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It takes a special kind of wealth to lose more than $7 billion in a year and still top a list of the nation's richest people.
A mining giant has refused to hire local workers for its two new Central Queensland coal mines, a union claims.
Shares in mineral sands miner Iluka Resources rose after managing director David Robb gave shareholders an upbeat address at the company's annual general meeting in Perth this morning.
Nathan Tinkler and his wife and family's assets could be frozen after liquidators applied for a court injunction.

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Is the widely tipped shift by Woodside and its joint venture partners to offshore floating liquefied natural gas (FLNG) technology to extract the Browse gas a better option than the now abandoned Kimberley LNG hub?
 

other news

article thumbnailEnvironmentalists on Qld oil spills

More oil spills will occur in western Queensland if the State Government dilut ... 


article thumbnailLilleyman to leave Rio iron ore

Greg Lilleyman is quitting his role in charge of Rio Tinto's Pilbara iron ore  ... 


article thumbnailCourt ruling puts Tas mine on hold

Work on a controversial mine in Tasmania's Tarkine region remains in limbo fol ... 


article thumbnailPalmer softens on Sino Iron

Clive Palmer has softened his stance on threats to kick CITIC Pacific off the  ... 


article thumbnailBoart hit by mining downturn

Drilling services company Boart Longyear says its earnings will fall in 2013 b ... 


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