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BHP sheds Olympic Dam jobs

Mining giant BHP Billiton will shed hundreds of jobs at its Olympic Dam mine in South Australia, but the company hopes to redeploy some contractor roles.

BC Iron cuts deeper amid weak prices

Pilbara iron ore producer BC Iron is making deeper cuts as it renegotiates workforce tenders at a new mining hub amid weaker iron ore prices.

Commonwealth Bank shares hit record $90

Commonwealth Bank of Australia shares have touched $90 for the first time since it was privatised in 1991.

Whitehaven Coal targets further cost cuts

Whitehaven Coal expects to lower its production costs further over the second half of the financial year, after posting a $78 million first half loss.

Newcrest lifts gold production target

Gold mining giant Newcrest has lifted its full year production targets, but is disappointed with the performance of its major PNG operation.

2GB owner expects sharp fall in profit

Macquarie Radio has flagged a 65 per cent fall in half year profit because of several costs, including a contract extension for Alan Jones.

Origin says production down four per cent

Origin Energy has experienced a four per cent fall in quarterly production in the December quarter as maintenance work was carried out at Otway and BassGas

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