Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them.
In October, China suspended purchases of Australian coal as Beijing continued to tightly control imports amid soured political relations with Canberra.
Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.