Kloeckner to divest business in four European countries German metal trader Kloeckner plans to sell off parts of its European commodity distribution business to Spain's Hierros Anon. Reuters | December 22, 2023 | 8:18 am
Diamond output of sanctions-hit Alrosa down in 2023, stockpiling likely Alrosa said on Friday that its 2023 output fell by 2.8% year on year to 34.6 million carats. Reuters | December 22, 2023 | 8:09 am
Can beaten-up junior miners fight illegal short-selling? CIRO and the Canadian Securities Administrators are forming a working group early in the year to study short selling in Canada. Alisha Hiyate | December 22, 2023 | 7:33 am
Discovery may reduce use of palladium in hydrogen production A recent discovery may increase the eco-friendliness of the energy-making process that involves using Pd in electrolysis. Staff Writer | December 22, 2023 | 6:06 am
Sandfire, Yugunga-Nya sign deal for cultural heritage protection at DeGrussa mine Sandfire said last month it had damaged an artefact scatter at its Monty cooper mine in 2017 and 2018. Reuters | December 21, 2023 | 2:13 pm
Milei looks to cut costs for Argentina’s miners in broader deregulation push The Argentina President singled out cutting costs for mining companies that in recent years have been lured to vast deposits in the Andes. Bloomberg News | December 21, 2023 | 10:49 am
Northern Dynasty closes $17 million in financings to support Pebble project The proposed mine, if built, would represent the largest in North America. Staff Writer | December 21, 2023 | 10:08 am
Norsk Hydro takes $571 million hit in weak alumina market Hydro completed the sale of a 30% stake in Alunorte to Glencore Plc earlier this month. Bloomberg News | December 21, 2023 | 9:30 am
Brazil police launch probe into Braskem as mine risks collapsing Latin America’s largest petrochemical is under increasing pressure as the ground sinks in parts of the city of Maceio. Bloomberg News | December 21, 2023 | 9:24 am