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Showing 31 - 40 of 154 results for "mining.com"

Rio Tinto decision exposes limits of super engagement

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
A controversial promotion at mining giant Rio Tinto has demonstrated how even the biggest of super funds hold very little sway when it comes to engaging with companies they invest in. Peter Toth, formerly chief executive of OM Holdings, was promoted ...

Super funds keep eye on Rio Tinto review

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
Some of Australia's largest superannuation funds are watching Rio Tinto's board-led review of its iron ore division's heritage management processes with keen interest, following the miner's decision to destroy thousands of years of culturally ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
Rio Tinto got a talking to from AustralianSuper in relation to it blowing up a 40,000 year old Aboriginal heritage site, but the fund won't be selling down its $1 billion dollar stake. AustralianSuper chief investment officer and deputy chief executive ...

Industry fund drops Rio Tinto amid sacred site outcry

HARRISON WORLEY, ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
Rio Tinto has been excluded from two portfolio options of a major industry superannuation fund following its destruction of 46,000 year old Indigenous heritage sites at Juukan Gorge last month. First State Super has dropped Rio Tinto from the diversified ...

Fortescue seeks to hide pricing

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
Fortescue Metals Group has launched legal action against S&P Global and UK-based Argus Media seeking to prevent the publishing of its iron ore prices. FMG asserts that its prices are "confidential" and has asked the UK High Court to disallow the publishing ...

All-tech index offers new opps in financial advice

MICHELLE BALTAZAR  |  FRIDAY, 21 FEB 2020
For investors keen to claim their stake in local tech companies early in the wave, financial advisers have a new solution. Today the Australian stock exchange launched a new technology index, the S&P/ASX All Tech index, which in its early days will ...

Credit Suisse backs sustainability amid Federer furore

ALLY SELBY  |  MONDAY, 13 JAN 2020
Investment bank and financial services powerhouse Credit Suisse has backed sustainability as the dominant investment theme of the coming decade, despite ongoing uproar around its investment in fossil fuels. The prediction comes as Australia's bushfire ...

Insider trading rife among company directors: ANU

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2019
Research conducted by the Australian National University suggests insider trading by company directors and associated trading on the Australian Security Exchange is "rife". The research examined trades made by company directors after positive and negative ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows. The Institute for ...

Norwegian pension fund drops WHSP

HARRISON WORLEY  |  FRIDAY, 18 JAN 2019
Norges Bank decided its Government Pension Fund Global should drop Washington H. Soul Pattinson from its investment universe. Norges Bank's Government Pension fund Global has axed Washington H. Soul Pattinson from its investment universe based on recommendations ...