Mining & Energy
Senate plot to expose Premier
Annastacia Palaszczuk may have torpedoed the Adani mine but her shock veto move raises more questions than it answers.
Fortescue faces 70pc value hit
Fortescue could be worth 70pc less if the current deep discounts for its ore persist, Credit Suisse says.
Mustang investors take a hit
The Australian Securities Exchange says it will not reverse recent trades in Mustang Resources.
Rinehart freezes $570m dividends
Gina Rinehart has frozen more than $570m of dividends from her company Hancock Prospecting.
Electric car to ‘lift copper demand’
BHP Billiton says electric car production could boost global copper demand by half in the next 18 years,.
Clean energy fund spending big
The federal government’s green investment fund almost doubled its investments in 2016-17.
Row halts $570m dividend
Iron ore magnate Gina Rinehart has frozen more than $570m of dividends from her company Hancock Prospecting.
Guarantee may curb power price
Pressure on retailers to meet the National Energy Guarantee should help lower electricity prices, says KPMG.
Cars to fuel copper boom: BHP
BHP has said that electric car production could boost global demand for copper by half in the next 18 years.
Kidman chairman to retire
Brad Evans has been appointed interim chairman as the company hunts for a replacement.
Chinese see ore price holding
Iron ore’s slide on the back of Chinese pollution controls has not worsened the price view of China’s miners.
Oil Search moves into Alaska
Oil Search chief executive Peter Botten believes the company will offer a growth profile unmatched by its peers.
Nuke ban at UN riles miners
The Minerals Council of Australia has slammed the UN for blocking the nuclear industry from a clean energy forum.
Oil Search in big Alaska oil buy
Oil Search has struck a deal to spend $US400m on interests in what may be one of the largest US oil finds in decades.
Alinta set for Loy Yang B victory
Speculation is mounting that Alinta Energy has ousted China Resources in the competition for the power station.
New Vintage eyes Galilee gas
Beach Energy alumni Reg Nelson and Neil Gibbins’s Vintage Energy has inked a $8.5m deal to tap into Galilee Basin gas.
BP earnings rise on cost cuts
BP’s third quarter net earnings rose as the energy company cut costs and increased production to adjust to lower oil prices.
Gupta powers on with expansion
Sanjeev Gupta says Australia has the highest electricity costs in the world, but sees that as ‘an opportunity’.
FMG taps into electric car boom
Fortescue says it will drill for lithium, as the demand for the battery mineral rises to run electric cars.
Roy Hill plans driverless trucks
Gina Rinehart’s Roy Hill mine in WA plans to start using driverless mining trucks in the second half of next year.
Wheatstone ships first LNG
The first shipment of liquefied natural gas has left the Chevron-led Wheatstone LNG project in WA bound for Japan.
Robots for Rinehart’s Roy Hill
Gina Rinehart’s Roy Hill iron ore mine plans to role out driverless mining trucks in 2018, as it eyes upping capacity.
Court extends Samarco deadline
A Brazilian court has extended the deadline for BHP Billiton and Vale to negotiate a settlement over the Samarco dam disaster.
FMG to drill for WA lithium
In a change of tack for FMG, chief Nev Power says the miner is about to start drilling for big lithium deposits in WA.
Oil price boosts Beach revenue
Beach booked a jump in sales revenue in the September quarter, as oil prices surged.
Emeco buys Force Equipment
The mining services provider will raise $69.8m to fund the purchase.
Oz has ‘highest power costs’
British billionaire Sanjeev Gupta warns ‘out of control’ energy prices are threatening industry.
APLNG ramp-up buoys Origin
Origin Energy’s first-quarter sales revenue jumped on a year earlier, as production from the APLNG project picked up.
UN energy forum shuns nuclear
The UN has blocked the nuclear industry from participating in an international forum on clean energy.
WA puts GST caveat on pipeline
Western Australia is considering using a proposed gas pipeline to the east as leverage for greater GST share.
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