Regis Resources CEO Jim Beyer increases his frustration over McPhillamy's rejection

Jim Beyer has dismissed comparisons between the failed McPhillamys project and Juukan Gorge, while saying his company Regis Resources will now take a more serious approach to offshore exploration for its next move. Mr Beyer said the company was “still shaken” by Environment Minister Tanya Plibersek's revocation of state and federal approvals for the development … Read more

Finance Minister Jim Chalmers warns: Falling iron ore prices could hurt the Australian economy

Falling iron ore prices and the weakening Chinese steel industry could cause three billion dollars in damage to the Australian economy, warns Finance Minister Jim Chalmers. With iron ore prices closing at USD 81.80/tonne on Thursday, the global commodity price is below the price forecast at the time of the budget announcement, according to the … Read more