Scores of jobs are set to go after BHP decided to ‘significantly scale back’ activity at an iron ore mine that employs about 800 people and is a key union target.
Energy Minister Chris Bowen has conceded high energy prices are a factor in the possible closure of Australia’s largest aluminium smelter.
Rio Tinto (NYSE: RIO), one of the largest diversified mining companies in the world, has been fluctuating within a range despite solid commodity fundamentals. The stock has yielded modest increases in ...