R/€ = 16.21 Change: 0.08
R/$ = 14.31 Change: 0.09
Au 1237.97 $/oz Change: -0.10
Pt 784.38 $/oz Change: -8.15


BHP reaches $50m settlement in US lawsuit

By: Esmarie Iannucci     9th August 2018 Mining major BHP has reached a $50-million settlement on a class action filed in the US District Court in New York regarding the Samarco dam failure, in 2015. The settlement comes with no admission of liability from the miner, and was still subject to approval by the District Court. 

Iluka faces class action suit over 2012 disclosures

By: Esmarie Iannucci     24th April 2018 Mineral sands miner Iluka on Tuesday said that it would defend itself against a class action launched by shareholders. The company said that a number of shareholders have launched a class action in the Federal Court of Australia, claiming breaches of continuous disclosure obligations, as well... 

Group challenges approval of Santos’ Queensland CSG well expansion

By: Mariaan Webb     16th June 2016 A community group is taking on Federal Environment Minister Greg Hunt’s approval of 6 100 coal seam gas (CSG) wells in Queensland, a move which the industry has slammed as “delaying tactics”. The Western Downs Alliance on Thursday started legal proceedings to challenge oil and gas major Santos’... 

Asic takes Padbury Mining to court over Oakajee funding announcement

By: Mariaan Webb     24th June 2015 The Australian Securities and Investment Commission (Asic) has started civil penalty proceedings against Padbury Mining and two of its directors over a bungled $6-billion funding announcement for the Oakajee port and rail project, in Western Australia. The civil action in the Federal Court of... 

Gold Fields likely to appeal Aus court’s St Ives native title ruling

By: Leandi Kolver     7th July 2014 The Federal Court of Australia has found that the regrant of mining tenements held by Gold Fields subsidiary St Ives Gold Mining Company, in Western Australia, were not compliant with the correct processes in terms of the Native Title Act of 1993. Therefore, the regranted tenements were invalid... 

Gold Fields Australian subsidiary defends native title proceedings

By: Natasha Odendaal     27th January 2014 Gold Fields on Monday moved to “vigorously” defend claims that mining tenements held by its subsidiary, St Ives Gold Mining Company, in Western Australia, were invalid under the Native Title Act of 1993. The Ngadju People had instituted legal proceedings, to which the State of Western Australia... 

CoAL takes legal action against former FD

By: Natasha Odendaal     28th September 2012 JSE-, ASX- and Aim-listed Coal of Africa Limited (CoAL) has taken former financial director Blair Sergeant to court for an alleged breach of duty, CEO John Wallington said on Friday. The coal junior, which instituted the legal proceedings in the Federal Court of Australia, obtained an order to... 


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