Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
Australia’s economic outlook has darkened, with the value of resource exports set for a staggering fall on the back of a China slowdown.
Even the top end of town has taken a hit post-pandemic, as diamond prices tumble to their lowest point in a year.
The mining lobby has slammed the government’s proposed changes to workplace rules, claiming the changes could send businesses to the wall.
Radical Indigenous activists who gathered in Canberra to say ‘No’ to a Voice to Parliament want a revolution, not reconciliation.
The world’s largest mining company is warning global climate change aspirations are at risk because investment in a key ingredient to fuel a green future is too low.
The Prime Minister has warned of ‘catastrophic outcomes’ of a No vote in the referendum, as Clive Palmer pledges a $2m ‘personal campaign’.
While inflation data jumped higher for the first time in four months, the local benchmark barely budged on Wednesday.
A review has been called for into the operations of two Chinese mining companies granted permission to access the most sensitive military testing sites in Australia.
A continued correction following last week’s rates warnings pushed the local sharemarket to a two-month low on Tuesday.
Original URL: https://www.themercury.com.au/business/companies/mining/page/38