Anglo shares rise amid renewed takeover speculationBHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.Staff Writer | November 29, 2024 | 9:27 am
Amaroq pours first gold at Nalunaq mine in GreenlandThe pour took place on Wednesday, following approval of Phase…Staff Writer | November 28, 2024 | 10:08 am
The world’s biggest buyers of gold are now among East European central banksCentral banks around the world are stocking their gold arsenals…Bloomberg News | November 28, 2024 | 7:48 am
How one of the tiniest oil markets cost Trafigura over $1 billion Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees. Bloomberg News | November 3, 2024 | 9:10 am
Visualizing the EU’s critical minerals gap by 2030 This graphic underscores the scale of the challenge the bloc faces in strengthening its critical mineral supply by 2030. Visual Capitalist - Elements | November 1, 2024 | 9:56 am
Euro Sun, Glencore enter MOU for offtake on Rovina Valley project Euro Sun considers Rovina Valley to be one of the largest undeveloped copper-gold projects in Europe. Staff Writer | October 31, 2024 | 9:28 am
UBS expects copper price to average $10,500 in 2025 Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and defense needs. Reuters | October 31, 2024 | 4:13 am
Abandoned copper mines embraced as fast track to boost output A range of companies are firing up abandoned assets once seen as financial liabilities to fast-track significant volumes of supply. Reuters | October 30, 2024 | 11:55 am
Workers at Europe’s dirtiest power plant wary of life after coal The Belchatow plant generates around 20% of Poland's electricity. Reuters | October 30, 2024 | 10:34 am
Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%. Reuters | October 30, 2024 | 7:07 am
Glencore posts lower metals output for first nine months, reiterates outlook The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons. Reuters | October 30, 2024 | 1:22 am
Gold price scales $2,800 amid US election uncertainty Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs. Staff Writer | October 30, 2024 | 1:12 am