Mining

The New Zealand government has confirmed it is reviewing damning misconduct findings about the mining billionaire.

It was 2009 and the Australian house price record had just been shattered. Yet, most were left wondering, how could a recently retired Federal Senator afford such an opulent palace?

Mineral Resources’ board has gone the semi-nuclear option — and some shareholders will still question why CEO Chris Ellison should be retained after the company’s public condemnation of his behaviour.

Fortescue’s green energy boss Mark Hutchinson has reportedly stepped down as director of a religious organisation weeks after concerns were raised about its stance on same-sex marriage.

The rivalry between Gina Rinehart and Andrew Forrest has been laid bare after a $1b MinRes deal.

Steady iron ore volumes have delivered Gina Rinehart’s Hancock Prospecting another bumper profit, as the billionaire furthers her foray into energy and makes new investments in Australian fashion.

Mineral Resources’ chief financial officer says a rollout of new FIFO swings requiring employees to choose between more time on site or leaving the business has led to high turnover. 

Environment Minister Tanya Plibersek faces an important call on whether to approve a new mining project, after the owner of Australia’s largest underground mine and gold operation applied to extend its site.

Mineral Resources’ ailing balance sheet will get a huge boost after Gina Rinehart agreed to pay potentially more than $1 billion for its WA energy interests.

BHP’s long-serving chair has told an annual meeting the mining giant can weather the woes of inflation, a slowing Chinese economy and erratic commodity prices — but turning steel green will be a tough task.

The Opposition warns the resources sector may face ‘economic Armageddon’ due to an international biodiversity agreement by Labor.

The company’s share prices has plunged more than 25 per cent in the past week since founder and managing director Chris Ellison issued an apology over tax avoidance.

Michael Masterman and his Element Zero team will fight a judge’s decision to not kill Fortescue search and seizure orders despite her findings of material non-disclosure.

Stockbroker RBC Capital Markets said Monday’s sell-off was exaggerated but warned there may not be a meaningful recovery until the outcome of a board investigation is known.

Shares in Mineral Resources plummeted after its founder and boss Chris Ellison admitted to a ‘serious lapse of judgment’ over his offshore tax affairs.