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Mining

This Month

Bougainville Revolutionary Army guerrillas stand guard above the Panguna mine in 1994. 

Rio’s abandoned copper mine ‘life-threatening’ to Bougainville locals

The Panguna copper mine in Bougainville continues to generate toxic waste and may spark landslides that could kill people and cause lasting ecological damage.

  • Elouise Fowler
A BHP pilot boat near the mining giant’s iron ore facilities at Port Hedland in the Pilbara.

The Pilbara plots its path from diesel to clean, green mining

Port Hedland is bang in the middle of the country’s industrial engine. There are ambitious plans to decarbonise with miles of transmission and new generation.

  • Angela Macdonald-Smith
Mineral Resources founder and managing director Chris Ellison at last month’s shareholder meeting.

MinRes asks for gag order on former executive to be lifted

The request, agreed to by the Federal Court, means the company’s board can obtain its own advice and regulators can access previously confidential documents.

  • Mark Di Stefano
Rio Tinto chief executive Jakob Stausholm.

Rio Tinto rules out unification, mulls ASX share issuance

Rio Tinto boss Jakob Stausholm says he wants to bolster the Australian side of the dual-company structure, not unify it with the British side.

  • Peter Ker
SGH’s Ryan Stokes has deleted the “Seven” from the group’s name, reflecting just how small its media business is relative to its mining, infrastructure and construction materials interests.

Ryan Stokes out-works, out-earns rivals to take SGH to new highs

The SGH chief, one of The Australian Financial Review Business People of the Year for 2024, is renowned as one of the hardest-working CEOs in Australian big business.

  • Anthony Macdonald
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Shaun Verner is the chief executive of Syrah Resources. Shares in the graphite producer have spiked since China threatened to clamp down on exports of the material.

China export ban a boon for local minerals producers

Officials in Beijing said they would immediately halt the sales of gallium, germanium, antimony, and other minerals to the US as a major trade war brews.

  • Elouise Fowler
Flotation cells inside the concentrator at the Oyu Tolgoi mine in Mongolia. The mine is central to Rio Tinto’s efforts to diversify away from iron ore.

Rio Tinto outlines 40pc surge in copper as it pivots from iron ore

The mining giant told investors Australian iron ore would provide just over half of its future earnings, down significantly from its current dominant role.

  • Peter Ker and Elouise Fowler
Peter Albert, CEO of copper miner 29Metals.

Under pressure miners 29Metals, Titan Minerals launch equity raisings

The two copper miners were in front of investors on Tuesday seeking fresh funds, as their share prices continue to fall.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The Super Pit in Kalgoorlie is a major gold mine and has made Northern Star the country’s biggest producer of the precious metal.

Gold shines as Northern Star lobs $5b De Grey takeover

Analysts say the $5 billion offer is an opening shot in a potential bidding war as global uncertainty pushes gold to record highs and swells producers’ coffers.

  • Mark Wembridge and Elouise Fowler

November

Andrew Ellison at the Resource Development Group AGM.

Andrew Ellison battles shareholders at AGM of MinRes subsidiary

Chris Ellison’s younger brother has been accused of mismanaging the flagship garnet mine of his company Resource Development Group.

  • Updated
  • Mark Wembridge
Northern Minerals mManaging Director Shane Hartwig, Chief Operating Officer Angelia Glover, Executive Director Bin Cai and Executive Chairman Adam Handley in June.

Northern Minerals narrowly fends off mystery board appointment

The miner has avoided a relatively unknown director being elected, just weeks after Treasury flagged it could put new shareholders under the microscope over suspected links to China.

  • Tom Rabe
Dr Katie Spearritt, chief executive of Diversity Partners.

Why the backlash from men is threatening gender targets

Mining behemoth Rio Tinto is not the only company to discover pockets of male employees who resent the push for greater diversity.

  • Sally Patten
The Pilbara Minerals lithium mine in Western Australia.

WA unveils $150m lithium rescue package

The West Australian government has unveiled a $150 million rescue package for the state’s struggling lithium sector.

  • Tom Rabe and Mark Wembridge
From left: Delta managing director James Croser, chairman Nader El Sayed, and non-executive director Josh Thurlow.

Embattled Ellison a no-show at MinRes-backed Delta AGM

Billionaire MinRes founder Chris Ellison avoided Delta Lithium’s shareholder meeting after quitting as chairman of the mining junior on Monday.

  • Mark Wembridge and Elouise Fowler
hiring

Trust is the key for this mining recruiter

Launched in the depths of the pandemic, recruitment firm Mergent has grown by 348 per cent to make the Fast Starters List.

  • Sian Powell
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Retention of staff with attractive benefits and competitive salaries is key to the success of HTS Constructions.

Why this FIFO construction firm ‘never loses a client’

Fostering long-term relationships with clients such as gold miner Newmont has helped this business more than double revenue to $80m in a year.

  • Larry Schlesinger

How a mother-in-law helped keep this ASX miner afloat

Nickel Industries revenues have topped $2.7 billion, but early on some family help was needed to finance this Fast 100 company.

  • Prashant Mehra
Pilbara Minerals’ Pilgangoora lithium project in Port Hedland, Western Australia.

Investors scold Pilbara Minerals over CEO pay, diversity

US pension funds rebuked Pilbara Minerals at its AGM on Tuesday, criticising board diversity and CEO Dale Henderson’s bonus.

  • Elouise Fowler
Private credit is gaining traction in places where Australia’s banks won’t compete. One is coal.

Private credit will lick its lips over Peabody’s $3.2b bridge loan

We’ve seen this movie elsewhere in Australian coal: a miner buys mines, and funds the deal with a short-term loan. Enter private credit.

  • Anthony Macdonald
Mineral Resources founder and managing director Chris Ellison at last week’s AGM.

Chris Ellison quits as Delta Lithium chairman ‘effective immediately’

The businessman said he was leaving the junior explorer to focus on Mineral Resources, where he intends to quit as managing director within 18 months.

  • Peter Ker