Business

BHP was capable of making some dire investment decisions.

BHP takes the broom to shale assets

BHP Billiton won't want to appear like its decision to sell a lick of its American onshore shale oil and gas assets is a response to bullying from US activist shareholder Elliott Associates.

The Anglo American unit sold 14.1 million carats, in the first quarter, and mined 7.4 million carats, it said in a ...

De Beers diamond selling spree

De Beers went on a selling spree in the first quarter after India torpedoed demand abolishing large-denomination banknotes.

"If inventories (at Chinese ports) were unwound and dumped onto the market, there's a greater momentum for the downward ...

Iron ore's extended retreat

Iron ore is destined to retreat back below $US50 a tonne next year as supplies go on rising, says Westpac's Justin Smirk.

The Tax Office said Chevron claimed excessive deductions for a loan.

Chevron eyes high court as it loses landmark tax case

Multinational oil giant Chevron has lost its appeal against a multimillion-dollar tax bill issued by the Australian Taxation Office, setting the scene for the tax man to challenge other companies with dubious tax schemes.

China's crude steel output reached a record 72 million tonnes in March as mills anticipated brisk seasonal demand ...

China steel futures rebound

​Iron ore and steel futures in China bounced back on Thursday from a three-day fall and after a volatile session.

George Soros has been targeted in a new lawsuit.

Rio Tinto dragged into $10b mine brawl

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.