Gold price heads for yearly gain as market eyes rate cuts in 2024Bullion was steady on the final trading day, putting it on track to end the year about 13% higher.Bloomberg News | December 29, 2023 | 8:44 am
Nickel is year’s biggest metals loser, copper manages small gainNickel is poised to post an annual drop of more…Bloomberg News | December 29, 2023 | 8:37 am
Analysis: Gold set for further record prices in 2024 and 2025Gold prices have been setting annual records for the past…Jeffrey M. Christian | December 28, 2023 | 8:29 am
Glencore has three weeks to keep $23 billion Teck bid alive Glencore, which is working with Citigroup, has indicated its deal would be dead if Teck investors approve the split later this month. Bloomberg News | April 4, 2023 | 2:37 pm
Anglo American, Sweden’s H2 Green Steel to work on low-carbon steelmaking processes The agreement includes studying and trialling the use of iron ore products from its Kumba mines in South Africa and Minas-Rio mine in Brazil. Reuters | April 4, 2023 | 9:50 am
Swiss court upholds corruption ruling against mining magnate Steinmetz Beny Steinmetz was sentenced two years ago in one of the mining industry's most high-profile legal disputes. Reuters | April 4, 2023 | 7:19 am
Mine waste finds new life as source of rare earths Sweden, South Africa and Australia are at the forefront of a push to transform piles of mine waste and by-products into rare earths. Reuters | April 4, 2023 | 6:02 am
Glencore not giving up on Teck takeover CEO Gary Nagle said Glencore's offer creates better value for shareholders all around than the one Teck is currently proposing. Nelson Bennett- Business in Vancouver | April 3, 2023 | 3:37 pm
Glencore’s bid for Teck shows it’s willing to abandon coal The Teck proposal “shows that Glencore do see merit in spinning off coal, which they’ve never said before,” a portfolio manager said. Bloomberg News | April 3, 2023 | 2:07 pm
Factbox: Automakers accelerate the drive to secure battery raw materials Rising demand for EVs is encouraging automakers such as Tesla, Volkswagen and Stellantis to step up efforts to secure raw materials. Reuters | April 3, 2023 | 7:57 am
Teck rejects unsolicited $23bn takeover bid from Glencore Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources. Cecilia Jamasmie | April 3, 2023 | 4:03 am
Europe’s lone lithium refinery prepares for new wave of rivals For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe. Bloomberg News | March 31, 2023 | 11:07 am