Gemfields warns of $2.8 million loss on write-downWeak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.Cecilia Jamasmie | March 22, 2024 | 4:01 am
More investors push Glencore to keep coal post-Teck dealEchoing a demand last week by activist Tribeca Investment Partners,…Reuters | March 22, 2024 | 2:50 am
EU to keep tabs on Norway deep sea mining effortsNorway is one of the first countries to formally authorize…Bloomberg News | March 21, 2024 | 1:48 pm
Investors glimpse opportunity in Europe’s unloved mining shares The STOXX Europe 600 mining index has fallen 15% this year, making it the worst performing sector in the region by some margin. Reuters | September 15, 2023 | 9:08 am
Aluminum deal season has started, but no one is buying yet The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week. Bloomberg News | September 15, 2023 | 8:35 am
G7 to launch Russian diamond ban in bid to curb revenues, Belgium says A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks. Reuters | September 15, 2023 | 7:46 am
London-listed Rockfire to buy suspended Dubai gold refinery The London-listed company said the deal is conditional on Emirates Gold being restored to the United Arab Emirates’s Good Delivery List. Bloomberg News | September 15, 2023 | 7:31 am
London gold body aims to create secure global database The LBMA's database of Russian gold bars held by banks in London helps to prevent sanctions evasion by Russian companies. Reuters | September 14, 2023 | 11:04 am
Cornish Metals updates South Crofty tin resources, targets feasibility by end of 2024 The new MRE showed a 39.0% increase in tonnes and 31.6% increase in contained tin in the indicated category. Staff Writer | September 14, 2023 | 9:33 am
LME to change the way closing prices are determined The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel. Reuters | September 14, 2023 | 8:37 am
Explainer: Why does Norway want to mine the seabed? Some Norwegian companies that provide technology and services to the oil industry are looking at deep sea mining as well. Reuters | September 14, 2023 | 7:35 am
Vedanta hires ex-Gold Fields boss to run copper, zinc mines Chris Griffith, a mining veteran with decades of experience in the field, is expected to focus on bringing KCM back to profitability. Cecilia Jamasmie | September 14, 2023 | 3:49 am