Glencore reinstates dividend as 2020 net debt drops Glencore has today reinstated its dividend after net debt fell by 10% last year, helped by surging commodity prices in the second half. Business • 16 Feb 21
Glencore facing money-laundering probe US authorities have demanded Glencore hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria as part of a corruption … Business • 04 Jul 18
Australia's economy bounces back to dodge recession Australia's economy rebounded strongly in the December quarter, growing by 1.1% to dodge a technical recession on the back of buoyant exports and household spending. Business • 01 Mar 17
Australia's economy grew by 1.1% in Q1 Australia's economic growth was better than expected in the first quarter with the annual pace speeding to its fastest in over three years. Business • 01 Jun 16
Caterpillar to cut thousands of jobs, close plants US manufacturing giant Caterpillar has announced a major cost-cutting programme that could shut more than 20 facilities and eliminate more than 10,000 jobs. Business • 24 Sep 15
US industrial production fell unexpectedly in May US industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in the … Business • 15 Jun 15
Mincon's CEO Barry to retire from the company Engineering company Mincon has reported a 31% drop in operating profit for 2014 as the mining industry worldwide experienced a downturn. Business • 09 Mar 15
Mincon sales lower as metal prices fall in 2014 Mincon, which makes and services drilling equipment, said that revenue from its manufactured products division was 9% lower in the third three months of its … Business • 07 Nov 14
Fall in exports slows Australian growth Australia's economy lost pace in the second quarter of 2014 after a sharp fall in exports saw growth expand by just 0.5%. Business • 03 Sep 14
Mincon's H1 revenues sink by 15% Engineering company Mincon has said its chairman Peter E Lynch will step down from the role to take up a new executive role with the … Business • 20 Aug 14
BHP to create new global metals and mining frim BHP Billiton is to create a new independent company by spinning off some of its aluminium, coal, manganese, nickel and silver assets. Business • 19 Aug 14
Rescuers try to reach 11 trapped Honduras miners Rescue workers in Honduras said last night they were close to freeing three of the 11 miners trapped by a cave-in in a town in … News • 04 Jul 14
Australia keeps rates on hold at 2.5% Australia's central bank kept interest rates on hold at a record low 2.5% today. Business • 01 Jul 14
Australian central bank holds rates at 2.5% Australia's central bank held its cash rate steady at a record low of 2.5% today and hinted at a prolonged pause. Business • 04 Feb 14
Kenmare reports fall in operating profit Kenmare Resources has reported an operating profit of almost $6.9 million for the first six months of the year, significantly lower than the figure from … Business • 28 Aug 13
Australian central bank cuts rate to record low Australia's central bank cut its benchmark interest rate by a quarter of a percentage point to a record low of 2.5% today. Business • 06 Aug 13
Caterpillar sees Q1 profits drop by 45% A slowdown in the mining business is digging a hole in Caterpillar's first quarter profits, which the company said shrank 45%. Business • 22 Apr 13
Australia lowers key interest rate to 3% Australia's central bank cut its benchmark interest rate by a quarter percentage point today. Business • 04 Dec 12
Australia trims growth forecast for next year Australia's central bank cut its 2013 growth forecast today. Business • 09 Nov 12
Lonmin cuts sales forecast as strikes hurt Platinum miner Lonmin cut its full-year sales forecast as it continued to be hurt by violent strikes between unions at its mines in South Africa. Business • 17 Sep 12
Australia grows at fastest rate since 2008 crisis Australia's economy rocketed to 4.3% growth for the year to March. Business • 06 Jun 12
