Verde Magnesium granted mining rights in RomaniaBacked by US private equity investor Amerocap, Verde aims to break Europe's reliance on Chinese imports of magnesium metal.Staff Writer | April 16, 2024 | 5:23 am
German coal mines emit much more methane than reported, study saysA new analysis by Ember finds that German coal mines…Bloomberg News | April 16, 2024 | 1:31 am
Russian court orders Glencore to pay shares worth 114.8m euros in Sberbank lawsuitIt is a second lawsuit Sberbank has filed in Russia…Reuters | April 15, 2024 | 8:29 am
Veracio acquires Minalyze in $29 million deal Deal combines Veracio’s AI and analytics solutions and Minalyze’s geological data visualization technology. Staff Writer | September 19, 2023 | 3:58 pm
Aurubis trims annual forecast further after metal theft After concluding its metal stocks inventory, Aurubis identified damage amounting to 185 million euros. Reuters | September 19, 2023 | 8:41 am
Trafigura revamps senior leadership, giving energy more weight CEO and executive director Jeremy Weir is staying in his roles while Ben Luckock has become the sole head of oil trading. Reuters | September 19, 2023 | 8:37 am
The mission to create Europe’s battery hub, whatever the cost In just a few years, Hungary is projected to become the fourth-largest producer of batteries globally. Bloomberg News | September 19, 2023 | 8:10 am
WGC steps up efforts to boost supply chain transparency All 33 members with operating gold mines will publish the names and locations of their refining partners at least once a year. Staff Writer | September 19, 2023 | 3:48 am
Poland proposes ban on Russian diamonds, LPG in new sanctions package The Polish proposal will now be considered by the European Commission. Reuters | September 18, 2023 | 9:39 am
Glencore took low volumes of Rusal aluminum, contract could go to 2025 Glencore bought only a small portion of a potential 6.9 million metric tons of aluminum it could have bought in 2020 to 2022. Reuters | September 18, 2023 | 9:19 am
Erdogan asks Musk to build Tesla factory in Turkey Tesla currently has six factories and is building a seventh in Mexico. Reuters | September 18, 2023 | 6:47 am
Adriatic Metals to begin production in Bosnia in November Miner is ready to kick off production at its Vares silver project, Europe’s first new mine in over a decade. Staff Writer | September 18, 2023 | 5:13 am