Mining
Rio Tinto to take full control of controversial mine in Kakadu
The last chapter in one of Australia’s biggest environmental battles is set to play out.
- by Simon Johanson
Latest
‘Sugar hit’ coal royalties scaring investors away, BHP boss warns
Hefty coal royalties have propped up state government coffers since 2022. But BHP says the tax scheme will not benefit Queensland in the long term.
- by Savannah Meacham
Resolute Mining to fork out $247m to free boss, employees detained in Mali
Resolute Mining has inked an agreement to hand over the money to ensure the release of its chief executive and two staff being held by Mali’s military junta.
- by Jesinta Burton
MinRes defends decision not to disclose related-party dealings
Embattled miner Mineral Resources has conceded it should have disclosed the rent relief afforded to companies tied to the daughter of its billionaire founder.
- by Jesinta Burton
Aussie gold miner faces $250m demand from Mali as CEO detained
Mali is demanding Resolute Mining pay up to resolve a tax dispute after its government detained the gold miner’s chief executive, according to people familiar with the matter.
- by William Clowes and Katarina Höije
Updated
Resolute Mining
Gold miner confirms CEO held by Mali’s military junta, shares slide
Close to $500 million have been wiped off the books of Resolute Mining after it confirmed CEO Terry Holohan and two other employees were being held by Mali’s military junta.
- by Simon Johanson and Jesinta Burton
A single gold bar is worth $400K? The age-old investment that’s set to keep climbing
Demand for gold has reached record highs. Here’s why experts and miners think that will continue.
- by Benjamin Preiss
Exclusive
Perth
‘Watch and learn’: Rinehart lauds Trump policies as ‘lesson’ for Australia
Gina Rinehart has urged the nation to “watch and learn” from Donald Trump’s policy agenda in her crusade against government tape and taxes, even amid concerns about the impact on Australia’s economy.
- by Jesinta Burton
Updated
Governance
HESTA places MinRes on watchlist over governance failures, pace of Ellison’s exit
HESTA chief executive Debby Blakey said she had been disappointed by the company’s response and the pace of a succession plan that will see Ellison retain his role as managing director for up to 18 months.
- by Jesinta Burton
Updated
Perth
MinRes boss Chris Ellison to step down, fork out millions over tax scandal
The managing director will vacate his role and pay a multimillion-dollar penalty after a major probe concluded he had used company resources for personal gain.
- by Jesinta Burton
Crackdown on oil and gas giants delivers nation billions in extra tax
A long-term effort by the ATO to get more tax out of the oil and gas sectors has paid dividends that are likely to deliver billions of dollars in extra revenue.
- by Shane Wright
Original URL: https://www.watoday.com.au/topic/mining-5zq