Mining

Mineral Resources managing director Chris Ellison chats with the media after his company's AGM.
Business
Daniel Newell

Proxy demands more accountability for MinRes directors

Powerful proxy adviser Glass Lewis is calling for long-time members of Mineral Resources’ board to be more accountable for founder and managing director Chris Ellison’s tax dodge scandal.

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Mineral Resources managing director Chris Ellison arrives at the company's Osborne Park headquarters.
Mining
Simone Grogan and Adrian Rauso

NZ mulls Ellison future as Kiwi diplomat amid MinRes crisis

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

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Chris Ellison burst onto the scene when he paid $57.5 million for a waterfront mansion in the exclusive Perth suburb of Mosman Park, eclipsing the previous Australian record by nearly $10m.
Business
Adrian Rauso

The rise and demise of Chris Ellison

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?

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Some shareholders will still question why CEO Chris Ellison has been allowed an “orderly transition” out of the company he founded.
analysis
Mining
Sean Smith

Why does Ellison have time to walk after this savage rebuke?

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.

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Mr Hutchinson joined Fortescue in July 2022 and is currently the boss of Fortescue’s green energy arm.
Mining
The Nightly

FMG energy chief exits board of religious group

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.

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

BEN HARVEY: Gina’s MinRes deal a threat to her rival Twiggy

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

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Gina Rinehart.
Business
Simone Grogan

Iron ore and Rossi Boots: Hancock in $5.57b profit

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.

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Mt Marion Lithium mine
Mining
Simone Grogan

FIFO workers bolt after MinRes shakes up rosters

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. 

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Environment Minister Tanya Plibersek faces an important call on whether to approve a new mining project in Orange, NSW.
Mining
Georgina Noack

Plibersek faces new test with huge gold mine extension

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.

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Mining billionaire Gina Rinehart’s Hancock Prospecting has agreed to a $1bn deal for WA oil and gas exploration ground.
Mining
Adrian Rauso

Rinehart strikes $1.13b deal for MinRes’ WA energy assets

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.

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BHP chair Ken MacKenzie.
updated
Business
Simone Grogan

BHP says elections, protectionism making world volatile

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.

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Shadow environment minister Jonno Duniam, left, warns Australia’s mining sector could face an ‘economic Armageddon’ thanks to an agreement Tanya Plibersek signed to phase out subsidies.
exclusive
Mining
Katina Curtis

Mining sector facing ‘economic Armageddon’ over subsidies

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

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Mineral Resources managing director Chris Ellison has come under fire for not disclosing revenue from co-owned offshore companies that bought and sold mining equipment for on-sale in Australia.
Mining
Daniel Newell

MinRes closes in on Ellison tax probe findings

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.

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Element Zero chief technical officer and co-founder Bart Kolodziejczyk at the business in Malaga
Mining
Neale Prior

Twiggy’s old mate takes Element raid blue to next level

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.

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Minerol Resources boss Chris Ellison.
Mining
Sean Smith

Ellison tax dodge fallout strips even more off MinRes stock

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.

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