Business

WA is looking to the mining industry to help repair its budget position.

WA 'catastrophe' puts Rio, BHP in firing line

The cash-strapped Western Australian state government will ask Rio Tinto and BHP to pay an upfront multi-billion dollar fee in exchange for cancelling an ongoing levy on their iron ore production.

BHP Billiton chief executive Andrew Mackenzie stressed to shareholders that the miner is open to selling parts of the ...

Options for US shale unit under review: BHP

BHP Billiton is assuring shareholders that it's exploring numerous options for its contentious US shale unit amid pressure from activist investor Elliott Management to carry out a wider review of petroleum operations.

A spokesman for George Soros dismissed BSGR's claims as a "PR stunt".

'He's nuts': Soros blasted in mining brawl

Israeli businessman Beny​ Steinmetz has labelled George Soros "nuts" and accused him of trying to upset his hopes of developing the Simandou iron ore mine in Guinea, according to a media report.

Commodity trader Noble Group is in big trouble.

Global trader is 'fighting for its life'

Noble Group Ltd.'s crisis deepened after S&P; Global Ratings flagged a risk of default for the commodity trader within a year, triggering a rout in the company's shares before they were suspended in Singapore ahead of a company statement. The 2020 bonds fell to a record low.