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1) According to Sherry Duhe, the interim CEO of Newcrest Gold, regulators need to urgently fast track approvals for new mines and renewable energy projects to power the new mines in order for the world to avoid climate change and the consequences that come with it. "We are urgently off course, and we need to course correct immediately," Sherry Duhe. She used the copper example that says that the world needs about 17 more Escondidas, the world's largest copper mine, to meet the projected demand by 2050. She also said that the next 5 to 10 years are crucial as the alternative is terrifying.
Source: World faces 'terrifying' future if miners, regulators don't step up, Newcrest says | Reuters
2) Blue Bell Capital, the activist investor, issued a letter to the Glencore board, asking them to remove Gary Nagle as the CEO of the company. Blue Bell first began its campaign against Glencore in 2021, urging the company to separate its thermal coal business and selling Viterra, Glencore's agricultural business.