Mining CEO detained in Africa
The CEO of an Australian mining company has been detained in West Africa.
The CEO of an Australian mining company has been detained in West Africa.
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
An Australian gold mining company has revealed what occurred in the lead up to the shock detainment of CEO Terry Holohan and his staff by the military-controlled government of Mali.
Australia’s gas industry has now come into sharp focus for deal-makers on the back of a Donald Trump victory in the US election.
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.
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.
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.
Mining magnate Andrew Forrest has reportedly told staff that 700 jobs will be slashed as his company gets set to restructure.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
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.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
Original URL: https://www.themercury.com.au/business/companies/mining/page/15