Fortescue's 'Twiggy' Forrest gets a $200m payday
Fortescue boss ''Twiggy'' Forrest is set for a multimillion-dollar pay day with the decision of the iron ore miner to raise the dividend amid a surge in earnings.
Fortescue boss ''Twiggy'' Forrest is set for a multimillion-dollar pay day with the decision of the iron ore miner to raise the dividend amid a surge in earnings.
The rebound in oil - and gas - prices helped to propel Woodside Energy's earnings sharply higher in 2016 as it looks to higher output in the year ahead to maintain the growth momentum.
The Federal Court says Queensland Nickel's special purpose liquidators intend to seek a warrant for Clive Mensink's arrest.
The price of iron ore has surged higher still, reaching its highest level since mid-2014.
Caltex in business review as BP's planned $1.8 billion buy of Woolworths petrol stations will hit sales volumes
BHP Billiton's shareholder austerity push appears to be over and investors will be positively surprised.
Resurgent commodity prices and buoyant production volumes have helped propel BHP Billiton's earnings sharply higher, with the company hiking the dividend as it also slashed debt.
Clive Palmer's nephew Clive Mensink has again failed to show up at the Federal Court, where he was due to face a grilling over the collapse of Queensland Nickel.
A twenty-fold increase in net profit was not enough for Whitehaven to meet analyst expectations.
Clive Palmer is suing Prime Minister Malcolm Turnbull and Employment Minister Michaelia Cash for $10 million each over allegedly defamatory comments they made about the demise of Queensland Nickel.
Rio Tinto has asked banks to pitch for a role advising on the divestment of its last remaining coal operations in Australia.
A rerun of China's massive stimulus during the financial crisis is set to offer another boost to global metals prices.
Brazilian miner Vale said it produced a record 349 million tonnes of iron ore in 2016, above its own guidance.
Asked why he chartered the private flight, Mr Palmer said it was for staff safety reasons.
South 32, the spin-out of orphan assets from BHP Billiton, has benefited handsomely from the surge in metal prices in the latter part of 2016, but has opted to hang on to a large chunk of its cash.
China is considering reinstating coal output restrictions to avoid the return of a glut after easing limits during winter.
Iron ore futures in China fell more than 1pc after reaching a record high in a rapid rally spurred by rising steel prices.
Clive Palmer has told a court he can't remember why he ordered Queensland Nickel to pay $US15 million into a personal bank account he held in Hong Kong, saying it might have been for parties.
Clive Palmer says he has formally launched legal proceedings against Prime Minister Malcolm Turnbull, through which people will find out "what really happened" in the collapse of Queensland Nickel.
Commodities are in the longest rally in almost three years, and investors in exchange-traded funds are taking note.
Striking workers at Chile's Escondida copper mine have accepted a government invitation to try to resume talks with BHP.
China's iron ore futures rose for a sixth session in a row, hitting their highest in more than three years.
It's the fight that has become the proxy war between the pro and anti coal forces in Australia and it's entering its fiercest round.
Day traders in China? Taxi drivers in Dalian? Take your pick, but either way the sustained surge in the iron ore price has caught the smart money by surprise while giving a second wind to a group of second tier iron ore miners which have been struggling with busted balance sheets and bloated costs to stay afloat.
Clive Palmer says he will sue Prime Minister Malcolm Turnbull and Employment Minister Michaelia Cash for defamation over "lies" about his role in the collapse of Queensland Nickel.
Iron ore surged 6.5 per cent, confounding analysts, amid rising demand for steel in China and optimism about that demand.
China may force steel producers to cut more output next winter as it intensifies its war on smog, a draft document showed.
The price of iron ore has scaled new heights in recent days but analysts are proving reluctant to update their stock forecasts to match.
Newcrest has benefited handsomely from the stronger gold price, which, together with the ongoing operational turnaround, helped the miner lift earnings and restore the interim dividend.
Iron ore keeps getting told the end is nigh: so far in 2017, the response has been the end's just another high.
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