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Mining

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Australian gold giant Northern Star buys rival in $5 billion deal

Australian gold giant Northern Star buys rival in $5 billion deal

Northern Star’s acquisition of De Grey Mining will make Northern Star the country’s biggest ASX-listed gold producer.

  • by Simon Johanson

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Expansion of coal will come at a cost. A new report says it won’t be mining that pays

Expansion of coal will come at a cost. A new report says it won’t be mining that pays

The NSW Net Zero Commission has warned the state is not on track to meet legislated emission reduction targets and that any expansion of coal mining will force other industries to make deeper cuts.

  • by Caitlin Fitzsimmons
Miners rejoice as Albanese shelves environment watchdog

Miners rejoice as Albanese shelves environment watchdog

The resources sector wants the reform to be abandoned altogether rather than returned to the agenda in February.

  • by Mike Foley
The iron-clad reason this investor thinks Perth house prices will fall in 2025

The iron-clad reason this investor thinks Perth house prices will fall in 2025

If iron ore prices suddenly plunge, then the WA economy and its housing market could turn on a dime with little warning, according to some experts.

  • by Sarah Brookes
MinRes boss Chris Ellison, board brace to face shareholder fury after tax scandal
Analysis
Perth

MinRes boss Chris Ellison, board brace to face shareholder fury after tax scandal

He gained a reputation as the proudly uninhibited billionaire mining boss behind Mineral Resources’ meteoric rise, but it was what Chris Ellison kept hidden that led to his downfall.

  • by Jesinta Burton
Rio Tinto to take full control of controversial mine in Kakadu

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
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‘Sugar hit’ coal royalties scaring investors away, BHP boss warns

‘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 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

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

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
Gold miner confirms CEO held by Mali’s military junta, shares slide

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