Australia's richest woman pledges $139 million to combat veteran homelessness
Gina Rinehart's A$200 million gift has bought six apartment blocks for homeless veterans, the largest private commitment of its kind in Australia.
Australia
Australian billionaire James Packer's AI bet in doubt after $30 billion IPO flop
James Packer backed Firmus Technologies when the AI data centre company was valued at $5.5 billion. After its proposed A$44 billion stock market debut collapsed, the company is looking to private investors for its next phase of growth.
Australian billionaire Nicola Forrest makes $360 million gift to her charity
Nicola Forrest, ex-wife of Fortescue founder Andrew Forrest, has given A$520 million in cash and shares to her Coaxial Foundation, one of Australia’s largest gifts.
South Africa's Gold Fields tries to buy Australia's biggest gold miner and gets turned down
Gold Fields approached Northern Star Resources about a takeover and was rebuffed, Bloomberg reported. The Australian miner is worth $22.1 billion.
Daughter of South African-born billionaire Kerr Neilson sells Sydney warehouse for $8.5 million
Beau Neilson, daughter of South African-born billionaire Kerr Neilson, has sold her Sydney warehouse for about $8.5 million, four times what she paid in 2012.
Australian billionaire Andrew Forrest's Fortescue targets 2030 start for African iron ore exports as Gabon orders mining contract audit
Fortescue says it will ship African iron ore by 2030 as Gabon launches an audit that could reshape major mining deals.
Inside Australian billionaire Andrew Forrest’s high-stakes African gamble: one win, many hurdles
In Gabon, Andrew Forrest shipped iron ore within a year. Elsewhere across Africa, his green dreams remain stuck in the waiting room.
Glencore, led by Gary Nagle, gets $395 million Australian backing for copper smelter
Glencore secures $395 million Australian support to keep Mount Isa copper smelter operational and boost critical mineral supply.
Anglo American, led by South Africa's Duncan Wanblad, to cut jobs in Australia’s Bowen Basin mines
The Isaac Regional Council, which covers the coal-rich Bowen Basin, said about 200 jobs will be affected.
Glencore, led by Gary Nagle, moves $30 billion asset base to Australia in restructure
The restructured entity now controls a portfolio worth over $65 billion, effectively doubling its asset base in Australia.
Swazi billionaire Natie Kirsh's iconic properties in the UK and Australia
Kirsh's empire spans four continents, with key assets including Tower 42 in London and significant real estate holdings in Australia.
Anglo American divests $1.1-billion acquisition of coal mine interests in Australia
Zashvin is strengthening its position in Queensland’s coal sector by acquiring Anglo American’s minority stake in the Jellinbah East and Lake Vermont steelmaking coal mines.
Sibanye-Stillwaters halts Australian unit operations in the wake of bushfire
Fortunately, all personnel were accounted for and unharmed as operational teams worked to mitigate the fire's impact on the site and surrounding areas.
Gail Kelly: South African-born exec and first female CEO of a major Australian bank
Gail Kelly’s career reached new heights when she was appointed the first female CEO of a major Australian bank, the revered St. George Bank, in 2002.
Led by South African exec July Ndlovu, Thungela Resources set to acquire mine in Australia
Ndlovu owns a minuscule yet lucrative 0.74-percent stake in Thungela Resources.