No pot of gold at the end of this rainbow
The liquidator of Impact Gold says there appears to be no evidence held by the company indicating it had any tenure in PNG, or has any gold to show for its years of work.
Mining Energy
Night parrot forces Rio to alter plans for ‘copper whopper’ mine
Rio Tinto has adjusted its plans for Australia’s next big copper-gold mine after the shock discovery of one of the world’s rarest birds: the night parrot.
Dutton gas plan will drop prices: BlueScope
Australia’s largest steelmaker, BlueScope, has backed Peter Dutton’s election plan to bring down gas prices through a reservation scheme.
Uranium the trump card in US trade talks
Australia should use uranium as a bargaining chip in trade talks with the US aimed at lessening the effect of tariffs, says the Minerals Council.
Gupta fires back at private equity firm as InfraBuild sued
Under-siege industrialist Sanjeev Gupta’s InfraBuild has attacked in court private equity firm FitzWalter over its demand for an immediate $800m repayment from GFG Alliance.
Emergency gas deal struck to get states through winter
Queensland LNG producers may be forced to delay exports and power station producers could be called on to divert gas into the domestic market.
Native title holders wins right to see missing millions in mining royalties
The fate of millions of dollars worth of uranium royalties should soon be known, after a court ruling that the Adnyamthanha group get access to key financial documents.
Parking project on the shelf opens a can of worms
Plibersek’s decision to delay a call on the North West Shelf extension is undoubtedly a win for environmentalists and activists.
Woodside gas delay to fuel fight for west
The Coalition has promised to approve the gas project within 30 days and the Greens are demanding it be blocked.
Time to face reality and accept we need LNG imports, says Viva
Viva Energy, which has proposed a LNG import facility in Victoria has fired another salvo in an increasingly fierce debate about how to solve a looming eastern seaboard gas shortage.
Smelters, 1300 jobs on brink as Labor talks up Made in Australia
The future of ‘uneconomical’ smelters in Hobart and Port Pirie are under review by Nyrstar’s Singapore-based parent company, which says there are ‘no sacred cows’.
Mining spree: Qld ramps up approvals for new sites
The Queensland Government says it has approved 30 new resources leases since winning office in October as it vows to reduce regulatory bottlenecks in the sector.
BlueScope among a dozen Whyalla steelworks hopefuls
KordaMentha has had inbound contact from 10 to 12 ‘credible parties’ to potentially bid for the Whyalla steelworks, as a timeline for the sale is revealed.
Gold Road blasts South African suitor in $3.3bn takeover tussle
The takeover target has let fly at South African mining heavyweight after rejecting a $3.3bn all-cash offer.
Gold Fields makes $3.3bn bid for its mine partner
South Africa’s Gold Fields has revealed a takeover bid for Gold Road after running out of patience with its partner in a West Australian gold mine.
Santos seeks LNG supplies as contract expiry approaches
Santos’ LNG facility is seeking short-term gas supply deals due to the looming expiry of a contract with Australia Pacific LNG, which is part owned by Origin Energy.
Others will experience our pain: Garnaut’s Zen
Renewables player Zen Energy suffered a loss of more than $50m in 2024 after an aggressive expansion into renewables, conceding it was a challenging year.
How GFG gambled on spot market to power steelworks
Sanjeev Gupta’s GFG Alliance purchased electricity and gas for the Whyalla steelworks on the volatile spot market, rather than opt for contracts, in order to eke out financial wins.
A decade trapped in Mongolia: Aussie miner begs UN for help
Mo Munshi’s complaint to the UN spells out details of torture and cruel, inhuman or degrading treatment while in prison and the ongoing punishment of a travel ban.
How two iron ore heiresses sealed a $5bn mining windfall
Two Perth sisters quietly pulled off one of the biggest deals in Australian mining industry history and pocketed $5bn. Here’s the story of how it happened.
Eastern seaboard gas surplus to tighten this year: ACCC
Australia’s eastern seaboard may experience a narrowing of the gas surplus for the third quarter of 2025, an ACCC report is expected to say.
Minister ‘conning’ voters on Yallourn
Victoria faces pressure to extend the Yallourn coal plant amid pressures on the power grid.
Big Blue: Meet the CEO who’s thinking laterally
A small buyout of a Perth operator has big global implications for Cleanaway, a company better known for collecting household waste for councils.
Gas shortage pushed back as Albo powers down on prices
The projected gas shortfall for Australia’s eastern seaboard has been pushed back to 2029 thanks to producers increasing supply, the Australian Energy Market Operator says.
Gas crunch adds to Yallourn pressures
Plans to extend the life of the Yallourn coal power station in Victoria would allay a fresh warning over gas supplies amid concerns over reliability gaps in the power grid.
Follow Dutton’s lead on North West Shelf: industry to Labor
Business leaders want a bipartisan commitment to fast-track the expansion of the North West Shelf gas project and end six years of deliberations.
Mineral Resources shares tank on latest haul road hiccup
Less than a month after Mineral Resources boss Chris Ellison said issues with the haul road were ‘not a big deal’, a $200m milestone payment is at risk if it doesn’t hit its ore volume target by the middle of next year.
Dutton vows to fast-track North West Shelf decision
The Coalition would introduce a National Interest Test requiring greater consideration of a project’s economic and social benefits and limit the appeals process.
Gupta can’t hide financial secrets from Whyalla mess
OneSteel was never really a business under Sanjeev Gupta’s ownership. Steelmaking was just a by-product of the magnate’s financial engineering.
New Hope surges on buyback and teases more to come
Coal miner New Hope Corporation says it will buy back up to $100m of its own shares as they are trading below their true value, and has flagged the potential for more capital management.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/3