Barsele takes over Gold Line while advancing Agnico-led project in SwedenA rough calculation using Tuesday’s closing share price shows the deal is valued at about C$6.6 million.Colin McClelland | December 13, 2023 | 8:26 am
Glencore to update climate plan in 2024 after investor pressureMore than 30% of Glencore's investors, including BlackRock, rejected the…Reuters | December 13, 2023 | 8:19 am
Boliden plans to restart Europe’s biggest zinc mine in second quarter of 2024The company is planning to resume wage negotiations with around…Reuters | December 12, 2023 | 7:46 am
Germany in talks with coal giant to end mining eight years early Germany wants to phase out coal in 2030. Now it needs to get the companies to help it comply. Bloomberg News | March 16, 2023 | 12:22 pm
Lockheed Martin sells deep-sea mining firm to Norway’s Loke UK Seabed Resources holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone. Reuters | March 16, 2023 | 10:43 am
EU tags copper and nickel as strategic, but industry wants more The Critical Raw Materials Act (CRMA) unveiled by the EU adds the two major industrial metals to a list that had previously focused on more niche minerals. Reuters | March 16, 2023 | 10:06 am
Glencore won’t renew Rusal aluminum deal as things stand Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer. Bloomberg News | March 16, 2023 | 8:03 am
Glencore CEO says his company is cheapest way to benefit from copper price boom Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year. Bloomberg News | March 16, 2023 | 7:40 am
Moody’s upgrades global metals & mining outlook to stable The investors service maintained its 12-month price assumptions and medium-term sensitivity ranges for all commodities except coal. Staff Writer | March 15, 2023 | 11:40 am
Polyus reports 27% drop in core profit as sales fall Net profit declined 32% to $1.6 billion on the back of a 14% fall in revenue to $4.3 billion. Reuters | March 15, 2023 | 10:45 am
BHP potentially faces $44 billion bill in Brazil dam case The lawsuit, one of the largest in English legal history, was thrown out in 2020 before the Court of Appeal ruled in July that it could proceed. Reuters | March 15, 2023 | 10:20 am
Gold price rebounds as fresh banking crisis hits risk appetite The latest rally comes despite a sharp jump in the US currency, which would usually weigh on demand for the greenback-priced bullion. Staff Writer | March 15, 2023 | 10:15 am