Mining magnate Chris Ellison has cashed out a $122 million chunk of his stake in Mineral Resources, diversifying into a new family office as his net worth hits $2 billion on the back of a share price surge.
This week's appointments include Shelley Robertson, Nev Power, Michelle Shepherd, Tanya Rybarczyk, Steve Chugg, Wade Bickley, Ben Stockdale, Reece Olney, Darren Killeen, Graeme Pettit, Milan Jerkovic, Natalie Madden and Rory McGoldrick.
Hancock Prospecting has referred an $850 million gas plant to regulators, outlining a Perth Basin gas vision beyond the assets it acquired from Mineral Resources in 2024.
Mineral Resources has raised output targets across Onslow Iron, its two lithium mines and its mining services arm, as its previously weather-hampered private haul road avoided cyclone damage.
A lawyer for Pilbara Ports claims Mineral Resources' refusal to pay port fees was ‘utterly without merit' as parties head to the state's highest court for the first day of their trial.
Forrestania Resources has engaged a contractor for work on reviving the long-dormant Lake Johnston processing plant to transition the nickel operation into a gold processing hub.
Mineral Resources has accused Destec of contempt over certain videos published on its website, bringing a long-running dispute back to the Supreme Court.
This week's appointments include Liz Westcott, Brandon Craig, Mark Cutifani, Dean Langenbach, Paul Everingham, Natalie Sangalli, Brandon McNee, Rob Cossart, and Ryan Lenegan.
Mineral Resources claims the Pilbara Ports Authority is acting for the improper purpose of reimbursing energy giant Chevron by imposing a new shipping levy.
Kali Metals is raising $7 million to advance exploration at its gold and lithium prospects, amid the clouds of an ongoing investigation into Mineral Resources' corporate governance issues.
Mineral Resources is mulling a potential restart of its mothballed Bald Hill lithium mine and has lifted its full-year spodumene volume guidance amid a rally in the battery metal's price.
Hancock Prospecting has submitted an $850 million plan to relocate facilities from the Lockyer gas field after acquiring the asset from Mineral Resources.
The state government will contribute almost $5 million to building the new multi-service facility, after Foodbank WA's previous Bunbury home was sold earlier this year.
The Bulls N' Bears ASX Runner of the Week is… Alvo Minerals, which ploughed the first-ever diamond hole into its Brazilian copper project only to pull out 13m of fat visual copper sulphides just 40 m from surface. 3D Energi struck a potential gas monster thanks to partner ConocoPhillips drilling offshore in Victoria. McLaren Minerals supersized its already huge ilmenite sands resource by 90 per cent and Zuleika Gold banked a handy $48 million litigation knockout from Catalyst Metals over its contested Plutonic gold ground.
Chris Ellison says his succession hasn't been accelerated by the media, as he reflects on an “incredibly tough year” defined by a series of corporate governance failures.
Besieged Mineral Resources founder Chris Ellison will outrun his departure date, remaining as managing director as the board refuses to “rush” the search for a new boss.
A company jointly owned by Mineral Resources and Destec has accused Chris Ellison of breaching his duties as a director, adding to an ongoing dispute over claims of stolen information.
Mineral Resources is carving out a 30 per cent stake in its lithium portfolio for $1.2 billion, selling it to South Korean steelmaker POSCO under a new joint venture structure.POSCO will acquire
Mineral Resources has shipped 8.6 million tonnes from its Onslow Iron operation and pocketed a $41 million payment from Hancock Prospecting under its Perth Basin oil and gas deal.
Mineral Resources will pocket the remaining $200 million from its sale of a 49 per cent stake in the trust for its troubled Onslow Iron haul road after notching a key shipping milestone.
Pure-play lithium pundit PLS has celebrated higher revenue and lower production costs at its flagship Pilgangoora mine, even as uncertainty clouds its downstream operations in South Korea.The Pe
Mineral Resources chair Malcolm Bundey has vowed “best-in-class” governance practices as he rebuilds the board after a bruising 12 months for the miner, as a sixth director prepares to depart.
This week's appointments include Michael Allan, Penny Fielding, Michael Veletta, Perenti leadership changes, new director appointments at Mineral Resources, and others.
Another director has resigned from Mineral Resources' diminished board, which chair Malcolm Bundey is rebuilding with two recruits ahead of Chris Ellison's planned exit.
The embattled resources major has named its next joint company secretary, advancing its governance reset after months of board upheaval, an ASIC probe and leadership uncertainty.
Stan Perron Charitable Foundation's commitment to Perth Children's Hospital's rare and undiagnosed disease centre is one of the largest philanthropic donations in Western Australia.
The mining sector paid more tax than all other sectors combined for a third consecutive year, led by iron ore heavyweights Rio Tinto and BHP with their multi-billion-dollar tax bills for 2023-24.
