It’s been a rough old trot for Peabody Energy, the world’s largest private-sector coal company, with its share price falling from around US$72 at the peak of the mining boom to US$2.70 today.
In
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Bradken boss to retire
Long time Bradken CEO and MD Brian Hodges will step down from the company in a difficult period as it fends off predators and struggles to cope with a moribund mining market.
Hodges spent 18 years at Bradken,
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Monadelphous and WICET go head to head
It’s lawyers at nine paces as Wiggins Island Coal Export Terminal (WICET) and engineering group Monadelphous take to the courts in a bid to resolve disputes over construction contracts for parts of Queensland’s
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Is iron ore’s price upturn reversing?
It was a disappointing offshore session for iron ore with the commodity falling for the third straight session, down 3.7% to US$62.10.
According to Business Spectator, iron ore for immediate delivery to
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Uninspiring share market start for South32
BHP Billiton shareholders gifted stock in South32, the demerged entity containing assets deemed non-essential by the Big Australian, will have been disappointed by a rather pedestrian start to trading
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Tough conditions for Qube’s ports and bulk division
A little of the gloss came off market darling Qube last week when the logistics business announced tough trading conditions for one of its key divisions.
After trading at up to $2.76 per share last week,
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Aurizon’s new chair faces difficult Pilbara decision
Tim Poole, who succeeds John Prescott as chairman of rail giant Aurizon in September, faces a major decision on whether to cancel, postpone or proceed with the company’s ambitious and expensive Pilbara
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