ASX Announcements
Market Sensitive
FY25 Q1 Quarterly Activity Report
First Quarter Activities Report, Web Casts
- Oct 31, 2024
- 11 pages
Market Sensitive
$1.1 billion gas deal reached with Hancock
Asset Disposal, Progress Report
- Oct 31, 2024
- 9 pages
Market Sensitive
Update from the Board of MinRes on investigation process
Response to Media/Press Report/Speculation, Company Administration - Other
- Oct 28, 2024
- 2 pages
October
Gina Rinehart emerges as gas major as Hancock posts $5.6b profit
The country’s richest person’s private vehicle, Hancock Prospecting, boosted earnings as it shipped more iron ore from its big West Australian mines.
- Mark Wembridge, Angela Macdonald-Smith and Elouise Fowler
- Updated
- Mining
MinRes cuts hundreds of jobs and slows lithium mine construction
The disclosure of the job losses came at the same time as the company said it had sold gas assets to Gina Rinehart for $1.1 billion and closed an iron ore mine.
- Updated
- Elouise Fowler
WiseTech’s Richard White returns to the Dubai high life
Mineral Resources boss Chris Ellison isn’t the only billionaire riding out a scandal from overseas.
- Max Mason
Rinehart’s $1b MinRes deal; ‘Garbage’ row erupts; Coles’ big squeeze
Read everything that’s happened in the news so far today.
Hedge fund L1 buys up Mineral Resources during the scandal sell-off
The investor lifted its stake in the troubled miner to 6.5 per cent in the same week that fellow shareholder AustralianSuper sold down its position.
- Alex Gluyas
Aware Super watching for transparency in WiseTech review
Representatives of Aware Super, which owns about 1.18 per cent of WiseTech, had a “constructive” meeting with the board and chairman on Monday.
- Maxim Shanahan
MinRes aware of claims against its billionaire founder for two years
The diversified miner has been investigating claims against its managing director Chris Ellison. It made the disclosure after questions from the ASX this week.
- Elouise Fowler, Mark Wembridge and Alex Gluyas
- Opinion
- Chanticleer
$4b later: the MinRes board’s big mistake
The board of Mineral Resources knew about Chris Ellison’s tax scheme in June 2022. But despite launching an investigation, it told shareholders nothing.
- James Thomson
Trump fires up NYC; MinRes ‘inconsistencies’; Mosaic to enter admin
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
‘Inconsistencies’ in Ellison investigation will haunt MinRes board
A week after declaring their confidence in founder and chief executive Chris Ellison, directors of the mining giant are suddenly singing a very different tune.
- James Thomson
MinRes expands probe into alleged tax dodge to address ‘inconsistencies’
The West Australian mining company will on November 4 report on its inquiry into allegations that its billionaire founder Chris Ellison ran a tax evasion racket.
- Elouise Fowler and Hannah Wootton
- Exclusive
- Governance
Big super pushes boards on culture after WiseTech, MinRes dramas
Industry superannuation funds are ramping up their focus on the culture of the companies they invest in as scandals wipe billions off corporate valuations.
- Updated
- Fiona Buffini and Hannah Wootton
- Analysis
- Governance
Director goes from ‘troublemaker’ to whistleblower
It is hard for investors to work out if a director is any good, when the first rule of director club is don’t talk about the director club.
- Patrick Durkin
AustralianSuper sells down MinRes stake as board reels from scandal
The sale, disclosed after the market closed on Friday, takes the $340 billion industry fund below the substantial shareholder level.
- Hannah Wootton
2024’s most powerful and influential directors revealed
As AGM season gathers pace, the BOSS index of the country’s most powerful and influential directors reveals a new cohort rising through the ranks.
- Patrick Durkin
- Exclusive
- Mining
MinRes sold Chris Ellison farm equipment at steep discount
The company’s managing director and another director, Tim Roberts, bought the machinery for their New Zealand property at a bargain price, documents show.
- Mark Di Stefano and Neil Chenoweth
Chris Ellison, hubris? That’s for someone else
If the Dark Lord of Dunedin is a rotten Scrabble player, well, his chairman is all word salad.
- Mark Di Stefano
ASIC confirms probe into MinRes’ decade-long ‘tax dodge’
The regulator is taking a closer look at Mineral Resources after allegations chief executive Chris Ellison ran a scheme through the British Virgin Islands.
- Elouise Fowler and James Eyers
- Opinion
- Mining
MinRes scandal an acute credibility test for Justin Langer
The Chris Ellison-led miner has collected some big names – from the former cricketer to strategic adviser Julie Bishop. Are they merely celebrity figurines?
- Peter Ker
- Analysis
- Tax avoidance
When did the MinRes board learn of Chris Ellison’s offshore scandal?
Directors of the major mining group should answer two core questions: when did they find out about it, and why didn’t they tell shareholders?
- Neil Chenoweth
