Both remaining firms bidding for beleaguered mining and metals business Arrium want to acquire the company in full, according to multiple reports.
Several sources have indicated administrator KordaMentha
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Ex-Rio boss Walsh cooperating as AFP opens Guinea probe
Former Rio Tinto chief executive Sam Walsh will reportedly cooperate with the Australian Federal Police after it opened an investigation into an alleged bribery incident relating to the Simandou iron ore
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FMG denies Curragh coal bid
Fortescue Metals Group has denied reports it has submitted an indicative bid to acquire the Curragh coal mine assets from Wesfarmers Resources.
A report from Bloomberg this week indicated FMG,
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Grylls grills PM over mining tax
WA Nationals leader Brendon Grylls has labelled Malcolm Turnbull a hypocrite for opposing a $4.75 per tonne iron ore tax increase.
Grylls is stirring up support ahead of Western Australia’s state election
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‘Clean coal’ bid sparks CEFC debate
A bid for the Clean Energy Finance Corporation to provide funding to a $1.2 billion dollar ‘clean-coal’ power project has been linked to controversial businessman and former politician Clive Palmer.
Fairfax
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New owner for ABHR
The leading magazine title in the bulk handling industry, Australian Bulk Handling Review has a new owner, Mohi Media.
Announcing the sale, Informa Publishing Director, Peter Attwater, said the company
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Big bounce-back for BHP
BHP Billiton has announced a profit for the first half of FY17 thanks to a major surge in commodity prices.
The miner this week announced a $4.2 billion net profit, compared to a $7.8 billion loss in the
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BlueScope latest to warn of energy ‘catastrophe’
BlueScope boss Paul O’Malley has credited cost improvements and sales growth with a $159 million profit increase in the first half of FY17, but has warned of an impending energy crisis which could cost
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$2.4m interim net loss for WorleyParsons
Reducing internal costs and improving customer delivery will remain priorities for engineering group WorleyParsons, after the company announced a FY17 half year statutory net loss of $2.4 million after
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Smelter boss slams energy sector
The boss of Newcastle’s Tomago aluminium smelter has raised concerns that the Australian energy market is not suitable for his business, and puts his plant at risk.
Tomago Aluminium chief executive Matt
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