[ad_1] Australia has lived up to its nickname, the “Lucky Country,” partly thanks to abundant reserves of coal and natural gas. A fossil-fuel-free future—like the one envisioned at the COP28…
Tag: Mining/Quarrying
What India Needs to Ditch Coal
[ad_1] India’s climate ambitions are a paradox. The South Asian giant has set aggressive targets for clean energy deployment, and is seen as one of the most attractive developing markets…
Woodside Energy, Santos in Merger Talks to Create Global Energy Giant
[ad_1] SYDNEY—Woodside Energy and Santos said they are discussing a merger that could result in a new global giant worth around $52 billion, illustrating how rising demand for natural gas…
BHP CFO Steps Down Amid Executive Reshuffle
[ad_1] Updated Dec. 6, 2023 7:07 pm ET BHP Group, the world’s largest miner by market value, said its chief financial officer will step down amid a reshuffle of the…
Why Gold Prices Are Hitting Records
[ad_1] The prospect that interest rates might have peaked is powering gold prices to record highs. Futures for delivery of gold in December settled at $2,071 a troy ounce Friday, topping…
Investors Lose Legal Bid Against Exchange Over Nickel Market Blowup
[ad_1] LONDON—The London Metal Exchange chalked up a big victory over investors on Wednesday, when a court said it was within its rights to cancel trades during a high-profile blowup…
Biden’s Electric-Vehicle Push Hits a Speed Bump
[ad_1] Mining projects are being delayed after a plunge in prices for metals used in batteries. [ad_2] Source link
MMG Plans to Buy Copper Mine in Africa for $1.88 Billion
[ad_1] Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed…
BHP Iron-Ore Train Drivers Plan Industrial Action From Friday
[ad_1] Train drivers at BHP Group’s Australian iron-ore operations intend to begin industrial action on Friday in a dispute over working conditions that risks disrupting supplies of the steel ingredient…
Low Platinum Prices Show How Banking on Miners Could Threaten the Energy Transition
[ad_1] Nov. 15, 2023 3:00 am ET|WSJ Pro Plunging prices for platinum and other critical metals could derail mining investment needed to develop new supplies, posing a significant threat to…