News

News

Mine export surge holds up economy

29.03.2021

Article by Angela Macdonald-Smith and John Kehoe, courtesy of the Australian Financial Review A record $296 billion in forecast resources and energy exports this year is turbocharging Australia’s economic rebound from the COVID-19 downturn and will help offset the withdrawal ...

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RESOURCES HIT $296B RECORD

29.03.2021

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 iron ore industry. Amid the pandemic ...

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Iron ore to drive $136bn windfall

29.03.2021

Article by David Rogers courtesy of the Australian Booming iron ore exports on the back of a global economic rebound linked to stimulus measures and supply shortages following the COVID-19 pandemic are expected to drive Australia’s resources and energy ...

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World’s richest woman warns of iron ore crash

28.03.2021

Article by David Llewellyn-Smith courtesy of Macrobusiness Gina Rinehart’s right-hand man is on the hustings with a stark warning: Rinehart’s subsidiary Atlas Mining’s CEO Sanjiv Manchanda said iron ore will fall as supply normalises.He demanded cuts ...

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Australia’s economy is more reliant on iron ore than ever

25.03.2021

Article by Greg Jericho courtesy of the Guardian It is great for our economy, but it also means Australia’s economic base has become very narrow. In February, for the first time ever, Australia had exported $8bn more goods than ...

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Leadership shake-up at Rinehart’s Roy Hill mine

10.03.2021

Article by Brad Thompson courtesy of the Australian Financial ReviewThe Gina Rinehart-controlled iron ore miner Roy Hill has unveiled the biggest leadership shake-up in its remarkable 10-year history, with chief executive Barry Fitzgerald set to leave the top job within ...

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Changing of the guard at Rinehart’s Roy Hill

10.03.2021

Article by Stuart McKinnon courtesy of The West Australian         Long-serving Roy Hill chief executive Barry Fitzgerald will step down from the role in the middle of the year with chief operating officer Gerhard Veldsman taking the helm at the Gina ...

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Media Release: Roy Hill CEO Barry Fitzgerald becomes Hancock Prospecting executive appointed to the Roy Hill and Hope Downs Boards Roy Hill COO Gerhard Veldsman to be promoted to Roy Hill CEO

10.03.2021

Media Release 10 March 2021 Roy Hill CEO Barry Fitzgerald becomes Hancock Prospecting executive appointed to the Roy Hill and Hope Downs Boards  Roy Hill COO Gerhard Veldsman to be promoted to Roy Hill CEO  Roy Hill announced today that Barry Fitzgerald, ...

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WESTERN AUSTRALIAN’S BUDGET OUTPACES REST OF THE WORLD

08.03.2021

Article by Patrick Commins courtesy of The Australian Western Australia has recorded the best budget performance in the world through the pandemic, underpinned by a boom in mining royalties that have shielded the state’s bottom line from the worst ...

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WA’S ECONOMY BEST IN WORLD DURING COVID-19 PANDEMIC

08.03.2021

Article courtesy of The West Australian WA’s economy has boomed to be the best in the world during the COVID-19 pandemic. An analysis by S&P Global Ratings, reported in The Australian, show WA will run a small cash ...

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