Rio Tinto has announced a binding agreement with Glencore to sell its entire 82% stake in Hail Creek coal mine in Queensland to Glencore for US$1.7 billion (A$2.2 billion).
The deal, which also includes
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New SA premier vows to help businesses
South Australia’s premier-elect Steven Marshall says his Liberal Government plans to focus on growing the economy by helping businesses after 16 years of Labor rule in the southern state.
The SA Liberals
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Coalition working Senate to block MUA-CFMEU merger
The controversial merger of two of Australia’s largest and most militant workers’ unions is under threat, after Senate crossbenchers confirmed they were in negotiations with the Turnbull Government
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Newcrest opts for ocean-dumping for PNG tailings solution
Tailings from Newcrest Mining’s proposed copper-gold mine in Papua New Guinea will be deposited into the ocean, under updated plans for a higher-capacity project with an improved rate of return.
Newcrest
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Harding calls for “proven” competition boss
Aurizon boss Andrew Harding has reportedly stepped up his criticism of the Queensland Competition Authority, saying its next chairman will need to be “commercially minded” if he or she is to fix a
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Live bottom trailer available in west
Etnyre Falcon live bottom trailers are now available to WA, SA and NT bulk handling and agriculture industries.
WA-based road transport equipment manufacturer Bruce Rock Engineering has been appointed
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Carmichael boss hits back at ‘loudest voices’
Adani Australia chief executive Jeyakumar Janakaraj has labelled critics of the Carmichael coal mine the vocal minority, and has reinforced the company’s determination to mine the Galilee, despite recent
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Sino Iron takes another impairment
CITIC has yet again taken a major hit on its Sino Iron magnetite project in the Pilbara, writing down the value of the mine by roughly $1.3 billion this week.
The Chinese conglomerate announced this week
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Aurizon lambasts regulator’s ‘fundamental failure’
A draft ruling limiting Aurizon’s Central Queensland Coal Network revenues “fundamentally fails” to recognise the commercial and regulatory risks involved in the network’s operation, the company
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Cadia mine offline after tailings dam breach
Copper-gold miner Newcrest has suspended operations at its Cadia mine after a tailings dam embankment slipped on March 9.
Newcrest has advised the market its FY18 will not meet earlier guidance because
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