Friday 20th Apr, 2018
Copper has slumped in price.

Newcrest cuts down debt, boosts gold output

ASX-listed copper/gold miner Newcrest has announced a 27% reduction to its net debt during the 2015/16 financial year. Newcrest managing…
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Bento Rodrigues after Samarco disaster Photo Anonio Cruz Agencia Brasil Creative Commons

Samarco cuts into BHP result

The continued shutdown of BHP’s joint venture Samarco mine in Brazil has resulted in a 2% decline in the miner’s…
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Photo: Shutterstock

CIMIC slammed despite net profit

Shares in construction and contracting firm CIMIC have fallen roughly 20% in early trading, despite the company announcing a first…
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Photo: Rio Tinto

Rio not slowing down on iron ore

Mega-miner Rio Tinto has announced an 8% year-on-year increase in iron ore exports in the first half of 2016. Rio,…
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Two fortescue locos - Photo FMG

FMG exceeds iron ore guidance figure

Fortescue Metals Group has exceeded its guidance figure for iron ore exports in the 2015/16 financial year, reporting a total…
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Malcolm Turnbull. Photo: Creative Commons / Ash Carter

Resources ministry goes to Nationals, Frydenberg gets merged role

The new-look Turnbull Ministry includes a new, 35-year-old resources minister, and sees former resources and energy minister Josh Frydenberg given…
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Arrium operates in the mining and mining consumables manufacturing sectors.

Pay cuts on the table at Arrium

Arrium’s administrators are reportedly seeking a 17% pay cut in negotiations with workers at the failed company’s Whyalla steelworks. According…
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Iron ore rock formation. Photo: Shutterstock

Roper River mine could reopen

A Sydney Morning Herald report this week suggests the Roper River mine in the Northern Territory could be set to…
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