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Earthquake puts Cadia targets out of reach: Newcrest
Newcrest Mining has said it no longer expects Cadia Valley Operations to meet its production targets following Good Friday's earthquake, with underground work to remain on hold.
Newcrest Mining has said it no longer expects Cadia Valley Operations to meet its production targets following Good Friday's earthquake, with underground work to remain on hold.
There are fears America's surge in shale output this year will counter OPEC-led efforts to cut a global supply surplus.
Gold hit a five-month high on Monday as investors took refuge in safe-haven assets in the wake of rising geopolitical tensions over North Korea.
Rio Tinto's Simandou mine nightmare has taken a colourful twist, with the mining giant dragged into a $10 billion court brawl between Israeli magnate Beny Steinmetz and fellow billionaire and hedge fund legend George Soros.
US businessman Paul Singer says collapsing BHP's dual-listing structure could unlock significant shareholder benefit.
Nev Power, the man who runs Andrew Forrest's third force in iron ore, Fortescue, is something of an optimist.
Clean Air Queensland says communities are being exposed to undisclosed and unregulated fine particle pollution concentrations.
BHP Billiton has flatly rejected activist investor Elliott Management's proposal to shake up Australia's biggest mining company, but the fight has barely begun.
โCopper prices rebounded from their lowest level in three months, helped by a weaker US dollar and upbeat China trade data.
Iron ore is at risk of extending declines in the coming weeks after the biggest one-day slump in more than a year.
Activist investor Elliott Associates has accused BHP Billiton of taking a "do nothing" approach to its manifesto for creating greater value for shareholders.
Fortescue shares slumped on Thursday as a steep decline in the spot iron ore price and lower production in the March quarter soured sentiment.
The largest acquisition by a Chinese government entity of Australian assets has been greenlighted with FIRB not opposing the $US2.5 billion purchase of Rio Tinto's suite of NSW coal assets.
โCopper slid to three-month lows as a tentative recovery in broader financial markets lost steam, amid geopolitical tensions.
Rio Tinto restated on Wednesday its decision to continue discussions regarding the future of its stake in the Grasberg mine in Indonesia.
Gold jumped nearly 2 per cent amid mounting concerns over North Korea, the Middle East and the looming French election.
Do BHP shares trade at a discount or a premium? Asking the correct question is essential in deciding whether any rejig has merit.
One of BHP Billiton's largest shareholders has called for an overhaul of the group's structure which it argues could release billions in dollars of value for shareholders
BHP Billiton and also analysts have rejected a plan by activist shareholder Elliott Advisors to reform the miner, saying the costs would outweigh any benefits.
Iron ore's recent descent may herald further weakness, with Barclays pinning the blame on lower steel demand in China.
Australia received the bulk of Rio Tinto's taxes over the past year, even as it remains locked in dispute with the tax office over tax shifting abroad.
The lingering impact of Cyclone Debbie on Queensland's exports of coal will begin to ease this week for some exporters as work is expedited to repair the multiple rail links which shift the millions of tonnes of coal to port.
The Australian dollar has fallen to its lowest since mid January as iron ore is getting beaten back in a told-you-so rout.
Cyclone Debbie has put supply of coking coal at risk, forcing big buyers like China and Japan to scour the world for alternative supplies and fuelling a rally in prices.
The move comes after Kingsgate stepped up the pressure on the Thai government to seek talks as well as compensation for its mine being shut down.
Government coffers will benefit from the "stronger for longer" spike in commodity prices.
Copper rose 2 per cent, reflecting strength across base metals following upbeat jobs data from the United States.
Rio Tinto will pay the ATO almost $200 million after being hit with amended income tax assessments totalling nearly $450 million.
Sensible voices must acknowledge that building one of the world's biggest coal mines is environmentally reckless and incongruent with the direction of energy markets.
BHP Billiton is still counting the costs of a six-week strike at one of its biggest mines, but Chile is estimating it at $1.3 billion plus.