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Search resuls for: "Australia's New South Wales State"


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SYDNEY (Reuters) - The premier of Australia's New South Wales state condemned on Sunday a neo-Nazi rally in the state capital Sydney as "appalling", a day after Prime Minister Anthony Albanese said neo-Nazism was on the rise in the country. "Police are meeting these obnoxious and appalling racists head-on in New South Wales streets," Premier Chris Minns told reporters in Sydney, describing the event as a "neo-Nazi demonstration". The prime minister said Australia had seen a rise in neo-Nazism, which was condemned "by all decent people". At the time, the centre-left Labor government said the laws sent a clear message there was no place in Australia for those who glorify the Holocaust or terrorist acts. (Reporting by Sam McKeith in Sydney; Editing by Kim Coghill)
Persons: Anthony Albanese, Chris Minns, Albanese, Sam McKeith, Kim Coghill Organizations: SYDNEY, Australia's, Nazi, Police, Labor Locations: Australia's New South Wales, Sydney, New South Wales, Australia, Israel, Gaza
SYDNEY, Nov 25 (Reuters) - A climate change protest off the coast of Australia's New South Wales State disrupted operations at the country's biggest coal export port on Saturday, the port operator said. The Port of Newcastle, some 170 km (105 miles) from the state capital Sydney, is the largest bulk shipping port on Australia's east coast and the nation's largest terminal for coal exports, according to the New South Wales government. Rising Tide spokesperson Zack Schofield said no coal shipments had entered or exited the port since 10 a.m. Saturday. State police said no arrests had been made in relation to the protest under way near the port on Saturday. Climate change is a divisive issue in Australia, the world's second-biggest exporter of thermal coal behind Indonesia, and the top exporter of coking coal, used to make steel.
Persons: Zack Schofield, Sam McKeith, Jacqueline Wong Organizations: SYDNEY, Australia's New South Wales State, New South, Tide, State, Labor, Thomson Locations: Australia's New South Wales, Port, Newcastle, Sydney, Australia's, New South Wales, Australia, Indonesia
Light Plane Crashes in Rural Australia, Four Killed
  + stars: | 2023-10-06 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: 1 min
Sydney (Reuters) - A light plane crashed in a rural area of Australia's New South Wales state on Friday, killing the male pilot and three children who were on board, police said late on Friday. The Cirrus SR22 took off from Canberra and crashed about 3 p.m. local time (0400 GMT) near the town of Queanbeyan which is roughly 290 kilometres (180 miles) from Sydney. Emergency services responded to reports that a plane had crashed and was in flames, with firefighters extinguishing the blaze but there were no survivors, police said. (Reporting by Sam McKeith in Sydney; Editing by Edwina Gibbs)
Persons: Sam McKeith, Edwina Gibbs Organizations: Sydney Locations: Australia's New South Wales, Canberra, Queanbeyan, Sydney
MELBOURNE, Feb 16 (Reuters) - Australia's Whitehaven Coal Ltd (WHC.AX) posted a more than five-fold jump in first-half profit on Thursday, aided by soaring coal prices, but paid a lower than expected dividend, sending its shares down. But Whitehaven announced an interim dividend of only 32 Australian cents per share, about 30% lower than Citi estimates and about 16 cents below Goldman Sachs' forecast. Whitehaven shares slid as much as 12.3% after news of the coal reservation scheme broke, before paring loses to A$7.88, down 3.8%. "We do think the structural underpinnings of the market are very positive, but in the short term, coal prices have come off quite a bit," Flynn added. Subsequently, the company kept its run-of-mine coal production guidance of between 19.0 million and 20.4 million tonnes for the 2023 fiscal year unchanged.
South32 sees shipping delays tying up cash in inventory
  + stars: | 2023-01-23 | by ( ) www.reuters.com   time to read: +2 min
MELBOURNE, Jan 23 (Reuters) - Australian diversified miner South32 Ltd (S32.AX) on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an inventory buildup, impacting working capital. In its quarterly report, South32 met coal, aluminium and copper forecasts and slightly exceeded analyst estimates for manganese ore production, for which it is the world's biggest producer. "While production was inline, sales were impacted, leading to weaker-than-expected cash generation," said analyst Glyn Lawcock of Barrenjoey in Sydney. "This impact is most acute in our aluminium value chain in Southern Africa due to ongoing shipping delays." In manganese ore, South32 reported 1,477 kilotonnes (kt) of production, ahead of an RBC estimate by 7%.
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