Today
Energy Resources of Australia seeks upwards of $210m in equity raise
ERA’s shares were halted ahead of market open on Monday.
- 5 mins ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chris Ellison’s daughter earns millions for MinRes shipping work
Mineral Resources requires ship owners carrying the group’s iron ore exports to use a shipping agent owned by the daughter of the chief executive, says Ownership Matters.
- Neil Chenoweth
Yesterday
Pay rise guarantees sought by unions aiming to retake the Pilbara
A union wish list outlined to BHP iron ore bosses includes guaranteed annual pay rises that keep up with inflation, a say in rosters and pay equity across all sites.
- Brad Thompson
- Analysis
- Mining
Iron ore miners’ pressure points in focus as commodity price wobbles
Mineral Resources’ flagship iron ore mine made a profit of about $US8 a tonne of red dirt sold into the spot market on Friday.
- Elouise Fowler
MinRes insto briefing sparked ASIC probe
A packed briefing given to Morgan Stanley clients in July 2018 sparked a 7.6 per cent bump in Mineral Resources’ share price – and an ASIC investigation.
- Updated
- Myriam Robin
‘The eagle has landed’: how the world’s second-largest diamond was found
The 2492-carat gem could be worth more than what Lucara paid for De Beers’ share of the mine where the discovery was made.
- Harry Dempsey
- Opinion
- Chanticleer
The number that should scare all Australians
You couldn’t blame Australia’s large cap fund managers for booking a post-reporting season trip to China to see the steel situation for themselves.
- Anthony Macdonald
This Month
Native title stoush stands in the way of BHP’s SA copper dream
SA Supreme Court will next week hear a battle for control of the native title group that holds the key to BHP’s dream of expanding its Australian copper mines.
- Peter Ker
SQM warns of price barrier beyond lithium JV with Rinehart
Lithium heavyweight SQM says new projects are not viable at today’s prices just months after joining a major WA acquisition and the start of production at the Mt Holland mine.
- Peter Ker and Brad Thompson
Meet the man fighting for our miners
Minerals Council CEO Stephen Galilee is in a unique position of running a major lobby group as a long-time former Liberal Party staffer in a Labor state.
- Kylar Loussikian
Element Zero co-founder recalls smooth flight with Fortescue top brass
Michael Masterman says executives from the mining giant raised no concerns about his green iron technology when they spent hours together on a private plane.
- Brad Thompson
Newmont non-core asset sales pegged for end-year; Macquarie on board
MacCap’s resources bankers are back on the tools, and soft soundings are under way.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Gold
Plibersek’s mine block alarms whole industry
Regis Resources is cancelling its proposed gold project in NSW after the federal environment minister vetoed its site for a tailings dam.
- Jennifer Hewett
WA gold miner lashes Labor’s project vetoes
Northern Star boss Stuart Tonkin says investment is at risk without a stable policy and approvals landscape.
- Brad Thompson
Japan’s ‘urgent’ $1.6b coal deal driven by Qld royalty storm
The Japanese steel mill that bought 20 per cent of Whitehaven’s Blackwater coal mine says it was motivated by a fear higher royalties would curb supply.
- Updated
- Peter Ker
Regis in $192m writedown after Plibersek call sinks gold mine
Regis Resources slashes value of NSW mining project and withdraws ore reserve in fallout from Environment Minister Tanya Plibersek’s intervention.
- Brad Thompson
Iluka to halt rare earths refinery unless Labor caves in on funding
Iluka Resources says it won’t finish building a strategically important rare earths refinery unless the Albanese government comes up with more funding,
- Brad Thompson
This stock is a barometer of Donald Trump’s election chances
A rollercoaster presidential campaign in the United States has taken shares in one copper explorer for a wild ride.
- Peter Ker
Fortescue counsel backs 22-day spying mission on Element Zero
Private investigator reports were detailed but justified in seeking search and seizure orders, said Fortescue’s lawyer.
- Brad Thompson
Jabiluka uranium owner warns of Christmas cash crunch
ERA has fully impaired the controversial Jabiluka deposit and will need to raise billions of dollars to complete rehabilitation of uranium mines near Kakadu.
- Peter Ker