Activist investor pushes Glencore to spin off coal business ACTIVIST PRESSURE Activist investor Bluebell Capital Partners has called on commodities titan Glencore to spin off its thermal coal business.
Happening now in the City: Insurance giant Convex Insurance targeted over coal Convex Insurance, the London-based insurance company, is targeted this morning at the London Market Conference by environmental organisation Market Forces, putting further pressure on the insurance company to rule out underwriting the controversial Adani Carmichael coal project. Convex has not ruled out the project despite 40+ other major insurers having done so. The Adani Carmichael [...]
Higher coal and cobalt prices drive Anglo Pacific’s results upwards Higher coal and cobalt prices drive Anglo Pacific's results upwards Anglo Pacific Group (APG), a leading natural resources investment company, today published encouraging third quarter results after it saw its highest-ever portfolio income contribution of $23.6m. Its record portfolio income results were 180 per cent high than the same period last year, and a fraction ahead of the firm’s interim results of $23.04m. APG’s results [...]