All News

Rio Tinto looks ready to close ageing Gove smelter
Nov. 26 (BusinessDesk) – Global metals giant Rio Tinto looks likely to close its ageing aluminium smelter at Gove, in Australia’s Northern Territory, three months after cutting a deal to keep its Tiwai Point smelter in New Zealand open until at least 2017. Australian media repor...

Energy Mad shares drop as further losses unveiled
Nov. 26 (BusinessDesk) – Energy efficient lightbulb retailer Energy Mad has turned in another loss and has decided to write off a $2 million tax benefit, which would become available again if it were to be profitable and as long as at least 50 percent of the company remains in t...

Bathurst expects first coal from Denniston in March
Nov. 26 (BusinessDesk) – Coal miner Bathurst Resources expects to win first coal from its open-cast Escarpment mine on the Denniston Plateau in late March or early April next year, says managing director Hamish Bohannan. Bathurst gained Environment Court backing for the heavily...