Jun 23, 2017 Last Updated 8:22 AM, Jun 23, 2017

New Entry From the Editor :

WA government bans future uranium mine leases, excludes four existing projects

WA government bans future uran…

AusBN - The Western Australian government has imposed a ban on future urani...

CIMIC group awarded $2.8b Sydney Harbour tunnel contract

CIMIC group awarded $2.8b Sydn…

AusBN- International construction giant CIMIC Group will soon begin work on...

Rio Tinto recommences exploration in Mongolia looking for next Oyu Tolgoi

Rio Tinto recommences explorat…

AusBN - Rio Tinto (ASX,LSE:RIO) has begun a new exploration programme in Mo...

Manufacturing grows for sixth consecutive month

cars1AusBN – Australia’s manufacturing industry grew for a sixth consecutive month in December, marking the longest unbroken run of growth since 2010.

The Australian Industry (Ai) Group’s Performance of Manufacturing Index slipped by 0.6 points to 51.9, but in staying above 50 this indicates expansion.

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Whyalla Steelworks to lose 250 jobs

steel rodsAusBN – OneSteel has announced that it will cut 200 jobs and 50 contractors from its Whyalla Steelworks over the next six to eight months in order to cut costs.

A statement from the company said the cuts were necessary because labour costs are the biggest proportion of the steelwork’s production costs.

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