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...
by Gordon Barratt | Sep 20, 2022 | News
Red dust caused by iron ore mining is synonymous with Western Australia’s Pilbara region, however evidence is growing that this form of particulate pollution is causing harm to the communities that call this remote location home. Recent failures in dust monitoring at...
by Gordon Barratt | Sep 20, 2022 | News
OZ Minerals’ Prominent Hill mine in South Australia. Media reports have indicated OZ Minerals is looking for $10 billion in any potential takeover. According to “people familiar with the matter”, OZ Minerals believes an offer of $30 per share would better...
