Do medal-winning drops represent the pinnacle of their craft, or marketing hype?
Mining & Resources
Amanda Saunders Whitehaven Coal boss Paul Flynn says the coal industry should fight harder against the global campaign urging investors to dump investments in fossil fuels, which he labels "green imperialism at its worst".
Amanda Saunders Atlas Iron is sprinting to cut costs, with a 35 per cent decline in the iron ore price this year pushing the Pilbara junior uncomfortably close to its break-even cost level of ''mid to low $US80'' ($85.50) a tonne.
Angela Macdonald-Smith Australia's great boom in oil and gas investment is already past its peak and is firmly on the wane, with a lack of new projects on the horizon amid persistently high costs, according to consultancy EnergyQuest.
Amanda Saunders Peabody Energy has pulled the sale of its Wilkie Creek coalmine to former billionaire Nathan Tinkler, saying his Singapore-based company Bentley Resources "was unable to meet its obligations" to close the deal.
Angela Macdonald-Smith Peter Bond's Linc Energy has agreed to sell a royalty it was due to receive from the production of coal from Adani Group's Carmichael project in Queensland back to the Indian company for $155 million as it seeks to further pay down debt.
Julie-anne Sprague The MUA considers legal action against US oil and gas giant Chevron, which it argues is breaching its obligation to use local workers for its massive Gorgon project.
Amanda Saunders BC Iron managing director Morgan Ball is confident the iron ore price will remain between $US90 and $US110 a tonne for the next 18 months, but longer-term he tips the supply surge by the majors will constrain it to between $US85 and US$95 a tonne.
PETER HANNAM A Hunter Valley community has lost its legal challenge to a major open-cut coal mine expansion by Chinese-controlled miner Yancoal.
A flood of cheap gas from the US is playing havoc Australia's expensive mega-projects, with Chevron's Gorgon plant the latest to be hit as buyers hold out for cheaper deals.
Amanda Saunders Weak Chinese property sector sends iron ore to two-year low BC Iron will generate just $38 million in operating cash flow this financial year, a dramatic fall from the $155 million posted in financial 2014, according to CitiGroup.
Amanda Saunders Two front-runners have emerged in the contest for Nickel West, with vendor BHP Billiton in advanced talks with China's largest nickel refiner Jinchuan Group and commodities trading giant Glencore.
Angela Macdonald-Smith Cooper Basin oil and gas player Senex Energy has disappointed the market with its outlook for production this coming financial year, but managing director Ian Davies has forecast production could more than triple by 2017-18.
James Massola, Angela Macdonald-Smith and Brian Robins The federal government may be requested to help underwrite the investment risk of the proposed $1.3 billion gas link which could see gas flow from northern Australia to NSW to help stave off any supply shortfalls with the start of gas exports from eastern Australia.
Perry Williams BHP Billiton’s decision to restructure into two companies and delay a buyback has split growth-hungry investors.
BRIAN ROBINS As Rupert Murdoch demonstrated when News Corp faced financial oblivion in the early 1990's: if you owe the bank $100, that's your problem, but owe it $100 million, then it is your bank's problem.
MAX MASON The vice grip of oversupply and high cash costs will be pressuring Australia’s iron ore miners, as the metal’s price drifts lower and margins evaporate.
PETER HANNAM The main proponent of a major expansion of Newcastle’s coal exports has breached its pollution licence conditions 75 times in the past three years, according to documents obtained by the Nature Conservation Council.
Jenny Wiggins UGL‘s outgoing chief executive, Richard Leupen, has forecast “significant” consolidation in the engineering sector as the contractor nears completion of the $1.2 billion sale of its DTZ property arm.
PETER HANNAM Greenpeace is calling on the University to Sydney to dump its shares in coal miner Whitehaven after the institution decided to halt further stock purchases while an investment review is underway.
Jenny Wiggins UGL will make a capital return to shareholders after completing the sale of its DTZ property arm but will not pay a final dividend despite underlying net profits rising 22 per cent to $111.7 million.
Angela Macdonald-Smith Caltex Australia will axe 350 jobs and revamp fuels purchasing to reap $100 million a year of benefits within two years as it capitalises on its transformation under chief executive Julian Segal.
SALLY ROSE Australia’s biggest steelmaker, BlueScope Steel, has missed consensus analyst expectations for revenue and reported a bigger loss than predicted in the financial year ended June 30.
MICHAEL PASCOE It has been an easy and tempting line: the restructuring of BHP Billiton announced this week was something of a demerger of the old BHP and old Billiton.
Angela Macdonald-Smith Santos shareholders are starting to see the benefits of the company's push into liquefied natural gas expansion, with a 33 per cent increase in the first-half dividend after the early start-up of the $US19 billion ($20.4 billion) PNG LNG venture.
Amanda Saunders Don Argus said the mining giant's controversial decision to spin off a $US15 billionresources company will create value in a suite of assets overlooked by the market.
Jenny Wiggins Asciano forecast stronger growth in fiscal 2015 and said talks over a sale of a minority interest in Patrick ports continued to “progress” as the logistics group’s annual net profit dropped 24 per cent to $257 million from the year-earlier $336.8 million.
Simon Evans Jerry Ellis led the miner during one of its darkest periods. He maintains the 2001 merger was a good move.
Jesse Riseborough Glencore's billionaire chief executive officer Ivan Glasenberg underscored his belief in the longevity of the global commodities boom by beating his biggest rivals in handing out surplus cash to investors.
PETER HANNAM Mining company Rio Tinto was able to respond within days of receiving environmental requirements for its Warkworth coalmine expansion plan because of "workshopping" with the NSW Department of Planning and Environment, according to Greens MP David Shoebridge.
Angela Macdonald-Smith Woodside Petroleum has sharpened its appetite for acquisitions, with chief executive Peter Coleman hinting that Apache’s stake in the $29 billion Wheatstone LNG project in Western Australia is on the list of potential targets.