Wednesday 26th Apr, 2017
Photo: Shutterstock

AIG calls on PM for more gas help

The Australian Industry Group has called on Prime Minister Malcolm Turnbull to do more to help local gas buyers with…
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Coal. Photo: Shutterstock

South32 abandons coal buy amid ACCC concerns

BHP Billiton spin-off South32 has cancelled its US$200 million acquisition of Peabody’s Metropolitan Colliery in the Illawarra, after the competition…
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Iron ore stockpiles at Port Hedland. Photo: BHP Billiton

Iron ore slides despite China growth

The price of iron ore has now fallen by more than 30% since its February peak, despite news this week…
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Coal wagons Aurizon. Photo: Aurizon

Debbie to cost Aurizon $100 million

Aurizon has lowered its earnings forecast for FY17 by between $100 million and $115 million, because of extended shutdowns after…
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Newcrest Cadia operation. Photo: Newcrest

Seismic event shuts Newcrest’s Cadia gold mine

Copper-gold miner Newcrest has warned investors that its Cadia operation in central west NSW will not meet its FY17 guidance,…
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Photo: RailGallery.com.au

Rail funding for Adani would breach policy, green group claims

The Australian Conservation Foundation (ACF) says a $1 billion loan from the Commonwealth’s Northern Australia Infrastructure Facility (NAIF) for a…
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Photo: BHP Billiton

BHP rejects call to demerge petroleum assets

BHP Billiton has knocked back an investor’s proposal to demerge its petroleum assets and end its dual-listed status to realise…
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Adani's Carmichael project is a potential $16bn mine and rail venture. Photo: Shutterstock / Adani

Debate flares over $1bn loan for Adani rail line

Prime Minister Malcolm Turnbull says he has spoken with Adani chairman Guatan Adani about the company’s plans to apply for…
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Money. Photo: Jim Wilson

Dar Group buys more of WorleyParsons

Shares in engineering firm WorleyParsons have jumped more than 6% in the past week, after Dubai-based Dar Group reportedly bought…
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