Glencore Plc will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources Ltd.’s mines closes later this year.
Wednesday, May 29, 2024 - 22:19:54
Botswana’s President Mokgweetsi Masisi on Wednesday called synthetic gems a threat to the country’s economic lifeblood, as the government readies to launch a $6 billion project to extend the life of its flagship Jwaneng diamond mine.
Wednesday, May 29, 2024 - 22:17:25
Wednesday, May 29, 2024 - 22:16:20
Botswana is hoping for a quick separation of De Beers from the Anglo American Plc group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi Masisi said on Wednesday.
Wednesday, May 29, 2024 - 22:09:17
Europe’s biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about €10 billion ($10.8 billion), in an effort to be greener.
Tuesday, May 28, 2024 - 22:06:53
Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit.
Wednesday, May 29, 2024 - 22:23:37
US Steel Corp and Japan’s Nippon Steel have received all regulatory approvals outside of the United States for their proposed $14.9 billion merger, the companies said on Thursday.
Wednesday, May 29, 2024 - 22:22:02
A historic squeeze in New York copper futures is drawing to a close, with the loosening of a key price spread taking the pressure off traders who faced spiraling losses on short positions earlier this month.
Wednesday, May 29, 2024 - 22:12:52
Mongolia’s prime minister defended changes to the country’s mining laws after foreign investors raised concerns they could deter investment in its large reserves of critical minerals, including those used in electric vehicle batteries and other new energy technologies.
Wednesday, May 29, 2024 - 22:10:54
Australia and the European Union have struck an agreement to boost cooperation and investment in critical minerals, part of a drive by Western nations to loosen China’s grip on supply chains of materials essential to high-tech and green manufacturing.
Tuesday, May 28, 2024 - 22:01:00
Chinese silver imports could surge in coming weeks, as traders take advantage of a jump in demand that’s taken prices well above the international market.
Wednesday, May 29, 2024 - 22:14:53
Money managers became the most bullish on gold in more than four years as prices surged to a fresh record earlier this week.
Monday, May 27, 2024 - 18:45:41
At least five people were killed and several others were missing after an informal gold mine collapsed in northern Kenya, officials and local media said.
Monday, May 27, 2024 - 18:43:34
More than 670 people are assumed to have died in Papua New Guinea’s massive landslide, the UN migration agency estimated on Sunday as rescue efforts continued.
Monday, May 27, 2024 - 18:37:33
Record prices of gold and copper are buoying the spirits of mining leaders gathered in the Peruvian capital this week.
Wednesday, May 22, 2024 - 14:48:01
US construction company Vulcan Materials on Monday rejected what it considers the “illegal expropriation” of its investments in Mexico and said it remains open to a negotiated solution with the Mexican government.
Monday, May 27, 2024 - 18:44:32
A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer.
Wednesday, May 22, 2024 - 14:43:37
Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the companies closer than ever to opening up vast copper deposits in the red-hued Andes.
Wednesday, May 22, 2024 - 14:38:08
Suncor Energy Inc. shares rose to an almost 16-year high after the oil-sands producer accelerated plans to ramp up share buybacks, marking a win for activist investor Elliott Investment Management LP.
Wednesday, May 22, 2024 - 14:33:26
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, extending the period of consecutive purchases to 18 months despite high gold prices.
Tuesday, May 7, 2024 - 22:31:41
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