February was a busy month for the Pilbara Ports Authority which exported record tonnages of iron ore and set two new records.
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Yancoal posts $353.5 million loss
Yancoal said the continuing low cost of coal has led the company to post a full year loss of $353.5 million.
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Coal train derailment disrupts exports
A coal train derailment in the Hunter region could leave the track out of action until at least Friday.
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Investment group buys up shares in FMG
An investment company out of the US has taken a 5 per cent stake in Fortescue Metals Group.
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Could iron ore drop to $US30 a tonne?
An economist has warned that the price of iron ore could fall to lows of $US30 a tonne.
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Port Hedland iron ore exports up 30%
The extra tonnages of iron ore the major miners are exporting is highlighted in official figures released by the Pilbara Port Authority.
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Iron ore price sinks again
The price of iron ore hit a new five-year low overnight.
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Iron ore miners punished amid price glut
Iron ore stocks have been hammered today as the price of the commodity dropped to five-year lows.
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Iron ore hits five-year low
The price of iron ore has fallen to below $US65 a tonne for the first time since 2009, and analysts warn it will drop even lower.
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Miners feel the pain as iron ore extends its fall
Iron ore miners were punished yesterday as the price of iron ore edged closer to a fresh five-year low.
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CITIC’s Sino Iron mine to post $1.8 bn writedown
Citic has been forced to writedown the value of its Sino Iron project in the Pilbara by $1.8 billion due the falling price of iron ore.
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Macquarie Bank downgrades iron ore price
Macquarie Group has joined the list of major banks that are cutting their iron ore price forecasts.
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China still hungry for NSW coal: report
China’s demand for NSW coal jumped 22 per cent over the last financial year.
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Government predicts pain to continue for iron ore and coal
Oversupply and slowing demand: that’s the story the Australian government says will keep prices of some of the nation’s most valuable exports down for the next few years.
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WA’s mining sector worth $121.6 billion
Data released by the Department of Mines and Petroleum has valued Western Australia’s mineral and petroleum industry in 2013-14 at $121.6 billion, a 20 per cent increase on last year.
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Aussie government predicts iron ore price recovery
The Bureau of Resources and Energy Economics predicts iron ore will trade at around $90 – $S95 for the next five years.
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Chinese cap coal import quality levels
The Chinese Government has announced a tightening of the quality of its coal imports, which may have flow on effects to Australian coal miners.
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Iron ore recovery not expected to last
Iron ore had its biggest one-day gain in over a year on Monday with the price rising by nearly four per cent.
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Rio boss says there’s a bright future for uranium market
Rio Tinto’s energy chief warned punters should not get too carried away with a spike in the uranium price, predicting an uptake in the industry was years away.
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Analyst ignores the pack, predicts iron ore price rise
At odds with other iron ore analysis of late, Westpac chief economist told a conference he expects the price to pick up to over $US100 a tonne next year.
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