Australian shares eye record as banks and miners rally
Australia's share market is within striking distance of its highest close after its best day in two weeks, as investors look past US-China trade jitters.
Australia's share market is within striking distance of its highest close after its best day in two weeks, as investors look past US-China trade jitters.
More taxpayer bailouts could be on the horizon for ailing facilities after a $600 million lifeline to one mining giant.
Mining giant Glencore has been urged to invest in a struggling community after a $600 million taxpayer-funded bailout to secure hundreds of jobs at a smelter.
business (general)
economy, business and finance
international relations
mining
politics
trade dispute
Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.
China's state-run iron ore buyer has told the country's steelmakers and traders to temporarily halt purchases of all new BHP cargoes.
Australian mining magnate Clive Palmer has been ordered to pay more than $13 million after an international tribunal dismissed claims he was a foreign investor.
coal
conservation
economy, business and finance
environmental issue
environmental politics
labour
mining
The extended shelf life of coal-fired power has enraged conservation groups, with one state declaring it will be in use for decades.
A resources sector peak body has issued a "call to arms" urging businesses to join the fight against a state government's controversial coal royalties scheme.
A veiled swipe has been taken at "fairweather friends" by the premier of a state losing hundreds of mining jobs against the backdrop of a fight over royalties.
A government royalty regime must be reassessed after three coal companies announced job cuts and mine closures in recent days, an analyst says.
board of directors (appointment and change)
company information
economy, business and finance
mining
The world's largest mining company BHP is expected to appoint the first female leader in its 140-year history, according to a report.
A third mining company in as many days has announced job cuts, taking aim at a coal royalties scheme as it prepares to close an underground site.
About 1000 workers will be out of a job after a second major miner revealed cuts, sparking fears communities will pay a heavy price in a royalties dispute.
A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.
A fire has kept burning on a coal mining lease for four years, with cultural custodians celebrating the anniversary with talks, music and ceremony.
A breakthrough to help with establishing a human colony on Mars could be hidden in its iron-rich red surface, Australian researchers say.
A major Australian coal producer has reported better-than-expected production from its new mines, but price pressures cut into its full-year result.
More mining giants may clean up their operations if the government capped generous credits on diesel fuel and incentivised green projects, a report finds.
BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.
Glencore says it will keep its primary listing in London, shelving a possible move to New York.
Shares in rare earths miners are soaring as the federal government indicates its support for a taxpayer-funded minimum price for the electronics ingredients.
Investors have shrugged off the previous week's gloom to send Australian equities to their best-ever close as rate-sensitive stocks led the bourse higher.
Catastrophe has been avoided with the bailout of two smelters, says a union that now urges governments to safeguard the nation's metal manufacturing capability.
Goldminers were beaming while uranium diggers ran for cover as mining's winners and losers took centre stage at a leading industry conference.
The final trapped worker in a Chilean mine has been found dead, bringing the final death toll to six after several tunnels collapsed in a strong tremor.
alternative energy
business (general)
energy
energy (general)
energy and resource
energy resources
environmental issue
environmental politics
exports
metal and mineral
mining
pollution
renewable energy
Two major Australian green hydrogen projects have been abandoned within weeks but experts say it will give investors time to rethink the future of the fuel.
A delegation is visiting Canberra to plead for a bailout for the copper industry to prevent an "economic death spiral" in north Queensland.
One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.
Activists hope to stop a proposed mine that will dig up an additional 17 million tonnes of coal a year, claiming emissions will worsen natural disasters.
diplomacy
economy, business and finance
exports
imports
international relations
iron and steel
mining
natural resources
politics
Efforts to end Chinese ownership of an Australian port highlight challenges to the prime minister's ambition to grow business ties between the two nations.
Biosecurity authorities are on alert after destructive fire ants were found at a coal mine 800 kilometres from the previous infestation zone.