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.

Bloomberg News | October 28, 2020 | 10:22 am

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.

Reuters | October 28, 2020 | 8:58 am

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.

Cecilia Jamasmie | October 28, 2020 | 7:39 am

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.

MINING.COM Staff Writer | October 28, 2020 | 6:15 am

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.

Cecilia Jamasmie | October 28, 2020 | 3:46 am

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.

MINING.com Editor | October 27, 2020 | 12:20 pm

50,000 more mining and gas jobs steer Queensland towards recovery

The Queensland Resources Council has released industry figures confirming mining, gas and energy companies added a record A$82.6 billion to the state economy in 2019-20.

MINING.com Editor | October 26, 2020 | 2:48 pm