Yesterday
Tough talk, light sentences: The case of the lithium insider
Insider trading is a crime that shatters market confidence but remains “one of the hardest to prosecute.” New two-part podcast series out now.
This Month
Sanjeev Gupta’s largest creditor makes TV debut
NRW’s Jules Pemberton got a cameo on Home & Away, bought at auction in the days after selling almost $20 million in shares.
BHP faces first Pilbara strike in decades after electricians’ ballot
Electrical workers vote to down tools after unions say the miner refused to negotiate, escalating workplace tensions in Australia’s economic engine room.
Drill, baby, drill: It’s boom time for mineral and petroleum explorers
Pre-revenue exploration companies are holding a record $12 billion of cash as investors chase returns through the discovery of new mineral, oil and gas deposits.
Dual-listed giant Capstone Copper flirts with $600m-plus carve-out
Capstone has held talks with a small group of investment banks as its weighs whether to sell its Cozamin mine in Mexico.
McEwan braces for BHP exits as Brandon Craig takes helm
The chairman says losing high-calibre executives is a downside of strong succession planning following the appointment of the 53-year-old engineer.
Inside the secret Sydney retreat where BHP picked its next CEO
A dozen or so BHP directors and candidates gathered at a discreet location to select the mining giant’s next leader. A 53-year-old engineer prevailed.
Brandon Craig is the most powerful anonymous man in mining
He’s a BHP lifer described as humble yet effective. Now the 53-year-old has leapfrogged rivals to rise through the ranks and land the biggest job in resources.
BHP shift highlights Australia’s stumble in the race for investment
The appointment of new CEO Brandon Craig demonstrates the company’s strong focus on the Americas in a changing centre of gravity for the company’s interests.
BHP’s next CEO bets on Americas and keeping the company whole
BHP veteran Brandon Craig will succeed Mike Henry as the global miner’s chief executive in July, having been running its American minerals division.
BHP’s new CEO will shift the Big Australian’s centre of gravity
Brandon Craig is a miner’s miner and an ideal candidate to bridge the gap to the company’s copper-tinged future. But he faces a steep learning curve.
Coal miners eye price windfall as Indonesia plans export curbs
Prices for the most unfashionable energy commodity are at a 16-month-high, and Australian coal miners could be about to benefit from Indonesian export controls.
Stocks gossip site HotCopper deletes posts after ex-uranium boss sues
HotCopper has removed comments from contributors after former Boss Energy chief executive Duncan Craib took legal action in the WA Supreme Court.
Lynas Rare Earths inks supply and pricing deal with US government
The US will pay at least $US110 per kilogram for the WA miner’s rare earths, matching the global benchmark and backing its push to secure non-Chinese supply.
China eases ban on BHP iron ore as steel mills rush to buy
Some Chinese steel makers have been urgently transporting popular grades to their plants this week after the CMRG signalled a potential expansion of the blacklist.
Gold powerhouse Northern Star struggles to shed junior explorer past
Investors who followed the company’s Three Wise Men more than a decade ago will have made a killing. But huge expansion is creating serious growing pains.
Gold giant Northern Star crashes to earth after another guidance cut
The ASX’s biggest gold miner could be in danger of becoming a bargain takeover target after $13 billion was erased from its market value in a fortnight.
The Maloney family’s share trade timing is golden
A bit of luck can save you $34 million, it turns out. Even if it requires a quick about-face from an earlier pledge not to sell more shares.
Liontown boss says loss-making lithium miner is ready to roar
Tony Ottaviano says his company is through the hardest part of its 10-year journey to develop the Kathleen Valley lithium mine.
McGrathNicol axes 238 workers at Gupta’s failed Tahmoor Coal
Almost three-quarters of the workforce at the coal mine south of Sydney are being made redundant by the liquidator, appointed last Friday.
Lynas sets rare earths floor price in landmark Japan deal
Government efforts to loosen China’s grip over pricing have borne fruit after the WA miner was guaranteed $US110 a kilogram for its critical minerals.
Santos CEO Kevin Gallagher’s $1 million mistake
The Santos managing director pulled the trigger on $5 million in share sales the day before Iran was bombed.
Australia built its wealth on iron ore. Now China holds the cards
Pro-growth policies that strengthen economic resilience would help us weather global economic firestorms, such as the oil price-induced panic that engulfed markets.
FIFO camp operator expects coal price recovery to spur business
Civeo, which feeds and houses fly-in-fly-out miners, has been adding facilities in Queensland, banking on an upturn in activity in the coal industry.
