Glencore, Rusal extend aluminum supply contract into 2025 Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions. Reuters | May 22, 2024 | 11:15 am
Faraday Copper rallies on $15 million bought deal to advance Arizona project Its Copper Creek project in Arizona is labelled as one of the largest undeveloped copper projects in the US. Staff Writer | May 22, 2024 | 11:06 am
Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals Apple has said in the past that it does not directly buy, procure or source primary minerals, and it has been auditing its suppliers for several years. Staff Writer | May 22, 2024 | 11:00 am
Iamgold arranges $300 million financing to restore stake in Côté mine Iamgold will look to buy back a 9.7% interest in Côté from Sumitomo. Staff Writer | May 22, 2024 | 10:58 am
Mexican president rules out expropriating Vulcan’s mine but maintains land closure Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage. Reuters | May 22, 2024 | 10:23 am
Fortescue excluded from world’s biggest hydropower plant development The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project. Bloomberg News | May 22, 2024 | 9:38 am
Zimbabwe’s central bank gold reserves to back ZiG currency rise The ZiG, short for Zimbabwe Gold, launched April 5 is backed by 2.5 tons of gold and $100 million in foreign currency reserves. Bloomberg News | May 22, 2024 | 9:06 am
Kenorland stock surges as Centerra Gold takes 9.9% stake The company is already working with Centerra on the Hunter project in Quebec. Staff Writer | May 22, 2024 | 8:50 am
Harmony Gold reports fatality at South Africa mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | May 22, 2024 | 8:16 am
