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Home/News/Finance & business

Finance & business News

Browse the latest finance & business news and articles.

Queensland resources sector created 21% more jobs since last election
29 Mar 20192 min read

Queensland resources sector created 21% more jobs since last election

Currently, there are more than 1300 vacancies advertised in resources, mining and energy across Queensland with more vacancies on the horizon.

BMA completes sale of Gregory Crinum mine
29 Mar 20192 min read

BMA completes sale of Gregory Crinum mine

Joint venture partners BHP and Mitsubishi Development Pty Ltd have confirmed completion of the sale of the Gregory Crinum Mine in central Queensland to Sojitz Corporation for AUS$100 million.

Glencore announces refinancing and extension of its revolving credit facilities
29 Mar 20191 min read

Glencore announces refinancing and extension of its revolving credit facilities

The company has announced an extension of its revolving credit facilities to US$9.775 billion.

QRC receives assurance on bauxite royalties
29 Mar 20192 min read

QRC receives assurance on bauxite royalties

Queensland Resources Council has secured assurance on its bauxite royalties but is concerned on legal challenge block.

Australia’s mining industry set for strong export growth
29 Mar 20192 min read

Australia’s mining industry set for strong export growth

The Minerals Council of Australia has welcomed the latest revenue forecasts by the Department of Industry, Innovation and Science which highlights the continued importance of Australia’s mineral and energy commodity exports.

Admission to trading on the main market and first day of dealings
28 Mar 20193 min read

Admission to trading on the main market and first day of dealings

Ferro-Alloy Resources Limited, the Guernsey vanadium mining and mineral processing company with operations based in Southern Kazakhstan, has announced that its entire issued ordinary share capital will commence trading.

New distributor in Arizona, USA: Bingham Equipment Company
28 Mar 20191 min read

New distributor in Arizona, USA: Bingham Equipment Company

Hard-Line announces Bingham Equipment Company as a new distributor.

Update: Lynas to reject terms of unsolicited proposal from Wesfarmers
27 Mar 20191 min read

Update: Lynas to reject terms of unsolicited proposal from Wesfarmers

Lynas Corporation has decided it will not engage with the terms outlined in Wesfarmers’ indicative and highly conditional proposal.

Palladium tops US$1600 as metal sets new highs on supply shortage, Bloomberg reports
27 Mar 20192 min read

Palladium tops US$1600 as metal sets new highs on supply shortage, Bloomberg reports

Bloomberg has reported that the price of palladium has reached a new high amid a global shortage.

McEwen Mining announces US$25 million registered direct offering
27 Mar 20192 min read

McEwen Mining announces US$25 million registered direct offering

McEwen Mining Inc., has announced that it has entered into definitive agreements with an institutional investor.

Vale issues update on freezing of funds
26 Mar 20192 min read

Vale issues update on freezing of funds

R$2 950 000 000 of Vale’s funds were frozen on 25 March, which ensures the reimbursements to cover any potential property or non-property losses incurred by the people affected by removal that occurred or that may occur in relation to Sul Superior dam disaster.

Wesfarmers proposes to acquire Lynas Corporation
26 Mar 20192 min read

Wesfarmers proposes to acquire Lynas Corporation

Wesfarmers has made a conditional, non-binding proposal to the Board of Lynas Corporation to acquire the company.

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