Mining boss Ellison tells investors: ‘I hate what I’ve done’ The executive has been pressured to explain why the company made historical payments to offshore entities he controlled. Bloomberg News | November 21, 2024 | 7:32 am
Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit The transaction is expected to close in early 2025. Reuters | November 21, 2024 | 7:22 am
Alrosa plans production cuts and staff reduction for 2025 The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff. Staff Writer | November 21, 2024 | 6:59 am
Beleaguered Ellison faces MinRes shareholders The board of under-siege Mineral Resources faced grilling in Perth over a governance scandal, amid unexpected expressions of support. Kristie Batten | November 21, 2024 | 6:04 am
UK gov’t finds Glencore fell short of business guidelines in Chad Case centres on a 2018 toxic spill at the Badila oilfield, equivalent in volume to 34 Olympic-sized swimming pools. Staff Writer | November 21, 2024 | 5:08 am
Marimaca Copper eyes ASX dual listing to boost Chile project The Canadian miner has reportedly engaged law firm Thomson Geer to finalize a prospectus for listing on the ASX before Christmas. Cecilia Jamasmie | November 21, 2024 | 3:47 am
Mali frees Resolute executives after $160 million deal The three executives, including CEO Terry Holohan, were freed from detention on Wednesday. Bloomberg News | November 20, 2024 | 3:38 pm
Eramet, JUWI Energies ink deal for solar and battery storage project in Senegal The 20 MWp solar and 11 MWh battery project will provide clean energy to meet 20% of the mine’s energy needs. Staff Writer | November 20, 2024 | 2:07 pm
Tycoon Adani charged by US over alleged $250 million bribe plot The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials. Bloomberg News | November 20, 2024 | 1:47 pm
