BHP-owned Oz Minerals has agreed to pay $9.3 million in fines after self-reporting employees bribed foreign officials to obtain mining rights in Cambodia.
The lobby group for big business has backed up its support for a Voice to Parliament by disclosing its members have substantially boosted their Indigenous employment and procurement.
ASX-listed mining software provider K2fly has unveiled revenue of $4m for the final quarter of the financial year – a 38 per cent rise from the same period last year and up 18 per cent on the previous quarter. Management says the strong results wrapped up a solid year of growth, which saw revenue grow 28 per cent compared to the previous 12 months.
In this podcast Mark Pownall and Mark Beyer discuss mining cost challenges at IGO, BHP and Northern Star, MinRes China pullout, cultural heritage, Comm Games, gold miners, fund managers, indigenous business, Cottesloe development and George Kailis.
K2fly has inked a five-year deal, projected to have a total contract value of $2 million, with the world-class Roy Hill iron ore operation in Western Australia's Pilbara region. The agreement marks the second of two contracts signed with major Pilbara operators for its “ground disturbance” solution in less than a month, having secured a three-year contract extension with BHP in June.
Toro Energy says high-confidence laboratory results confirming massive nickel sulphides at its Dimma discovery in Western Australia's Goldfields region are double the thickness previously modelled on x-ray fluorescence scoping data. Previously thought to be 2.4m thick, Toro says it now has 4.31m of massive and semi-massive nickel-sulphide grading 1.37 per cent nickel, 0.13 per cent copper and 0.539g/t tonne platinum and palladium from 332m.
Mining giant BHP has awarded an $8 million contract to car hire company Cedrent Enterprises, partly owned by the Yindjibarndi Aboriginal Corporation in the Pilbara.
Mincor Resources is seeking a waiver from major customer BHP after failing to meet terms under a purchasing agreement, with discussions likely to continue through to next week.
SRG Global has won $65 million worth of work after its Bugarrba Aboriginal joint venture secured a contract from BHP and it won two contracts in Queensland.
BHP boss Mike Henry says the federal government made the right choice to not provide a ‘sugar hit' subsidy towards critical minerals but has been less complimentary regarding industrial relations changes.
ESG software provider K2fly will continue to supply mining behemoth BHP with its “ground disturbance” solution for another three years after the “Big Australian” agreed to a contract extension. Management says the new deal will generate annual recurring revenue of $664,000 and has a total contract value of $1.99 million. The deal will cover the global miner's iron ore operations in Western Australia's Pilbara region.
Mining giant BHP has revealed nearly 30,000 current and former staff have lost leave and pay entitlements over the past 13 years in one of Australia's largest case of employee underpayment.
Geochemical sampling has confirmed massive nickel-sulphides at ASX-listed Toro Energy's Jumping Jack discovery, which is part of its wholly-owned Dusty nickel project in Western Australia's northern Goldfields. Toro's 10,000m drilling program has continued this year at Dusty, which now boasts four massive nickel-sulphides discoveries and sits just 50km east of BHP's world-class Mt Keith open-pit nickel operation.
Mining giant Rio Tinto has topped long-time market leader Fortescue Metals Group as the biggest supporter of Indigenous businesses in WA, data compiled by Business News shows.
Tony Burke says it's unbelievable mining giant BHP has already put a dollar figure on what same job, same pay laws would cost before the legislation is written.
Employment law changes proposed under the federal government's Same Job, Same Pay initiative would cost BHP's Australian operations as much as $1.3 billion per year, the company has revealed.
BHP has laid out plans to bring together the copper assets it bought from OZ Minerals with its existing mines to boost Australia's share of the global market.
The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.
Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.
Alinta Energy has appointed two contractors to build its $180 million solar battery project in Port Hedland while continuing to assess a big sell-down of its WA operations.
A short-term tourist development in South Hedland has cleared a planning hurdle and joins the list of projects aiming to provide more accommodation options in the Pilbara.
Senior journalist Matt Mckenzie and Jordan Murray discuss Philip Lowe's show of courage and Bill Johnston's openness to the possible sale of Gold Corporation.
BHP has delivered record iron ore production for a March quarter but will cut guidance for Nickel West, blaming bad weather and off-specification product from supplier Mincor Resources.
