Banks don’t want to lend to Australia’s coal miners any more
One of the country’s largest banks said it would end almost all investment in thermal mines and power stations by 2030.
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Champion Iron reports record production in Q3
Bloom Lake produced 2.2 million tonnes of high-grade iron ore concentrate during the three months to September.
Atalaya begins feasibility study on cathode production plant
Production of cathodes could generate cost savings and reduce carbon emissions, the company says.
Boliden Q3 earnings top forecasts
Third-quarter operating profit rose to 2.62 billion Swedish crowns ($299.9 million) from 1.87 billion a year earlier.
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.
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.
