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Adrian Wood will become finance chief, succeeding Pant, who becomes the latest overlooked chief executive candidate to exit the mining giant.
Andrew and Nicola could be forgiven for thinking this stuff is no one else’s business, but unfortunately, it is other peoples’ business. Big business.
Of the known bidders, only private capital juggernaut Blackstone and New York-listed Ares Management are seeking to acquire the entire portfolio,
Dravus helps streamline critical but overlooked processes in our most consequential industries.
Members have refused to put in more money, the CEO has exited without replacement and no one is sure if Low Emissions Technology Australia will survive.
The diversified miner says the accusations from a former employee were “sweeping allegations” that did not “appear to be grounded in any evidence”.
Another audio show has been birthed into the world, but this one has the financial support of the Minerals Council of Australia.
Andrew Forrest has tasked Dino Otranto with delivering – by 2030 – the first total decarbonisation in global mining. This is how it’s going.
A new scandium mine approval in NSW means more than $3b of critical minerals projects have gone ahead in Australia this year, and the tally could yet top $4b.
Australia’s richest person also saw annual profit at her private mining company Hancock Prospecting slip to its lowest level since 2019.
The world’s biggest miner is opposed to a push by rival Fortescue for the government to drop a diesel rebate, saying it will not accelerate decarbonisation.
Nicholas Mather’s gerrymander of ASX listed company share registers demands a regulatory response. It’s unclear whether we will get one.
Having delivered a 19.4 per cent annual compound return over four decades, the outgoing chairman reveals the simple formula behind the numbers.
In a forthright AGM address, the Fortescue founder labelled Donald Trump a “fruitcake” and called on Australia to push for green energy independence.
A judge has rejected the big miners’ attempts to strike out sexual harassment claims that form the basis of a giant class action of female employees.
Dodgy explorers scammed $C6 billion out of investors by claiming to have found the world’s biggest gold deposit. But they couldn’t fool Roger Townend.
ASIC will forcibly sell close to 25pc of shares in DGR Global after finding director Nicholas Mather secretly controlled more of the company than he disclosed
The colourful Perth businessman is pitched against Florida Democrat Alan Grayson in a battle for control of Citigold and its mothballed Charters Towers mine.
Turaco’s shares have fallen 18.5 per cent over the past month but are trading 52 per cent higher than a year ago.
Apollo and Ares are expected to be among the most competitive of the seven known bidders hoping to buy Rio Tinto’s power plants and lines in Pilbara and Canada.
The miner’s Kangwinan project expansion will extend output beyond 2050, adding 20 million tonnes of annual production to underpin its Weipa operations.
Suresh Vadnagra declined to name a number that would bring the gold miner to the negotiating table, but did not rule out considering new offers or asset sales.
If the miner’s finances get much tighter, it might have to cancel those multibillion-dollar orders for Chinese solar panels and battery-powered trucks.
The iron ore miner’s stockpiles are growing amid Beijing’s hardball tactics. It may be forced to cut production if an agreement cannot be reached.
The $36 billion miner produced 20 per cent less bullion at a higher cost per ounce in the September quarter, but still beat analysts’ expectations.
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