Brian Robins

Diving coal price prompts exits, write-offs but also New Hope's entry

Brian Robins For anyone who thinks miners know commodity cycles better than lesser mortals, it is difficult to go past Peabody Coal.

Origin Energy's share issue causes shortfall in investor demand


Brian Robins Even with a deep price discount, Origin Energy struggled to lure fund managers to its $2.5 billion share offer launched this week.

KKR swoop on Oz Minerals signals oversold valuations

Oz Minerals will be seeking to meet KKR officials as soon as possible to clarify their intentions.

Brian Robins Bear market valuations of miners have been highlighted with the decision by US investor Kohlberg Kravis Roberts to snap up a 10 per cent stake in Oz Minerals.

Oz Minerals seeking talks with KKR following share raid

Oz Minerals chief executive Andrew Cole ... the company operates just one mine, the Prominent Hill copper and gold mine in South Australia.

Brian Robins Oz Minerals is expected to seek to meet officials with investor KKR as soon as possible after the group built a 10 per cent stake in the miner earlier Thursday.

Drug maker Mesoblast to go commercial after Japanese approval for treatment

Stem cell biotech Mesoblast is drawing attention from around the world.

Brian Robins Mesoblast is set to become a commercial drug maker after approval in Japan to launch sales of one of its treatments, which marks the validation of its underlying technology.

Study sets in train proposal for Northern Territory-Mount Isa rail link


Brian Robins The Northern Territory government has commissioned Port Jackson Partners to conduct a study into a proposed 600-kilometre rail link to Mount Isa

Canada's CPP Investment Board bids to buy more Australian assets

Canada Pension Plan Investment Board chief executive Mark Wiseman in Sydney.

Brian Robins A little more than a year after close to doubling its exposure to Australia, Canadian investor the CPP Investment Board is on the hunt for more assets.

Woodside swoops on Oil Search amid oil price slump

Brian Robins Woodside has kicked off the reorganisation of the local oil and gas sector by launching a $12 billion takeover offer.

Power shortages loom following capacity shutdowns

Since 2014, 1077 megawatts of capacity has been idled.

Brian Robins The planned shutdown of uneconomic power stations in NSW and South Australia could lead to power shortages across those two states, as well as Victoria, by the end of the decade.

AGL to pocket $500m from Macarthur windfarm sale

Forecast: AGL has called for bipartisan support for renewable energy policies.

Brian Robins AGL expects to pocket $500 million from the sale of its share of the Macarthur windfarm, 300 kilometres west of Melbourne, by the end of the year, as it called for bipartisan support for renewable...

Decision over controversial Gloucester gas project over a year away


Brian Robins A decision about the controversial plan to develop gas reserves at Gloucester, north of Newcastle, is at least a year away, as AGL works to finalise technical and other feasibility studies.

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AGL hikes earnings per customer

AGL beat expectations also on the final dividend, declaring a payout of 34c per share, 1c higher than consensus estimates.

Brian Robins Energy utility AGL has boosted profits per customer despite intense competition in energy markets which has prompted it to take an axe to costs.

Plug set to be pulled on Victoria's power price advantage


Brian Robins Electricity prices in Victoria are expected to trend higher once the state's electricity producers gain greater access to the South Australian market.

Power prices dive as carbon price axed, competition rises

Network costs make up about half of what electricity retailers charge consumers.

Brian Robins Households could shave more than $1000 off their annual power bill thanks to the removal of the carbon tax along with heightened market competition following the deregulation of the NSW electricity...

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Molycorp, sole US rare earth producer, files for bankruptcy

Lynas was $191,000 positive free cash flow in March.

Brian Robins The sole US producer of rare earth elements has collapsed, signalling the ongoing pressures on producers and complicating ambitions of a range of potential new suppliers.

Mesoblast to accelerate research on promising kidney treatment

Silviu Itescu.

Brian Robins Promising research data will prompt Mesoblast to seek to expedite a new round of advanced clinical trials for a potential treatment for complications arising from diabetes.

Sirtex Medical soars on cancer conference presentation

Sirtex Medical CEO Gilman Wong ... UBS says the company could aspire to a market four times larger.

Brian Robins Unusually strong comments from researchers about Sirtex Medical's liver cancer therapy helped boost the company's share price, which soared 14 per cent on Monday.

The $9b waste that is Australia's solar industry

It's argued Australia should have taken a more industrial approach to solar power instead of pushing household subsidies.

Brian Robins It's been dubbed 'middle class welfare' of the first order.

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Mark Creasy's wealth rises $630m on planned Independence-Sirius mine merger

Millionaire prospector Mark Creasy's wealth has surged on the Independence Group-Sirius merger.

Brian Robins A little over 20 years after selling two gold deposits for $123 million, the worth of the British-born mining engineer Mark Creasy rose $630 million Monday.

Billions wasted on solar subsidy, says report

Billions wasted on solar panels.

Brian Robins It ranks among the worst government decisions of all time, with as much as $9 billion of the estimated $14 billion spent installing rooftop solar systems over the part few years wasted.