May 20, 2015 Articles
MACRO is pleased to announce that Veronica Macpherson our Managing Director, has been named a Regional nominee for the 2015 EY Entrepreneur Of The Year awards. EY (Ernst & Young) is one of Australia’s top four accountants who project manage the arrangement of MACRO’s institutional financing, for their development projects. EY Entrepreneur Of The Year™ Read the full article…
May 20, 2015 Articles | Featured
Fly-in, fly-out workers are up to 70 per cent more likely to suffer mental health problems than the general Australian population, new research reveals. The biggest “stressors” for employees are isolation from families due to “length of swing” and senior management. Missing special events, such as anniversaries and birthdays, financial pressures and relationship breakdowns are Read the full article…
Apr 13, 2015 Articles | Government & Policy
The West Australian Lands Minister has refused to extend the lease on a large fly-in fly-out (FIFO) workers’ camp in the Pilbara. Woodside’s 2,000-bed Gap Ridge Village was set up on the outskirts of Karratha in 2007 to accommodate construction workers on the company’s Pluto LNG Project. The facility still houses some FIFO operational workers, Read the full article…
Mar 11, 2015 Featured | State of the Market
Global iron ore supplies are set to expand further as the world’s biggest producers press on with capacity expansions, raising shipments of the steel-making raw material into a market facing a record surplus and sinking prices. Net supplies will increase about 60 million to 75 million metric tons in 2015, in line with a 75 Read the full article…
Feb 18, 2015 Articles | Featured | State of the Market
Steel production in China will expand through to 2030, according to Rio Tinto Group, which forecast the increase after Morgan Stanley predicted that output in the largest supplier will peak this year and then contract. China’s crude-steel output will increase from 823 million metric tons last year to about 1 billion tons by 2030, Alan Read the full article…
Feb 18, 2015 Articles | Featured | State of the Market
Iron ore exports at Port Hedland have increased by 30 per cent on this time last year as the big miners ramp up production. Iron ore exports through Australia’s largest bulk commodity port totalled 36.7 million tonnes in January, up 30 per cent or 8.5 million tonnes, on the same month in 2014, figures from Read the full article…
Feb 2, 2015 Articles | Featured
A “Bunnings coming soon” sign erected out the front of the Kingsford Smith Business Park last week has had motorists on Wilson Street honking with joy. Hedland residents have been patiently waiting for construction of the store to begin after Bunnings purchased land from the council almost two Read the full article…
Jan 28, 2015 Articles | Featured | Government & Policy
Hedland’s new marina reference group will hold its first meeting on February 2 and begin studying reports into the town’s proposed $152 million marina development. The group are set to play a guiding role as debate about whether the marina should be located at the Spoilbank or Cooke Point looms. It is potentially one of Read the full article…
Dec 19, 2014 Articles | Featured | Government & Policy | State of the Market
The fall in the iron ore price is likely to get a solid run as a big part of the reason for the Federal Government’s bad news it will deliver this morning in Treasurer Joe Hockey’s MYEFO update. But Westpac’s head of market research Rob Rennie, writing in his monthly wrap of shipping activity in Read the full article…
Dec 17, 2014 Articles | Featured
This month we will be looking at the recent media surrounding the falling iron ore price and how the Australian mining giants, BHP and Rio Tinto continue to expand. Globally, the falling price is having a major impact on resource company profit margins, yet Australian production rates are rapidly increasing. Currently the iron ore price is Read the full article…
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