Anglo American’s El Soldado mine faces charges for environmental breaches in ChileAnglo subsidiary faces possible revocation of its environmental permit, closure or a fine of over $12 million if it does not address the issues.Staff Writer | December 9, 2024 | 4:27 pm
Germany to backstop Savannah’s spodumene lithium project in PortugalThe loan guarantee underscores the sense of urgency in Germany…Trish Saywell | December 9, 2024 | 8:27 am
Lundin sells European mines to Boliden for up to $1.45 billionNeves-Corvo in Portugal and Zinkgruvan in Sweden will nearly double…Cecilia Jamasmie | December 9, 2024 | 3:43 am
How one of the tiniest oil markets cost Trafigura over $1 billion Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees. Bloomberg News | November 3, 2024 | 9:10 am
Visualizing the EU’s critical minerals gap by 2030 This graphic underscores the scale of the challenge the bloc faces in strengthening its critical mineral supply by 2030. Visual Capitalist - Elements | November 1, 2024 | 9:56 am
Euro Sun, Glencore enter MOU for offtake on Rovina Valley project Euro Sun considers Rovina Valley to be one of the largest undeveloped copper-gold projects in Europe. Staff Writer | October 31, 2024 | 9:28 am
UBS expects copper price to average $10,500 in 2025 Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and defense needs. Reuters | October 31, 2024 | 4:13 am
Abandoned copper mines embraced as fast track to boost output A range of companies are firing up abandoned assets once seen as financial liabilities to fast-track significant volumes of supply. Reuters | October 30, 2024 | 11:55 am
Workers at Europe’s dirtiest power plant wary of life after coal The Belchatow plant generates around 20% of Poland's electricity. Reuters | October 30, 2024 | 10:34 am
Iron ore price rangebound as EU tariff hike woes counter China’s fiscal stimulus optimism The EU has decided to increase tariffs on Chinese-built EVs to as much as 45.3%. Reuters | October 30, 2024 | 7:07 am
Glencore posts lower metals output for first nine months, reiterates outlook The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons. Reuters | October 30, 2024 | 1:22 am
Gold price scales $2,800 amid US election uncertainty Under a Trump-win scenario, markets are focused on the implications of wider tariffs, as well as inflationary pressures as a result of such tariffs. Staff Writer | October 30, 2024 | 1:12 am