Articles
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1 week ago |
afr.com | Mark Wembridge |Mark Di Stefano
Two Mineral Resources board members who also sat on the corporate governance committee set up to investigate the conduct of the miner’s billionaire founder have dramatically quit the company. Susie Corlett and Jacqueline McGill have been critical of Chris Ellison, MinRes’ outgoing managing director, and are leaving the board.
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1 week ago |
afr.com | Mark Wembridge
Evolution Mining has posted a bumper windfall from gold’s bull run, with the astronomical price of bullion allowing the miner to sell its bars for triple their production cost. The ASX-listed company, which operates six mines across Australia and Canada, said its cost to extract gold is roughly $1600 per ounce, while it has sold bullion at more than $5100. Loading...
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1 week ago |
afr.com | Mark Wembridge
Apr 14, 2025 – 4.57pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Bellevue Gold has been targeted by several unsolicited takeover approaches and appointed a team to review future bids, the struggling miner said, after tapping shareholders for $156 million following another production downgrade.
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1 week ago |
afr.com | Mark Wembridge
Apr 14, 2025 – 11.33am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Northern Star Resources’ $5 billion buyout of its smaller rival De Grey Mining is all but over the line after the West Australian gold producer’s largest shareholder agreed to support the acquisition.
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1 week ago |
afr.com | Elouise Fowler |Mark Wembridge
Rio Tinto and Mitsui have launched a $75 million bid for billionaire prospector Mark Creasy’s Pilbara iron ore deposits, cementing their partnership in the resource-rich region following the Japanese group’s $8.4 billion stake in Rio’s Rhodes Ridge project. The all-cash offer for CZR’s Robe Mesa project, which has been accepted by the miner’s board, trumps an earlier bid by Fenix Resources, an iron ore junior headed by former rugby international John Welborn. Loading...
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Joey Lynch
Sports Journalist at Freelance
Australia Correspondent at ESPN
Joey Lynch primarily covers news in various locations across Australia, including Melbourne, Victoria, and surrounding areas.
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Lithium miners have endured a torrid run of late. The outlook is even worse for downstream processing. In the @FinancialReview today, @ElouiseFowler and I look at how Australia's downstream dream is turning into a nightmare. https://t.co/kmCgntdv3x
Another week, another @FinancialReview story with @MarkDiStef about @MRLMinRes. A leaked report into the miner's $3 billion Onslow Iron Ore project is quite the eye-opener. https://t.co/sdsGojLjaY https://t.co/PJoPCilWBX
For our long read on unionisation in the Pilbara, @rabe9 and I interviewed a former WA premier, ministers and shadow ministers, unions, mining companies, lobby groups, and a bunch of FIFO workers drinking beers at a "skimpy" bar near Perth airport. https://t.co/GsoePdDaME