WA Labor amassed a significant fundraising advantage this past financial year as unions, law firms and sitting members opened their wallets to fill the party's coffers.
China’s iron ore imports hit a record volume last year, helping to explain the surprising strength in the commodity’s price and underpinning higher profits for the big miners.Prelimi
After spending the past four months travelling the world on the old Fortescue Metals Group private jet, Andrew 'Twiggy' Forrest is now looking forward to the arrival of a brand new US$73 million aircraft.
Construction of 10, Arafura-class offshore patrol vessels has helped boost Civmec's $1.1 billion order book as record spending has flowed into the defence sector.
Fortescue Metals Group has officially opened its Eliwana iron ore mine in the Pilbara, in the same week the commodity's price reached a new high of $US146 per tonne.
Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.
Fortescue Metals Group says it had no choice but to withhold royalties to a Pilbara Indigenous group after traditional owners declined to sign land access deeds.
Fortescue Metals Group chairman Andrew Forrest has outlined an ambitious plan under which renewable energy will rank alongside the company's core mining business.
Fortescue Metals Group has posted a 5 per cent rise in first-quarter iron ore shipments, with demand in China for the steelmaking ingredient remaining robust.
Prominent Aboriginal mining executive Daniel Tucker has resigned from the company he founded after it scrapped a deal with Fortescue Metals Group in favour of working with Mineral Resources.
Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.
Resource Development Group has secured work at Fortescue Metals Group's Solomon Hub, while a contract with Chinese-owned Minjar Gold has been terminated.
The rush to gold by investors in the aftermath of the GFC was hardly unexpected.What may have surprised analysts at the time, however, was China’s embrace of iron ore, which ultimatel
Fortescue Metals Group has received environmental approval to increase iron ore exports through Port Hedland to 210 million tonnes per annum, with other miners hoping to follow.
Fortescue Metals Group and the Papua New Guinea government will undertake feasibility work for hydropower projects, with electricity exports and steel making potential uses.
Fortescue Metals Group has substantially increased its final dividend after posting a record annual profit, with company founder and chairman Andrew Forrest getting nearly $2 billion in dividends.
Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.
The state government has brought forward Western Australia's renewable hydrogen targets by a decade and made a $22 million investment to fuel the sector.