Just how much money will the government’s revised mining tax end up raising from the big players, ask Glenn Dyer and Bernard Keane?
BHP
Mayne: Nasser, Murdoch sycophancy and the BHP-Billiton AGM
The BHP-Billiton AGM is the biggest event during the AGM season and only Telstra competes when it comes to serving up the lengthiest and craziest fare.
BHP’s social responsibility stance … a PR stunt, or what?
When the head of a major transnational corporation announces an epiphany on corporate social responsibility it is appropriate to be sceptical, writes freelancer David Ritter.
Argus and Crawford rail against basic accountability
One of the biggest problems with Australia’s corporate governance over the past few decades has been the way a clubby network of powerful Melbourne-based directors have worked against the basic principle of accountability for poor performance.
BHP and the new maths of nuclear reactors
BHP is charging ahead with its Olympic Dam project despite the worldwide pause on nuclear power caused by Fukushima.
Gottliebsen: an Olympic victory for BHP
Olympic Dam is the world’s most valuable mineral deposit and will go close to being the world’s biggest start-up mining development, writes Robert Gottliebsen, of Business Spectator.
Crikey Says: Crikey says: Saudi Australia a reality
For anyone concerned that the Australian resources boom may be upended by a slowdown in demand from China over coming years, remember just two words: Olympic Dam.
Australia’s affluenza built on a house of sand
Australia’s economic miracle and recent bout of affluenza is built on a house of sand. Local debt and what appears to be an unsustainable boom in its biggest customer.
The mining stoush: it ain’t over yet
The deal Julia Gillard cut last year with the big three mining companies - BHP, Rio Tinto and Xstrata - is reportedly under threat of unraveling, with the PM and the three companies embroiled in a dispute about whether refund royalties should apply retrospectively.
Scientists warn of Gulf of Mexico “slime highway”
Alarming claims from scientists on a research vessel in the Gulf of Mexico have raised concerns that oil from the Deepwater Horizon spill may have sunk to the seafloor, in turn creating a “slime highway” consisting of a long and thick layer of oil.
Morning Market Report: Morning Market Report
The market is up 15. The SFE Futures were up 50 this morning.
Forget the ETS, world first Climate Advocacy Fund has miners in its sights
Australian Ethical Investments executive director James Thier says the new world first Climate Advocacy Fund will initially focus on companies in the mining sector, writes Crikey intern Ben Hagemann
Uncle Sam’s slippery oil subsidies
The petroleum industry is fighting a proposed new tax to pay for the cleanup of BP’s Gulf of Mexico oil spill, even though oil production is among the best subsidised businesses in America, says David Kocieniewski.
RSPT debate: Wayne Swan’s day of reckoning
My ALP contacts tell me that Treasury has had no experience in mining projects put together by the states and they genuinely had no idea of the impact of the RSPT, writes Robert Gottliebsen.
Milne: Gloves off, this is a dirty campaign
The attacks on Peter Dutton and his BHP shares show what a grubby election campaign this is going to be, writes Glenn Milne, as he fights fire with fire and delves into Wayne Swan’s share portfolio.
Political snippets: What the backbenchers will tell us
Australia’s mining giants BHP-Billiton and Rio Tinto along with Brazil’s Vale are not the only oligopolists in the international iron ore business. Plus, third parties shouldn’t get too confident and other political snippets.
BHP reveals possible corruption, but we need more disclosure
The world’s biggest mining company has joined its smaller rival, Rio Tinto, in being implicated in possible corrupt activities. BHP needs to disclose further information about the investigations immediately.
Corruption at BHP?
BHP Billiton is being investigated for possible corruption involving government officials by the US Securities and Exchange Commission. The alleged corruption relates “primarily to certain terminated minerals exploration projects”.
Business As Usual: Business As Usual: Poor little rich Foxtel, carping over BHP
Poor little rich Foxtel … Carping over BHP … moaning over CBA … China trade snowed under … The China effect on Oz … Grey Days for the Grey Lady.
Business As Usual: Here we go again, BHP the bank?
It’s smiles all around at the RBA, the CBA’s earnings are up 54%, Standard & Poor has warned it may cut the credit of Citigroup and Bank of America, China continues to be the world’s biggest car market, and more business briefs.
Why did BHP and Rio Tinto scrap the WA iron ore joint venture?
Why did BHP Billiton and Rio Tinto scrap their plans to jointly market iron ore from the joint venture between their huge iron ore mines in the Pilbara region? Did negotiations with Chinese mills affect it?
Tips and rumours: Tips and rumours: Fuel spill at at BHP’s Pyrenees oil field
An unknown quantity of fuel has been spilt within a stone’s throw of WA’s Ningaloo marine park, Alex Hawke’s secret Young Libs tapes, Randwick Labor rolls the dice, and more tip-offs from insiders and informants.
