In November , Glasgow hosted one of the most significant Climate Change Conferences , COP26 , which assembled leaders from across the globe to discuss all aspects of sustainability .

As a result of the conference , more than 40 countries have committed to abolishing the use of coal over the next two decades . Countries with larger economies will phaseout coal power by 2030 , while the poorer countries that signed the pledge will aim for 2040 .

One of the major steps towards the elimination of coal power is finance . Many of the countries , including the US , that signed the pledge have agreed to a further commitment to stop financing new projects in the industry .

With the plans firmly set by world leaders , it is expected to see many fossil fuel operators cut or divest their mining assets to reduce their contributions to global warming .

� KORE MINING Reached a " major milestone " in relation to its Imperial Gold Project purchase agreement with Goldcorp USA , following investments totalling US $ 5mn .

� EUROPE As mining operations are digitised , Europe has experienced better hiring rates for roles in robotics , developing solutions for mining applications , making up 22.6 % of robotics jobs .

� HOCHSCHILD MINING Following the closure of two of its mines , by the Peruvian government , Hochschild Mining experiences a fall in share prices as it disputes the case .

� RIO TINTO Experienced backlash from the Mongolian government for delays to the first copper production schedule at the Oyu Tolgoi mine , Mongolia , with the potential to incur the costs .

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