Latest news with #TomPrice
ABC News
08-07-2025
- ABC News
Rescue underway after child falls into Dales Gorge in Karijini National Park
Emergency services are working to rescue a young child who fell into a gorge in Western Australia's Karijini National Park. It is understood the child fell at the popular Dales Gorge swimming spot. Authorities were alerted shortly before midday. A Department of Fire and Emergency Services spokesperson told the ABC a carry-out rescue operation was underway. Emergency Service volunteers from Tom Price State and Fire and Rescue Service personnel are assisting with the rescue. St John WA was not able to confirm specific injuries or the age of the child. More than 30,000 tourists visit Karijini National Park between June and August every year, according to the Tom Price Visitor Centre. Dales Gorge is considered one of the most popular and accessible gorges in the park. Dales Gorge and adjacent pools and trails are closed until further notice.
Business Recorder
03-07-2025
- Business
- Business Recorder
Copper retreats on profit-taking ahead of US jobs data
LONDON: Copper prices eased on Thursday as some traders and funds took profits on long positions ahead of jobs data that could determine the direction of U.S. interest rates and the dollar. Benchmark copper on the London Metal Exchange was down 0.2% at $9,994 a metric ton by 1032 GMT, having touched a three-month high of $10,020.50 on Wednesday. Traders reported subdued volumes ahead of the monthly U.S. employment report for June. The data, due later on Thursday, is expected to show a slight rise in unemployment. Weak growth numbers would raise worries about U.S. growth and potentially allow the Federal Reserve to cut interest rates, which would weigh on the dollar. A weakening U.S. currency, making dollar-priced metals cheaper for buyers with other currencies, has buoyed industrial metals prices this year. Another strong influence on copper prices has been a U.S. investigation into potential tariffs on imports of the metal used in the power and construction industries, which could create shortages and drive up prices on COMEX. Copper gains as traders likely to continue shipping ahead of possible US tariffs The COMEX copper premium of about $1,300 a ton over LME prices spurs traders and producers to divert metal to the U.S. from elsewhere. 'While U.S. copper imports have not yet been hit by a tariff … the market is still pricing in this risk,' said Panmure Liberum analyst Tom Price. Much of the metal shipped to the United States has come from LME-registered warehouses. Stocks in the LME system have dropped 65% to 94,325 tons since the 2025 peak in mid-February. Cancelled warrants, or metal earmarked to leave LME warehouses, at 34% indicate that another 31,900 tons are waiting to be shipped out. However, recent data shows the premium, or backwardation, for the cash copper contract over the three-month forward is starting to attract metal back to the LME. In the port of Gwangyang in South Korea, copper stocks in LME warehouses are up by 2,250 tons this week. In Kaohsiung, Taiwan, they are up by 1,250 tons. In other metals, aluminium slipped 0.4% to $2,609 a ton, zinc eased 0.3% to $2,749, lead was up 0.4% at $2,068 while tin retreated 0.2% to $33,655 and nickel advanced by 0.7% to $15,405.
Zawya
03-07-2025
- Business
- Zawya
Copper retreats on profit-taking ahead of US jobs data
Copper prices eased on Thursday as some traders and funds took profits on long positions ahead of jobs data that could determine the direction of U.S. interest rates and the dollar. Benchmark copper on the London Metal Exchange was down 0.2% at $9,994 a metric ton by 1032 GMT, having touched a three-month high of $10,020.50 on Wednesday. Traders reported subdued volumes ahead of the monthly U.S. employment report for June. The data, due later on Thursday, is expected to show a slight rise in unemployment. Weak growth numbers would raise worries about U.S. growth and potentially allow the Federal Reserve to cut interest rates, which would weigh on the dollar. A weakening U.S. currency, making dollar-priced metals cheaper for buyers with other currencies, has buoyed industrial metals prices this year. Another strong influence on copper prices has been a U.S. investigation into potential tariffs on imports of the metal used in the power and construction industries, which could create shortages and drive up prices on COMEX. The COMEX copper premium of about $1,300 a ton over LME prices spurs traders and producers to divert metal to the U.S. from elsewhere. "While U.S. copper imports have not yet been hit by a tariff ... the market is still pricing in this risk," said Panmure Liberum analyst Tom Price. Much of the metal shipped to the United States has come from LME-registered warehouses. Stocks <0#MCUSTX-LOC> in the LME system have dropped 65% to 94,325 tons since the 2025 peak in mid-February. Cancelled warrants, or metal earmarked to leave LME warehouses, at 34% indicate that another 31,900 tons are waiting to be shipped out. However, recent data shows the premium, or backwardation, for the cash copper contract over the three-month forward is starting to attract metal back to the LME. In the port of Gwangyang in South Korea, copper stocks in LME warehouses are up by 2,250 tons this week. In Kaohsiung, Taiwan, they are up by 1,250 tons. In other metals, aluminium slipped 0.4% to $2,609 a ton, zinc eased 0.3% to $2,749, lead was up 0.4% at $2,068 while tin retreated 0.2% to $33,655 and nickel advanced by 0.7% to $15,405.
Yahoo
26-06-2025
- General
- Yahoo
Tradies' wild discovery after opening underground vault in Aussie outback
Only in Australia would a snake in an underground telecommunications pit warrant nothing more than a shrug and a "righto, back to it". That's the message from Telstra, after contractors in Western Australia stumbled upon the slithery surprise when they were recently attempting to enhance connectivity in the region. Posting online this week, the photo shows what appears to be an olive python wrapped about fibre optic cables in an underground vault in Tom Price, in the Pilbara region in the state's north. "One of these fibre cables doesn't look right," the telco said online. "Our infrastructure projects team in the Pilbara opened a pit and found this snake curled up inside." Speaking to Yahoo News, a Telstra spokesperson said the subcontractors, from one of its construction partners, found the surprise visitor. "The photo was taken by our Telstra employee Shannon Wulff, who is a Senior Program Lead for the Pilbara Connectivity Program in Telstra InfraCo's National Infrastructure Projects team," they said. Telstra said, "luckily", the python slithered off "without a fuss", enabling the crew to get on with the job. Olive pythons are one of Australia's largest non-venomous snakes, growing several metres long. Named for their smooth, olive-green to brown colouring, they are powerful constrictors and belong to the same family as carpet pythons. Aussie's startling find hidden in 4WD Aussie tradies cop $126,000 in fines for 'disgusting and vile' act Huge change for Telstra mobile users amid new Space X service boost They're found across northern Australia, including the Pilbara, Kimberley and parts of Queensland, where they inhabit rocky outcrops, escarpments, waterholes, and gorges Though large, they are typically shy and non-aggressive, preferring to avoid humans. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.
West Australian
20-06-2025
- Business
- West Australian
What the State Budget means for the Pilbara
The Pilbara has once again been heralded as the 'powerhouse' of WA, with the 2025-26 State Budget outlining investments in health, housing, education and economic infrastructure for the region. Minister Amber-Jade Sanderson addressed a crowd at the KDCCI and Pilbara Development Commission State Budget Breakfast, breaking down the State Government's key Pilbara priorities. In healthcare, the State Budget outlined $1 million for an eight-bed Karratha Renal Dialysis Facility and Hostel and $18.5m to increase the Patient Assisted Travel Scheme (PATS) fuel subsidy from 26c per kilometre to 40c per kilometre. Also allocated is $55m to the Tom Price and Paraburdoo hospital redevelopment projects. 'I'm very pleased to say that Paraburdoo is out for tender, and the Tom Price tender has been awarded,'Ms Sanderson said. 'The tenderer is finalising with the local government on some of the resilience required, particularly around extreme weather events, and they'll be getting on with that construction. 'One of the things that we did with the Tom Price tender is we tendered it as a region; all of the government projects, including schools, hospitals, police stations. 'So rather than just going project by project, we actually tendered as a region, and that has made those projects viable. Without the work that this government has done, these projects would not be getting off the ground.' Pilbara housing was another hot ticket item, with $43.2m allocated to the Mulataga housing development in Karratha, $13.7m for regional staff accommodation costs to attract and retain staff (mainly across the North West) and $103.8m to double Government Regional Officer Housing (GROH). Cost of living support for Pilbara residents was also outlined; including $250 for every secondary student and $150 for every primary and kindergarten student, a $100 top up for regional pensioner travel card holders, $337m towards the WA Residential Battery Scheme and $3.5 billion over the next four years to keep regional water and power prices in line with metropolitan prices. The Regional Airfare Zone Cap Scheme will continue, caping airfares at $299 one way for Karratha, Port Hedland, Newman and Paraburdoo residents travelling to Perth. The education sector will also have a share, with a handful of Pilbara primary and high schools receiving a boost along with a stake in the School Breakfast Program to provide free breakfasts five days a week. Around $277m per annum will be invested to deliver Vocational Education and Training, career and employment advice, and TAFE support services across regional WA. Funding will also be allocated to regional roads, with $250m over five years to expand the Regional Road Safety Program to local roads across the State, however, Ms Sanderson did not specify which Pilbara roads would see an upgrade. 'Main Roads will work with the local governments across the Pilbara to identify the pipeline of work over the next four years, and how we prioritise that,' she said. $35 million has been allocated to progress road works at the Utah Point Bulk Handling Facility in Port Hedland and an additional $20.6m for the Onslow Seawater Desalination Plant. The State Government is also upping the ante for regional police and security with more than $480m per annum for regional WA Police, including 123 police stations and around 1900 police officers and staff. $2.3m has been allocated for additional CCTV across the State to help combat antisocial behaviour including additional cameras in Karratha, Newman, Port Hedland, South Hedland, Roebourne and Wickham. $11.5m has also been put aside to expand the Safe at Home program that supports victim-survivors of family and domestic violence, including expanding the service to Karratha. Clean energy investments are on the table, with $1.6 million towards the Pilbara Energy Transition Plan. Pilbara sporting and recreation groups haven't been forgotten, with $22.5m towards the construction of a new aquatic facility in South Hedland, $100,000 for the Norwest Jockey Club for key infrastructure upgrades and $7.5m for the Newman Youth and Community Hub. 'We want the Pilbara to be a vibrant region in which to live, work and raise a family,' Ms Sanderson said. 'At the same time, we are investing in major infrastructure projects including common-user transmission infrastructure as part of the Pilbara Energy Transition Plan that will unlock the region's clean energy potential, help major proponents to decarbonise, and generate benefits for the entire Pilbara community.' For the full State Budget outline, visit:
