Fears over rare earth minerals ‘cartel’
It’s an industry key to the future of clean energy but there are rising fears that it could turn into a powerful cartel.
Mining
ASX climbs as RBA board discusses rates
Ahead of the central bank’s impending interest rate decisions, investors on the Australian share market were in an upbeat mood.
Whole state to get $1000 boost
Households in one Australian state will receive an upfront $1000 payment on their power bills come July 1.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Stocks inch higher on depressed retail sales
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
Mega $60bn deal set to reshape Australia
Australia’s largest mining company is swooping in on a rival coal and copper giant in a transformative $60bn takeover bid.
Nation’s filthy rich beg for government cash
Mega wealthy Aussies have banded together to beg governments after shock forecasts that leave them wanting.
‘Beautiful soul’: Tributes for killed worker
A 21-year old man who died on a mine in Western Australia’s Goldfields has been remembered as a “wonderful human”.
Gold mine operator admits $4m failure
An Australian gold mine where a miner was killed in a partial collapse last month has admitted it failed to lodge a $4m bond for environmental rehabilitation.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
Rinehart’s children suffer small legal loss
The children of Australia’s wealthiest woman have been denied access to legal documents they want to push their claim for mining assets in a long-running feud against their mother.
Miner goes nuclear with uranium drum
A South Australian mining company has boomed in value from $37m to almost $2bn in less than 10 years and the meteoric rise could continue with the company announcing another big milestone.
ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
‘Collapsed’: Aus should be in ‘sheer terror’
A dramatic change in China is having a profound impact on Australia already – and things looks set to get even worse.
Country takes one big thing Australia needs
A trade war is hotting up over a critical product that Australia has – with one country beating us to the punch.
Global tensions lead ASX to drop
The Aussie sharemarket has ended the week lower after investors responded to reports Israel launched air strikes against Iran.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
Albanese unveils millions for minerals
With Beijing dominating the rare earths market, the Prime Minister is set to step up investment.
‘Crash’: Sign Aussie cash cow is dead
It’s worth $136 billion to the economy annually but Australia’s cash cow looks set to “crash upon every global shore”.
ASX slips on Iran missiles, inflation worries
Australian shares slipped on Monday trading as investors price in rising geopolitical uncertainty in the Middle East.
China’s big move to cut off Australia
Beijing is spending big in order to “de-risk” itself from Australia in a move that could cripple Aussies.
ASX slips despite Wall Street recovery
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
‘Knows almost nothing’: Chalmers’ hits back
In a startling spray, the Treasurer has challenged the economic understanding of his political foes as he defends a major policy change.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
ASX rallies ahead of US inflation figures
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Historic gold mint releases new coins
Australia’s largest precious metals mint will celebrate 125 years in operation with the release of five special coins, including a gold coin with a mintage of just 500.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
‘Crash’: Severe shock coming for Australia
Dubbed the “completions crash”, it’s thought to be coming sooner rather than later – and the impact on Australia could be profound.
Stocks drop as rate cut jitters return
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
Two workers killed in separate incidents
Tragedy has struck at two separate worksites within hours of each other.
ASX snaps two-day losing streak
After a sharp sell-off during Wednesday’s session, the sharemarket unwound some, but far from all, of its losses on Thursday.
ASX edges lower after reaching record
After resetting its intraday record, the benchmark edged lower as traders grew skittish.
Two countries come for Australia’s billions
Two countries have set their sights on taking on Australia’s multi-billion dollar industry. And they’ve got the money to leave our ambitions in the dust.
ASX slips ahead of inflation print
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Surge in real estate pushes ASX higher
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
Two investments soar as market goes berserk
Australia’s number one export may be on its knees but there are two investments that are skyrocketing – although everything still remains uncertain.
Gold, oil stocks weigh down sharemarket
Lower gold and oil prices weighed on the Australian sharemarket on Friday, but overall the ASX 200 ended the week 1.3 per cent higher.
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
‘Steep decline’: Warning over gas shortfall
Australia’s energy market operator has sounded the alarm over a long-term forecast, warning that one industry is in “steep decline”.
ASX dips before blockbuster US meeting
The Australian sharemarket has edged lower after a day of choppy trading as cautious investors await the all-important US Federal Reserve meeting.
ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
‘Gone’: China move could sink Australia
The future of two Australian industries are in the balance as China flexes its muscles over an issue that is not going away.
Big miner’s call on issue dividing investors
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
ASX edges higher ahead of RBA rates call
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
Australia’s terrifying $30 billion loss
Australia’s biggest earner faces an uncertain future which could see $30 billion wiped almost overnight.
ASX dips on Wall St fall, iron ore slump
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
How tragic mine collapse unfolded
A union boss has claimed the two miners who became trapped underground should not have been “doing that task in that mine”.
‘No budget cash splash’: Chalmers
Low but rising unemployment and plunging commodity prices could mean less room for cost of living relief come the May budget.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
‘Hypocrites’: Premier blasts nuclear plans
Victorian Premier Jacinta Allan promises she did not get all her views on nuclear power from The Simpsons and Mr Burns’ radioactive power plant.
‘Highly doubt it’: Mining video enraging men
A video about female apprentices entering the mining industry has been met with backlash by men. Women have a powerful message for the haters.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Cash cow dead: Iron ore disaster in China
Australia’s future was riding on one decision from Beijing – and it’s not gone our way. The country’s cash cow may have just died.
Bloodbath as lithium firm goes into meltdown
Beleaguered miner Core Lithium has announced two key resignations, as mining operations remain shelved at its flagship project.
ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
Industry on edge as prices collapse
Australian miners are watching nervously as China’s next move determines their future – and Australia’s.
Australia at epicentre of ‘planetary crisis’
A careful long-term plan orchestrated by China leaves Australia especially vulnerable to a three-pronged “planetary crisis”.
Aussie win amid iron ore collapse
As one Aussie industry teeters on the edge there’s a ray of hope that could see the Australian economy transformed.
ASX resets record close thanks to banks
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
Aussies nervous as economy slows
Under pressure from soaring interest rates, elevated inflation and mortgage costs, households have cut back on spending for non-essential items like cars and coffees.
‘Completions cliff’ to send Aus spiralling
A crash looks imminent as a terrifying “completions cliff” looms which will change the face of Australia.
ASX edges lower as consumer stocks slip
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
ASX retreats from record high
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
‘Weak’: Chalmers delivers economic warning
Ahead of key GDP figures to be released later this week, the Treasurer has issued a stark warning.
Australia on the edge over China move
China is about to seal Australia’s fate. Their next move will have a profound impact on whether we hit an economic slump.
Severe shock coming for Australians
The world is facing catastrophic change, costing billions, and Australia is in the line of fire.
ASX resets record high
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
Stocks slip following inflation data
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
Entire Aussie industry on the brink
The commodity is meant to be the answer to the green revolution but it’s on the brink of collapse and Australia is in the firing line.
‘$80’: Almighty shock coming for Australia
The golden goose of the Australian economy is taking a hammering and it could spell big trouble for everyday Aussies.
ASX edges higher as Coles, Woodside rally
With profit season nearing its end, the share market advanced for a fourth straight session on Tuesday.
Australia sitting on new goldmine
As the price of many minerals plummet – leaving Australia vulnerable – there could be one very fruitful solution.
‘Bulldust’: Twiggy lampoons nuclear push
A push by the Coalition to develop nuclear energy generation in Australia has been slammed by mining magnate Andrew “Twiggy” Forrest.
Collapse leaves Australia on the brink
The collapse of three of Australia’s biggest money spinners leaves the country very vulnerable to China’s every move.
Jobs with the biggest wage jumps
Australians have had their first real wage increase since 2021, with full time workers seeing an extra $81 a week in their bank account.
ASX falls on Woolies, mining slump
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
ASX finishes week on a positive note
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
Judds in financial hole after firm collapses
Chris and Bec Judd could be hundreds of thousands of dollars worse off after a company they invested in hit the wall.
ASX down overall for the week
It was a mixed day for the Australian sharemarket, which was down overall for the week.
Original URL: https://www.news.com.au/finance/business/mining/page/6