Botswana sets aside $65m to buy 24% stake in gem trader HB AntwerpThe deal would value the Belgian company, founded in 2020, at $275 million.Reuters | February 7, 2024 | 9:58 am
Some Russian banks may have swapped gold for dollars, report saysRussia has faced a shortage of dollars and euros as…Bloomberg News | February 7, 2024 | 8:51 am
Aurubis Q1 profit misses forecast on lower metal pricesThe decline was driven by a 16% drop in earnings…Reuters | February 6, 2024 | 9:58 am
Governments must speed up mine permits to meet transition needs – Teck CEO "Miners need to do a better job not just meeting, but exceeding ESG expectations," said Jonathan Price. Reuters | June 1, 2023 | 7:35 am
Global production of critical metals unlikely to meet EU demand Researchers say metal shortage could put the brakes on the EU’s electrification goals. Staff Writer | June 1, 2023 | 5:15 am
Renewable energy capacity to hit record growth in 2023 – IEA Renewable power capacity is expected to jump by 107 gigawatts the largest absolute increase ever, to more than 440 gigawatts in 2023. Cecilia Jamasmie | June 1, 2023 | 5:06 am
Anglo American reorganizes in pursuit of growth as finance boss retires Finance director Stephen Pearce will retire this year and the company will consolidate its production businesses into two regions. Reuters | May 31, 2023 | 8:34 am
Commodity crash signals disinflation is taking hold for now From copper to wheat to natural gas, the cost of some of the world’s most important products is crashing. Bloomberg News | May 31, 2023 | 8:30 am
LME launches two consultations on reforms in wake of nickel crisis The first consultation will be on a requirement for warehouses to report the amount of all stored metal. Reuters | May 31, 2023 | 8:28 am
Portugal gives environmental green light for Savannah’s lithium mine The company received preliminary approval for the EIA for its Barroso open-pit mine. Reuters | May 31, 2023 | 7:57 am
EU seeks critical minerals deals with more African countries So far the EU has signed partnerships with countries such as Canada, Kazakhstan, Namibia and Ukraine. Reuters | May 31, 2023 | 7:41 am
Glencore said to prepare sweetened Teck bid as deadlock drags on The situation remains fluid, and Glencore’s plans could still change, Bloomberg sources said. Bloomberg News | May 30, 2023 | 3:49 pm