News

General Motors to retire historic Holden brand by 2021

General Motors (GM) has announced it will retire the Holden car brand by next year as the manufacturing giant looks to exit several...

17 February, 2020

South Australia’s 100% renewables target in sight after transmission line approval

South Australia’s ambition to hit net 100% renewables within a decade has been boosted by the Australian Energy Regulator (AER) approving the business...

27 January, 2020

Australian CEOs see climate change as major threat to business

An annual survey of Australian chief executives has shown that climate change is being increasingly viewed as a major threat to business. Global accounting...

21 January, 2020

Resolute sharpens African focus with $300 million sale of Queensland gold mine

Resolute Mining has signed a definitive agreement to sell the Ravenswood Gold Mine in Queensland for AUS$206.9 million, as the gold miner doubles...

15 January, 2020

Australian miners donate millions to bushfire relief efforts

A host of Australian mining companies, including global industry heavyweights Rio Tinto and BHP, have made donations to relief agencies for the bushfires...

09 January, 2020

Northern Star Resources acquires Newmont’s 50% stake in Kalgoorlie Super Pit

The Kalgoorlie Super Pit is set to have full Australian ownership for the first time in its operating life after Northern Star Resources...

17 December, 2019

Australian retail crisis deepens as Harris Scarfe falls into receivership

Long standing department store Harris Scarfe has become the latest Australia retail giant to collapse into receivership, despite being acquired by private equity...

11 December, 2019

WA-focused miner NTM Gold reports ‘outstanding’ drill results

ASX-listed NTM Gold has intersected 'outstanding' high-grade gold during shallow drilling at a prospect within its Redcliffe gold project near Leonora in Western...

04 December, 2019

Rio Tinto approves $1 billion investment in Pilbara iron ore operations

Rio Tinto has approved a AUS$1 billion investment in its Greater Tom Price operations, to help sustain production capacity at its iron ore...

29 November, 2019

Barrick Gold to sell its 50% share in Kalgoorlie Consolidated Gold Mines

Barrick Gold Corporation has reached an agreement with Saracen Mineral Holdings for the sale of its 50% interest in Kalgoorlie Consolidated Gold Mines...

18 November, 2019

BHP names Mike Henry as new chief executive

BHP has opted for in-company experience with the appointment of Mike Henry as its new chief executive to replace the retiring Andrew Mackenzie,...

14 November, 2019

Australian mining contractor evacuating West African gold mine after deadly attack

Australian mining contractor Perenti Global is airlifting its employees out of a gold mine in Burkina Faso following a deadly militia attack that...

12 November, 2019

Australian annual wine exports peak at close to $3 billion

The value of Australian wine exports has risen to a record AUS$2.89 billion in the 12 months to September 2019, according to data...

31 October, 2019

Australian engineering group Aurecon to delist African business

Australian integrated engineering, project management and delivery group Aurecon will delist its African business from the wider group, following a proposal from the...

29 October, 2019

ASX strategic metals developer TNG looks to London for secondary listing

Australian-listed strategic metals firm TNG has announced plans for an initial public offering (IPO) on the London Stock Exchange (LSE). The secondary listing is...

24 October, 2019

Qantas completes 19-hour test flight from New York to Sydney

Qantas has completed a commercial non-stop research flight from New York to Sydney, resembling the world’s longest ever flight at 19 hours and...

21 October, 2019

IMF downgrades Australia’s economic growth forecasts, citing ‘synchronised global slowdown’

The International Monetary Fund (IMF) has slashed Australia’s economic growth forecast by 0.4% to 1.7% in 2019, warning of a ‘synchronised global slowdown’...

16 October, 2019

BHP facing investor revolt over links to fossil fuel lobbyists

BHP is facing up to an investor rebellion at its annual general meeting next week, after major shareholder Standard Life Aberdeen called for...

10 October, 2019

Siemens partners with Hydrogen Renewables Australia for 5GW green hydrogen plant

Siemens AG has announced a partnership with Hydrogen Renewables Australia (HRA) that will deliver a 5GW combined solar, wind and hydrogen production facility...

09 October, 2019

Australian economy lagging in digital competitiveness, finds IMD study

Australia’s economy has been ranked 14th globally in a study which measures the capacity and readiness of 63 economies to adopt and explore...

07 October, 2019

Insurer Suncorp to sell vehicle repair business for $420 million

Insurance company Suncorp Group has announced the sale of its vehicle repair business to smash repairs firm AMA Group for a fee of...

01 October, 2019

BHP turns to Australian mining veteran Cutifani in search for new boss

Miner Anglo American’s chief executive Mark Cutifani has reportedly declined an offer to become boss of BHP, as the world’s largest mining company...

26 September, 2019

Canberra commits to 100% renewable energy in 2020

Canberra is set to become the first city outside Europe to run entirely from renewable energy when it switches to 100% renewables on...

20 September, 2019

Chinese dairy firm to buy Bellamy’s Australia in $1.5 billion deal

China Mengniu Dairy Co. has agreed to acquire organic infant formula maker Bellamy’s Australia for AUS$1.5 billion, after the Tasmania-based company’s board unanimously...

18 September, 2019

Australian Vanadium handed ‘major project status’ for WA asset

ASX-listed Australian Vanadium has been given ‘major project status’ by the Australian federal government for its flagship deposit, located in Murchison Province, Western...

09 September, 2019

Myer swings back into black amid turnaround strategy

Department store operator Myer Holdings posted annual profit of AUS$24.5 million as chief executive John King’s turnaround strategy put the struggling retailer back...

06 September, 2019

Australia hits 2020 clean energy target ahead of schedule

Australia has achieved its 2020 target for generating electricity from large-scale renewable sources a year ahead of plan, according to the country’s Clean...

04 September, 2019

Queensland government approves $128 million wind farm

The Government of Queensland has approved a AUS$128 million wind project in the South Burnett Regional Council area, Northwest of Brisbane. The 64MW Mannuem...

02 September, 2019

Fortescue posts record profit and pays out bumper dividend

Fortescue Metals Group (FMG) made a record $3.19 billion in profit in the 12 months to end June, enabling it to pay out...

27 August, 2019

Fitzroy Australia Resources partners with software firm in productivity and safety drive

Queensland-based coal miner Fitzroy Australia Resources has announced a partnership with software company Commit Works to introduce digital planning and short interval control...

22 August, 2019