AUSTRALIA

IBTimes Logo

Newmont profit up but sees gold, copper output off

Newmont Mining Corp's (NEM.N) fourth-quarter profit rose sharply, beating Wall Street estimates, and the company increased its gold reserves by 2 percent. The world's No. 2 gold producer said on Thursday that net earnings were $812 million, or $1.61 per share, compared with $558 million, or $1.13 per share, in the same quarter of 2009.

Gold steadies, inflation fears offer support

IBTimes Logo
Gold steadied near seven-week highs on Thursday, as investor fears over inflation stemming from the spike in crude oil were partially offset by pockets of profit-taking after the market's 6 percent rise this month.
IBTimes Logo

Gillard govt to set carbon price from mid-2012

Australia's government launched a third attempt on Thursday to make carbon polluters pay for their emissions, unveiling plans for a fixed-price scheme from 2012 and vowing not to surrender this time in the face of fierce opposition.
More news

Facebook travel photos inspire holiday bookings

Flight comparison site Skyscanner has revealed how Facebook influences people's travel plans, with 52 percent of respondents in a poll stating that seeing friends’ photos on Facebook makes them want to book a holiday.
Man

New Zealand quake kills at least 65

New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country's second-biggest city of Christchurch, killing at least 65 people.
IBTimes Logo

NZ quake hits shares of Australia banks, insurers

Shares in Australian banks and insurers fell between 1.4 and over 2.7 percent after a strong quake hit New Zealand's second-biggest city of Christchurch on Tuesday for the second time in five months.
ASX

Australia's ASX H1 net up 2.8 percent, eyes SGX deal

ASX Group Ltd (ASX.AX) eked out a small first-half profit growth, but focus was squarely on the completion of Singapore Exchange's (SGXL.SI) $7.9 billion bid for the Australian bourse operator, a move to help the bourses fight growing competition.
"Sport of kings" looks to China's elite

Sport of kings looks to China's elite

Asia's first ever snow polo tournament went into its second day on Wednesday at China's newest and largest polo club, with six top global teams promoting the luxury sport to the nation's new and growing ranks of wealthy.
BHP Billiton CEO harboured concern over China spying

BHP Billiton CEO harboured concern over China spying

Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harboured concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.