ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Mining
Outrage over Plibersek’s coal mine move
Outrage is building after Environment Minister Tanya Plibersek approved three new coal mine extensions – one fellow MP calling the decision “despicable”.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
‘Thousands’: Bombshell FIFO sex claim
When Angela Green was called into a meeting in August 2023, she was “shocked” by what happened. And she’s not alone.
Aussie climate goals ‘within reach’
The state and territory emission reduction targets in place can give Australia a “springboard” to stronger climate goals, new research finds.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
Retail gives ASX a bump up
The gift-giving season has shunted the ASX to a marginal gain on Monday as oil uncertainty buried many of the big players.
Albo’s $21m bid to create 400 new jobs
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.
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.
Aus mining giant makes major iron ore call
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.
Mining giant sacks ‘rare’ number of workers
Cutbacks like this are rare, given Rio Tinto still makes a staggering profit shipping iron ore to China.
Trump tariffs snap ASX three day winning streak
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.
Cop injured as 170 protesters charged
Police have charged 170 climate protesters over their alleged involvement in temporarily shutting down a major shipping channel in Newcastle.
‘I hate what I’ve done’: MinRes boss
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.
Shock findings in mining giant report
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 faces $70 billion iron ore blow
Australia could miss out on $70 billion a year if it does not pivot to producing “green iron” as countries like China decarbonise.
Aussie execs freed after $250m ransom
A Perth-headquartered miner has freed three detained staff in West Africa by paying a military government nearly $250m.
‘Absolute morons’: Threat to overwhelm Aus
Tariffs, trade wars and an unpredictable American president means Australia’s crucial iron ore industry faces uncertain times ahead.
Hundreds sacked in grim sign for mining
In a worrying sign for Australia’s lithium industry, another mine will close, taking 300 jobs with it.
Mining CEO detained in Africa
The CEO of an Australian mining company has been detained in West Africa.
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
Aussie shares surge on looming Trump shock
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
‘Death sentence’: Protesters clash with BHP
BHP bosses faced tough questions inside and outside of the Brisbane National Convention Centre during the company’s AGM.
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.
State in top spot for first time in decade
A mining powerhouse is officially Australia’s best state in economic performance for the first time in 10 years.
BHP reaches $45b settlement over disaster
BHP has finalised a $45b settlement with Brazil over the 2015 Samarco dam disaster which killed 19 people.
‘Mixed bag’: ASX trades sideways
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
‘Perfect storm’ sees gold price surge
The precious metal could double in price as central banks continue to cut interest rates.
Grim reality for female tradies laid bare
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.
ASX takes big hit across board
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.
Renewed optimism leads to ASX rally
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
Mining giant cops huge $23.7bn disaster bill
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
ASX continues record breaking week
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
ASX falls from record high
Australia’s sharemarket has temporarily fallen from its record high on Tuesday, as tech stocks offset strong gains by banks and miners.
Markets rise on Chinese stimulus rumours
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.
Aussie shares rise on Wall St rebound
Aussie shares crept higher on Wednesday on the back of a Wall St rebound, despite a sharp sell off in heavyweight mining and energy stocks.
FIFO worker’s drunken act in Qantas lounge
Details of how a female FIFO worker sexually harassed two colleagues in a Qantas lounge have been revealed.
Aussie shares sink on China stimulus gloom
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
‘Started at 17’: Young tradie’s insane salary
A young Aussie has revealed her wild yearly salary after starting out working as an electrician when she was just 17 years old.
Aussie shares fall on mining, Wall St wobble
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
Aussie shares flat with all eyes on Israel
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.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
China’s big move, huge result for Australia
Beijing’s decision to act on its economic downturn could be a blessing for Australia’s export industry after a dire prediction.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
‘$40 billion’: Huge hit to Australian economy
New forecasts show Australia’s resources and energy sector earnings are set to plummet, as a dire consequence of EV sales emerges.
Aussie shares snap three-day losing streak
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
‘Outraged’: Threat to Albo over mine move
Climate activists have reacted to a move to extend the operations of three mines in NSW, with protesters halting a coal train near Newcastle.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Aussie shares dip on hawkish Bullock
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.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Heartbreak after man trapped in mine shaft
Police have revealed a heartbreaking update in the search for a man who fell down an old mine shaft in NSW’s coal mining region.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
‘There is no alternative’: Dire China news
There is growing concern that Australia’s reliance on China could be our undoing – and we’re already “very much in negative territory”.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Common item sparks major power outage
In a desert city plagued by power outages, a colourful floating culprit is to blame for the latest outage.
Aboriginal historian behind gold mine furore
An Aboriginal historian behind the push to block a $1 billion gold mine project previously sought to have every waterway in the area protected.
‘Massive’: Shock outback find goes viral
A woman’s “stunning” discovery at a remote West Australian mine has sent the internet ablaze.
‘Get out’: 22yo fed-up with $180,000 job
A young worker earning a jaw-dropping salary has revealed why she decided to leave behind her lucrative career.
‘Not right:’ Nats vow to build gold mine
Nationals Leader David Littleproud has hit out at Environment Minister Tanya Plibersek after she controversially dudded the proposed site of a gold mine.
Private messages reveal ongoing problem
A young Aussie has revealed the “horrifying” truth about one of Australia’s most lucrative industries.
‘Sputtering’ China weighs down miners
The financials and energy sectors have dragged the ASX to a winning day as Chinese woes weigh heavy on Australian miners.
‘Secret group’: ‘Nonsensical’ goldmine claim
Environment Minister Tanya Plibersek has clashed with Nationals MP Barnaby Joyce over the NSW goldmine debacle.
Indigenous elder at centre of $1b mine row
Environment Minister Tanya Plibersek has hit back at suggestions she was “scammed” into axing a $1 billion gold mine in a heated exchange on radio.
Aus’ richest person reveals Trump support
Mining magnate Gina Rinehart has simultaneously smashed a fellow Aussie billionaire while praising her “friend” Donald Trump.
Energy stocks lead to dip in ASX
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
‘Political’: Dutton slams gold mine decision
The Opposition Leader has weighed into the debate on the development of a new gold mine, calling Tanya Plibersek’s decision a bid to woo Greens voters.
Aussie mining boss confirms worst fears
One of the country’s biggest and most lucrative companies has sounded the alarm as Beijing turns its back on Australia’s top export.
Sharemarket flat after profit slumps
The Australian Stock Exchange ended Wednesday flat after some of the country’s biggest companies reported some less than stellar results.
‘Absolutely wrong’: $1b mine drama erupts
NSW Premier Chris Minns has called out the federal government’s decision to block a gold mine tailing dam in the state.
‘Absolutely wrong’: $1b mine drama erupts
NSW Premier Chris Minns has called out the federal government’s decision to block a gold mine tailing dam in the state.
86 per cent collapse rocks $20 billion sector
A major Aussie firm has seen billions wiped off its balance sheet, and that is one of the companies doing well in a troubling new downturn.
Mining giant beats the odds after rocky year
BHP has beaten estimates despite a rocky year for the mining giant, posting another eye-watering profit.
Gina Rinehart unleashes on ‘woke’ Australia
Australia’s richest person Gina Rinehart has unleashed on a series of problems she has with how the country is run.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
‘Economic tsunami’ coming for Aussies
Australians are anxiously awaiting the fallout from an “economic tsunami” – and a new move from China has caused fresh panic.
‘Not Australia’: Grim sign we missed the boat
Australia’s iron ore golden age is well and truly over. A new age is dawning – but it looks like the country may have already missed the boat.
Original URL: https://www.news.com.au/finance/business/mining