Yesterday
- Opinion
- Chanticleer
BHP’s nickel blunder a timely reminder for Australia
BHP wanted to profit from the EV boom by selling nickel to battery makers. It hasn’t worked, yet.
- Anthony Macdonald
- Updated
- Mining
BHP shuts down nickel business, arresting losses
BHP will suspend nickel mining after massive losses in a move that casts doubt over thousands of jobs in Western Australia and will inflame tensions with the Albanese government.
- Brad Thompson and Tom Rabe
Regal swoops on Queensland aluminium royalty, preps cash call
The Regal Resources Royalties Fund has agreed terms to acquire a 2.3 per cent uncapped royalty over Metro Mining’s Skardon River tenements.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
BHP enlists OZ Minerals copper veteran amid cost blowout fears
BHP’s mine manager has warned of cost and schedule challenges for a near $1 billion expansion project at the Prominent Hill copper mine.
- Brad Thompson
Forrest says he was kept in the dark about spying on ex-employees
Fortescue’s executive chairman Andrew Forrest is considering sacking the company’s external lawyers who presided over the surveillance of former employees.
- Brad Thompson
Critical minerals hotshot WA1 Resources launches $50m placement
The institutional placement was priced at $17 a share, representing a 9.8 per cent discount to WA1’s last traded price.
- Sarah Thompson, Kanika Sood and Emma Rapaport
China magnet maker nabs stake in Forrest-backed rare earths play
Chinese rare earths heavyweight JL Mag will get 9.8 per cent of Hastings Technology Metals in return for a $7 million investment.
- Brad Thompson
Gina Rinehart stages rich private fundraisers for Peter Dutton
It seemed obvious that the federal opposition leader’s grovelling at the feet of the country’s richest person would bear fruit. Now it has.
- Mark Di Stefano
- Overall Winner
- Sustainability Leaders
Orica crowned Australia’s most sustainable company for Impact
The explosives manufacturer is recognised for completing the biggest emissions abatement project in the Australian chemicals sector as it takes out the 2024 Sustainability Leaders award.
- Sally Patten
South Africa open to deals – it’s all in the approach
South Africa’s government will do deals, like the ones BHP would need to acquire Anglo American, but they need to be done discreetly.
- Anthony Macdonald
Copper boss in swipe at BHP after $393m Indonesian-led takeover bid
Indonesia’s billionaire Salim family has swooped on Australia’s biggest fully permitted copper project.
- Brad Thompson
Roaring Keith! Ex-mining minister buys booming coal stocks
Australian mining stocks are ripping, and former LNP federal resources minister Keith Pitt has added three mines to his investment properties.
- Mark Di Stefano
Palmer accuses CITIC of contract breach with 3000 jobs in balance
The Chinese conglomerate has dismissed Clive Palmer’s claims as absurd in the latest twist in a bitter legal battle over an $18 billion WA mine.
- Brad Thompson
Fortescue green dream sullied by spying revelation
Andrew Forrest is nowhere to be seen after the discovery that private investigators were hired by the company to spy on the families of former employees.
- Brad Thompson
BHP misses internal targets, docks incentives across global workforce
BHP’s top brass has cut employee incentives around the globe based on failures to hit internal performance targets.
- Brad Thompson
Zinc miner’s $30m deductions claim sinks in royalties stoush
Queensland Supreme Court rejects attempts to claim expenses for managing a transport vessel – before a management agreement started.
- Liam Walsh
- Opinion
- Chanticleer
New Hope makes it two convertibles in two days
It’s good to see the miners creative with their funding structures.
- Anthony Macdonald
Judge backs CITIC claim that 3000 jobs at risk in Clive Palmer dispute
A WA Supreme Court judge says the mine that represents China’s biggest investment on Australian soil could have to shut down within a few years.
- Brad Thompson
Chalice cops a beating on back of weak link to Mitsubishi
The miner’s share price plunged almost 20 per cent after the market was underwhelmed by the potential tie-up with the Japanese giant.
- Brad Thompson
Liontown’s future tied to Korean battery giant in $379m funding deal
Liontown boss Tony Ottaviano says the company’s flagship Kathleen Valley mine would be in production on-time and on-budget before the end of the month.
- Brad Thompson
