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.
More Stories
The Aussie towns destroyed by China’s economic slowdown
THESE Aussie towns were booming. But now, they’re plagued by closed businesses, plummeting property prices and fleeing residents.
The staggering amount Clive donated to… Clive
A MYSTERIOUS gentleman named Clive Frederick Palmer is single-handedly keeping the Palmer United Party afloat. An expert says he’s never seen anything like it.
Is this going to stop mining?
A NEW threat to mining has emerged and is giving supporters of one of the largest mining developments in Australia a huge headache.
Poisoned food found at Rinehart mine
WA Police have sent extra resources, including forensic officers, to investigate a case of suspected poison found in food at one of Gina Rinehart’s Pilbara mines.
FIFO worker: ‘I was on my way to retirement’
A FIFO worker has revealed how he went from a promising career and owning two properties, to losing everything in a six-month, $130,000 alcohol-fuelled bender.
The mining industry’s secret dirty laundry
HOTBEDDING. Almost one in four FIFO miners do it, and they’re not happy about it. One female miner shares her story.
BHP to cut costs by 25 per cent
BHP says it will cut costs at its iron ore mines by 25 per cent but insists the recent price falls have not changed its view about healthy long-term demand.
Palmer pulls pin on Chinese mine
CLIVE Palmer’s Mineralogy has moved to terminate CITIC Pacific’s rights to mine his iron ore in Western Australia, casting doubt over an $8 billion project.
Oil’s first family turns its back
HE WAS once the world’s richest man thanks to his vast fortunes made in oil. Now his descendants are turning their backs on the industry that made them wealthy.
BHP Billiton to cut 700 jobs
MINING giant BHP Billiton has announced it will cut around 700 jobs from its Queensland coal operations amid tough market conditions and low prices.
Original URL: https://www.themercury.com.au/business/companies/mining/page/62