Mining
Directorship cloud over failed mining group involving financier Simon Raftery
An administrator’s report on the group that ran the Wilkie Creek coal mine details the possible involvement of shadow directors in the company’s operation.
- by Anne Hyland
Latest
Jobs, costs cut at MinRes’ luxury HQ as Chris Ellison takes the biscuit
There will no pay rises for senior employees this year and fewer perks for office workers ahead of a massive reduction in the miner’s remote workforce.
- by Peter Milne
Fortescue in-house lawyer issued spying orders, court documents reveal
Fortescue’s founder Andrew Forrest last month said he had no knowledge of the extensive spying conducted on ex-staff and their families, including children.
- by Anne Hyland
Rio Tinto bets on bigger role for copper in green energy shift
The iron ore giant has flagged it is open to potentially large-scale takeover plays in copper to increase exposure on metals vital to driving the shift to green energy.
- by Nick Toscano
An expensive future made in Australia: Warnings on $23 billion plan
Governments around the world, including Australia, are using taxpayers’ money to support emerging industries. Now there are warnings these programs may achieve little.
- by Shane Wright
Lithium boss says prices for Australia’s ‘white gold’ may have bottomed
Australia’s largest independent lithium miner is preparing to boost output of the electric battery metal, even as prices languish around three-year lows.
- by Nick Toscano
The rocks that create ‘dark oxygen’ 4000 metres under the sea
A discovery in the deep sea has challenged scientific consensus of how life on Earth began.
- by Angus Dalton
A $180m deal was meant to rebuild Simon’s fortunes. Six months on, he struggled to scrape together $1m
Wilkie Creek coal mine was meant to revive the fortunes of Simon Raftery’s private credit firm. Instead, he lost colleagues, his house and became entangled in multiple court battles.
- by Anne Hyland
Exclusive
Rio Tinto
Mining groups lobbied PM to weaken environment reforms, documents show
Mining giants including Hancock Prospecting and Rio Tinto lobbied the Albanese government to weaken national environmental reforms, new documents show.
- by Bianca Hall and Mike Foley
Lawyer claims Brazil dam disaster evidence will expose BHP safety failures
A “blockbuster” trial due to start in October will expose evidence of deliberate decisions made by BHP up to board level to prioritise profit over safety, a lawyer says.
- by Simon Johanson
Rio ready to pull trigger on mega iron mine in sensitive rainforest
The mining giant is a step closer to digging up 1.5 billion tonnes of iron ore over the next 26 years in Guinea’s Simandou mountains, a sensitive habitat for endangered chimpanzees.
- by Simon Johanson