Monday 19th Mar, 2018
Borneo seen from space. Photo: NASA

Indonesian asset key to coal rebound: BHP

BHP Billiton could soon increase its Indonesian coal mining efforts, with the company’s Indonesian coal boss announcing a second mine…
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Coal. Photo: Shutterstock.

Bank exposure to coal projects ‘drowning in greenwash’

Australia’s biggest banks seem more concerned with disclosing how much paper they recycle than their lending exposure to coal mines,…
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Joe Hockey - Public domain

Hockey hints possible funding for Adani rail line

Australian treasurer Joe Hockey says he’s working with Queensland treasurer Curtis Pitt to convince Indian conglomerate Adani to build its…
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Iron ore train - credit BHP Billiton

Stubborn BHP lowers China steel forecast

After months of denying speculation that China’s steelmaking would not keep pace with earlier forecasts, major Anglo-Australian miner BHP Billiton…
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Fortescue Chief Executive Officer Andrew Forrest aboard the first train loaded with iron ore. Photo: FMG

Fortescue spruiks assets as profit slumps

A year of declining commodities prices have led many to question the future viability of Australia’s third player in iron…
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Credit: Boart Longyear

Boss of driller Boart steps down as losses continue

Drilling company Boart Longyear is looking for its next chief executive, after Richard O’Brien announced on Monday he would step…
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Pacific National at Chullora. Photo: Cameron Boggs

Brookfield to acquire Asciano after raising bid

The Bermuda-based group which owns WA’s Brookfield Rail has agreed to terms with Pacific National owner Asciano, and will acquire…
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Pacific National class 92 locomotives hauling a coal train over a rail bridge crossing the Hunter River at Singleton, NSW. Photo: Creative Commons / Bluedawe.

Cost cutting pays off for bulk rail operators

Aurizon and Pacific National, Australia’s two largest bulk rail businesses, both substantially increased earnings in 2014/15, despite drops in revenue….
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