Mining giant Rio Tinto has confirmed it is cutting more jobs across its iron ore division in Western Australia.
Key points:
500 jobs are expected to be cut, many from Perth
Rio is blaming tough market conditions
Last week's iron ore price recovery is predicted to be temporary
The company will not confirm numbers, but it is understood... |
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Last week was relatively quiet as the" Donald " effect gradually calmed down. Focus will now be on the appointments he makes and also a more rational analysis of what he will actually be able to get through congress .
Investment wise in the US the main beneficiaries are still health care, financials and defence with a move away ... |
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BROOME, Western AustraliaExploring one of the planet's most isolated coastlines from the bunk bed of a working pearl boat, with its smell of marine diesel and dead fish, is not your average luxury cruise.
But as China has cornered much of the global market with mass-produced pearls, traditional pearl farmers from Australia to Indonesia a... |
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The Kimberley Meat Company's abattoir between Broome and Derby was officially opened in September and is now processing between 400 and 500 animals a week.
Owner Jack Burton said the abattoir was ready to ramp up and process a lot more cattle, but was still waiting on some export approvals, which were due in the coming weeks.
"W... |
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The Sahiwal Express was loaded with around 2,800 head of cattle this week in Broome, in what is expected to be the last live export shipment from the Kimberley this year.
Cattle ships will continue to be loaded in southern Western Australia, as well as Darwin in the Northern Territory and Townsville in Queensland, as exporters look to supply... |
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