Sep 23, 2017 Last Updated 2:27 PM, Sep 22, 2017

New Entry From the Editor :

Rio Tinto commits further $3.15 billion to shareholders in buyback programme

Rio Tinto commits further $3.1…

AusBN - Rio Tinto has announced it will distribute a further AUS$3.15 billi...

BHP surges back to profit thanks to increased prices and improved productivity

BHP surges back to profit than…

AusBN- BHP demonstrated a strong financial performance for the last fiscal ...

Toys R Us to trade as usual in Australia despite filing for bankruptcy

Toys R Us to trade as usual in…

AusBN - Toys R Us has confirmed it will continue to operate as normal in Au...

Grange Resources warns of job losses

Iron ore quarry with heavy trucksAusBN – Australian iron ore miner Grange Resources has warned that it may have to make redundancies in order to keep afloat amid low iron ore prices.

The company’s Savage River mine in northwest Tasmania directly employs between 550-600 Tasmanians.

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Anglo to sell Dartbrook coal mine

CoalandhelmetAusBN - Anglo American (LSE: AAL; JSE: AGL) has agreed to sell its 83.33% interest in the Dartbrook coal mine in the Hunter Valley, New South Wales, to Australian Pacific Coal (ASX: AQC) for A$50 million.

The transaction is expected to close in mid-2016.

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