‘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.
Mining
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.
Grim details emerge after mine tragedy
A coal mine has suspended its operations after a second worker was killed on site within weeks.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
‘Major incident’: Mine site rocked by tragedy
A mine worker has died in a truck accident at a Queensland mine just weeks after a separate fatality at the same site.
‘It’s over’: Australia’s 30-year boom ends
Australia has managed to escape the pain of the world’s economic woes over 30 years for one reason. Now we’re staring down the barrel of a new reality.
‘Havoc’ looms as iron ore collapses
Australia is at the mercy of the price of one key export, and one move from China could cause it to wreak havoc on our economy.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Aussie property developer posts $1.5bn loss
A major commercial property player has taken a huge financial hit, as negativity around iron ore leaves room for investors to pounce.
China news we didn’t want to hear
The unsteady future of former cash cow iron ore has transfixed Australians for more than a year. But now reality has finally hit. Hard.
China blow to cost Australia billions
Chinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
Every worker at BHP mine gets $53k bonus
Striking workers at a mine have been coaxed back to work after every single one was gifted a $53,000 bonus.
Aussie shares end week up
Steadfast on not cutting rates anytime soon, the RBA governor’s comments have done little to dampen the mood on the ASX on Friday.
Big question Amazon can’t answer
Amazon executives are being grilled on the company’s murky development of AI and how audio recordings from inside homes are used.
‘Iron ore crash’ threatening Australia
Australia has spent 25 years riding its China luck – but that is all about to come crashing down as a terrifying “iron ore Ice Age” looms.
Tributes for father killed in mine tragedy
A coal miner has been remembered as a beloved family man following his tragic death at a mine site on Saturday.
Mine site rocked by horrific tragedy
A major investigation has been launched by safety authorities after a “long-serving” and “well-loved” worker died on a mining site.
‘Nowhere to hide’: ASX loses $59bn
There was ‘nowhere to hide’ for traders on Friday as the ASX saw $59bn evaporate by the closing bell.
Aussie shares retreat on mining slump
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Aussie ‘powerhouse’ state revealed
One Australian state enjoys the highest average wages and low unemployment, with the economic “powerhouse” driven largely by one thing.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Aussies shares dive on Wall St tumble
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
‘Super-flop’: Albo’s energy plan panned
Twiggy Forrest’s announcement of job cuts affecting his ambitious green hydrogen project shows the failure of the government’s energy plan, the coalition says.
Aussie mining giant to axe 700 jobs
Mining magnate Andrew Forrest has reportedly told staff that 700 jobs will be slashed as his company gets set to restructure.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Mining meltdown puts 2500 jobs in limbo
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Aussie shares dip in wait for US open
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
1400 jobs in limbo as mine fire burns
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
One state Aussies are fleeing to
Finance behemoth Commonwealth Bank has released its latest economic health check on the nation and there is one state blowing everyone else away.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Woolies, NAB slammed for ‘crisis profits’
Millions of people have been pushed to the brink by rising prices yet a report has revealed Aussie companies made billions from devastating world events.
Aussie mining giant cuts 1000 jobs
Roughly 1000 workers face an uncertain future as a major resources company closes a Western Australian mining hub.
1000 jobs cut in huge mine closure
One of Australia’s largest mining outfits has announced it will close a large-scale iron ore operation after it was found to be “not financially viable”.
One issue unchanged after China Premier’s visit
The Prime Minister joined Chinese Premier Li Qiang in Perth on the final day of the high-profile visit, but storm clouds continue to gather over the trip.
Huge update in divisive wind farm project
The next step for a controversial Australian energy project which would power an estimated 1.8 million homes has been announced.
ASX drifts lower on China woes
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Staggering figure Aussie workers losing
The staggering amount Aussie workers are losing in doing unpaid overtime outside their shift hours has been exposed.
Albo slams Coalition’s ‘nuclear fantasy’
Speaking to business leaders, the Prime Minister hit out at the Coalition’s nuclear energy plan that he said delayed “real action” on climate change.
Australia’s key role in ‘unprecedented’ move
Australia is well positioned to play a key role in an emerging international power struggle. But it would require a very “controversial” move.
‘Stay clear’: Billionaire warned after kiss pic
Australian mining billionaire Twiggy Forrest has been issued a severe warning over a multibillion-dollar scheme.
ASX falls on Wall St worries, BHP tumble
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Mining giant’s sex harassment legal fight
A class action is being prepared against Rio Tinto on behalf of its Australian employees and contractors who were allegedly subjected to sexual discrimination and harassment.
Aussie shares slump on CPI shock
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
Woman named in Twiggy photo hits back
A politician who was named as the mystery woman seen kissing Australian mining magnate Andrew ‘Twiggy’ Forest in Paris has reportedly denied the “baseless” claim.
‘A catastrophe unfolding’: Dark side of EVs
A clip has emerged of a miner interacting with members of a remote tribe. Activists say the vision exposes the dark side of how electric vehicles are made.
ASX drifts lower in ‘directionless’ trading
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Original URL: https://www.news.com.au/finance/business/mining/page/3