Andrew Forrest has been scouring the planet’s far-flung regions including Kyrgyzstan and the DRC for investment opportunities.

Last week, Westgold had said it received positive engagement from Gascoyne shareholders for its A$104.8 million ($76.94 million) takeover offer.

Newcrest expects to produce around 2 million ounces of gold a year until at least 2030.

Fortescue’s energy unit will build a plant with initial capacity to make two gigawatts of electrolyzers a year in Gladstone, Queensland.

Zurich-based Credit Suisse had previously disclosed some $2.3 billion worth of loans exposed to financial and litigation uncertainties within Greensill-linked supply chain finance funds, with some $1.2 billion of its assets related to GFG.

The global cobalt industry is set to receive a significant boost from the worldwide shift to a green economy, Fitch says.