Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissions The Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages. Staff Writer | December 8, 2023 | 12:50 pm
Panama government orders First Quantum to end copper operations Cobre Panama has requested government authorization to lay off more than 4,000 of its employees. Staff Writer | December 8, 2023 | 9:55 am
Gold-record momentum Traders love chasing upside momentum, and the financial media’s enthusiastic coverage of new records returns gold to their radars. Adam Hamilton - Zeal Intelligence | December 8, 2023 | 9:51 am
ArcelorMittal sells Kazakh assets for $286 million The Kazakhstan government's involvement in the deal ensured a lower price for the assets. Reuters | December 8, 2023 | 9:39 am
S. Africa mine sit-in by protesting workers enters third day The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees. Bloomberg News | December 8, 2023 | 9:25 am
Gold price falls to near $2,000 level on strong US jobs data The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate. Staff Writer | December 8, 2023 | 8:51 am
Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines. Staff Writer | December 8, 2023 | 8:07 am
Bribery case snares man who held Trafigura’s secrets and purse strings For years, one of the most powerful people in commodity trading has been a quietly accountant who is barely known outside his own company. Bloomberg News | December 8, 2023 | 6:56 am
Mining People: BHP, CNX Resources, Honey Badger, Lundin, Maritime Resources, Vale Base Metals Key moves in the mining sector. Staff Writer | December 8, 2023 | 6:54 am
