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.
Mining
Victoria’s gas crisis a decade in the making
Millions of dollars have been spent exploring what is thought to be a gas-rich region, with little to show but frustration. Victoria needs to encourage new exploration instead of clinging to El Dorado.
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.
More Stories
Mark McGowan‘s new gig revealed
Former WA premier Mark McGowan, who quit politics this year claiming he was “exhausted” from political life, has taken on several new high-profile roles.
Calls for pay shake-up for millions of Aussies
A Senate committee is hearing from some of the nation’s heaviest-hitting unions as it considers amendments to Fair Work laws.
Mining giant looks to AI to solve EV crisis
The world needs a lot more copper to transition to an electric vehicle age and one mining giant is using AI to help solve the supply crisis.
ASX closes up, but down for the week
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Miners in terrifying axe attack ordeal: cops
Police have made two arrests after workers at a remote mine site allegedly battled with up to five axe-wielding attackers.
ASX edges higher as oil sinks
After oil prices tumbled and Wall Street finished higher overnight, the local benchmark ended its three-day losing streak to finish in the green on Thursday.
Reason behind ASX plunge
After Wall St sank lower overnight, the Aussie sharemarket wiped off 0.8 per cent of its value with the big four banks all finishing lower.
ASX plunges to six-month record low
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
China woes to stymie Aussie cash cows
Australia’s economic outlook has darkened, with the value of resource exports set for a staggering fall on the back of a China slowdown.
Diamond prices fall as market takes hit
Even the top end of town has taken a hit post-pandemic, as diamond prices tumble to their lowest point in a year.
Original URL: https://www.thechronicle.com.au/business/companies/mining/page/36