Embattled miner Mineral Resources and its managing director Chris Ellison have vowed to vigorously defend a class action over an offshore tax scandal that is now the subject of a probe by the corporate watchdog.
Europe and Britain will have to foot the bill for rebuilding what remains of the besieged nation,while the US scoops up its chief means of economic recovery.
The court’s ruling on Wednesday exposes the federal government to compensation claims over land in the Northern Territory.
Donald Trump wants Ukraine to hand over $US500 billion of future income from its plentiful resources reserves – but what if those resources aren’t economically viable,and just a ploy from a “moderately successful comedian”?
Jakob Stausholm has contradicted White House claims that Australia didn’t honour a promise to limit aluminium shipments to the US.
The faltering mill was plunged into administration on Wednesday and state and federal governments have pledged billions of taxpayer dollars if a new buyer can be found.
Governments have promised a $2.4 billion taxpayer bailout,if a new buyer can be found for the beleaguered mill.
The largest Australian miner has slashed its interim dividend and also posted a weaker profit.
Demand for iron ore,which has long been the core of BHP’s earnings,may have peaked,but the miner’s copper production bodes well for the future.
The idea of a minerals-for-security deal is said to have come from Ukraine to appeal to Donald Trump’s business-first mindset.