Australia urged to learn from Canada on mining capital BHP chairman Ross McEwan has told the global mining giant's annual meeting that Australia needs to compete for capital if it wants new investment. AAP · Oct 21
Australian shares fall, dragged lower by NAB and BHP The local bourse has mostly recovered from its sharp morning losses to finish modestly lower, with a drop in heavyweight stock BHP driving half of the decline. AAP · Oct 20
Copper hits 10-day low on profit-taking as supply worries ease Copper prices decreased to their lowest point in ten days, influenced by profit-taking and lower supply fears. The decline in prices coincided with rising concerns over inflation and interest rates. After reaching an agreement at the Escondida mine, Chilean miner BHP alleviated worries about possible strikes. Additionally, Asian tech stock… The Economic Times · Oct 15
How U.S. know-how is fracking Australia into a gas boom, from Texas oilmen to Trump’s energy secretary Texas wildcatters, oilfield services giants, and U.S. Energy Secretary Chris Wright helped Australia's Beetaloo Basin deliver its first commercial gas. The hard part is still ahead. Fortune · Oct 10
Australian shares inch higher as caution reigns The ASX has had another challenging week, but has managed to carve out a small gain against a backdrop of local and global risks. AAP · Oct 9
Aussie share market ends flat after lacklustre session The local bourse see-sawed for most of the day before ending little changed as falls in mining and banking stocks kept a lid on any gains. AAP · Oct 7
Inside Fortescue's billion-dollar bet to decarbonize mining—and help rebuild Ukraine Andrew Forrest built Fortescue into an iron ore giant. Now he is staking billions on an accelerated clean-energy overhaul in Australia and a long-shot effort to help revive Ukraine after the fighting ends. Fortune · Sep 23
Aussie shares lift as Fed rate call calms bond market An uplift in financial stocks have helped the ASX claw back some of its recent losses, as easing oil prices and a calming bond market boosted risk sentiment. AAP · Sep 17
Aussie shares tread water as world woes dampen outlook Surging oil prices, inflation and interest rate worries continue to dim the global economic outlook and limit earnings potential. AAP · Sep 14
Record Dragline Relocation Speed: Engineers jack and carry 3,100-tonne machine; ground-bearing capacity, not horsepower, sets limits In an impressive accomplishment, Mammoet successfully relocated a massive dragline 27 kilometers within just ten days at the Peak Downs mine operated by BHP Mitsubishi Alliance. Weighing in at an astounding 3,100 tonnes, this giant was maneuvered using hydraulic jacks and SPMTs. A temporary ramp, completed in 72 hours for… The Times of India · Sep 12
Aussie shares pare losses but fall for third session Oil prices and inflation concerns are looming large over the ASX as expectations of a Reserve Bank interest rate hike continue to rise. AAP · Sep 10
Australian shares inch higher as energy stocks rally The local stock market has had a subdued start to the week, with commodity prices driving sentiment and traders holding back ahead of a US bank holiday. AAP · Sep 7
Shares end week lower as traders brace for higher rates Economic worries continue to subdue the ASX's performance, with sticky inflation and sluggish productivity pointing towards higher borrowing costs ahead. AAP · Sep 4
Copper Surges as Shifting Trade Policy and AI Demand Collide Copper prices hit record highs on tariff-driven stockpiling and AI data center demand, benefiting Freeport-McMoRan, Southern Copper, and BHP, though analysts warn of a tariff-related policy premium. MarketBeat · Sep 2
AAP · Sep 2 Aussie shares fall as uncertainty hangs over markets Miners have sold off sharply after fresh strikes between the US and Iran sent oil prices higher, while bond yields soared as inflation fears swelled.
The Conversation · Aug 31 Some of Australia’s biggest companies are planning for an unbearable climate future Even as unprecedented fires and heatwaves rage across Europe, scientists track the retreat of Antarctic sea ice and a supercharged El Niño system heads our way, Australia’s largest companies are forecasting business-as-usual in a much hotter world.
The Times of India · Aug 25 Fortescue defended keeping an executive at work during a harassment investigation; days later it reversed course and suspended the employee Fortescue is facing renewed scrutiny over workplace conduct as an external investigation into allegations involving a senior executive runs alongside separate legal action brought by former employees. The mining company has confirmed that law firm MinterEllison is examining the allegations, while the executive remains employed as the inquiry continues. At…
AAP · Aug 24 Aussie shares advance as mining stocks hit record highs Commodity price strength has helped push Australia's resources segment to a fresh peak, counterbalancing a rough stint for financials stocks.
AAP · Aug 18 BHP chief labels state's royalty regime unsustainable A sliding scale royalty regime introduced by a state four years ago means investing there is unsustainable, the head of BHP says.
The Guardian - AU · Aug 18 At least 109 BHP workers sexually harassed colleagues in a single year, mining company says Further 104 allegations not investigated due to ‘insufficient information or the wishes of the impacted person’, according to annual report
AAP · Aug 18 Aussie shares flat as health stocks, BHP limit losses Earnings season continues to drive local stock volatility, after company results drove buying in BHP and the beaten-down healthcare sector.
AAP · Aug 17 Big Australian sees a copper future on AI, energy boom Surging copper prices meant the red metal accounted for more than half of BHP's earnings in the past financial year as the miner invests heavily in production.
AAP · Aug 17 Aussie shares dip as banks and retail stocks drag Investors remain apprehensive about Australia's consumer retail environment after JB Hi-Fi shares were hammered despite the company's solid full-year profit.
AAP · Aug 11 Shares lift as RBA holds fire, oil holds onto gains A Reserve Bank decision to keep the cash rate on hold at 4.35 per cent surprised few, but investors are divided about the path ahead for borrowing costs.
AAP · Aug 8 Call for 'give and take' as BHP staff dispute flares up A weekend of strikes has hit the world's largest bulk iron ore export operation during a drawn-out dispute over wages for workers.