October 9, 2012 Rio to cut jobs on concerns over China slowdown Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.
October 9, 2012 BHP sells first bond offering in Australia in over a decade BHP Billiton sold Tuesday A$1 billion ($1.02 billion) of bonds in its first offering of debt in the Aussie market in more than a decade, as the company announces cutbacks…
October 9, 2012 BHP announces iron ore retrenchments on resource sector slowdown BHP Billiton (ASX:BHP) has announced retrenchments for its iron ore operations due to tepid prices and rising costs.
October 8, 2012 Australia’s growth prospects downgraded by IMF on commodities dependence The International Monetary Fund's 2013 growth forecast for Australia has been moderately reduced due to the country's significant exposure to international commodities markets.
October 8, 2012 BHP cuts iron ore jobs BHP Billiton's efforts to control costs in the face of weaker demand for key industrial commodities has shifted to cutting jobs at its Australian iron ore operations, the biggest driver…
October 8, 2012 Arrium spurned billion dollar bid on expectations of iron ore rebound Aussie iron ore miner and steelmaker Arrium (ASX:ARI) has stated publicly that it spurned a $1 billion takeover bid from a Korean consortium due to expectations of a rebound in…
October 7, 2012 Rusal goes cold on Gladstone plant Russian aluminium company Rusal has revealed that it will not invest in a planned $A400 million gas-fired power plant at the refinery of Queensland Alumina Limited (QAL). QAL is a…
October 5, 2012 IBM expands into resource sector as miners strive to tamp rising costs IBM is ramping up its provision of services and equipment to the Australian resources sector as rising costs compel miners to seek to cheaper and more efficient operating methods.
October 5, 2012 West Africa could become the next iron ore hot spot West Africa could become the next hot spot for iron ore due to its untapped bounty of the key steel-making ingredient.
October 5, 2012 Australia plays risky balancing game with Asian suitors bearing FTA’s Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
