Russia's Nornickel hires counterparty to buy its shares for employees

Nornickel says new Western sanctions raise risk of metals market disruption

Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company.

Reuters | April 16, 2024 | 5:40 am

Barrick Gold near Pueblo Viejo tailings decision

Barrick’s gold production continues to trail estimates

The miner reported total preliminary output of 940,000 ounces of gold and 40,000 tonnes of copper in the three months ended March 31.

Reuters | April 16, 2024 | 5:27 am

A silver mine revives neglected Bosnian town

The development by Adriatic Metals is the first such mine to open in Europe in over a decade.

Reuters | April 16, 2024 | 1:25 am

Russia may abolish export duty on gold

Russia was in 2022 ranked as the world's second biggest gold miner, after China.

Reuters | April 16, 2024 | 1:18 am

Native American group seeks to overturn US court ruling on Rio’s Arizona copper mine

If developed, the mine would supply more than a quarter of US copper demand for the renewable energy transition.

Reuters | April 15, 2024 | 7:41 pm

Chile’s Codelco sets up lithium subsidiary

Codelco aims to land partner for Maricunga lithium by next year

Codelco, Chile's top copper producer, is entering the lithium business under the mandate President Gabriel Boric's government announced last year to boost the state's role.

Reuters | April 15, 2024 | 5:16 pm

Chile $7 million investment in lithium research

Chile indigenous communities suspend dialogue with SQM, Codelco over lithium

Codelco and SQM agreed to start talks with a council of representatives from 18 indigenous communities in December in efforts to reach an agreement to form a new state-controlled public-private partnership.

Reuters | April 15, 2024 | 12:17 pm

Antofagasta CEO sees global copper supply shortfall this year, volatile prices

Antofagasta CEO foresees higher 2024 copper prices, plans growth at home

The company also did not rule out the possibility of acquisitions, as long as they are in the Americas.

Reuters | April 15, 2024 | 10:31 am

Peru economy grows more than expected in February on mining gains

Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics.

Reuters | April 15, 2024 | 9:55 am

Glencore unit pleads guilty to bribery in Africa

Russian court orders Glencore to pay shares worth 114.8m euros in Sberbank lawsuit

It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.

Reuters | April 15, 2024 | 8:29 am

Chile probes for lithium exploration interest, aims for five projects

Economy minister Nicolas Grau said the country is hoping to develop between 3 and 5 new lithium projects.

Reuters | April 15, 2024 | 8:07 am

New Rio Tinto chairman to weigh CEO's future amid toxic culture crisis - sources

Global mining investment too low to support energy transition, Rio Tinto chairman says

The amount of metals required for each kilowatt of generation capacity has risen by 50% since 2010, according to the IEA.

Reuters | April 15, 2024 | 7:43 am

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