the government’s coffers lined to meet rising costs.
One industry’s huge rally in share market
One sector has seen their share prices surge on the Australian share market with one company seeing its stock price skyrocket by 25 per cent.
Profit slump hits big Aussie miner
The Big Australian has produced billions in profits for shareholders, but the heady days of 2022 look to be over.
Share price nosedives as ASX drops
The Australian share market has started the week off on a low but one company has taken the cake in terms of stock price.
Rinehart’s family feuds revealed in court
The complexities of Australia’s richest woman’s relationships with her family have been aired out in open court, as Gina Rinehart fends off claims to her mining empire.
Huge call before town is wiped from map
A tiny country town was all but destined to be wiped off the map, but a stunning eleventh-hour announcement has saved the community of hundreds.
Letters reveal Gina’s ‘threats to son’: court
Australia’s richest woman, Gina Rinehart, made a series of “not-so-subtle threats” to her firstborn child when he questioned his inheritance, a court has heard.
Gina’s ‘death warrant’ for kids’ trust: court
Mining magnate Gina Rinehart inked “death warrant” deals in a bid to strangle the lucrative trust fund her father left for his grandchildren, a court has heard.
Billionaire throws weight behind nuclear
Australia’s richest person, Gina Rinehart, has thrown her weight behind nuclear energy as she insists farmers shouldn’t have to pay for net zero.
‘For years’: Rinehart’s battle with dad
A lawyer has aired the circumstances surrounding the breakdown of the relationship between Gina Rinehart and father Lang Hancock.
Sigh of relief after huge trading day
Unexpected news from China and Japan helped the ASX record better than expected results on Tuesday.
Original URL: https://www.dailytelegraph.com.au/business/companies/mining/page/6