Category Archives: News

[ad_1] Anglo American has been a significant player in the Austrlaian coal mining sector. Photo: Shutterstock Mining multinational Anglo American could sell all of its Australian coal mines as part of a US$3bn-US$4bn asset offload process, the company announced this week. Anglo American chief executive Mark Cutifani on Tuesday said the company’s asset moves would

[ad_1] Brookfield looks to be readying a higher, all-cash offer for Australian port and rail firm Asciano, after takeover rival Qube earned the support of Asciano’s board by upping its own offer this week. Brookfield Infrastructure Group chief executive Sam Pollock expressed his frustration to Asciano chairman Malcolm Broomhead on Sunday, February 7, over Qube’s

[ad_1] Major sugar businesses aren’t happy with Queensland’s new regulation. Photo: Shutterstock Australian trade minister Andrew Robb has reportedly faced criticism during a visit to Singapore over the passage of legislation through Queensland Parliament which effectively re-regulates the state’s sugar industry. Major Singapore-based business Wilmar, which has invested roughly $2.5bn into its Queensland businesses, gave

[ad_1] A week after it was suggested BHP Billiton may change its policy of maintaining high dividends despite a slumping market, rival Rio Tinto is reportedly set to make the same move in its annual results announcement. Rio will announce its full-year results on Thursday this week. Investors are reportedly expecting the miner to announce

[ad_1] A nickel ore ship at Townsville, where (inset) Clive Palmer’s Yabulu refinery processes it. Photo: Chris Mackey / Southern Cross Maritime. (Inset: Creative Commons / Benjamin J Macdonald) Any party looking to revive Clive Palmer’s embattled refinery business Queensland Nickel will have to eat cash losses until at least 2017, the company’s administrator has

[ad_1] Fallen coal magnate Nathan Tinkler has resigned as managing director and chief executive officer of Australian Pacific Coal, after a Federal Court judge declared him bankrupt. Federal Court Justice Jacqueline Gleeson on Tuesday ordered a sequestration order be made against Tinkler’s estate, over money allegedly owed by the former Hunter Valley mining apprentice to

[ad_1] David Handel of RST. Photo: RST Dust suppressing chemicals producer Reynolds Soil Technologies has launched a new low dosage dust solution, called Infiltrator DEM, aimed at achieving dust extinction moisture levels (DEM) faster in bulk earthworks applications. According to RST, Infiltrator DEM is suitable for use in all substrate, stockpile and dig faces materials.