Dec 15, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

Australian shopping empire Wes…

AusBN - Australian shopping mall juggernaut Westfield has been purchased by...

ASX introduces blockchain technology into trade settlement system

ASX introduces blockchain tech…

AusBN - Australian Securities Exchange (ASX) has become the first major glo...

Australia’s annual economic growth rate rises to 2.8%

Australia’s annual economic gr…

AusBN - Australia’s annual economic growth rate has risen to 2.8% aft...

Grange Resources warns of job losses

Iron ore quarry with heavy trucksAusBN – Australian iron ore miner Grange Resources has warned that it may have to make redundancies in order to keep afloat amid low iron ore prices.

The company’s Savage River mine in northwest Tasmania directly employs between 550-600 Tasmanians.

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Anglo to sell Dartbrook coal mine

CoalandhelmetAusBN - Anglo American (LSE: AAL; JSE: AGL) has agreed to sell its 83.33% interest in the Dartbrook coal mine in the Hunter Valley, New South Wales, to Australian Pacific Coal (ASX: AQC) for A$50 million.

The transaction is expected to close in mid-2016.

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