Clive Palmer's nephew and wife did a deal for Queensland Nickel to buy $135 million worth of shares in a coal project he was pursuing just five days before the company failed, the Federal Court has been told.
A little over a decade after it lost hundreds of millions of dollars on an ill-judged foray into New Zealand, energy utility AGL is again planning to expand abroad, although it is tight lipped on details.
The Federal Court has denied an application by Clive Palmer to delay being grilled by liquidators about the collapse of his Queensland Nickel business.
In a thinly reference to the new US president, Anglo-Australian miner Rio Tinto has warned of rising geo-political risk while also stating it expects China to continue to provide economic stimulus for much of the year ahead.
BHP Billiton has begun halting operations at its Escondida copper mine in northern Chile ahead of a planned strike.
Iron ore rose for a second session with expectations of strong demand in the world's top steel consumer buoying the market.
Rio Tinto shareholders will be the major beneficiaries of the company's parsimonious approach to capital expenditure.
Even with its coffers bulging,Rio Tinto has refrained from handing out too much of the spoils to shareholders.
Businessman Clive Palmer has launched a fresh legal bid to postpone a Federal Court hearing over the collapse of Queensland Nickel.
Iron ore rebounded on bets that China data will show the world's second-largest economy got off to a good start in 2017.
Gold will climb about 6 per cent by year end as investors seek a shelter from the rising political risk surrounding US President Donald Trump.
China steel and iron ore futures retreated despite signs of growth in the country's services and manufacturing sectors.
BHP has asked the government to mediate with unionised workers at its Escondida copper mine in Chile, the world's largest.
It is rare to find much unanimity among economists, but one of the few things they agree on is that the trough in commodity prices of 2016 will not be repeated. The question for now is how far will prices retreat, especially following the March quarter, which often marks a cyclical high.
Shares in OceanaGold slumped in late trading Thursday on a statement by the Philippine government it may force the closure of its Dipidio mine, which has been the subject of recent wrangling between the company and the government.
Bankrupt former coal baron Nathan Tinkler will be allowed to fly to New York for a job interview.
Clive Palmer's wife has been called to give evidence into the collapse of his Townsville refinery company, Queensland Nickel.
Rio Tinto Group has received approaches for its Queensland mines, including a potential sale.
Shares in Downer EDI soared to a seven-year high on Thursday morning after the contractor lifted its full-year profit forecast following a lack of any bad news in its December-half earnings.
Workers at BHP Billiton's Escondida copper mine in Chile overwhelmingly voted against the company's latest wage offer.
Iron ore miner Fortescue Metals refused to rule out a share buy-back as it enjoys surging cashflows thanks to the spike in the price of iron ore.
Aurizon says it will take about $321 million of one-off charges when it reports its half-yearly earnings.
A resurgent share price has prompted analyst downgrades for Oz Minerals, as the miner is finalising development plans for a new project and amid optimism over its exploration profile.
Chevron has brought forward the start-up of the third unit at its Gorgon gas project while still targeting first production from Wheatstone by mid-year.
Copper and aluminium prices are expected to lose steam after prices surged despite surpluses that will persist into 2018.
Thermal coal is expected to trade in a roughly $US70-80 a tonne range this year, analysts and traders say.
Copper closed lower, hurt by a strengthening US dollar, after hitting a two-month high earlier in the day.
Chinese steel and iron ore futures rose for a third session as investors bet on firm demand after the Lunar New Year holiday.
Copper hits two-month high, before retreating to end flat. Most other metals eased ahead of Lunar New Year.
Prices are near the highest in more than two years on speculation of sustained Chinese demand for imports.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.