The price of iron ore has hit a new record high of $US193.85 a tonne and is tipped to break through the $US200 barrier in a boom that will improve the federal budget bottom line by an estimated $20bn.
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New high for iron ore a boost for Australia’s resources sector
Global iron ore prices have hit record highs, surpassing the previous record from a decade ago and providing a welcome boost to Australia’s resources sector as the world recovers from the impact of the COVID-19 pandemic.
Read moreRinehart lieutenant warns MPs to prepare for iron ore price fall
Article by Brad Thompson courtesy of the Australian Financial Review One of Gina Rinehart’s most trusted lieutenants says Australia’s political leaders must looks at ways to reduce cost burdens like payroll tax ahead of […]
Read moreRESOURCES HIT $296B RECORD
Article by Stuart McKinnon courtesy of the West Australian Australia’s resources sector will again break export earnings records this financial year, underpinned by another record high in annual income from WA’s powerhouse […]
Read moreTRADE SURPLUS REACHES ‘HISTORIC’ $73BN IN 2020 AS IRON ORE SALES BOOM
Article by Patrick Commins courtesy of the Australian Australia’s trade surplus reached a record $73bn in 2020, propelled by surging iron ore sales and a slump in demand for imported goods through […]
Read moreRoads investment to open up major gas project in the Northern Territory
Article courtesy of the Hon Keith Pitt MP 14 January 2021 Joint media release with Deputy Prime Minister Michael McCormack, Assistant Minister for Road Safety and Freight Transport Scott Buchholz, Senator for […]
Read moreDrilling deep for support
Article courtesy of Joondalup Times A MINING contractor has given one of its machines a pink makeover to raise funds for Breast Cancer Care WA. Ranger Drilling painted Drill Rig 5, which […]
Read moreGina Rinehart ushered into miners’ Hall of Fame
Article courtesy of the Kalgoorlie Miner. WA billionaire Gina Rinehart was last night inducted into the Australian Prospectors & Miners Hall of Fame in recognition of her contribution to the State’s resources […]
Read moreBeetaloo Basin a key element of the gas-fired recovery
Media release courtesy of The Hon Angus Taylor MPMinister for Energy and Emissions Reduction 16 October 2020 Joint media release with Minister for Resources, Water and Northern Australia Keith Pitt Minister for Energy […]
Read moreDiggers & Dealers 2020: Gina Rinehart breaks new ground again as first woman to claim forum’s highest honour
Article by Josh Chiat courtesy of the West Australian and Kalgoorlie Miner Australia’s richest person, Gina Rinehart, has made history, becoming the first woman to take out the GJ Stokes Memorial Award […]
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