BHP remains confident that its C$325 million ($350 million) takeover bid to acquire Noront Resources is stronger than the offer made by Andrew Forrest’s Wyloo Metals on Monday.
Evolution Mining has set a path to increase its annual gold production to more than 900,000 ounces over the next three years with development of the Cowal underground mine in New South Wales now approved.
Gold mining is an energy-intensive and greenhouse gas (GHG) emissions-intensive industry. With climate change risks identified as financial risks and the Paris Agreement’s adoption in 2015, far greater scrutiny is being placed on companies’ GHG emissions and actions to mitigate them to become more environmentally sustainable. Read more