Business
Companies
News Corp begins staff purge as restructure takes shape
Rupert Murdoch’s Australian publishing empire has begun the painful task of shedding long-serving journalists amid falling revenues across the media industry.
- by Chip Le Grand, Stephen Brook and Colin Kruger
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Gold price triggers $4.46 million gross revenue for Auric
Auric Mining has generated $4.46 million in gross revenue from its first mining campaign of the year at its Jeffreys Find project in WA’s Goldfields region.
- by Michael Philipps
Opinion
Oil
Exxon’s battle against climate activism comes to a head tonight
The future of climate-related shareholder activism may be at stake when Exxon shareholders meet for the company’s annual general meeting overnight.
- by Stephen Bartholomeusz
Shareholders approve fire sale of Russian mines to tycoon with former links to sanctioned oligarchs
Tigers Realm will sell its operations $74 million after the Federal Court ruled last month the company was in breach of sanctions against Russian interests.
- by Sumeyya Ilanbey
Investors give Lendlease a tick for overhaul amid warning it ‘will not be easy’
Investors are positive about Lendlease’s restructure, but there will be short-term pain while the process is under way to achieve long-term gain, analysts warn.
- by Carolyn Cummins
Opinion
Workplace safety
A tawdry tale of how Nine became its own headline
Why is it taking so long for companies to understand that ensuring their workforces are safe from sexual predators is an occupational health and safety issue?
- by Elizabeth Knight
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Toubani grabs ex-Tietto boss to bolster African gold bid
After successfully setting up Tietto Minerals as a $750 million takeover target, experienced gold operator Matt Wilcox has been lured to Toubani Resources.
- by Craig Nolan
The northern beaches brothers who won from Woolies’ $590m bet on pets
Woolworths’ acquisition of a major stake in PETstock has yielded a third beneficiary, PetO, which has its own ambitions of being a major player in the pet store landscape.
- by Jessica Yun
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King River bumps up cash balance for NT copper-gold push
King River Resources has pocketed a timely tax rebate of $361,000 as it ramps up spending on drilling at its Tennant Creek copper-gold projects in the Top End.
- by Craig Nolan
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Lincoln review puts SA graphite in electric vehicle frame
Lincoln Minerals’ South Australian graphite has been confirmed as being suitable for use in the world’s lucrative electric vehicle battery markets.
- by Craig Nolan
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EV Resources eyes molybdenum by-product potential in Peru
EV Resources says the “exceptional” molybdenum grades recorded at its Parag project in Peru will make a significant contribution to the operation’s economics.
- by Michael Philipps