Mining & Energy
Davies to bolster TC Corporate
12:00AMPAUL GARVYEAdvisory firm TC Corporate has recruited former Gryphon Partners and Standard Chartered investment banker Matt Davies
NRW won’t bid for Macmahon
12:00AMBridget Carter, Scott MurdochMacmahon shareholders hoping for a third party to save it from the clutches of Cimic can scratch NRW off their list.
FIRB hurdle for Yancoal bid
12:00AMBridget Carter, Scott MurdochYancoal is facing a tough task to build its war chest to spend $3 billion on Rio Tinto’s Hunter Valley coal assets.
Gladys unplugged by power goal
12:00AMKYLAR LOUSSIKIANNSW Premier Gladys Berejiklian was yesterday unable to name the state’s clean energy target.
Gas carbon capture ‘cheaper’
12:00AMMATT CHAMBERSCatching carbon from gas power plants can provide cheaper secure electricity than wind and solar
Iron ore surge defies doubters
Matt ChambersPrices of iron ore, the nation’s biggest export, continue to defy expectations as Chinese steel demand hits new highs.
Energy players told to adapt
Matt ChambersThe nation’s gas and coal sectors risk stagnating if major players do not make big, transformational changes.
Taxpayers set to fund coal power
DENNIS SHANAHANThe Turnbull government is looking at legislation to allow taxpayers to fund a new coal-fired power station.
Hospitals not exempt from blackouts
MICHAEL OWENHospitals in regional areas are not exempt from having their mains power cut during future load shedding blackouts.
Renewables rise hits farmers
PIA AKERMANThe Mulcahy brothers have a question for politicians: why are they making Australia less competitive than the rest of Asia?
‘Dramatic energy action’ doubt
MICHAEL OWEN, KYLAR LOUSSIKIANThe federal government has questioned the likelihood of ‘dramatic intervention’ in the national electricity market.
Whitehaven backs clean coal plan
Matt ChambersPaul Flynn says “clean coal” plants are driving Asian demand for the high-quality black coal his company mines.
‘Ray of light’ in Santos tunnel
PAUL GARVEYThe oil and gas producer is starting to shift out of survival mode and will once again start looking to growth.
Gold miner Beadell in $40m raise
Paul GarveyBeadell Resources is the latest gold miner to take advantage of strong conditions, launching a raise of up to $46m.
Santos trims loss to $US1bn
Daniel PalmerGas impairments have dragged Santos to another big loss, but good progress may mean it will resume dividends.
Clean coal ‘driving demand’
Matt ChambersAustralia should level the field between fossil fuels and renewables, says Whitehaven, as clean coal plants drive Asian demand.
Labor RET ‘crazy, reckless’
RACHEL BAXENDALE, SIMON BENSONMathias Cormann adds to Coalition attacks on Labor’s retreat from a 50pc renewable energy target by 2030.
Clive’s paid-up mystery women
Sarah ElksClive Palmer says his relationship with a Kyrgyzstan woman to whom he paid $1m was strictly business, not personal.
Ditch green targets, states told
ANNABEL HEPWORTHLabor state governments face new demands to ditch overlapping renewable energy targets.
South32 saves cash for growth
PAUL GARVEYA bumper result has not shaken the diversified miner’s conservative approach to dividends.
Chinese buy WA goldmine
PAUL GARVEYChina’s Shandong Tyan Home has agreed to pay $330m for the Southern Cross gold operations west of Kalgoorlie.
Citic warns of Sino Iron collapse
PAUL GARVEYCitic says the future of Sino Iron hinges on securing the “co-operation” of its estranged partner Clive Palmer.
Evolution in record $137m profit
PAUL GARVEYEvolution Mining chairman Jake Klein expects the goldminer’s record earnings to grow even further this year.
Origin MD shrugs off $1.68bn loss
Matt ChambersOrigin Energy chief Frank Calabria is undeterred by a record $1.68bn first-half loss.
Origin’s King joins BHP board
Matt Chambers, Daniel PalmerBHP Billiton has appointed recently retired Origin Energy managing director and founder Grant King to its board.
Nephew’s location ‘unknown’
Sarah ElksClive Palmer “doesn’t know” the whereabouts of the former Qld Nickel director, who is due to face court next week.
Grant King joins BHP board
Daniel PalmerBHP has tapped former Origin Energy executive Grant King to join its boardroom table.
Labor ‘white flag’ on RET
JOE KELLYMark Butler appears to confirm that Labor’s 50pc renewable energy target will be an aspiration, not a legislated commitment.
South32 strikes its own riches
Stephen BartholomeuszSouth32 is still young, but the miner has vindicated its strategy and shown the power of good management.
Origin loss widens to $1.68bn
Daniel Palmer, Matt ChambersOrigin has been dragged to a deeper interim loss and revealed a $3.9bn before-tax writedown of the APLNG project.
