Australia snubs court’s climate order to approve coal project
Environment Minister has given environmental consent for Whitehaven Coal to proceed with a $440 million plan to extend open-cut mining at its Vickery operation in New South Wales.
Until now, gold has played second fiddle to the U.S. currency as investors have sought a safe haven in the face of trade war uncertainty now, we see gold’s appeal firming.
Japan’s biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore.