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St Barbara Minerals released their December quarterly report this week, with disappointing results. Consolidated gold production was down from 63,700oz in the September quarter to 60,976oz. The Leonora operations saw a reduction of gold production from 34,078oz last quarter to 32,175oz. The December quarter from the year before produced 16,462oz more gold than this quarter. …
Today’s Top Story – Does The Corporate World and the Media Treat People Fairly Anymore?
Today I thought I would look at how the media and some corporations treat people and ask; Is that really fair? For example, the media in the last day or two have been all over the case of Channel Nine News director, Darren Wick, who was charged with a high-level alcohol driving offence that occurred …
Tonight’s Top Story – Are We Over-Governed by Politicians and Bureaucrats in Australia and at What Cost?
We have a federal government; each state and territory have a government and there is a myriad of councils and shires in each as well. Each level of government has its own responsibilities however there is a lot of crossover in some areas. Take for example health and education. The federal government provides a lot …
Today’s Top Story – When Will The WA Bubble Burst?
Who would have thought six months ago that the words “travel bubble” would have been used so prolifically, yet alone anyone even thinking of it? Yet here we are talking about it, hoping that these bubbles will open up between states and glory be internationally. Western Australia has lived within its own bubble since almost …
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Today’s Top Story – Western Australia continues to be the envy of the world.
The price of iron ore has never been so important to the Western Australian economy as has been evident in the recently announced state budget. On the back of soaring iron ore prices, the state government collected nearly $8.45B in royalties from the miners who exported millions of tonnes of the ore to overseas markets, …
Continue reading “Today’s Top Story – Western Australia continues to be the envy of the world.”
Morning News Bites – August 28
Morning News Bites – August 28 Specialised pilots not being allowed to fly in to WA due to the hard border closure could affect iron ore exports out of Port Hedland, Tesla hit a new high overnight and according to one leading analyst we need to rethink where our stocks are with banks not the …
Morning News Bites – August 24
In Today’s Morning News Bites for August 24. Fortescue Metals report 49% increase in net profit to a record $US4.7bn. QLD reports one new COVID-19 case overnight. Liberal call for branch clean-out. Fortescue Metals report strong results from FY20, exceeding production guidance with 178.2 million shipments of iron ore for the full year. Costs remain low: C1 …
Morning News Bites – August 21
In the Morning News Bites for August 21 2020. Coventry Group recorded Group sales growth for FY20 including acquisitions of 22.3%. Suncorp has recorded an earnings slide and A2 Milk look to baby formula. A detailed airborne magnetic survey has been completed for Sabre Resources near the Penny West Gold Mine. According to Sabre they will …
Morning News Bites – August 20
In Today’s Morning News Bites for August 20. Qantas profits fall 91% as 6000 jobs are axed. Wesfarmers slashes the value of Target by $525 million. Pantoro reports Scotia Mining Centre has been expanded once again due to new zone discovery. The Scotia Mining Centre has once again been expanded with the discovery a new zone …
Morning News Bites – August 18
In Today’s Morning News Bites for August 18. KCGM release their reserves, resources and guidance update for FY21. KCGM have set an FY21 guidance of 440,000 – 480,000oz at AISC of A$1,470 – 1,570/oz3, growth capital budget at A$198m (A$12m on exploration), and an expectation of production to rise to +675,000ozpa. Further growth is supported by a large …
