Mining & Energy
Unease over Glencore partner
6:34AMScott PattersonA Justice Department investigation into a Glencore connection in the Congo could pose another headache.
Iron ore edges higher
6:43AMElizabeth RedmanThe iron ore price has reversed a three-day losing streak ahead of next week’s public holidays in China.
Crack shows in OPEC deal
4:46AMSummer SaidIraq almost blocked the fragile agreement to cut production by objecting to the data used by the cartel.
OPEC output cut lifts producers
12:00AMBARRY FITZGERALDOPEC’s concession that a production cut was needed to boost world oil prices has added $6 billion to local players.
Lynas warns of ‘uncertainty’
12:00AMPAUL GARVEYLynas is staring into the abyss, with its auditor warning of ‘material uncertainty’ over the rare-earths miner.
OPEC output cut lifts producers
BARRY FITZGERALDOPEC’s concession that a production cut was needed to boost world oil prices has added $6 billion to local players.
South32 forging its own identity
PAUL GARVEYSouth32 doesn’t want to be known as BHP Billiton’s baby any more and is keen to forge its own identity.
Palmer loses assets court bid
Sarah ElksA judge has knocked back Clive Palmer’s attempt to grab assets from his liquidated Queensland Nickel company.
PM’s ‘wake-up call’ needs action
BARRY FITZGERALDRarely has Turnbull made more sense than when prioritising energy security. Now he must get quickly to work.
Premier resists blackout inquiry
Jared Owens, Rebecca Puddy, Verity EdwardsThe Premier insists a statewide power failure was not linked to SA’s high renewable energy use.
Whyalla wipe-out wreaks havoc
Matt Chambers, Daniel PalmerThe Port Pirie lead smelter faces up to $7m of costs, while Whyalla’s steelworks is up for three weeks of repairs.
Olympic Dam hit again by outage
Daniel PalmerBHP Billiton and Oz Minerals have temporarily shuttered operations at Olympic Dam and Prominent Hill.
Lynas digs itself into debt hole
Daniel PalmerThe struggling miner has narrowed losses but flagged debt renegotiations amid ongoing weakness in rare earth prices.
OPEC cut deal to boost prices
Oil producers have decided to reduce output, in a surprise move that triggered an immediate price spike.
Iron ore falls for 3rd session
Elizabeth RedmanThe iron ore price has edged lower, as Macquarie tips prices will remain above the $US50 a tonne mark in the near term.
A wrench in BP’s drilling plan
Sarah KentRegulators want more detail about how BP will manage environmental risks off Australia’s south coast.
Samarco may miss bond payments
Matt ChambersBHP’s half-owned Samarco mine in Brazil could miss bond payments amid delays to restarting the mine.
BHP ordered to reinstate miner
EWIN HANNANThe Saraji mine operator was sacked last October for breaching BHP’s charter values of respect, integrity and accountability
Ditching coal ‘to cause chaos’
ANNABEL HEPWORTH, DANIEL PALMERAGL Energy says a hasty, disorderly transition away from coal-fired electricity will trigger “chaos”.
Gorgon ‘on track after problems’
PAUL GARVEYThe head of Chevron says the massive Gorgon liquefied natural gas plant is shaking off its early teething problems.
Fault linked to OceanaGold hitch
PAUL GARVEYFaulty construction work on one house may have forced the suspension of OceanaGold’s $1 billion copper-gold mine.
UGL to face Ichthys class action
PAUL GARVEYIMF Bentham will bankroll the latest class action lawsuit targeting UGL’s involvement in the Ichthys LNG project.
Barminco defies mining gloom
PAUL GARVEYThe mining contractor has posted a solid rise in earnings, boosted by its exposure to the gold sector.
Merger a gold problem-solver
PAUL GARVEYJunior gold plays Echo Resources and Metaliko are poised for a deal to create a new Australian miner.
Oil Search CEO joins AGL board
Daniel PalmerAGL Energy has announced the surprise appointment of Oil Search chief executive Peter Botten to its board.
Banks up outlook as iron ore dips
Elizabeth RedmanThe iron ore price has inched lower for the second day in a row, even as another investment bank upgrades its forecast.
OPEC considers output cut
Summer SaidA proposal to reduce global oil production by almost 1 million barrels a day is seen as a starting point for more talks.
Samarco misses bond payment
Paul KiernanBHP Billiton’s troubled joint venture missed an interest payment on $US500m in debt, pushing bond prices lower.
Oswals’ PPB case dismissed
Ben ButlerA judge dismissed a case the Indian business couple brought against the receivers of their Burrup Fertiliser business.
Coal surge to boost earnings
Matt ChambersSurging coal prices could add $US25 billion to export earnings if the dramatic rise is sustained.
