Australia faces $70 billion iron ore blow
Australia could miss out on $70 billion a year if it does not pivot to producing “green iron” as countries like China decarbonise.
Mining
Aussie execs freed after $250m ransom
A Perth-headquartered miner has freed three detained staff in West Africa by paying a military government nearly $250m.
‘Absolute morons’: Threat to overwhelm Aus
Tariffs, trade wars and an unpredictable American president means Australia’s crucial iron ore industry faces uncertain times ahead.
Hundreds sacked in grim sign for mining
In a worrying sign for Australia’s lithium industry, another mine will close, taking 300 jobs with it.
More Stories
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Heartbreak after man trapped in mine shaft
Police have revealed a heartbreaking update in the search for a man who fell down an old mine shaft in NSW’s coal mining region.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
‘There is no alternative’: Dire China news
There is growing concern that Australia’s reliance on China could be our undoing – and we’re already “very much in negative territory”.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Common item sparks major power outage
In a desert city plagued by power outages, a colourful floating culprit is to blame for the latest outage.
Aboriginal historian behind gold mine furore
An Aboriginal historian behind the push to block a $1 billion gold mine project previously sought to have every waterway in the area protected.
Original URL: https://www.themercury.com.au/business/companies/mining/page/7