Aussie shares tumble on Trump bloodbath
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
Administrators have revealed Whyalla steelworks was haemorrhaging $1.5m in losses per day before its forced administration.
The Prime Minister will make the announcement during his 24th visit to Western Australia, with the state crucial to Labor’s hopes at the next election.
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.
Police have charged 170 climate protesters over their alleged involvement in temporarily shutting down a major shipping channel in Newcastle.
Police say on Sunday, a large group of people entered a shipping channel and interfered with the movement of vessels.
Mineral Resources faced a fiery AGM, as the board addressed shareholders for the first time since allegations of misconduct by founder Chris Ellison were aired.
A mining giant boss has apologised after a review into its workplace culture exposed multiple allegations of sexual assault, bullying and racism in the past year.
Australia could miss out on $70 billion a year if it does not pivot to producing “green iron” as countries like China decarbonise.
Original URL: https://www.goldcoastbulletin.com.au/business/companies/mining/page/5