Fortescue sets up new mining pact with Aboriginal group

Fortescue Metals Group (FMG.AX) has reached a deal with the Wintawari Guruma Aboriginal Corporation (WGAC) to oversee development of new mines at its Solomon Hub iron ore operations in Western Australia, the groups said in a statement.

Human rights claims are limiting China’s international investment!

China’s efforts to be seen as a responsible investor abroad are put at risk by high rates of human rights abuses associated with its business operations, particularly in the metals and mining sector, according to a report released on Wednesday. The Business & Human Rights Resource Centre, a global nongovernmental organization (NGO), logged 679 charges […]

European shares fall on inflation, pandemic woes

European shares fell on Wednesday as worries about rising inflation and the Delta variant of the novel coronavirus hit economically sensitive sectors, even as technology stocks tracked an overnight surge in their U.S. peers.