Hints and tips:
...China and Russia are challenging US claims to mineral-rich stretches of seabed because Washington has failed to ratify a treaty — the UN Convention on the Law of the Sea — that governs access to resources...
...Overall, its 2020 performance beat market expectations. But vinyls was the standout....
...The impairment highlights a broader problem for Shell – the weak performance of its Upstream Americas business....
...Marubeni, meanwhile, kept its net profit forecast unchanged at a record Y200bn, buoyed by resilient first-half performances from its power projects and fertiliser businesses....
...“We will look at food, we will look at gold, we will look at minerals.”...
...George Soros: Openness can lift the resource curse The resource curse undermines the investment climate, raises costs for companies, threatens energy and mineral security, and consigns millions of citizens...
...For the week, the benchmark lost 3.5 per cent, its worst weekly performance since October....
...Hedge fund manager Man Group dipped 9.1 per cent to 301p as the market reacted to the latest performance data on its flagship AHL fund....
...The hedge fund manager said after the close its benchmark fund rallied by 2.1 per cent last week, recovering from a period of weak performance that has weighed on Man shares....
...“In our view, the obvious divisions [to sell] would be BHP Petroleum and Rio Tinto’s Industrial Minerals,” Citigroup said....
...A £24bn takeover frenzy helped London’s leading shares record their best one-day performance in two and a half years....
...Vane Minerals added 15.6 per cent to 22¼p after it secured exploration rights to a uranium project in Arizona....
...Palladex, the Central Asian-focused mineral exploration company, was unchanged at 14.5p, although the heavy volume of 8.2m shares traded was put down to a rumour that main shareholder RAB Capital had been...
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