Telfer mine owner Greatland Resources generated an $862 million post-tax net profit from its first full year of mining, covering the entire cost of its 2024 deal for the asset.
Author: admin_fijitimes
The Attorney General’s Office has applied for both the President and the Attorney General to join as parties, in the matter where Prime Minister Sitiveni Rabuka is appealing the decision of the High Court, which found that the removal of Barbara Malimali as FICAC Commissioner by the President on the advice of the Prime Minister was unlawful. The President has now joined as a respondent in the proceedings. Court of Appeal Judge Justice Chandana Prematilaka, called on the AG’s Office Counsel, Grace Henao, to be more careful when filing summons, as they intend to include the AG in this matter.…
A seaweed product developed by ocean-tech firm Fremantle Seaweed has won approval for use as a feed supplement by Australia’s beef cattle industry.
A green iron pilot plant under development in Western Australia would use Perdaman’s hydrogen technology under a preliminary deal announced on Thursday.
More than $1 billion was spent on exploration by locally listed miners seeking to deploy their healthy cash balances into project development and growth, BDO finds.
A decision to drop prices on thousands of goods in the wake of household cost of living pressures helped the owner of Bunnings, Kmart and Priceline achieve another multi-billion dollar earnings
Wall Street’s main indices have closed slightly lower after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia’s earnings later in the day.
The Suva Magistrates Court has sentenced former Fijian Holdings Limited Chief Executive Officer Mohammed Fareed to eight months and 22 days in prison after finding him guilty of two counts of indecent assault arising from separate incidents. Seven months of the sentence have been suspended for three years, while the 36 days Fareed spent in remand have been taken into account. Delivering the sentence, Chief Magistrate Josaia Waqaivolavola said Fareed’s conduct was unacceptable, despite him being a first-time offender. The case dates back to 2019, when Fareed was accused of indecently assaulting a female subordinate on separate occasions. The matter…
Mineral Resources will pay its first dividend in two years after recording its strongest ever result off the back of a resurgent lithium market and a growing iron ore operation.
Fiji Under-19 men’s head coach Marika Rodu is confident the final 23-member squad named for the upcoming OFC U-19 Men’s Championship in Samoa has what it takes to compete against the region’s best. After an extensive talent identification process across Fiji and overseas, Rodu said the selected players had earned their place through hard work, commitment and a genuine desire to represent the country. “I’m convinced with the boys that we’ve worked with through the trial process,” Rodu said. “We feel that the players we have selected are satisfactory and they should be able to do the job in Samoa.”…