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Mining

NSW government considers increasing coal royalties, says power prices shouldn’t increase

by Anas Siddiqui
NSW government considers increasing coal royalties, says power prices shouldn’t increase

The NSW government will investigate increasing royalty rates on the coal industry ahead of next year’s expiry of a price cap. On Thursday, NSW Treasurer Daniel Mookhey announced he would …

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Producer prices increase by lowest in more than two years as demand begins to ease

by Anas Siddiqui
Producer prices increase by lowest in more than two years as demand begins to ease

Producer prices have eased to their lowest quarterly growth in more than two years as global oil prices fell, demand for accommodation and discretionary spending reduced and labour shortages started …

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ASX falls 0.7 per cent after two record setting days

by Anas Siddiqui
ASX falls 0.7 per cent after two record setting days

Australia’s share market has had a depressing end to the week, slumping by over half a percentage point after two record-high days. The ASX200 closed lower on Friday, dropping 52.30 …

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ASX falls 0.7 per cent after two record setting days

by Anas Siddiqui
ASX falls 0.7 per cent after two record setting days

Australia’s share market has had a depressing end to the week, slumping by over half a percentage point after two record-high days. The ASX200 closed lower on Friday, dropping 52.30 …

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Massive Liontown lithium mine on track for 2024 opening

by Anas Siddiqui
Massive Liontown lithium mine on track for 2024 opening

One of the world’s largest and highest-grade hard rock lithium deposits in the world is expected to be in production by mid-2024, supplying Tesla and Ford Motor Co with an …

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Rio Tinto says the company probably won’t be fined for losing radioactive capsule

by Walter Watson
Rio Tinto says the company probably won’t be fined for losing radioactive capsule

Mining giant Rio Tinto may escape being fined after a tiny radioactive capsule was lost while being transported in outback Western Australia earlier this year. On Thursday, the miner said …

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Mt Cattlin ore reserve update adds four years to mine life

by Anas Siddiqui
Mt Cattlin ore reserve update adds four years to mine life

The company operating the Mt Cattlin lithium mine near Ravensthorpe says its updated ore reserve means mining can continue until at least the 2027-28 financial year. Allkem told the ASX …

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How Food sensation Nagi Maehashi from RecipeTin Eats fame is changing FIFO diets

by Walter Watson
How Food sensation Nagi Maehashi from RecipeTin Eats fame is changing FIFO diets

Food sensation Nagi Maehashi says her quick and easy recipes have become a hit with WA’s FIFO community, who are sick of what is served up in the dry mess. …

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ASX200 closes on second consecutive 100-day high, up 0.7 per cent

by Anas Siddiqui
ASX200 closes on second consecutive 100-day high, up 0.7 per cent

The Australian share market has continued its winning streak, topping its 100-day high only set one day ago. The S&P/ASX200 closed up Thursday, gaining 53.90 points or 0.73 per cent …

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Red 5 sets FY24 guidance of 195,000oz-215,000oz at King of the Hills near Leonora

by Anas Siddiqui
Red 5 sets FY24 guidance of 195,000oz-215,000oz at King of the Hills near Leonora

With King of the Hills now operating above peak capacity just more than a year after pouring first gold, Red 5 has set guidance of 195,000-215,000 ounces in the 2023-24 …

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