Gold, oil stocks weigh down sharemarket
Lower gold and oil prices weighed on the Australian sharemarket on Friday, but overall the ASX 200 ended the week 1.3 per cent higher.
Mining
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
‘Steep decline’: Warning over gas shortfall
Australia’s energy market operator has sounded the alarm over a long-term forecast, warning that one industry is in “steep decline”.
ASX dips before blockbuster US meeting
The Australian sharemarket has edged lower after a day of choppy trading as cautious investors await the all-important US Federal Reserve meeting.
ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
‘Gone’: China move could sink Australia
The future of two Australian industries are in the balance as China flexes its muscles over an issue that is not going away.
Big miner’s call on issue dividing investors
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
ASX edges higher ahead of RBA rates call
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
Australia’s terrifying $30 billion loss
Australia’s biggest earner faces an uncertain future which could see $30 billion wiped almost overnight.
ASX dips on Wall St fall, iron ore slump
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
How tragic mine collapse unfolded
A union boss has claimed the two miners who became trapped underground should not have been “doing that task in that mine”.
‘No budget cash splash’: Chalmers
Low but rising unemployment and plunging commodity prices could mean less room for cost of living relief come the May budget.
‘No budget cash splash’: Chalmers
Low but rising unemployment and plunging commodity prices could mean less room for cost of living relief come the May budget.
ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
‘Hypocrites’: Premier blasts nuclear plans
Victorian Premier Jacinta Allan promises she did not get all her views on nuclear power from The Simpsons and Mr Burns’ radioactive power plant.
‘Hypocrites’: Premier blasts nuclear plans
Victorian Premier Jacinta Allan promises she did not get all her views on nuclear power from The Simpsons and Mr Burns’ radioactive power plant.
‘Highly doubt it’: Mining video enraging men
A video about female apprentices entering the mining industry has been met with backlash by men. Women have a powerful message for the haters.
ASX rallies despite firmer US inflation
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
Cash cow dead: Iron ore disaster in China
Australia’s future was riding on one decision from Beijing – and it’s not gone our way. The country’s cash cow may have just died.
Bloodbath as lithium firm goes into meltdown
Beleaguered miner Core Lithium has announced two key resignations, as mining operations remain shelved at its flagship project.
Bloodbath as lithium firm goes into meltdown
Beleaguered miner Core Lithium has announced two key resignations, as mining operations remain shelved at its flagship project.
ASX treads water ahead of US rate cut clues
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
Industry on edge as prices collapse
Australian miners are watching nervously as China’s next move determines their future – and Australia’s.
Australia at epicentre of ‘planetary crisis’
A careful long-term plan orchestrated by China leaves Australia especially vulnerable to a three-pronged “planetary crisis”.
Aussie win amid iron ore collapse
As one Aussie industry teeters on the edge there’s a ray of hope that could see the Australian economy transformed.
Why this rock matters to you
The budget bottom line is set to benefit from billions of dollars in extra tax collections due to iron ore prices, economist predict, which will likely deliver a second surplus for the Albanese government.
$650 million economic nightmare facing Aus
One state is facing a massive economic blow after a major mining company announced its refinery would gradually close.
State facing $650m blow after shutdown
One state is facing a massive economic blow after a major mining company announced its refinery would gradually close.
ASX edges lower despite oil surge
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
ASX rises as banks, tech rally
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
ASX slips as iron ore miners tumble
Despite a cooler than expected inflation reading for November, the share market lost ground on Wednesday as iron ore miners dragged the benchmark lower.
750 Aussies to lose jobs in shutdown
A major refinery employing hundreds of Aussies will be shut down and its 800-strong workforce will be reduced to about 50.
750 Aussies to lose jobs in shutdown
A major refinery employing hundreds of Aussies will be shut down and its 800-strong workforce will be reduced to about 50.
ASX snaps four-day losing streak
After a four-session slide, the local share market found momentum on Tuesday with all sectors bar energy finishing in the green.
ASX records four-day losing streak
The local benchmark continued to lose ground amid continued uncertainty over the timing and depth of rate cuts.
ASX extends losses as Wall St stumbles
After posting strong gains in November and December, the local share market is off to a rocky start in 2024.
300 jobs at risk as coalmine goes bust
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
300 jobs at risk as coalmine goes bust
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
ASX skids after nudging record high
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
ASX nears record on first day of 2024 trade
The share market finished higher in its first day of trading for 2024, with the benchmark index just five points away from reaching its all time high.
Teen reveals secret to $1m business
A 19-year-old entrepreneur has revealed how he managed to start a successful business at such a young age and gives his one tip to anyone wanting to start their own company.
ASX falls in final session of 2023
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
ASX up as iron ore soars to $US140 a tonne
In its first trading session after Christmas, the share market rallied on Wednesday as iron ore miners tracked gains in commodity futures.
ASX steady ahead of Christmas break
Despite gains in energy and real estate stocks helping to offset a drag in consumer staples, the sharemarket finished flat on Friday.
Aussie shares plummet as Wall St falls
The local share market lost ground on Thursday, as profit taking by traders led to a sell off in technology and real estate stocks.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
ASX at 10-month high as Rio hits record
The Aussie share market climbed to its highest level since February 10 on Tuesday, as material and energy stocks helped drive the benchmark higher.
‘I made a mistake’: Chief Minister resigns
The Northern Territory’s Chief Minister has been under fire after failing to disclose her shares in a manganese mine.
ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
Original URL: https://www.themercury.com.au/business/companies/mining/page/4