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Former Quantum Resources CEO and director Avrohom Kimelman has been sentenced after being convicted on charges of insider trading and conspiring to manipulate the market in shares of the company, now known as Nova Minerals.
Hong Kong-based conglomerate CITIC has successfully struck out large portions of an amended defence by Mineralogy and its owner Clive Palmer in a dispute over the $5.8 billion Sino Iron project in Cape Preston, with a judge finding the changes would create "wholly disproportionate and unnecessary" steps just two months out from trial.
The Morrison government decision's to enter into a contract with a subsidiary of Empire Energy for gas exploration in the Beetaloo Basin was an effort to "stymie" climate change litigation brought against the federal resources minister, a court has heard.
Australia’s largest onshore oil producer, Beach Energy, is facing a second shareholder class action investigation into whether it misled the market with its projected earnings from oil reserves on the Western Flank in South Australia.
A judge overseeing a class action against the Australian arm of Thai state owned oil giant PTT has rejected attempts to limit the claimed damages from one of Australia's largest oil spills, saying the disaster was "widespread" across Indonesian islands in the Timor Sea.
The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.
Former NSW Labor Minister Ian Macdonald has been sentenced to at least five years in prison, and Eddie Obeid and his son Moses will go to jail for a non parole period of three years for their conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids' land in the Bylong Valley.
Engineering services firm CIMIC Group has launched proceedings against ten insurers seeking indemnity for costs arising from allegations the company engaged in corrupt practices, including bribing government officials in Iraq.
Approving coal mine projects is not the business of courts, the Morrison government has argued in its challenge to a landmark class action judgment that found it had a duty of care to protect Australian children from the effects of climate change.
Mining magnate Clive Palmer and two of his mining firms have lost a High Court challenge seeking to overturn a Western Australian law which prevented him from suing the state government for $30 billion over mining tenements in the Pilbara.