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Rio Tinto could be seeking to shed as many as 800 Western Australian  iron ore workers, according to unions, who have called on the mining giant to clarify its intentions.
Shares in Evolution Mining fell sharply after Newcrest Mining cut its stake in the gold miner from 32.3 per cent to 14.9 per cent.
Beadell Resources will pay a maiden dividend of one cent a share unfranked despite the gold miner unveiling an 88 per cent plunge in full-year profit.
Oil and gas-focused engineering company Clough has largely held on to profit levels despite enduring a fall in revenue of almost 30 per cent.

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article thumbnailRio merges coal and copper units


Rio Tinto will merge its copper and coal divisions into one business as part of  ... 


article thumbnailGlencore slashes


Global mining giant Glencore will reduce coal production in Australia by 15 mill ... 


article thumbnailNRW dives on $120.6m loss


Shares in NRW Holdings fell after the mining contractor posted a first-half loss ... 


article thumbnailTeen gets $25m in will tussle


Teenager Olivia Mead, who grew up in Perth's outer suburbs and unspoilt by her b ... 


article thumbnailSandfire's profit slides 9pc

Sandfire Resources has posted a first-half profit of $30.6 million, down 9 per c ... 


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