Mineralogy commences court proceedings against WA for unconscionable conduct

Mineralogy has commenced proceedings in the Federal Court of Australia against the State of Western Australia for unconscionable conduct, it was revealed today. Mr Palmer stated in Brisbane that Mineralogy’s claim was currently being amended to reflect the additional damages the company had suffered and would be served in the State within 21 days. “The … Read more

Citic speaks with forked tongue

Media release: Mineralogy’s high grade iron ore was the reason the Chinese government-owned Citic Limited was able to post huge profit increases amidst a global market downturn, Clive Palmer said today. “Citic Limited just announced a 50% profit increase on the back of an 88% profit increase the year before,’’ Mr Palmer said. “This is … Read more

ASIC COVER UP

The summons brought against Clive Palmer by ASIC was part of ASIC’S ongoing attempts to cover up its failures in not acting against the Australian banks involved in ripping off ordinary Australians, Mr Palmer stated in Brisbane today.  “All Australians know that it was ASIC that failed to carry out its functions that allowed the … Read more