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ASX rally rolls on as Woolies shines while miners fall

2015-11-23 21:32:06| Grocery - Topix.net

The star performer of the blue chips on Monday was Woolworths, also ranking among the top 10 performing stocks of the day. The Australian sharemarket started the week on a positive note, led up by a stellar performance from Woolworths, but weak commodity prices weighed on the miners.

Tags: fall rolls rally shines

 

New Report Finds Largest Global Miners Failing To Handle Major Climate Risks

2015-11-23 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: A new report, analyzing a group of the largest metal and mining companies, with combined market capitalization of US$329bn, has found they are failing to adequately manage carbon and water risks, with most unsupportive of new climate regulation. The report uses data from CDP, the only global environmental disclosure system, and assesses whether the companies are taking action such as setting meaningful emissions reduction targets, conducting water stress evaluation or preparing for the expected...

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High-energy coal to help Australia miners steam ahead in Asia

2015-11-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: As debate swirls around the future of coal, Australian miners are counting on the higher energy content of the coal they dig and proximity to growing Asian markets to give them an edge over rivals and defy a global push towards cleaner energy. With around $35 billion in projects in the pipeline, the world's No.2 exporter of thermal coal is relying on Asian markets using the cheapest source of power even as they try to contain soaring emissions and choking pollution. That growth in coal demand comes...

Tags: australia asia ahead steam

 

Walter Energy lays off half its miners at its No. 7 mine in Brookwood, Alabama

2015-11-04 02:04:47| Industrial Machines - Topix.net

The coal producer is eliminating 265 positions at this mine from a total employment of 535. All affected positions are union workers.

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Coalition asks miners and coal seam gas firms to respect farmers' 'moral rights'

2015-11-01 06:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Coalition government is asking miners and coal seam gas companies to recognise that the moral right of farmers to determine what happens on their land overrides companies legal right to explore or mine. There is a pathway forward where the producers recognise the right of farmers to control who comes onto their land, the environment minister, Greg Hunt, told the ABCs Insiders program on Sunday. Its a moral right, its not, at this moment, because of the constitution, a legal right....

Tags: rights respect gas firms

 

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