Australia, NZ & South Pacific



Noront snubs Wyloo debt offer

Noront Resources (TSXV: NOT) has rejected a loan offer from major shareholder and Australian mining magnate Andrew Forrest’s Wyloo Metals late last week, citing an “immediate need for funding.” Instead,…








Australia’s Macquarie bank to exit coal by 2024

Australia’s investment bank Macquarie Group said on Friday it will stop financing coal projects by 2024, adding to a long list of local financial institutions that have withdrawn their support…




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