Resources and Energy

Rinehart says regulation is killing jobs

by AAP
Mining magnate Rinehart says regulation costs Australians $250 billion a year and kills jobs.

Is the AER about to give Baird an early Christmas present?

1 comment
The energy regulator is set to announce a decision that will impact moves to further privatise Australia’s electricity distribution network.

Mining downturn hits ALS H1 profit

by AAP
Laboratory services company ALS posts 40% slide in first-half profit, eyes earnings growth in Q3.

Second strike forces Heron board spill

by AAP
Mining explorer Heron Resources has urged shareholders to reject board spill plans by a Canadian stakeholder.

The delicate balancing act beneath BHP's simplification strategy

1 comment
BHP Billiton remains committed to generating volume growth despite its push for increased operational productivity and capital efficiency. It won't be an easy task.

Karoon tipped to reveal Santos oil find

Karoon Gas is expected to unveil promising new oil finds from its Kangaroo 2 well in the Santos Basin, off the coast of Brazil.

CGN Power to raise up to US$3.16Bn in HK IPO

China’s largest nuclear plant operator to become first listed pure nuclear play in Hong Kong.

BHP sets new targets, stock rallies

Miner ups savings target to $US4bn by end 2017, shares spike almost 4%.

Hebei to shift steel production abroad

Move is likely to impact 400,000 workers & cost 37 billion yuan in tax revenue.

China business news digest

Leading bankers back PBOC’s rate cut move and Hebei province shifts steel production abroad.

Paladin in $205m capital raising

Uranium miner announces share placement to Chinese private equity, existing shareholders.

'Biggest ever slump' in mining investment looms: BIS Shrapnel

Economic forecaster predicts mining investment will slump by 40% over the next four years.

BHP fleshes out NewCo management team

Miner unveils demerged entity's chief operating officers for Australia, Africa.

Iron ore price dips below $US70 a tonne

Commodity under $US70 a tonne mark for first time since 2009, BREE set to cut forecasts.

Race on for copper assets

OZ Minerals, PanAust may make play for Anglo American's three copper mines in Chile.

Police launch Palmer probe

WA police assessing claims of allegedly fraudulent ­siphoning of more than $12m in Chinese funds.

Rinehart warns on mining regulation

by AAP
Rich lister says 'anti-development message' winning at expense of entrepreneurial spirit.

Oil prices climb on China, OPEC

by AFP
Global prices rise as China cuts interest rates, OPEC considers reducing output.

Baird seeks to quell mine protests

by AAP
NSW Premier to crack down on protesters, halve time to process infrastructure proposals.

Iron ore miner faces a perfect storm

by AAP
Whilst falling iron ore prices pressure junior miner Gindalbie, it still plans to boost production.