BHP’s Escondida mine signs new deal, ending strike risk
The union at Chile’s Escondida copper mine, the world’s largest, has signed a pay deal with BHP, ending the risk of a further strike that could have threatened global supplies …
Mining
Copper prices dip as BHP closes in on a deal to avoid mass strikes at Chilean mega mine
BHP and union leaders in Chile reached a preliminary wage agreement on Friday at the world’s biggest copper mine, causing the commodity’s price to fall. If ratified, the accord will …
Australian share market on Monday reaches two-week high but China issue looms
More positive than gloomy financial results have dragged the Australian share market into positive territory, although serious concerns about the iron ore price loom large. Jim Chalmers raised the alarm …
BHP’s Escondida mine signs new deal, ending strike risk
The union at Chile’s Escondida copper mine, the world’s largest, has signed a pay deal with BHP, ending the risk of a further strike that could have threatened global supplies …
‘Absurdity’: AMEC boss lashes Tanya Plibersek’s decision to rip up Regis Resources plan for $1b gold mine
A peak mining group has lashed out at Federal Environment Minister Tanya Plibersek’s decision last week to block Regis Resources’ plan for the McPhillamys gold project. Association of Mining and …
Amazon murky on how many Alexa voice recordings are stored
Amazon executives are unable to say how many recordings picked up by Alexa speakers are stored and used to train AI models. The senate select committee on adopting artificial intelligence …
Andrew Forrest says $US80 a tonne ‘natural floor’ for iron ore
Mining billionaire Andrew Forrest is not worried about teetering iron ore prices, instead spruiking the “wall of buyers” waiting to buy tonnes of green iron from an as-yet-to-be-built Pilbara plant …
Twiggy slaps down nuclear ambitions, as energy, materials up on ASX
The ASX200 has bookended a week of recovery with a 1 per cent gain and a clean green sweep across all 11 sectors on Friday. The benchmark closed 1.3 per …
Twiggy slaps down nuclear ambitions, as energy, materials up on ASX
The ASX200 has bookended a week of recovery with a 1 per cent gain and a clean green sweep across all 11 sectors on Friday. The benchmark closed 1.3 per …
Iron ore extends drop below $US100 as steel industry mood darkens
Iron ore dropped for the fifth time in six days ahead of data this week that’ll shed light on Chinese steel output, as mills in the biggest market battle slumping …