Trafigura’s $600 million cobalt play faces cash crunch in CongoTrafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud.Bloomberg News | August 2, 2023 | 7:42 am
Nornickel makes Asia pivot as metals price drop hits H1 profitsNet profit dropped from $5.1 billion to $1.1 billion in…Reuters | August 2, 2023 | 7:25 am
Barrick reiterates 2028 first production for Reko Diq project in PakistanThe project has been over a decade in the making…Staff Writer | August 1, 2023 | 12:02 pm
Glencore cobalt mine scrutinized as Congo revisits foreign deals The country added the Mutanda mine to a list of projects that could face renegotiation. Bloomberg News | April 22, 2022 | 7:56 am
Newmont posts fall in first-quarter profit Newmont in February warned that Omicron-related issues could impact its gold production by as much as 150,000 ounces in the first quarter. Reuters | April 22, 2022 | 7:41 am
Sibanye-Stillwater increases wage offer for striking South Africa gold mineworkers Under Sibanye's "final settlement offer", entry-level employees would be given an annual increase of 850 rand a month each year between 2022 and 2024 Reuters | April 22, 2022 | 7:37 am
Peru says 50-day protest lifted at Cuajone mine Southern Copper has yet to say if it will restart production after the protest suspension. Reuters | April 22, 2022 | 7:32 am
Investor group to flag concern over Glencore’s climate efforts Glencore last year said it planned to run down its thermal coal mines by the mid-2040s and hit net-zero carbon emissions by 2050. Reuters | April 22, 2022 | 7:25 am
Liberia to review ArcelorMittal concession agreement The announcement risks disrupting ArcelorMittal's plans to triple its iron ore production in Liberia. Reuters | April 21, 2022 | 2:01 pm
BHP cuts copper output outlook over Chile protests, environmental concerns Chile, the world's top copper producer, earlier this month sued BHP among others miners over alleged environmental damages. Reuters | April 21, 2022 | 9:42 am
Alcoa sinks as aluminum shipments fall in sign of waning demand Alcoa shares dropped the most in eight months after the aluminum producer said sales slumped. Bloomberg News | April 21, 2022 | 9:30 am
Copper price up as miners report sliding production Prices rose after a spate of production problems that threaten to cut supply, including a state of emergency in Peru. Staff Writer | April 21, 2022 | 9:11 am