Mineral Resources boss Chris Ellison says he ‘can’t stress enough’ how much he ‘hates’ what he’s done, after his dodgy dealings plunged the company he founded into chaos.
Adrian Rauso
Resolute Mining has confirmed three workers — including chief executive Terry Holohan — have been freed by the ruling military junta in Mali after the gold producer stumped up a massive tax demand.
Daniel Newell
For all the damage his personal dealings have inflicted on Mineral Resources’ shares, Chris Ellison still has his supporters. But you have to wonder just how much the board is still keeping up their sleeves.
Sean Smith
Under-fire founder and managing director of Mineral Resources Chris Ellison will only make a brief — but defiant — statement to Thursday’s annual general meeting.
There were plenty of rocks thrown at Chris Ellison during a tense meeting, but also no shortage of shareholders who rushed to the besieged managing director’s defence.
Its AGM also heard the group was tracking towards earnings of $300m before interest, tax, depreciation and amortisation for the 2025 financial year, up from $281m previously.
A group representing Australia’s $3.9 trillion super industry has recommended its members vote against the remuneration plan of scandal-hit Mineral Resources at its annual general meeting on Thursday.
Amy Bainbridge
Mineral Resources’ joint company secretary has quit her post to take up a new role as ‘specialist legal counsel’ that will report to the under-fire board’s ethic and governance committee.
BHP’s Australia chief says the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors.
Paul-Alain Hunt
The musical chairs at Fortescue’s green energy arm continues as Mark Hutchinson hands over responsibility for the company’s Formula One offshoot.
Resolute Mining says a first payment to settle a tax dispute has moved it closer to securing the release of its boss and two executives from the controlling junta in Mali.
Mineral Resources chief Chris Ellison has stepped down after 12 years from his post as New Zealand’s Consul in Western Australia.
Simone Grogan
Mineral Resources paid rent to entities associated with its managing director Chris Ellison amounting to about $32 million between 2007 to 2024.
Chris Ellison’s lieutenants at Mineral Resources have admitted the company failed to disclose a deal with companies linked to the billionaire’s daughter. READ THE DETAILS.
Neale Prior
Mali is understood to be demanding Perth-based Resolute Mining pay an eye-watering sum to resolve a tax dispute after the government detained the gold producer’s chief executive.
William Clowes and Katarina Hoije
MST Marquee energy analyst Saul Kavonic speculated that MinRes’ corporate governance crisis could see Santos’ long-running chief executive considered as a replacement for Chris Ellison.
Chevron’s Australian boss says the energy industry has taken a hit from a wave of tax and red tape changes — but has declared full support for a $30 billion plan to process Browse gas through Karratha.
Matt Mckenzie
The supermarket giant’s chair says the criticism ignores government reliance on the grocers to feed Australia during the pandemic.
LEADERS SURVEY: There’s never been a better time to lead Australia’s biggest gold producer. But Stuart Tonkin has learnt from the ground up it takes more than just surging prices to unite and drive a team.
The sacked boss of kids stationery juggernaut Smiggle could lose about $4 million in shares if investors in Solomon Lew’s Premier Investments vote in favour of a unanimous recommendation by the board.
Cheyanne Enciso
Perth-based gold miner Resolute Mining has confirmed that boss Terry Holohan and two employees were detained in Mali but maintain the allegations against them are ‘unsubstantiated’.
Dan Jervis-Bardy, Sean Smith and Dylan Caporn
Headhunters are sounding out Perth directors including Nev Power, Michael Chaney and John Van Der Wielen about taking the helm of Mineral Resources as pressure grows on the beleaguered company’s board.
Daniel Newell and Adrian Rauso
Top official says Chris Ellison’s voluntary disclosure laws would fail if confessions routinely referred to cops.
The Australian Securities and Investments Commission has launched a formal investigation into allegations related to Mineral Resources founder Chris Ellison’s tax dodge scheme.
