Rio Tinto reaches agreement with two Turquoise Hill shareholders over $3.3bn bid
Rio has agreed to increase the dissent condition under the agreement from 12.5% to 17.5% of Turquoise Hill shares issued and outstanding.
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G-20 nations provided $693 billion in support for coal, fossil fuels in 2021 — report
Support dragging down progress on reaching Paris Agreement goals, says report by Bloomberg Philanthropies and BloombergNEF.
Manufacturers push for Canadian response to US green incentives
Lawmakers heard testimony from industry groups that warned Canada will steadily lose investment to the US on everything from steel production to mine development if it doesn’t keep pace with its neighbor.
Dozens of US coal plant closures delayed as green energy shift slows
The plants have almost 17 gigawatts of capacity, and some have pushed back their planned closures by as long as five years.
BHP marks milestone at Jansen potash project in Saskatchewan
World's biggest miner completed the excavation and lining of the two 1,000 metre shafts at the mine, the largest of their kind in the Canadian province.
US carmakers passing up lithium from Australia’s first refinery
The joint venture between China’s Tianqi and Australian miner IGO in May produced the nation’s first battery-grade lithium hydroxide at its refinery near Perth.
BHP warns of inflation risks in 2023, says China demand to stabilize
The mining industry has been weighed down this year since the Russian invasion of Ukraine by a supply bottleneck that sparked off inflation.
Teck, Ocean Regenerative test using seaweed to grow trees
The project will test whether using seaweed enhances the health of tree species that are native to areas where Teck is rehabilitating former mining areas.
Newmont CEO sees inflation pressure easing into the fourth quarter
Newmont's all-in sustaining costs were up 13.5% in quarter ended Sept. 30.
