News
£62,000 for five months’ work: life on an Australian gold mine
4+ hour, 3+ min ago (13+ words) 62,000 for five months" work: life on an Australian gold mine'The Times...
National Wealth Fund to prioritise clean energy and green steel
2+ week, 3+ day ago (344+ words) The National Wealth Fund has set out plans to double its pace of investment, ploughing up to "5 billion a year of taxpayer cash into green energy and growth. Energy storage, the power grid, nuclear, hydrogen and carbon capture and storage…...
Talk of gold rush returning to Scottish Highlands
2+ week, 4+ day ago (513+ words) The roaring rally in the gold price has burnished a revival in the long-held hopes of a gold rush in the Scottish Highlands. Production at Scotland's only gold mine has now resumed under a new owner, Acrux Gold, which took…...
Gold at record as investors seek safe haven from Trump’s war on Fed
1+ mon, 1+ day ago (850+ words) Gold hit a new record high and the dollar fell sharply on Monday after Jerome Powell cast a criminal investigation into his chairmanship as part of President Trump's efforts to erode the Federal Reserve's independence with "political pressure or intimidation....
Glencore and Rio Tinto restart talks on possible $260bn merger
1+ mon, 5+ day ago (458+ words) Glencore confirmed late on Thursday that it is in preliminary discussions with Rio Tinto about a possible combination of some or all of their businesses, which could include an all-share merger between the two companies. Glencore said that the parties…...
‘No one is taking it away, nobody’s taxing it’: why women are buying gold
1+ mon, 2+ week ago (957+ words) For Jane Farnham, a single mother with three sons, there's a lot of pressure that comes with being the household's sole breadwinner. "You have to provide for everyone. It's my responsibility " there is no one else coming to save the…...
BHP boss: I have ‘zero regrets’ over failed Anglo American bids
1+ mon, 2+ week ago (838+ words) Failing to pull off a multibillion-dollar takeover might be considered unfortunate. Failing to do it twice, might be considered a disaster. But Mike Henry, boss of BHP, the world's biggest miner by market value, insists there's no shame in trying....
Anglo American drops £8.5m bonus plan for boss after investor pressure
2+ mon, 6+ day ago (328+ words) Anglo American has bowed to investor pressure and scrapped plans to hand its boss a share bonus worth about "8.5 million if he secures its $50 billion merger with Teck Resources. The FTSE 100 mining group claimed that shareholders had "strongly supported the…...
Anglo American braced for backlash over Teck merger bonus
2+ mon, 1+ week ago (646+ words) Anglo American is braced for a backlash from investors over plans to award its boss a share bonus worth about "8.5 million if he secures its merger with a Canadian rival. The FTSE 100 mining group is seeking approval from shareholders this…...
Anglo American boss won’t quit London — for now
4+ mon, 5+ day ago (339+ words) Retaining a primary listing in London makes "an enormous amount of sense" after Anglo American merges with Canada's Teck, Anglo's boss said, although he declined to rule out a move in future. Duncan Wanblad said that it was "not the…...