BMO bankers sent each other crude memes before they were fired
Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered during an internal investigation after another employee complained, according to people with knowledge of the matter.
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Record resources deals rescue a dim year for Australian bankers
Mining News Pro - Energy and mining deals have dominated Australia’s dealmaking scene like never before this year.
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Nervous bankers leave the gold market stuck in disconnect
Mining News Pro - Gold has rarely been a hotter trade, but the world’s two most important markets remain out of sync. In New York, the price of gold topped $1,750 for the first time in seven years on April 9. In London, it still hasn’t caught up.
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Coal India faces challenges in finding merchant bankers for planned overseas acquisitions
Mining News Pro - State-miner Coal India Limited’s (CIL’s) planned investment in overseas coal assets is facing stiff speed-breakers, with global merchant bankers unwilling to take up an advisory and due diligence mandate for the so-called ‘dirty fuel’.
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Ex-Goldman banker may finish huge gold deal five years later
Mining News Pro - The man proposing to buy Newmont Mining Corp. in the world’s biggest gold takeover is the same person who was blamed for the deal falling apart five years ago — Barrick Gold Corp. Chairman John Thornton.
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Bankers have gone AWOL in the race to build more lithium mines
Mining News - MELBOURNE – After clinching a deal with a Chinese battery maker in 2016, James Brown figured bankers would be eager to fund his new lithium mine. Altura Mining was racing to ship the raw material from Australia to the world’s biggest electric vehicle market as demand was surging.
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