Page 22 - Peter Oconnor News Today

By Reuters Staff 3 Min Read MELBOURNE (Reuters) - Australia’s Fortescue Metals Group Ltd said on Tuesday Chief Operating Officer Greg Lilleyman and two other executives have resigned as part of a review of its Iron Bridge Magnetite project in Western Australia. The $2.6 billion high-grade ore project, which is key to Fortescue’s growth strategy, was on track to start exports in the first half of 2022, it said last month, after the Australian newspaper reported the project faced a cost blowo...

Fortescue (ASX:FMG) share price hit by a $3 billion cultural problem Mitchell Lawler | February 16, 2021 7:59pm | More on: Fortescue Metals Group The Fortescue share price nosedived following the announcement of several resignations in the company’s leadership team, leaving Fortescue shares down 3% at the closing bell. Losing sight of values and culture The details are sparse at the moment, with little being divulged to the market ahead of the company’s half-year results expected on Thurs...

Fresh Meadows: After the second acquittal of Donald Trump, a lot of Democrats feel disappointed and disillusioned. I have a different perspective.

If there was one quality former Longboat Key Town Commissioner Peter OConnor exemplified, it was preparation, colleagues said.  Whether it was an issue related to beach erosion or something to do with the towns organizing documents, OConnor was always ready to make his case, said former Commissioner and Mayor Joan Webster. “He studied everything before we had meetings, and he was an expert on the town charter,” she said. “He always defined his comments with how the charter was saying w...

By Reuters Staff 4 Min Read MELBOURNE (Reuters) - Rio Tinto chairman Simon Thompson is set to face further pressure over the board’s handling of the destruction of sacred rock shelters in Australia after an Indigenous group accused him of breaking a personal promise, analysts said. FILE PHOTO: A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray The traditional owners of the rock shelters said Thompson ...

By Reuters Staff (Adds South 32 comment) MELBOURNE Feb 5 (Reuters) - An Australian planning body on Friday blocked global miner South32 Ltd’s planned coal mine extension in New South Wales state, citing concerns over its potential irreversible impact to Sydney’s water resources. The decision by the New South Wales Independent Planning Commission halts South32’s plans to extend the life of its underground Dendrobium metallurgical coal mine to 2048. In its ruling, the commission found “th...

Rio Tinto board could face pressure on Indigenous broken promise claim FILE PHOTO: FILE PHOTO: A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia MELBOURNE (Reuters) – Rio Tinto chairman Simon Thompson is set to face further pressure over the board’s handling of the destruction of sacred rock shelters in Australia after an Indigenous group accused him of breaking a personal promise, analysts said. The traditional owners of the rock she...

Chairman Andrew Forrest let the cat out of the bag on the miner’s profits, forcing the company into an update that has raised hopes of a whopper full-year dividend if iron ore prices stay high.

Rio Tinto’s biggest profit in nine years could be just the start, with the miner signalling it could capitalise on stratospheric iron ore prices by shipping record volumes of the steelmaking commodity this year. Australia’s biggest iron ore miner is on track to post a full year underlying profit of close to $US12 billion next ...

Valhalla, N.Y.: There are plenty of people and institutions to be held to account for the horrible, un-American, unpatriotic, deplorable acts that we witnessed in the Capitol.