latest news

Plunging commodity prices have knocked Clive Palmer off Australia's top 50 rich list.
An investor group which includes two directors of Resource Equipment has yet to sell into a Texan billionaire's $115 million play for the mining services firm despite the board unanimously urging other shareholders to accept the offer.
Exploration and production company Beach Energy will cut capital expenditure by 20 per cent in response to the recent slide in oil prices.
Fortescue Metals Group has cut its production costs 11 per cent and flagged further reductions as it responds to lower iron ore prices.

cutting edge


Should the government ban mining companies from using the 100 per cent FIFO employment model?

other news

article thumbnailWoodside in gas dispute with China

Woodside Petroleum has been accused of holding back natural gas shipments from C ... 

article thumbnailSandfire extends DeGrussa's life

Sandfire Resources has extended the underground minelife of its flagship De Grus ... 

article thumbnailMt Gibson warns of big impairment

Mt Gibson Iron has warned of a big, non-cash impairment of $850-$950 million in  ... 

article thumbnailIndependence up on solid quarterly

Independence Group has posted unaudited profit of $21.6 million in the December  ... 

article thumbnailRavensthorpe jobs remain

First Quantum Minerals has delivered some post-Christmas cheer to 600 Western Au ...