February 15, 2024

BHP (ASX:BHP), the global mining juggernaut, finds itself at a crossroads as it grapples with significant challenges in its Western Australian (WA) nickel operations and contends with the aftermath of the Samarco dam collapse. The company is poised to make substantial adjustments, including potential downsizing, following a staggering multi-billion-dollar impairment loss and an augmented provision […]

In January, Australian employment saw a modest increase of 500 jobs, while the unemployment rate rose to 4.1 percent from the previous 3.9 percent, contrary to the consensus expectation of 30,000 jobs created and a 4 percent unemployment rate. Despite inflation slowing, the labor market remains robust, posing challenges for the Reserve Bank to achieve

To register for Friday’s webinar click here. Ora Banda Mining Limited (ASX:OBM) has provided an update on the Riverina underground mining operations that remains the centrepiece of the Company’s DRIVE to 100 Project, targeting production of over 100,000 ounces in FY25. Ora Banda Mining Limited’s Managing Director, Luke Creagh, said: “The team at Riverina, both

Warren Buffett’s Berkshire Hathaway has trimmed its renowned investment portfolio to its lowest level in nearly a decade, with only 41 companies remaining after divesting four holdings entirely in the last three months of December. Despite this reduction, the company anticipates substantial unrealized capital gains in its upcoming 2023 results. In this period, Berkshire Hathaway

Whitehaven Coal (ASX:WHC) was somewhat reserved regarding the movement in major financial metrics in its December half-year results press release, issued Thursday morning. The page listed revenue, dividend, and earnings figures, alongside commentary on the company’s performance and its significant venture into coking coal in Queensland through the acquisition of two mines, Daunia and Blackwater,