Mining giant BHP Billiton reported a 30 per cent drop in full-year profits, with the company saying it had dodged a bullet on a damaging acquisition due to Canadian politics.
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Miners won’t get a leg-up from state
Gold and nickel miners will not get a lifeline from West Australian premier Colin Barnett, who said he will not be handing out royalty assistance to those affected by falling commodity prices.
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Barrick could sell Plutonic gold mine
Barrick Gold has indicated it might sell its Plutonic mine in Western Australia as well as its three Yilgarn mines, which went up for sale earlier this year.
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AIMEX focusing on productivity and costs
Mining companies and service providers face a tough climate of structural changes, and are looking to boost productivity and curb operating costs.
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Top tier miners’ pay packets still heavy
A key salary survey has revealed chief coal mine managers are taking home about the same pay packet as Federal Opposition leader Tony Abbott.
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