At the very end of an extraordinary week, a late announcement from an unlikely source – Transport Minister Troy Buswell – gave one of the few clear signals about future growth in the mining sector.
AS the world enters its fifth year of economic turbulence and even the best-insulated businesses in Western Australia are being affected, the factors that determine business influence in this state
CHINA'S decision to slow national growth has cast doubt over the strength of the iron ore trade and led to uncertainty about the sector's outlook, at least in the near term.
Iron ore miner Fortescue Metals Group has reported a solid rise in half-year profit today but also disclosed an expected jump in costs and delays to its ambitious expansion strategy in the Pilbara.
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
Fortescue Metals Group's new chief executive has announced an ambitious target before he even begins his new role, saying the company plans to bring forward its iron ore production target of 155 million tonnes per annum by up to a year.
Fortescue Metals Group has announced that its chief executive Andrew Forrest will retire from his current role, and will succeed Herb Elliott as chairman of the company.
