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Showing 1311 - 1320 of 1983 results for "Mining"

Market Wrap - Midday

AAP  |  WEDNESDAY, 12 MAY 2010
... $US22.80 on Tuesday's closing price of $US1,205.10. Lihir Ltd jumped 12 cents, or 3.08 per cent, to $4.02 and Newcrest Mining rose $1, or 3.18 per cent, to $32.41.

Do nothing budget

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2010
... with previous Budget measures -- especially pre-election Budgets -- this is as boring as boring could get. Australia's mining and resources companies look to be the only ones crying -- they will be slugged with a 40 per cent tax on their super profits. ...

Market Wrap - Midday

AAP  |  TUESDAY, 11 MAY 2010
... played down the impact of the budget on the market. "I don't think it will make much difference to the market," he said. Mining giant BHP fell 34 cents to $38.66 and Rio Tinto dropped 47 cents to $68.33.

RSPT reaction excessive: ISN

ALEX DUNNIN  |  TUESDAY, 11 MAY 2010
... Network reveals that its short-term introductory costs of 12 basis points will be more than offset by positive impacts on mining companies and super fund returns as they share in these profits. The benefits in contrast will be significant albeit they ...

Mining royalties should go into SWF

ALEX DUNNIN  |  FRIDAY, 7 MAY 2010
With the uproar surrounding the government's proposed 'mining super profits' tax, a less controversial solution may be putting mining royalties directly into an Australian sovereign wealth fund. Speaking on the ABC TV discussion program Q&A this week ...

New mining tax is miners' own idea

ALEX DUNNIN  |  FRIDAY, 7 MAY 2010
Super funds and investors upset about the mining stocks plunge this week should shift their blame from the government and instead zero in on the miners themselves because it was their idea. In a 20-page submission to the Henry Review in November 2008 ...

Market Wrap - Midday

AAP  |  THURSDAY, 6 MAY 2010
... Commonwealth Bank was down $2.17, or 3.81 per cent, at $54.73, while Westpac had fallen $1.22, or 4.66 per cent, to $24.97. Mining stocks were also lower. BHP Billiton was down 82 cents, or 2.12 per cent, at $37.92, Rio Tinto had fallen $1.71, or 2.5 ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 MAY 2010
... liquefied natural gas in Victoria. The Australian share market closed lower on Wednesday, following weaker offshore leads, but mining stocks recovered some lost ground from their heavy sell off that was sparked by the super profits tax proposal. The ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 MAY 2010
... Technology hold annual general meetings. On Tuesday, the Australian share market closed down as uncertainty about the proposed mining tax continued to worry investors. The Reserve Bank of Australia (RBA) also raised the cash rate by 25 basis points to ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 MAY 2010
... lower at noon as bank stocks fell from higher opening levels and resources stocks continued their fall on the proposed new mining tax. At 1200 AEST, the benchmark S&P/ASX200 index was down 8.2 points, or 0.17 per cent, to 4,777.3 points, while the broader ...