latest news
Record pay out for BHP investors
Mining giant BHP has posted a 37 per cent drop in full-year net profit after taking heavy writedowns on its US shale assets that are being sold to British petroleum giant BP and US group Merit Energy.
BMN to axe takeover bid if Poseidon raises cash
The US private equity firm stalking Poseidon Nickel is threatening to abandon its $67 million cash offer if the explorer proceeds with a capital raising flagged today.
Alcoa workers vow to continue strike action
About 1400 Alcoa workers have voted almost unanimously in favour of an indefinite strike after failing to come to an agreement with their employer over an Enterprise Bargaining Agreement.
FMG profit slumps as China chases higher grades
Fortescue Metals Group’s annual profit has slumped 58 per cent, missing estimates, due to declining prices and demand for its iron ore from China.
Black Mountain prepared to spend
Texas-based Black Mountain Metals has lobbed a $67 million cash bid for Poseidon Nickel, sending shares in the Andrew Forrest-backed explorer sharply higher.
Evolution Mining post profit
Evolution Mining has lifted full-year profit 21 per cent to $263.4 million, helped by the sale of its Edna May gold mine in WA for $90 million.
industry insight
Clash of the titans
In October 1963, the world held its breath as a tense political standoff between two hegemonic
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Seeing is believing
DDH1 breaks drilling depth mark
Two-pronged approach to frontline innovation
interview
Great expectations
Lang Hancock, the man responsible for discovering the Pilbara’s enormous iron ore deposits, undoubtedly left an extraordinary legacy.
