30/04/2008 - 06:19

Today's Business Headlines

30/04/2008 - 06:19

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70,000 miners needed to exploit resources boom; Midwest approves sweeter Chinese bid; Rate rises put breaks on house prices; Opes Prime client asks court to rule against sale of his shares; Now Rio's turn to talk down rival in battle of ore giants

Today's Business Headlines

70,000 miners needed to exploit resources boom
Australia needs another 70,000 mining workers - from explosives driller to surveyors - to take full advantage of the commodities boom, the Mineral Council has warned. The West

Midwest approves sweeter Chinese bid
Chinese-owned Sinosteel Corp has struck a purchase deal with West Australian iron ore miner Midwest Corp for $1.37 billion. The Fin Review

Rate rises put breaks on house prices
Consecutive interest rates rises have taken their toll on house prices, with last year's rapid growth in most capital cities stalling during the first three months of 2008. The Fin Review

Opes Prime client asks court to rule against sale of his shares
A Melbourne businessman who borrowed money through the failed Oped Prime Stockbroking firm to buy more than one per cent of the company that owns Pizza Hut, KFC and Starbucks in New Zealand has begun a court bid to halt the sale of his shares. The West

Now Rio's turn to talk down rival in battle of ore giants
Rio Tinto gets the chance today to lend some weight to its claim that it would ratehr be the world's No. 1 aluminium producer than the 60th-ranked oil producer like its hostile takeover suitor BHP Billiton. The West

 

THE WEST AUSTRALIAN

Australia needs another 70,000 mining workers - from explosives driller to surveyors - to take full advantage of the commodities boom, the Mineral Council has warned.

Roads supporting BHP Billiton and Rio Tinto's $18 billion Pilbara mining operations will get a $240 million upgrade under next month's Federal Budget, as part of the $900 million-plus injection into the State's roads.

Business: A Melbourne businessman who borrowed money through the failed Oped Prime Stockbroking firm to buy more than one per cent of the company that owns Pizza Hut, KFC and Starbucks in New Zealand has begun a court bid to halt the sale of his shares.

Rio Tinto gets the chance today to lend some weight to its claim that it would ratehr be the world's No. 1 aluminium producer than the 60th-ranked oil producer like its hostile takeover suitor BHP Billiton.




 

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