Australian Financial Review Australia’s biggest ever resources development, the Gorgon liquefied natural gas project, faces a $20 billion cost blowout to more than $60 billion because of the high dollar, union demands,
The Australian Fears are mounting that Woodside Petroleum may develop its $40 billion Browse energy project using floating LNG technology, after the company dismantled its work compound at James Price Point in
Australian Financial Review BHP Billiton’s new iron ore chief, Jimmy Wilson, has targeted more job cuts and a boost in labour productivity to revitalise its iron ore business now that boom-time ‘scarcity
The Australian Economics Editor David Uren points out the length of the mining boom will be decided by the industry’s ongoing competitiveness. Despite the huge possibilities for major investment in LNG in
Australian Financial Review Former V-P regional development of Oyu Tolgoi, David Paterson says the Asian White Century report tells a compelling story about the economic opportunities for Australian companies from the growing
Australian Financial Review The federal government’s energy white paper is expected to push benefits of more deregulation and privatisation of the energy supply industry by state governments. Robert Pritchard, executive director of
Australian Financial Review The Gillard government has overestimated Chinese demand for coal and iron, warns economist and Labor government advisor Ross Garnaut. Furthermore, the forecasts in the Asian Century white paper ‘really
Australian Financial Review The Queensland and West Australian economies are stagnating due to a lack of labour. Dr Susanne Bahn, Edith Cowan University academic, says not enough skilled workers are migrating across
The Australian Chinese interest in Australian miners continues amid slumping prices and high costs. Endocoal chief executive, Tim Hedley, says that companies face ‘an increasingly challenging operating environment, given recent global financial
Australian Financial Review While the Asia Century White Paper has placed a large emphasis on developing Darwin as a regional hub for a significant number of goods and services, Australian Agricultural chief
The Australian Although the mining tax will not raise any revenue, Australia’s junior iron ore sector will still have spent millions of dollars in compliance costs just to confirm they do not
The Australian The government’s new mining tax raised zero revenue in its first three months. Price cuts, the high dollar and falling profits, mostly due to lower commodity prices, have drastically reduced