Lloyd’s insurer Apollo to stop underwriting Adani coal mine from Sept. 2021
Many insurers, mainly in Europe, have scaled back their exposure to coal.
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Nordgold submits off-market bid for Cardinal in takeover war
It is supplementing its A$1-per-share bid with an off-market offer of equal value in an effort to defeat Shandong Gold.
Millennial commissions lithium carbonate pilot plant at Pastos Grandes
The Canadian miner said the first output of battery-grade lithium carbonate is planned for Q4-2020.
Seaborne thermal coal demand to rise over next decade – report
A report commissioned by the Minerals Council of Australia states this growth stands on the same drivers that allowed seaborne thermal coal volumes to double between 2006 and 2019.
Gem Diamonds back in the black on higher prices
Gem Diamonds reduced its net debt by $6.6 million in the July-September quarter, ending the period with $1.1 million in cash.
Pilbara Minerals reveals plan to buy Altura for $175m
Pilbara said the move would cement its position as the biggest pure-play ASX-listed lithium company by value.
Nickel Asia’s Hinatuan mine suspends operations after covid-19 outbreak
Work has been suspended from Tuesday until Nov. 10 as a containment measure after 19 employees tested positive.
Volatile returns: Commodity investing through miners and explorers
Volatility is a double-edged sword, particularly when it comes to commodity investing.
Trump lifts tariffs on Canadian aluminum, warns he may resume them
Trump first granted the exclusion to Canada in 2019, but a surge in imports of Canadian non-alloyed, unwrought aluminum prompted him to slap the tariffs back on in August, inflaming tensions with Ottawa.
