11/07/2008 - 06:36

Today's Business Headlines

11/07/2008 - 06:36

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Miners' $500m bet on uranium; Gas find boosts Chevron's Wheatstone hopes; Monarch calls time over weight of Territory debt; Brierty mired in Boddington pay row; Alcoa chief cautious on emissions as costs soar

Today's Business Headlines


Miners' $500m bet on uranium
Japanese and Canadian mining giants have made a $500 million bet on a change of government in Western Australia after agreeing to buy Rio Tinto's vast uranium deposit in the Pilbara region of the state. The Australian

Gas find boosts Chevron's Wheatstone hopes
Chevron's ambitions of developing its wheatstone gasfield of WA's North West as a multiple-train liquefied natural gas project received a big boost yesterday when a nearby well strucksignificant amounts of gas. The West

Monarch calls time over weight of Territory debt
Monarch Gold Mining has collapsed defying the biggest mining boom experienced in WA in decades and adding to the State's gold sector woes. The West

Brierty mired in Boddington pay row
Brierty is immersed in an industrial relations dispute at the Boddington gold project amid allegations that it withheld hundreds of thousands of dollars in wages from about 100 workers last year. The West

Alcoa chief cautious on emissions as costs soar
Alcoa Australia chief Alan Cransberg said yesterday that soaring price increases as he stepped up warnings that an emissions trading scheme could further disadvantage Australian companies against foreign competitors. The West

 

THE WEST AUSTRALIAN

The medium house price in Perth has fallen $30,000, or 6 per cent, int the first half of this year in a further sign of plummeting consumer confidence.

Business: Monarch Gold Mining has collapsed defying the biggest mining boom experienced in WA in decades and adding to the State's gold sector woes.

Brierty is immersed in an industrial relations dispute at the Boddington gold project amid allegations that it withheld hundreds of thousands of dollars in wages from about 100 workers last year.

Chevron's ambitions of developing its wheatstone gasfield of WA's North West as a multiple-train liquefied natural gas project received a big boost yesterday when a nearby well strucksignificant amounts of gas.

Alcoa Australia chief Alan Cransberg said yesterday that soaring price increases as he stepped up warnings that an emissions trading scheme could further disadvantage Australian companies against foreign competitors.


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