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 sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Beijing’s decision to act on its economic downturn could be a blessing for Australia’s export industry after a dire prediction.
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
New forecasts show Australia’s resources and energy sector earnings are set to plummet, as a dire consequence of EV sales emerges.
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
Climate activists have reacted to a move to extend the operations of three mines in NSW, with protesters halting a coal train near Newcastle.
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
Original URL: https://www.heraldsun.com.au/business/companies/mining/page/7