G-7 nations to agree on first half of 2030s for coal phase-out The US, UK, Germany, France, Canada, Japan and Italy agreed on the date after talks on Monday held under Italy’s presidency. Bloomberg News | April 30, 2024 | 8:26 am
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo. Reuters | April 30, 2024 | 8:20 am
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters. Reuters | April 30, 2024 | 8:03 am
Barrick’s Mali mine feeds Russian war machine, advocacy group says The operator of the Loulo-Gounkoto gold complex increased tax, royalty and dividend payments to the Malian government by almost half to $380.7 million last year. Colin McClelland | April 30, 2024 | 7:59 am
Nyrstar to resume zinc production at Dutch smelter in May The Budel smelter, with a capacity to produce 315,000 metric tons per year, was suspended in the second half of January. Reuters | April 30, 2024 | 7:56 am
China lithium pioneer hands reins to daughter after loss Tianqi Lithium founder Jiang Weiping has resigned as chairman after the battery material producer reported its biggest ever quarterly loss. Bloomberg News | April 30, 2024 | 7:43 am
Harmony raises gold output forecast The company said it expects its full-year gold production to be 1.55 million oz, up from the initial forecast between 1.38-1.48 million oz. Reuters | April 30, 2024 | 7:14 am
Australia cracks down on foreign cash in critical minerals At the same time, the investment approval process would be streamlined for known investors and low-risk sectors. Bloomberg News | April 30, 2024 | 6:30 am
Greatland Gold may buy Havieron back from Newmont Greatland considers itself “strongly positioned” should there be an opportunity to consolidate ownership of Havieron. Staff Writer | April 30, 2024 | 6:28 am
