Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Mining
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.
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.
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.
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”.
Why CEOs don’t want Dutton’s nuclear disruption
For business, nuclear represents a solution to a problem that is set to be solved by the time the first reactor is switched on.
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.
Revealed: Australia’s most powerful union titans, enemies
Unions have recently shut down light rail and campaigned against the AFL’s new umpiring boss. These are the key players and who their enemies are. See the list.
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.
‘Massive:’ Big miners push new green trucks
Mining giants BHP and Rio Tinto have announced a new green push to transform their massive fleet of haul trucks.
Australian bubble that’s about to burst
As iron ore continues to pile up at China’s ports despite falling demands, is Australia’s iron export bubble about to burst?
Labor shelves offshore gas bill
Labor has shelved a major change to gas approval processes, in return for Greens support for its fuel efficiency standards.
Labor shelves offshore gas bill
Labor has shelved a major change to gas approval processes, in return for Greens support for its fuel efficiency standards.
ASX lifts on post-budget mining bounce
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
Original URL: https://www.themercury.com.au/business/companies/mining