by Forrest | Nov 9, 2016 | News
South32 (ASX, LON, JSE:S32) has finally scored a deal by grabbing Peabody Energy’s Metropolitan coal mine in Australia for $200 million. Read more at http://www.mining.com/south32-scoops-up-peabodys-metropolitan-coal-mine-in-200m-deal/
by Forrest | Nov 9, 2016 | News
The Reserve Bank has effectively called the end of the mining bust, raising its forecasts for Australia’s terms of trade. Read more at http://www.abc.net.au/news/2016-11-04/reserve-bank-statement-on-monetary-policy/7995146
by Forrest | Nov 9, 2016 | News
Its efforts to build one of the world’s largest coal mine project in Australia has been hampered time and again. Read more at...
by Forrest | Feb 3, 2016 | News
Gold has hit a three month high as investors flock to gold backed funds in the largest numbers in three years. The resurgence of gold is highlighting the metal regaining its role as a safe haven for investors and operators. It leapt to a three month high yesterday as...
by Forrest | Feb 3, 2016 | News
The Federal government has granted environmental approval for the Galilee Basin Carmichael coal mine, but developer Adani still needs to find $16 billion in funding for the project, as well as secure a mining licence in Queensland. The company will not be able to gain...
by Forrest | Feb 3, 2016 | News
Fletcher Building is making a belated push into the infrastructure sector by using funds raised from the sale of quarry assets to help finance an expansion into road construction and maintenance in New Zealand and the Pacific islands. Fletcher will buy the privately...