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Mining

ASX200 jumps to 100-day high after positive inflation news

by Anas Siddiqui
ASX200 jumps to 100-day high after positive inflation news

The Australian share market has made the most of good news on inflation, with stocks surging higher on Wednesday. The S&P/ASX200 closed up on Wednesday, gaining 62.30 points or 0.85% …

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ASX200 jumps to 100-day high after positive inflation news

by Anas Siddiqui
ASX200 jumps to 100-day high after positive inflation news

The Australian share market has made the most of good news on inflation, with stocks surging higher on Wednesday. The S&P/ASX200 closed up on Wednesday, gaining 62.30 points or 0.85% …

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Court in Gina Rinehart case told disputed assets worth $840m

by Walter Watson
Court in Gina Rinehart case told disputed assets worth 0m

Court documents in the civil case over the royalties of Hancock Prospecting’s iron ore mines show disputed assets were worth about $840m when valuations were made decades ago. Wright Prospecting …

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Miners reap benefits on the ASX after China’s big announcement

by Anas Siddiqui
Miners reap benefits on the ASX after China’s big announcement

Mining shares have scored big as the materials sector soared on what was expected to be a sleepy day in the Australian market. The ASX200 closed on Tuesday, gaining 33.30 …

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Gina Rinehart trial: Lang Hancock wanted Labor election win

by Walter Watson
Gina Rinehart trial: Lang Hancock wanted Labor election win

Hancock Prospecting founder Lang Hancock, a staunch Liberal Party supporter, was hoping for a Labor win in Western Australia to help further his iron ore mining operations. The WA Supreme …

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Share market drops 0.1% sparked by miner sell off.

by Anas Siddiqui
Share market drops 0.1% sparked by miner sell off.

The Australian share market has begun the week flat with a sell-off of miners stocks. The ASX200 closed with 7306.40 points on Monday after dropping 0.10 per cent or 7.50 …

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Share market drops 0.1% sparked by miner sell off.

by Anas Siddiqui
Share market drops 0.1% sparked by miner sell off.

The Australian share market has begun the week flat with a sell-off of miners stocks. The ASX200 closed with 7306.40 points on Monday after dropping 0.10 per cent or 7.50 …

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Gina Rinehart mining magnate legal showdown underway in WA Supreme Court

by Walter Watson
Gina Rinehart mining magnate legal showdown underway in WA Supreme Court

The first day of what could potentially be a months-long legal clash between titans of Western Australia’s mining industry is playing out in a Perth Court. Opening statements were heard …

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South32 takes $1.9b hit against Hermosa minerals project in the US

by Anas Siddiqui
South32 takes .9b hit against Hermosa minerals project in the US

South32 will take a $US1.3 billon ($1.93b) hit against the value of its Hermosa project in the US, attributing the impairment to COVID-19 related disruptions, inflationary pressures and significant dewatering …

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Newcrest Mining shares take a beating as Newmont Corporation shares head for biggest drop in a year

by Anas Siddiqui
Newcrest Mining shares take a beating as Newmont Corporation shares head for biggest drop in a year

Shares in Newcrest Mining sunk 4.9 per cent on Friday morning after poor earnings reported by takeover bidder Newmont Corporation left analysts wanting. Newcrest shares were trading at $26.26 each …

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