Mining

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.

It’s understood six people were injured.

Heavy rainfall brought by Cyclone Sean has flooded a crucial piece of Rio Tinto infrastructure that could be out of action for up to a month, impacting the mining giant’s output for the quarter.

BHP has reportedly sacked dozens of contractors amid an investigation into allegations of corruption. 

Fortescue has stuck to full-year targets after cranking out record half-year shipments from the Pilbara and finding some momentum at the long-troubled Iron Bridge operation.

Santos has deferred plans for a $3 billion-plus oil and gas project in WA.

Copper has emerged as BHP’s hero commodity for the first half of the year, lifting production by 10 per cent while iron ore tonnes stayed relatively subdued amid weaker demand. 

The mining world will be altered drastically if whispers of a tie up between Rio Tinto and Glencore are true.