Paul Garvey from The Australian reported on the Fortescue Metals Group appointment of Elizabeth Gaines and the replacement for outgoing chief executive Nev Power. FMG also announced the appointment of Julie Shuttleworth, the general manager of Fortescue’s Solomon operations, to the new role of deputy chief executive Fortescue boasts female firsts in corporate shake-up. The story was picked up in a number of articles in the Australian Financial Review (AFR) in Gaines era begins at FMG with high-grade switch and Gender diversity the mother of Fortescue’s reinvention
The AFR reported Kirkland Lake eyes Australian growth. “The $4 billion Canadian miner behind the stunning revival of Victoria’s Fosterville gold mine believes it can become one of the biggest gold companies in Australia after its securities started trading on the ASX.”
In Fair Work Commission finds ALP powerbroker plays ‘unofficial role’ in HSU, the AFR’s David Marin-Guzman reported the Fair Work Commission found Health Workers Union secretary Diana Asmar directed her union to sack an official after he refused to back her husband, a Bill Shorten-ally, in Victoria’s Labor Party conference.
Asian Renewable Energy Hub’s $13b plan for Pilbara’s sun and wind to power South-East Asia was reported in The West Australian.
In Canavan demands clarity on Adani rail line from Palaszczuk The Australian’s Jamie Walker reported Federal Resources Minister Matt Canavan demanded Annastacia Palaszczuk clarify whether her vow to block a federal loan for the Adani mine extends to other projects in the vast new Galilee coal field, warning this would destroy investor confidence.
“Senator Canavan said veto of the $1 billion loan to Adani from the Northern Australia Infrastructure Facility, announced by the Premier during the Queensland election campaign, could stop the Indian company building a railway to the mine and jeopardise the $16.5bn project,” the article stated.