A minerals exploration company spruiked by Warren Mundine has been shunned by investors.

A uranium exploration company that lavished Warren Mundine with hundreds of thousands in remuneration has suffered a fierce rebuke from its shareholders.

Warren Mundine has struck another mining bonanza — and is set to be paid $120,000 a year as chairman of a struggling minerals exploration company.

Fees paid to the directors of Singtel – the owner of Optus – have soared by more than 80 per cent in just one year.

It was the "Yes" side's referendum to lose – and they did so, spectacularly. In terms of messaging and engagement, this was "one of the worst own-goals in democratic election history", writes David Fedirchuk.

More than one-third of investors in a mining company rejected a plan to give Warren Mundine and other directors shares worth more than $2 million — but it was approved anyway.