by Gordon Barratt | Sep 21, 2022 | News
Diversified miner Rio Tinto will join global initiative, the First Movers Coalition, to help commercialise zero-carbon technologies by harnessing purchasing power and supply chains. More than 50 companies with a collective market value of about $8.5-trillion across...
by Gordon Barratt | Sep 21, 2022 | News
New Hope Corporation has delivered a net profit before tax of $1.401 billion for the year ended July 31, following an exceptional financial and operational performance across the company. Chief executive officer Rob Bishop said it was due to strong demand and...
by Gordon Barratt | Sep 21, 2022 | News
Fortescue Metals Group chief executive officer Andrew Forrest. The pledge is part of a $9.2 billion plan to hit net-zero emissions, and to eliminate fossil fuel use entirely and not rely on carbon offsets by the end of the decade. Fortescue said its...
by Gordon Barratt | Sep 20, 2022 | News
Iron-ore major Fortescue has announced a $6.2-billion investment by 2030 to eliminate fossil fuel use and achieve real zero terrestrial emissions across its iron-ore operations. The miner said in statement on Tuesday that the investment would eliminate Fortescue’s...
by Gordon Barratt | Sep 20, 2022 | News
Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering. Bullion prices will reach $1 806.10 an ounce by year end, according to the average estimate in a survey of 10 participants...
by Gordon Barratt | Sep 20, 2022 | News
AngloGold Ashanti has entered into a definitive agreement with Coeur Mining to acquire its Coeur Sterling subsidiary, which owns properties adjacent to AngloGold’s projects in the Beatty district of Nevada, in the US, for $150-million. The properties include Coeur’s...
