Growth story gets lost in the...
ASCIANO has flagged plans to raise up to $1 billion via a partial asset sale in order to ease its crippling debts, after stumbling to a humiliating $182 million loss for the year.
08/06/08
Similar news about Brambles Ltd.
Asciano can't explain share price drop
Transport infrastructure company Asciano Group Ltd says it has no explanation for the fall in its share price of nearly 20 per cent.
Petrol prices erode profits
Skyhigh petrol prices will soon be felt not only at the bowser, with earnings expected to be downgraded as margins are squeezed.
A year on, small joy for Qantas
It is doubtful many Qantas shareholders will celebrate the first anniversary of the collapse of the $11.1 billion bid for the carrier.
Asciano, cap in hand
Asciano boss Mark Rowsthorn will have been heartened by the success of the recent Wesfarmers issue as he works out the best way to raise capital without spooking an already...
Asciano cleans up its mess
THE ILL-FATED $585 million tilt by transport operator Asciano at the much larger pallets and storage specialist Brambles has resulted in a $85 million loss on Asciano's original...
ASX buoyed by earnings results
The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
Similar news about Qanta Airways
Growth story gets lost in the translation
August 6, 2008
ASCIANO has flagged plans to raise up to $1 billion via a partial asset sale in order to ease its crippling debts, after stumbling to a humiliating $182 million loss for the year.
Rio Tinto spins iron ore deal into bid defense (Reuters)
Reuters - Shares in global miner Rio Tinto gained over 1 percent on Tuesday after it won a huge price rise for iron ore shipped to China, giving it a chance to trumpet its defense against a $163 billion takeover bid.
Rio Tinto to invest $2.15 bln in Brazil iron ore mine (AFP)
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Rio Tinto posts record half-year profit
Rio Tinto Ltd., the world's third-largest mining company, said Tuesday that half-year profit more than doubled to a record on strong demand from China for iron ore and other...
Rio Tinto ends Asian steel price talks
Rio Tinto has concluded price negotiations with its Asian customers for the steelmaking commodity.
Rio Tinto loses iron ore licence in...
Rio Tinto, the world's second-largest miner, has lost control of one of its
most important iron ore projects.
Rio Tinto to fight for Simandou project
Rio Tinto Ltd has vowed to fight for its rights to the $6.46 billion Simandou iron ore project in Guinea.
Rio Tinto says Guinea goes back on...
AFP - Anglo-Australian mining giant Rio Tinto said Sunday a concession which potentially could open a massive new iron ore field in west Africa appeared to have been rescinded.
Rio Tinto sells WA asset for $564m
Rio Tinto Ltd has completed the sale of its Kintyre uranium project in Western Australia's East Pilbara region for $US495 million ($A564 million).
Rio Tinto to double thermal coal by 2015
Rio Tinto plans to double Australian thermal coal output by 2015 as it ramps up production in the Hunter Valley and removes infrastructure constraints.
Rio Tinto to buy ore from mine in WA
Rio Tinto has signed an agreement to purchase ore from a junior explorer as the mining giant seeks to prevent third parties gaining access to its railway in WA.
Rio Tinto upbeat on commodities as...
Rio Tinto, the world's second largest miner, today revealed a 51.8 per cent
rise in profit for the first six months of the year due to soaring commodity
prices as it...