In the week ended February 11, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 23 percent ...
Tags: Coal Exports, Mineral, Australia
The Australian Competition Tribunal (ACT) has decided that the global mining giant Rio Tinto's Hamersley and Robe rail lines should not be opened up to third party access. According to Rio Tinto's statement, third party access to the ...
Tags: Rio Tinto, Pilbara Rail Lines
The sharemarket fell the most in four weeks yesterday after political uncertainty in Spain and Italy triggered risk aversion in global markets and domestic earnings reports mostly disappointed investors. THE sharemarket fell the most in ...
Tags: stocks, sharemarket, Australian market
The government of the state of Western Australia has announced that it has approved proposals by Australia-based miner Rio Tinto to expand its iron ore operations and build a major new power station in the Pilbara region, clearing the way ...
Tags: iron ore, miner, iron ore mine
In the week ended February 4, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.4 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 10.6 percent ...
Tags: Coal exports, coal producing, coal
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
Reportedly China’s Iron and Steel Association (CISA) said that it would support Brazil’s Vale docking its giant Valemax ore carriers at China if that would lead to decreases in iron ore costs for its members. Zhang Changfu, ...
Tags: CISA, iron ore costs, iron ore market
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
The sharemarket broke a 10-day winning streak yesterday after the US Federal Reserve said the country's economy had paused recently. However, the Australian bond market found support after a wave of selling. "Being the last day of the ...
Tags: stocks, US economy, sharemarket
The Australian sharemarket has closed slightly weaker, snapping a 10-day winning streak, after markets in the US fell. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had fallen 17.9 points, or 0.37 per cent, at 4878.8 points, and the ...
Tags: Stocks, sharemarket, Ordinaries index
In the week ended January 28, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.7 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 3.6 percent ...
Tags: Coal exports, coal shipments, coking coal
The Australian sharemarket pulled back in late trading but still closed slightly higher, with investors unfazed by Julia Gillard announcing that the next federal election would be on September 14. At 4.15pm AEDT, the benchmark S&P/ASX 200 ...
Tags: Australian sharemarket, currency, economy
Volkswagen Australia Group (VAG) is targeting mining companies Rio Tinto and BHP in 2013, with the hope of securing lucrative sales contracts for its commercial vehicle range. Speaking at a media conference in Sydney, VAG managing ...
Tags: Volkswagen, Extra Sales, 2013
Australian Commonwealth Government 10-year bond yields rose 12 basis points to 3.44 per cent following a similar move in US Treasury bonds during the Australia Day long weekend. At 11.38am AEDT, the benchmark S&P/ASX 200 was up 0.8 per ...
Tags: Australian Commonwealth Government, US Treasury bonds, sharemarket
The Australian sharemarket has closed higher, with investors encouraged by the recent strength of global markets. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 53.8 points, or 1.11 per cent, to 4889.0 points - its highest ...