Todd buries past with Flinders Mines rename

Iron ore mining in the Western Australian outback Pilbara region. (Image: Getty)

Thu, 06 Jul 2023

Todd Corp’s long-stalled Western Australia iron ore mining project is getting a makeover as it works towards the first shipments of iron ore to market in 2025.At an extraordinary meeting in Perth on July 28, shareholders of the company known as Flinders Mines since it first listed on the Australian securities exchange (ASX) in February 2002 – as a would-be diamond miner – will be asked to change the company’s name to Red Hawk Mining.The vote is a fait accompli, given that 80.2% of the company’s register is owned ei...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

The Quiz Free

QuiznessDesk, Tuesday, April 29

Take a break and try our quiz.

The Quizmaster 9:15am

Infrastructure

Second Auckland airport runway pushed out to 2038

The new draft master plan will be finalised by year-end.

Pattrick Smellie 9:07am

Second Auckland airport runway pushed out to 2038

Economy

Govt slashes Budget 2025 operating allowance

Budget 2025 operating allowance is now $1.3 billion.

Rebecca Howard 8:00am

Govt slashes Budget 2025 operating allowance

Sponsored

“Not an invisible footprint”: Why technology supply chains need optimising

Outdated hardware is a supply chain and cost risk.

Datacom

Sponsored

Bayleys Total Property Issue 3 out now

Backed by Bayleys’ national strength and global reach

Bayleys

More Markets

Infrastructure

Second Auckland airport runway pushed out to 2038

The new draft master plan will be finalised by year-end.

Pattrick Smellie 9:07am

Finance

Kernel adds shares and ETFs, but no day trading

Kernel Wealth's test share buyers have been piling into Nvidia, Apple and Google.

Rebecca Stevenson 5:00am

Markets Market Close

NZ sharemarket up as Trump eases tariff stance

Investors heaved a sigh of relief as NZ shares responded to Trump's change of heart.

Tom Raynel 28 Apr 2025

Markets

All is not necessarily lost for Pacific Edge – Forsyth Barr

Pacific Edge shares fell 26% to 8.4 cents on Monday, but “all is not necessarily lost”, said Forsyth Barr analysts.A local coverage determination in the United States means the company will no longer receive reimbursement for its Cxbladder tests from Medicare. Centres for Medicar...

Staff reporters 28 Apr 2025

Todd buries past with Flinders Mines rename

More Markets

Your company has a subscription

Team