Fortescue Metals executive chairman Andrew Forrest shared a presentation showing the stark effects of climate change at the Boao Forum for Asia in Perth on August 30. The presentation detailed the effects of climate change and global warming on both an...
Zijin Mining Group, a leading Chinese copper and gold miner, has slowed acquisitions due to high project valuations and geopolitical tensions. The number and scale of deals completed by the company is fewer than previous years, although it’s still “actively looking...
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel. Dozens of insurers have announced...
IGO has released its 2023 financial year (FY23) report, where it achieved “a year of record financial performance”. IGO’s revenue for FY23 reached over $1 billion, and it generated a net profit after tax (NPAT) of $549 million and record underlying earnings before...
Just one day after 29Metals launched a fully underwritten entitlement offer to raise $151 million, the miner has completed the institutional component of the offer. Eligible existing institutional shareholders have subscribed for approximately 97 per cent of their...
Thiess Group has been awarded a $240 million nickel mining contract with PT Halmahera Sukses Mineral in Central Halmahera, Indonesia. The contract marks Thiess’ second successful venture in the Indonesian nickel market this year, after securing the largest nickel...
