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.
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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.
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.
RANKED: Top 20 mining companies – capital raised in 2020
Gold miners dominate the list, but metallurgical coal and phosphate rock companies rank number two and five, respectively.
Former First Mexican Gold exec faced with securities charges
The BCSC alleges the company hired a qualified mining engineer in 2014 to produce “a quick, non-compliant overview” of the potential mineral resources on its Hilda 30 concession in Sonora State.
Nickel surplus looms as electric vehicle buzz fades
Nickel bulls may have to defer their great EV expectations for a while yet and focus on what is happening in the currently far more significant stainless steel sector.
