Mining meltdown puts 2500 jobs in limbo
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.
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.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
There was cautious trading to kick off the week as investors monitor news of the ongoing Israel-Gaza war.
Despite a stronger lead from Wall St overnight, the share market was flat on Thursday, dragged lower by health stocks.
Following the shock incursion by Hamas into Israel, the ASX edged higher on Monday buoyed by surging energy and gold stocks.
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.
A Senate committee is hearing from some of the nation’s heaviest-hitting unions as it considers amendments to Fair Work laws.
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.
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Police have made two arrests after workers at a remote mine site allegedly battled with up to five axe-wielding attackers.
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.
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.
Original URL: https://www.themercury.com.au/business/companies/mining/page/37