Resources and Energy

No time to waste on power plan: NSW govt

by AAP
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Baird hopes legislation for poles and wires privatisation will pass within a fortnight.

Fortescue shares lift on Chinese whispers

by AAP
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Miner says it is unaware of any FIRB applications by third parties.

AGL plans $1bn in divestments

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Group outlines corporate strategy, reaffirms FY profit guidance, shares hit 8-year high.

Fortescue unaware of FIRB applications

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Miner says it has met disclosure obligations amid speculation of moves by Chinese groups.

House prices plunge in WA's Pilbara

by AAP
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Median house prices in Karratha plunge 34% in a year amid the mining downturn.

Boart still facing weak demand

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Drilling services group's outlook unchanged amid weak demand for its services, products.

Why China is no threat to Fortescue

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China knows that any large-scale investment by an SOE will be politically sensitive, which suggests any proposal for Fortescue will result in minimal control over its affairs.

UGL inks $190m BP contract

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Engineering group awarded 3-year joint venture contract to operate, maintain fuel terminals.

BP streamlines local fuel units

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Oil major brings in operating partners at local fuel terminals and regional business sales.

Supercomputer for Woodside data

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Oil and gas company taps IBM's Watson to analyse three decades of data.

Iron ore price rallies 2%

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Price of commodity pushes back above $US60 a tonne in second straight positive session.

A thin veil for irrational behaviour

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Hysteria about Vale -- and errant comparisons of Fortescue's successful cost reduction journey -- are a thin veil for irrational behaviour closer to home.

Nigeria's cocoa industry fears shutdown due to fuel shortage

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Nationwide shortage enters fourth week, affecting banks, telcos and other sectors.

NSW power sell-off bill to be introduced

by AAP
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Baird government won't wait for the upper house inquiry in power privatisation.

Chinese looking at Fortescue: report

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Baosteel, CITIC in recapitalisation talks as FIRB receives proposals.

Race for Telfer asset eases with M&A

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Unusually busy day of gold industry consolidation possibly leaves Newcrest asset with fewer buyers.

M&A creates two mid-tier miners

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Independence-Sirius will be a $2.8bn player; Evolution to become second largest gold miner.

Newcrest signs exploration deal

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Gold-copper exploration deal worth up to $20 million.

Independence to acquire Sirius

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Sirius Resources board urges shareholders to accept $1.8bn offer, Sirius shares surge 20%.

OZ Minerals fast-tracks mine work

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Group outlines new dividend policy, aims to mine Prominent Hill as rapidly as possible.

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