Saturday 20th Jan, 2018
Photo: HVCCC

New Hope: Rail undertakings should have been resolved ‘years ago’

New Hope Corporation is seeking a substantial reduction of rail costs from its Queensland mines, as it announced a $20.2…
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Coal wagons Aurizon. Photo: Aurizon

Aurizon nets long-term extension for BHP’s Mt Arthur coal

Rail operator Aurizon has secured a long-term contract extension with BHP Billiton which will see it haul coal from the…
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A nickel ore ship at Townsville, where (inset) Clive Palmer's Yabulu refinery processes it. Photo: Chris Mackey / Southern Cross Maritime. (Inset: Creative Commons / Benjamin J Macdonald)

State looking to dodge potential bill as Palmer shuts nickel refinery to July

The Palaszczuk Government has rushed legislation into State Parliament to protect it from the potential of a multimillion-dollar bill in…
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Photo: Ingram Publishing

1200km rail upgrade supply deal likely to go to Arrium

Malcolm Turnbull and the Australian Rail Track Corporation have announced a 600km East-West rail replacement program will be brought forward,…
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Iron ore rock formation. Photo: Shutterstock

Moody’s downgrades FMG, Russian billionaire sells shares

Russian billionaire Viktor Rashnikov is thought to have sold just under a sixth of his roughly 5% stake in Fortescue Metals…
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Photo: Shutterstock

Palmer back at the helm of Queensland Nickel

Mining entrepreneur turned politician Clive Palmer says he’s saved the Yabulu refinery from bankruptcy, injecting $23m in cash to keep…
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FMG has discussed the possibility of Vale acquiring between 5 and 15 percent of the company. Photo: FMG

Fortescue surges on iron ore price, Vale talks

Fortescue Metals Group has enjoyed a significant share price bounce this week after it announced joint venture talks with Vale,…
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Photo: FMG

Iron ore makes historic bounce, but will it last?

Analysts are doubting the long-term significance of a 19% rise in the price of iron ore on Monday, which boosted…
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