NewsBite

Mark Wembridge

This Month

Mineral Resources’ facility at Mount Marion in Western Australia.

MinRes to inject $150m into struggling lithium mine

The debt-heavy miner will match its Chinese partner’s loan to keep its Mt Marion operations afloat during a downturn for the metal.

Fortescue’s hydrogen chief moves on in accelerating green energy pivot

The country’s third-largest iron ore producer has been shifting its priorities toward low emissions steel since announcing it would slow its push into hydrogen.

FIFO workers arrive home at Perth Airport after finishing their ‘swing’ at a mining site.

Lavish food and luxury? FIFO workers just want a good night’s sleep

That’s the finding of the most comprehensive study of workers in mining camps, which researchers hope will help resources giants keep staff happy.

Ex-journo admits moonlighting for gold minnow on market gossip site

Walkley Award-winner Ross Dunkley has been using an anonymous double act online to beat the drum for his employer, Auric Mining, on day-trading forum HotCopper.

Inside Perth’s booming broker scene (just don’t call them cowboys)

Making money in the mining capital differs from over east, with relationships forged on Rottnest Island’s white sand and deals discussed on crayfishing boats.

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May

MinRes is spending $230m to repair and resurface its damaged Onslow haul road.

Ellison shrugs off MinRes downgrade for haul road charm offensive

The embattled mining magnate personally showed shareholders around Mineral Resources’ $3b Onslow Iron project, shortly after cutting its production forecast.

New images from MinRes’ haul road in the Pilbara. The company is taking analysts to the site on Wednesday.

Footage reveals state of MinRes’ crucial road ahead of investor visit

Chris Ellison will front a tour of the project to reassure analysts and shareholders that repairs are working, despite another cut in production guidance.

Genesis Minerals’ founder Raleigh Finlayson says the Laverton Gold project is the “perfect bolt-on acquisition”.

WA gold rock star extends buying spree with $250m mine

Mining deal maker Raleigh Finlayson is consolidating his grip over the state’s gold-rich Leonora district as Genesis buys out Focus Minerals’ Laverton Gold Project.

Malcolm Bundey and Chris Ellison. Bundey will become MinRes’ new chairman on July 1.

Can MinRes’ cleanskin chairman tame the Chris Ellison show?

Malcolm Bundey will have one of the biggest governance mop-up jobs in years, with the heavily indebted miner facing investigation by the corporate regulator.

Rio board pushed CEO Jakob Stausholm to quit mining giant

Investors said the iron ore major should not look for a “big personality” as the company considered who would replace the businessman later this year.

Jakob Stausholm will step down as Rio Tinto chief executive after four years in the job.

Rio, Fortescue chief executives to exit in global mining sector shock

Jakob Stausholm said he would leave Rio Tinto at the end of the year, a resignation followed an hour later by Fortescue’s co-chief executive Mark Hutchinson.

Former resources minister Ian Macfarlane and mining billionaire Andrew Forrest.

‘His peers don’t like him either’: Ex-minister lashes Andrew Forrest

Ex-federal resources minister Ian Macfarlane offered a frank assessment of the Fortescue billionaire, who then responded by calling him an “old fossil fuel guy”.

Ivanhoe Atlantic president and chief executive Bronwyn Barnes at the Mining Summit at the Ritz Carlton in Perth on Wednesday.

Ivanhoe lobbies US to add iron ore to critical minerals list

The company’s chief executive, Bronwyn Barnes, says the highest-quality ore should be secure because of its uses in manufacturing military hardware.

Andrew Forrest at the Financial Review Mining Summit on Wednesday.

Forrest, Rio spar on future of Pilbara iron ore in green steel era

The Fortescue chairman said the world’s biggest iron ore importer was looking at Brazil and Africa, and local mining giants were “going down”.

Malcolm Bundey will become the new chair of Mineral Resources on July 1. Supplied by MinRes.

MinRes’ new chair to pocket $8.34m if he turns miner around

Mineral Resources board has lured Malcolm Bundey, a packaging sector veteran, to become its chair with a bumper package of share options.

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Paul Criddle has quit as Capricorn Metals CEO with immediate effect,

Capricorn Metals boss quits after aggravated assault charge dropped

Paul Criddle steps down from the gold miner despite a WA court dismissing a charge against him.

GrainCorp said weather conditions in QLD and NSW was a positive sign for the 2025-26 season.

GrainCorp upgrades forecast as sun shines on 2025 harvest

Australia’s biggest agribusiness is primed for a bumper grain harvest following ideal growing conditions in Queensland and northern NSW.

Cobar in NSW is among the historic mining areas where new processes have discovered critical minerals.

Critical minerals bonanza could be hidden in the waste from old mines

A high-tech re-examination of tailings from NSW mines could play a role in the global drive to loosen Beijing’s stranglehold on critical minerals.

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South32 poaches Anglo American executive to replace Kerr as CEO

The diversified miner has tapped copper expert Matthew Daley to replace inaugural boss Graham Kerr after more than a decade at the helm.

HESTA boss Debby Blakey has criticised the board of MinRes for failing to address corporate governance concerns.

Super giant dumps MinRes stake as board changes loom

HESTA has sold its remaining holding after it criticised the Chris Ellison-led miner for its lack of action on improving its corporate governance.

Original URL: https://www.afr.com/by/mark-wembridge-p537py