Mining

Mineral Resources managing director Chris Ellison.

Ellison to reap $17m as MinRes swings to a huge profit

Mineral Resources has swung from a $896 million loss to a $1.2 billion net profit and reinstated dividends.

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Fortescue is also facing a class action lawsuit centred on sexual harassment at the company’s Pilbara iron ore mines.

Fortescue stands down exec embroiled in harassment probe

Fortescue has suspended an executive at the centre of a sexual harassment investigation, days after defending its decision not to do so.

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Outgoing Northern Star CEO Stuart Tonkin

Gold mining boss’ whopping severance pay revealed

Departing Northern Star Resources chief executive Stuart Tonkin will receive a whopping golden handshake when he finishes up next Friday.

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BHP’s Olympic Dam copper mine in South Australia.

BHP ready for copper boom as red metal proves king

BHP made a bumper profit from record copper prices and its new chief executive has claimed victory over the unions which infiltrated its iron ore empire in WA.

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Joe Hockey says Jim Chalmers’ May Budget was ‘the worst in history’.

CGT changes ‘stupid’ and will hurt AI investment: Hockey

Joe Hockey is on board with secret plans for a Pilbara iron ore cartel to combat China’s intensifying market squeeze and believes Jim Chalmers should have more veto powers over critical minerals deals.

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The Iron Bridge magnetite project has been plagued with issues even before it started production.

Fortescue flags $1.1b writedown over troubled Iron Bridge

Andrew Forrest’s Fortescue is bracing for a more than $700 million blow to its books after re-evaluating the value of its troubled Iron Bridge magnetite project in the Pilbara.

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A MinRes truck on the upgraded Onslow Iron haul road.

MinRes breaks records and grows a pile of cash

Chris Ellison’s Mineral Resources has closed out a resurgent financial year with a quarterly record at its all-important Onslow Iron operation.

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Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

The final investment decision by the WA conglomerate and Chile’s SQM will double annual production of lithium concentrate from the Mt Holland mine, near Southern Cross, to 760,000 tonnes from 2030.

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The North West Shelf gas plant at Karratha.

Woodside blasts ‘distorted narrative’ in landmark court case

Conservationists argue Federal authorities had ‘apprehended bias’ favouring the energy giant when a decades-long extension of the North West Shelf gas project was approved.

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Wesfarmers Chemicals, Energy and Fertilisers managing director Aaron Hood at CSBP Kwinana.

Wesfarmers division about to reap spoils from big investment

One of Wesfarmers’ oldest support acts is readying to pull the trigger on a $600 million-plus lithium mine expansion as it begins to harvest higher profits from a years-long development blitz.

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Peter Botten has been appointed new chairperson.
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The Worsley Alumina operations south of Perth.

Huge South32, Alcoa deal ‘makes sense for both parties’

US giant Alcoa’s acquisition of South32’s aluminium assets, marking the Perth-based miner’s exit from WA operations, ‘is strategically coherent for both parties’, a global research and consultancy group says.

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Jessica Farrell was name vice-president innovation after the world’s biggest miner closed down its Nickel West business in late 2024.

America calling for BHP’s ex-nickel boss Jessica Farrell

Jessica Farrell, the former boss of BHP’s now shuttered WA nickel assets, has been handed the keys to The Big Australian’s North American assets.

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Fresh action against mining billionaire Andrew “Twiggy” Forrest’s company Fortescue was filed by Brisbane-based law firm JGA Saddler on Thursday and have been backed by an international litigation funder Aristata Capital.

Andrew Forrest’s FMG hit with sexual harassment class action

Thousands of women could be eligible to join a new Fortescue class action into sexual harassment and sexism in the resources sector following a similar legal battle against giants BHP and Rio Tinto.

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Chris Ellison

MinRes picks its favourite to succeed Chris Ellison

Mineral Resources has hinted who its successor to managing director Chris Ellison will be but is refusing to lock in a handover date.

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More than 300,000 migrants arrived in Australia last year, but the annual intake was the slowest in more than three years despite being well above the pre-COVID average.

The States driving immigration numbers past pre-COVID levels

More than 300,000 migrants flooded into Australia last year but the figure was the lowest annual pace since June 2022.

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A spokesperson for Hancock Iron Ore said the decision followed a routine operational review.

Rinehart’s Hancock Iron Ore axes jobs across Pilbara

Mining billionaire Gina Rinehart’s Hancock Iron Ore has started cutting hundreds of jobs across its Pilbara empire in a move the company claims will add another decade of life to ageing mines.

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The militant AMWU and ETU have voted to down tools at Australia’s most lucrative iron ore port.

Militant unions force strikes in our economic engine room

One of the nation’s biggest unions has voted to down tools at Australia’s most lucrative iron ore port after a months-long stalemate with BHP over a new enterprise bargaining agreement.

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