McKinsey pegs the price tag of a livable climate at $9.2 trillion a year
That’s at least $3.5 trillion more a year than the world is currently laying out for both low-carbon and fossil-fuel infrastructure.
Latest Stories
Soldiers seize power in Burkina Faso, drawing international ire
Australian and Canadian miners are among the companies currently running gold operations in the African country.
UK local govt pension scheme “dismayed” at lack of action over Brazil dam collapses
Vale said last week it expected to spend $1.64 billion in 2022 on reparations related to the Brumadinho dam burst.
Moody’s cuts Kyrgyzstan’s rating after gold mine nationalisation
Rating agency said decision to nationalise the Kumtor mine indicated weak governance and investment climate deterioration.
Barrick Gold mines in Tanzania reach Tier One status
The mines, in Barrick's hands since late 2019, delivered a combined output of over 500,000 ounces of gold last year.
BHP, university researchers to explore four-dimensional controls on nickel mineral systems
BHP has partnered with three universities whose research is expected to challenge the current understanding of the nickel mineral system.
Galantas Gold secures $1m loan to finish Irish mine
The fresh funds will be used for moving the Omagh gold project in Northern Ireland into production and for working capital, the company said.
Australian miner plunges most since 2014 after Burkina Faso coup
Shares in shares West African Resources fell 17%, the biggest drop since November 2014, in Sydney on Tuesday.
Chart: How metals prices performed in 2021
Looking back on what gave investors strong returns in 2021, it was the year of industrial and energy metals.