Mining

WA mining magnate Andrew Forrest now has another feather in his cap after making the cover of Time magazine.

JACKSON HEWETT: Our big miners are all feeling the heat as profits are slumping. So what’s next for Australia’s largest economic driver? 

The Albanese Government has laid out a $2.4 billion lifeline to keep the Whyalla steelworks afloat, following the South Australian Government calling in creditors on billionaire Sanjeev Gupta’s GFG group. 

Andrew Forrest’s Fortescue has hit another shipment record, pumping out 97.1 million tonnes in the first half of the financial year.

Chris Ellison urged MinRes shareholders to move on from his various misdeeds, flip-flopped on whether he’d stay on at the firm he founded, and contradicted a past statement he made about leadership succession.

Lithium price carnage and the adverse effect of a strong US dollar on its huge debt pile has dragged Chris Ellison’s Mineral Resources deep into the red.

Falling iron ore prices has cut the payout BHP shareholders will receive with earnings from its growing copper portfolio not enough to pick up the slack.

BHP has tapped former NAB chief executive Ross McEwan to be its new chair as Ken MacKenzie steps down from the role after eight years.

A cost-cutting crusade across Rio Tinto’s highly profitable WA iron ore empire rages on with the latest purge striking about 120 jobs.

Gold miners are basking in the glow of yet another record price high for the precious metal — even as it comes off levels that pushed it close to the $US3000-an-ounce mark.

Critical minerals companies that set up downstream processing and refining will get a tax break from mid-2027 after the Government won agreement from the Greens to pass the Budget centrepiece.

Activists who plotted to vandalise the City Beach home of Woodside boss Meg O’Neill have been told by a chief magistrate that their actions could be viewed as a ‘personal attack’.

Woodside Energy boss Meg O’Neill has warned Donald Trump’s red tape slashing, pro-oil and gas agenda will siphon more investment offshore unless Australia gets its house in order.

ASX-listed salt aspirant BCI Minerals has been cleared to start drawing down on a $981 million loan from the Federal Government and commercial banks to fund the build of the Mardie project in northern WA.

Resolute Mining boss Terry Holohan has called time on his tenure at the Africa-focused gold play after he was held captive for almost two weeks over a tax dispute.