Australia’s Macquarie bank to exit coal by 2024
The lender will stop financing coal projects by 2024 as it aligns its business with global commitments to achieve net-zero emissions by 2050.
Latest Stories
Magnet rare earth oxides market to increase fivefold by 2030 — report
Adamas Intelligence forecasts that the market for magnet rare earth oxides will increase to $15.65 billion from the current $2.98 billion.
Fancy color diamond prices show mixed results in Q1 2021
The Fancy Color Research Foundation reported the latest results of its Fancy Color Diamond Index.
Kyrgyzstan to temporarily take over Centerra’s Kumtor mine
Parliament has passed a law allowing the government to run Kumtor gold mine for up to three months, based on environmental concerns.
As China row deepens, 1 million tonnes of Australian copper concentrate needs new buyers
Australian copper concentrate exports to China have been at zero since November amid record prices and historically low refining charges.
UK court to reconsider $6.9bn Brazil dam lawsuit against BHP
The case is the latest battle to establish whether multinationals can be held liable for the conduct of subsidiaries abroad.
Chile’s 75% copper tax closer to becoming reality
Chile’s lower house approves a progressive royalty on sales topping out at 75% at today's copper price.
Iron ore price tops $200 amid further deterioration of China-Australia relations
"This is a co-dependent relationship whereby either party cannot survive without the other," says analyst Atilla Widnell.
Gold price back above $1,800 as inflation fears linger
Gold reached as high as $1,817/oz on Thursday, the highest in nearly three months.
