Esther Tanquintic-Misa

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Rinehart Loses Court Battle Over Rhodes Ridge

Gina Rinehart, richest woman of Australia and of the world, has lost an 11-year old court battle to repossess from rival miner Wright Prospecting Pty Ltd. a 25 per cent stake in the Rhodes Ridge three billion tonne iron ore deposit in Western Australia.

Australian September Home Sales Down 3.7%

Despite the Reserve Bank of Australia (RBA) slashing interest rates in both May and June, sales of new homes in Australia continued to fall, dropping by as much as 3.7 per cent for a third consecutive month in September.

Virgin Australia Scores 3-in-1 Aviation Deals

In what could be an unprecedented strategy to propel its business, Virgin Australia divested a 10 per cent stake to Singapore Airlines Ltd., effectively collecting enough funds that will enable it to get a 60 per cent hold of Tiger Airways Australia and full control of Perth-based regional carrier Skywest Airlines Ltd.

Vodafone Australia Foregoes 500 Jobs

Effective next month December, 500 job posts will have to go at Vodafone Hutchison Australia as the company sizes up what could still be managed and saved from the firm amid a dropping market share.

Not Enough Studies on Coal Mining Impact Shifts Focus on NSW’s Hunter Region

The coal mining industry in Australia's Hunter Valley region in New South Wales is now the focus of debates as Australian health experts clamored for a health impact study following international evidence which stated that Australia lacked research that studied the possible ill effects of coal mining in the communities.

Australia is World's Top 8 for Business Expansion

Australia has been ranked as the eighth most attractive destination for business expansion in 2012, according to global accountancy network BDO in its new survey based from responses of 1,050 chief financial officers (CFOs) of medium sized firms around the world.

Uranium Mining Ban Lifted in Queensland

After 30 years, Australia's Queensland state will resume uranium mining as the state's Premier Campbell Newman surrendered to pressure to lift the policy in support to the Australia Prime Minister Julia Gillard's desire to sell uranium to India.

Queensland Gov't Mulls Lifting Uranium Ban – Report

Following Australian PM Julia Gillard's recent visit to India, which focused on cooperation on civil nuclear energy, the country's state government of Queensland is now mulling to lift its self-imposed uranium ban in anticipation of a potential mining boom of the resource commodity.

Prices of Wheat Continue to Soar

The unusual dry weather prevailing in top wheat exporting nations led by the United States and Australia had prompted prices of the basic commodity to dramatically shoot up.

Xstrata’s Philippine Gold-Copper Mine Delayed As Country Reforms Mining Laws

Plans of global mining firm Xstrata Plc to create a $5.9 billion copper-gold project in the Philippines' southern region has been relegated to the sidelines as the country's chief executive ordered the execution and implementation of a mining reform bill, effectively halting further new projects of other mining firms as well.

Queensland Miner Ensham Cuts 400 Jobs

Central Queensland coal miner Ensham Resources will be cutting some 400 jobs from its coal mine operations near Emerald, west of Rockhampton to ensure business sustainability amid the continuing declining global market conditions.

Newmont 3Q Gold Output Down 6%, Faces $77M Charges

Global gold miner Newmont Mining Corporation on Wednesday reported its third quarter gold production had slumped by 6 per cent on lower mill availability and recoveries as well as lower ore tons and grades.

Australia Struggles with Rising HIV Cases

The number of individuals diagnosed with the dreaded Human immunodeficiency virus (HIV) has risen in Australia, prompting lawmakers and health experts to re-assess laid down national policies and programs on the disease.

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