Lynas plant start sparks share rise
Glenda Kwek Lynas has started production at its controversial Malaysian plant, calling it a ‘‘significant milestone’’ for the company.
Rinehart partner Posco looks for Roy Hill investors
South Korean steelmaker Posco is looking for strategic investors in the $1.4 billion stake it has in Gina Rinehart's Roy Hill iron ore project.
Downer appointed as Rinehart director
Peter Ker and Ben Butler Former foreign minister Alexander Downer has joined Gina Rinehart's Roy Hill Holdings as an alternate director.
Loophole on mining royalties might go
Phillip Coorey THE federal government is considering revisiting the mining tax legislation to close the loophole that allows the states to gouge the tax's revenue by raising royalties - a move which would risk...
WA eyes royalty relief for iron ore miners
Western Australia may give producers of magnetite iron ore a concession on royalty rates in a bid to jumpstart projects, the Premier says.
Pressure builds for ICAC to suspend coal licences
Sean Nicholls, Kate McClymont THE state opposition has joined the Greens in calling for the suspension of coal licences issued by the former Labor minister Ian Macdonald that are being investigated by the Independent Commission...
Mining tax unsustainable, says Oakeshott
Phillip Coorey The federal independent MP Rob Oakeshott has declared the mining tax "unsustainable" and said unless the federal and state governments sort out the dispute over royalties, the tax must be brought...
Lynas sets start date for controversial plant
Glenda Kwek Lynas says it expects production at its Malaysian processing plant to start next month, but the board was still blasted by shareholders over the extensive delays.
Whitehaven hits all-time low amid staff cuts
Paddy Manning Whitehaven Coal shares touched record lows after it announced 10 redundancies and a scaleback of its Brisbane office as weak coal markets continue to bite.
Fortescue surprises with oil investment
Peter Ker The sums of money involved would scarcely buy 300 metres of railway in the Pilbara, yet Fortescue’s surprise expansion into shale oil and gas is still intriguing.
Oakajee delay just two to three years: Barnett
Western Australian Premier Colin Barnett expects the Oakajee iron ore port and rail project to be delayed by two to three years, and is confident the development will go forward.
BHP on the hunt for new chief: FT
BHP Billiton has quietly started hunting for a new chief executive in a process that could take one to two years, the Financial Times is reporting.
Arrium rejects sweetened bid from Asian suitors
Peter Ker Arrium shares briefly spike after the steelmaker rejects a $1.19 billion takeover offer from a consortium of Asian steel companies.
Whitehaven searching for a new boss
Paddy Manning Whitehaven Coal gave a cautious earnings outlook this morning and confirmed it's looking for a replacement for managing director Tony Haggarty.
Olympic Dam decision years away: BHP
BHP Billiton won’t be able to make an investment decision on the estimated $32 billion Olympic Dam mine expansion project in South Australia for years.
BHP Billiton sees rocky road ahead
BHP Billiton is bracing for continued volatility in European and Chinese markets as the global miner manages increased regulatory pressures.
Whitehaven key project clears hurdle
Paddy Manning Whitehaven Coal gets approval for its crucial Maules Creek project and will shut its Sunnyside mine, amid reports managing director Tony Haggarty will be replaced.
Tinker ups the ante on Whitehaven board
Whitehaven Coal's biggest shareholder, Nathan Tinkler, will vote against the election of five directors unless the company provides certain financial and operational information at its annual meeting...
Buyers snap up Rio Tinto's pink diamonds
Rio Tinto says it has attracted strong interest from Asian and European buyers at its annual pink diamond sale.
Shell in no rush over $20b Arrow LNG project
Shell is in no hurry to sign off on its Bowen Basin liquefied natural gas joint venture that’s projected to cost $20 billion as it focuses on cheaper East African projects.
