The biggest fossil fuel subsidies are indirect, and bigger than ever
The IMF calculated that just over $7 trillion in subsidies went to fossil fuels last year.
Latest Stories
NexGen raises $110 million for Rook I uranium project
Rook I, a proposed new uranium mine and mill development, is the largest development-stage uranium project in Canada.
Coal miners forced to save for a rainy day by insurance snub
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.
Impala boss says speed of palladium and rhodium price falls was a surprise
Rhodium has dropped more than two thirds in 2023 so far, while palladium is down 31% this year.
Top investors seek damages from Glencore over prospectus claims
Almost 200 funds are seeking compensation for losses they allegedly suffered because of Glencore’s "untrue statements" and omissions.
US researchers bring ancient Egyptian goldbeating technique to modern nanomanufacturing
Goldbeating is an age-old craft pioneered by ancient Egyptian artisans more than five millennia ago.
Fortescue CFO leaves three days after CEO’s departure
Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.
Lithium revival a dead cat bounce as prices slump to 20-month low
Sales-weighted worldwide prices for lithium the lowest since December 2021 as weakness in China is exported elsewhere.
Franco-Nevada offers ‘financial lifeline’ to Red Pine Exploration
After Red Pine completes a feasibility study at Wawa, Franco-Nevada can opt to buy an additional 0.5% NSR royalty.
