Glencore unit pleads guilty to bribery in Africa Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries. Cecilia Jamasmie | June 21, 2022 | 3:48 am
Alamos Gold kicks off production at new Mexican mine La Yaqui Grande will extend gold production from the Mulatos mine by five years to 2027 and is expected to churn out 123,000 ounces per year. Cecilia Jamasmie | June 20, 2022 | 8:04 am
Vedanta selling halted copper smelter, four years later The southern Indian state of Tamil Nadu closed it in 2018 after 13 people died when police opened fire on protesters. Cecilia Jamasmie | June 20, 2022 | 4:01 am
Glencore trading profit poised for best-ever year Glencore expects adjusted operating profit to exceed $3.2bn for the first half of the year amid "unprecedented" market environment. Cecilia Jamasmie | June 17, 2022 | 6:44 am
Miners must invest in critical minerals or risk energy transition – report The world's largest miners are in excellent financial shape to lead global transition to clean energy, says PwC. Cecilia Jamasmie | June 17, 2022 | 3:51 am
BHP to shut Mount Arthur coal mine as buyers walk BHP is, hower, seeking approval to keep the mine running beyond 2026, until 2030, amid high coal prices and a tight market. Cecilia Jamasmie | June 16, 2022 | 3:46 am
Kinross Gold sells Russian assets at half the agreed price Kinross, which operated in Russia for about 25 years, said the price change followed a review by a recently formed commission to control foreign investments. Cecilia Jamasmie | June 15, 2022 | 6:35 am
Antofagasta sees full-year production at bottom end on Los Pelambres issues The Chile-focused miner now expects full-year output to reach the bottom end of its previous guidance of 660 - 690,000 tonnes. Cecilia Jamasmie | June 15, 2022 | 5:40 am
Marathon Gold receives mining leases for Newfoundland project The province's leases cover the development of the Marathon and Leprechaun deposits and have a term of 20 years. Cecilia Jamasmie | June 15, 2022 | 3:53 am
Gem Diamonds finds 245-carat diamond at Letseng The white diamond, found over the weekend, is third one over 100 carats recovered this year at the company's mine in Lesotho. Cecilia Jamasmie | June 14, 2022 | 9:55 am