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The calamitous world of King Clive Palmer - Vimarsana News

The calamitous world of King Clive Palmer

The billionaire Queensland mining magnate, serial litigant and political aspirant is back in the media spotlight. But what is driving him?

World's largest economies to stop funding coal by 2022 - Vimarsana News

World's largest economies to stop funding coal by 2022

The end of coal is nigh. Seven of the world's largest economies have come together to outlaw international investment in any related projects by the end

Bravus loses court challenge for Carmichael coal mine water permit - Vimarsana News

Bravus loses court challenge for Carmichael coal mine water permit

Bravus Mining & Resources has lost a case related to the North Galilee water scheme at the Carmichael coal mine in Queensland, Australia.

Watch: Musician arrested after protest at rail site - Vimarsana News

Watch: Musician arrested after protest at rail site

Premium Content Subscriber only A musician has been arrested after allegedly locking himself to equipment at a Central Queensland construction site in a stand against mining. Musician and student Morgan Heenan allegedly locked himself to concrete batching equipment at Bravus Mining and Resources' Carmichael rail construction site near Glenden in Central Queensland on Monday morning. Police were called to the alleged incident, which disrupted works at the site, about 6am on May 24. Protester disrupts work at CQ rail construction site: Musician and student Morgan Heenan has locked hi...

ESG focus reshapes coal loans - Vimarsana News

ESG focus reshapes coal loans

Recent refinancings for Port of Newcastle, the world's largest thermal coal export port, and the Loy Yang B coal-fired power plant in Victoria show that the sector is becoming increasingly reliant on a narrower group of lenders as the focus on environmental, social and governance factors upends long-standing relationships. Both deals took several months to close, underlining the challenges facing Australian borrowers in a sector with about US$13bn of loans due to mature by the end of 2023. ( See Table.) “The ESG movement is strong and it’s very challenging to fight against it,” said a...

Source: ifre.com