Two workers missing at MMG Australian zinc mine after incident
The site's emergency response has been activated and is working closely with Barminco and authorities.
The site's emergency response has been activated and is working closely with Barminco and authorities.
Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period.
Until late October, the US bank had been helping to finance Trafigura’s nickel trades with companies linked to Indian businessman Prateek Gupta.
Critical knowledge and skills are being lost while the demand for metals and minerals surges.
The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.
Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.
Ford is moving ahead with the project despite uncertainty around how the US Treasury Department will interpret requirements in the Inflation Reduction Act.
Indian businessman Prateek Gupta and his companies, against whom Trafigura secured a $625 million freezing order this week, have a checkered history in the trading world.
Before gold’s latest plunge, it had been stretched and overbought after rallying for months without any significant selling.
Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.