Jun 26, 2017 Last Updated 10:15 AM, Jun 26, 2017

New Entry From the Editor :

Glencore hits back with second counter offer for Rio Tinto’s Hunter Valley coal asset

Glencore hits back with second…

AusBN - Glencore has come in with a second counter offer of US$2.675 billio...

Qantas pursuing growth in China but keeping eyes on global markets

Qantas pursuing growth in Chin…

AusBN - Qantas is looking to expand its share of the growing Chinese travel...

Bega Cheese launches $160m capital raise

Bega Cheese launches $160m cap…

AusBN - Bega Cheese is opening a AUS$160 million capital raising in order t...

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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