Secret $700m deal ripping us apart
A SECRET $700m deal; the most feared Aboriginal organisation in Australia; and a clan feud. This is the conflict tearing our land apart.
Mining
FIFO war: 8000 threaten strikes
A $60 billion project could grind to a halt as 8000 Queensland-based fly-in fly-out workers face off against a global construction giant.
Local indigenous backing for fracking
AN Aboriginal community that staged Australia’s most famous oil drilling protest supports a plan to frack for gas in the area.
BHP sacks 500 iron ore workers
HUNDREDS of WA iron ore jobs lost as BHP Billiton slashes costs, while the Premier admits it’s not a great time for mining.
BHP sacks 500 iron ore workers
BHP Billiton will cut 500 Australian jobs out of its iron ore business as part of a plan to cut costs as iron ore prices fall.
China to strengthen iron grip in WA
CHINA’S Baosteel set to secure a big iron ore holding in WA after Mineral Resources failed to take control of Aquila Resources.
Shell sells most of Woodside stake
WOODSIDE will spend nearly $3b after Shell announced it would sell most of its stake in the WA-based oil and gas giant.
Shell sells most of Woodside stake
WOODSIDE will spend nearly $3b after Shell announced it would sell most of its stake in the WA-based oil and gas giant.
Fracking green light for Kimberley
THE WA government has decided to allow Buru Energy to frack for gas in the Kimberley without an EPA assessment.
BHP axes 170 jobs at Pilbara mine
UPDATE: UNION says workers have been treated appallingly as BHP Billiton announces it has axed 170 jobs at its Mt Whaleback mine.
BHP cuts 100 Perth iron ore jobs
MINING giant BHP Billiton has cut about 100 staff from its iron ore division headquarters in Perth.
BHP still bullish on China growth
MINING giant BHP Billiton is confident about Chinese growth despite acknowledging there could be a bumpy ride ahead.
New rail plan to boost Pilbara miners
AURIZON’S plan for a multi-user rail line through the Pilbara could benefit many iron ore miners.
How our mining giants can hurt us
A DOWNTURN in the market is prompting Australian mining giants to assess their future. This is what happened when Rio Tinto left one town.
Shipments, costs up for Fortescue
FORTESCUE Metals Group boosted its iron ore shipments by 15pc in the March quarter but its costs also rose in the same period.
Billionaires caught out in ugly Twitter war
WHEN a business deal goes bad, things get messy. When it’s billionaires on Twitter, it’s even worse. Check out this very public battle of the billionaires.
Welfare is not an infinite pit: Gina
MINING billionaire Gina Rinehart has criticised welfare recipients for dragging the country into debt and attacked the political left for spending her industry’s revenue.
Sorry about the explosion, here’s a pizza
IF A big energy company’s fracking wells exploded and burned in your town for five days, should you expect more than just a pizza voucher from the culprits?
Woodside Petroleum profit falls 41 per cent
OIL giant Woodside Petroleum’s profit fell 41.4 per cent in its full year results. But it still made a mammoth $1.94 billion.
BHP posts $US8.1bn profit
IF THERE’S any doubt about whether mining and resources are still potent forces, just check out BHP Billiton’s half-year profits.
Palmer nickel refinery a Reef threat
REPORT finds State ineffective in protecting Great Barrier Reef from Clive Palmer’s nickel refinery, but Campbell Newman says he applied ‘pressure’ to fix environmental threat.
Twiggy loses cattle station mine fight
BILLIONAIRE Andrew Forrest has lost the latest fight against mining on his cattle station in the Pilbara, with Onslow Resources given approvals
Woodside flags $400m writedowns
Woodside has warned of up to $400 million in writedowns ahead of its 2013 full year earnings result next month.
Mine reopens with fewer workers
COAL mine which closed four months ago, putting 300 people out of work, will reopen this month with a workforce of 50.
Ex-BP engineer convicted for obstruction
AN EX-BP drilling engineer has been convicted of deleting text messages to obstruct an investigation into the 2010 oil spill in the Gulf of Mexico.
Cooling in mining blamed for WA job slump
WA’S unemployment rate has risen by the highest amount in the nation, with the government blaming the cooling on the mining sector.
Discount for miners to unlock Qld fortune
THE Queensland government is considering offering reduced royalties for an initial period to miners that open up the Galilee Basin.
Report says SA’s mining workforce to grow
A NEW report suggests 35,000 more jobs will be created in South Australia’s mining sector by 2030.
Gold prices down, so miners produce more
GOLD miners in Australia are targeting higher ore grades and producing more to combat weaker prices
Firm condemns Qld Irwin reserve mining ban
RESOURCE firm Cape Alumina says others will be put off investing in Queensland following the government’s decision to ban mining at a northern reserve.
Mining boom waste will haunt PM: Windsor
FORMER federal independent MP Tony Windsor has backed a union’s calls for a sovereign wealth fund to help share the benefits of the mining boom.
Second mining boom possible: Abbott
OPPOSITION Leader Tony Abbott says the coalition will help make a second mining boom possible if it’s elected.
Rio Tinto to cut 800 jobs
JOB cuts are likely at Rio Tinto after the miner signing a $100 million deal with IBM to outsource some back-office functions.
‘You’ve destroyed an entire town’
MINING giant Rio Tinto has been accused of casually abandoning Nhulunbuy after suspending alumina production at its Gove refinery in the NT.
Newcrest bosses disappointed
MINING bosses tell shareholders they acknowledge how disappointed they are with the company’s performance and are taking action.
Old mining town attracts big business
BUTTE, a mining town almost a century removed from its heyday, is the unlikely landing spot this week for some of the business world’s biggest names.
Twiggy loses mining tax challenge
LABOR has been spared another humiliation over its mining tax, with billionaire miner Andrew Forrest losing a High Court appeal against the legislation.
Mining company desecrated sacred land
A MINING company has been found guilty of desecrating an Aboriginal sacred site in the Northern Territory.
Original URL: https://www.news.com.au/finance/business/mining/page/34