Glencore’s Peru boss Soyer to step down after Volcan sale Glencore's head of Peruvian operations is stepping down from her position. Reuters | September 4, 2024 | 7:04 am
Russia launches major zinc concentrate plant after delays linked to fire, US sanctions Ozernoye aims to process up to 6 million tons of zinc ore when it reaches full capacity in 2025. Reuters | September 4, 2024 | 6:57 am
Codelco bids $500 million for stake in key Chile copper mine The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board. Bloomberg News | September 3, 2024 | 4:15 pm
Cerro de Pasco Resources sells Santander zinc mine in Peru In June 2023 the operation underwent curtailment due to weak zinc prices. Staff Writer | September 3, 2024 | 1:30 pm
Guest Column: Critical minerals, Western security and the case for US leadership The International Energy Agency estimates an extra $800 billion of investment in new mining projects is needed by 2040 to meet the 1.5 °C target. Dominic Raab | September 3, 2024 | 12:14 pm
US-backed Angola rail plan secures $200 million from key bank The Development Bank of Southern Africa has approved as much as $200 million for the Lobito corridor rail project. Bloomberg News | September 3, 2024 | 10:56 am
Goldman cuts copper price forecast by $5,000 as bullish bet closed The bank has been one of the biggest cheerleaders of the industrial metal. Bloomberg News | September 3, 2024 | 7:24 am
Xi wants bigger returns, fewer headaches from African debt deals From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative. Bloomberg News | September 3, 2024 | 7:15 am
Goldman temporarily suspends zinc coverage Goldman cited "restricted capacity" following the departure of the sector lead earlier this year. Reuters | September 3, 2024 | 6:41 am
