Leading contractor CIMIC has strongly criticised the recent financial and operational performance of takeover target Macmahon Holdings.
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WA-based Kalamazoo Resources lists on the ASX
Western Australia gold and copper explorer Kalamazoo Resources has listed on the Australian Stock Exchange (ASX) after successfully raising $5 million in capital.
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ASX companies splash more cash on exploration
Australian-listed companies are spending more on exploration, according to the latest research from BDO.
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Paringa raises funds for US coal prospect
Paringa Resources will raise $8 million on the ASX to fund development of the Poplar Grove coal project in the United States.
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Canadian lithium developer MetalsTech to float on the ASX
MetalsTech has launched its initial public offering (IPO) on the ASX, with shareholders of strategic partner Lithium Australia having priority to participate.
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Australian miners showing signs of a comeback: PwC
Australia's mid-tier mining companies are staging a comeback after surviving the industry downturn, according to PwC analysis.
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Iron ore recovers to $US50 mark
Iron ore has bounced higher on the back of hopes in renewed Chinese metal demand, finally breaking over the $US50 per tonne mark for the first time since September.
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Is 2016 the worst year for commodities yet?
The Bloomberg Commodity Index has recorded its worst start to a year since data began collection in 1992.
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Resources stocks knocked after RBS fears
The ASX has taken a battering on resources stocks overnight, after analysts advised shareholders to batten down the hatches.
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FMG shares drop to new low
Iron ore producer FMG has seen a massive share price fall in line with the global stock market plunge, dropping all the way to $1.58 this morning at open of trade.
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South32 debuts on ASX
BHP Billiton’s demerged company South32 has debuted on the ASX for $2.13 a share, giving the miner a market capitalisation of $11.3 billion.
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Settlement for Macmahon shows on ASX
MacMahon will receive a payout of $19 million as settlement relating to termination of a shaft-sinking contract in 2013.
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OZ Minerals sells Sandfire shares
Sandfire Resources entered a trading halt on Friday afternoon after it was announced that OZ Minerals would offload its shares in the company.
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Miners warned to clearly report on reserves
The ASX has warned mining companies not to mislead investors and ensure they are completely transparent in reporting mineral resources and reserves.
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AGL becomes AGL, again….
AGL has regained its AGL ticker code on the ASX.
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Newcrest admits to continuous disclosure breaches, fined $1.2 million
Newcrest will pay at least $1.2 million in fines, admitting it failed continuous disclosure obligations after the miner briefed analysts on its market position before making a public announcement.
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The $20bn question mark hanging over BHP Billiton’s non-core assets
BHP Billiton sent the market into overdrive yesterday with an ASX release that all but confirmed its intention to demerge its non-core assets.
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New ASX guidelines to force sustainability reporting
Listed companies will need to disclose exposure to sustainability risks for the first time under new corporate governance guidelines released today.
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Class action against OZ Minerals
OZ Minerals has been threatened with a lawsuit over alleged failures to disclose debt refinancing dating back to 2008 when the company was formed.
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Forge halts trading pending financial update
Following a dramatic profit warning late last year, mining services company Forge Group has entered into another trading halt as it prepares to make an announcement about its financial status.
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