A shareholder class action against mining company Iluka Resources has received funding, the company said Thursday.
Young Chinese mining magnate Sha ‘Sally’ Zou has been ordered into mediation to try to resolve a Fair Work spat with the former general manager of her AusGold Mining Group, who claims Zou owes him over $1 million in wages.
A judge has denied a bid by corporate advisory firm Leadenhall Australia to have a peek at the books of mining company Cape Lambert Resources, in a dispute over a $4 million share placement that left Leadenhall with a diluted stake in the company.
The Australian Securities and Investments Commission has broadened its case against Rio Tinto and two former executives and is seeking extra penalties.
The former CEO of the lead contractor on the Snowy Hydro 2.0 project now facing corruption charges was the target of Australian Federal Police search warrants that were “too broad” to be sufficient, the Federal Court was told on Friday.
Mining company Iluka Resources has been hit with a shareholder class action alleging it breached its continuous disclosure obligations regarding its zircon sales.
Rio Tinto subsidiary Technological Resources Pty Ltd is appealing a decision by IP Australia to refuse a patent application for a method of separating mined material that was deemed a “purely logistical process”.
Calling on the competition chief to “have another look” at AGL’s decision to shutter its Liddell plant, Liberal MP Craig Kelly says the power company’s conduct makes for a clear case under the new misuse of market power provision of Australia’s competition law.
The Australian Patent Office has shot down a challenge by SNF to a BASF application for a mining patent.
A BHP subsidiary has won a reprieve pending appeal of a Fair Work Commission decision that found it acted unreasonably when it failed to consider alternative work for an incapacitated miner.