August 24, 2011 Glencore bids for Australian nickel miner Shares of Minara Resources jumped 36% today on news of a takeover bid by Swiss-based commodities trader Glencore Resources. Glencore, which went public in May with an astonishing $11 billion…
August 24, 2011 Gloucester profit surges 67% Gloucester Coal has increased first-half profit by 67 per cent as three recent takeovers give the miner growth opportunities. The profit surge came despite a reduction in production due to…
August 24, 2011 Record profit means BHP still has $60 billion left for expansion after Petrohawk deal BHP Billiton reported record annual results and beat analyst estimates in the process, after prices of copper, iron ore and coal reached all-time highs because of demand from China. Profit…
August 24, 2011 Australian takeover target Macarthur Coal almost doubles annual profit to $253 million Macarthur Coal Ltd. has nearly doubled its full year profit and repeated its advice to shareholders to reject a takeover offer from U.S energy giant Peabody Energy Corp. and Luxembourg-based…
August 23, 2011 NZ residents ‘terrified’ by bid for giant goldmine under Waihi A bid to build a huge new underground goldmine beneath Waihi has sent shockwaves through the Hauraki township and could spark fresh protest action. Newmont Waihi Gold yesterday revealed plans…
August 23, 2011 BHP throws BlueScope workers a lifeline BlueScope Steel has been slammed after paying execs millions of dollars in bonuses as it lays off workers. Australia's biggest company is keen to hire workers sacked by BlueScope Steel.
August 23, 2011 Push for Gulf iron ore mine gathers momentum Western Desert Resources has taken another step toward developing an iron ore mine in the Gulf country of Australia's Northern Territory.The company is proposing an open-cut iron ore operation in…
August 23, 2011 Global crude steel output in July 2011 up by 11pct YoY World crude steel production for the 64 countries reporting to the World Steel Association was 127 million tonnes in July 2011. This is 11.5% YoY higher than July 2010.
August 23, 2011 Parkinson: coal is the new black A schooner of beer that costs $60? A loaf of bread for $20. A shirt that costs $350? There have been some wild claims on both sides of the climate…
August 23, 2011 BHP rules with iron fist Mining giant BHP Billiton has defended as "effective" its strict office etiquette policy, which bans workers from eating pungent food, throwing jackets on their chairs or leaving Post-it notes on…
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
