Europe Top Stories

$1 billion SPAC deal shows how mining supply chains are breaking up

INTERVIEW: Artem Volynets of ACG Electric Metals wants to roll up critical metals industry one mine at a time.

Frik Els | June 22, 2023 | 3:23 pm

Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom

Planemakers are trying to find alternatives to Russia's VSMPO-Avisma, a…

Reuters | June 22, 2023 | 8:23 am

Volkswagen’s EV battery effort keeps its executives up at night

Chief Financial Officer Arno Antlitz said the company remains open to…

Bloomberg News | June 22, 2023 | 7:29 am

Polyus board decides against keeping London GDR, ADR listings

Washington last month included Polyus and Polymetal's Russian business on…

Reuters | June 22, 2023 | 7:23 am

LME failed to probe Tsingshan before nickel chaos, London court hears

Hedge fund Elliott Associates and market maker Jane Street Global…

Reuters | June 22, 2023 | 7:19 am

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

Cecilia Jamasmie | June 22, 2022 | 10:13 am

CEO of sanctions-hit Nordgold steps down

Nordgold produces about one million troy ounces of gold a year from eight mines in Russia, Burkina Faso, Guinea, and Kazakhstan.

Reuters | June 22, 2022 | 8:13 am

Russia eyes new rules on state’s gold, gem sales amid war

The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.

Bloomberg News | June 21, 2022 | 12:34 pm

Pathways to sustainable smelting

As major economies march towards a net-zero future, there is a growing endeavour to produce metals with little-to-no carbon footprint.

Wood Mackenzie | June 21, 2022 | 11:42 am

Column: Global aluminum production pendulum swings back to China

China produced a record 3.42 million tonnes of primary aluminium in May as the country's smelters continue to ramp up run-rates.

Reuters | June 21, 2022 | 9:50 am

Switzerland imports Russian gold for first time since war

Switzerland received 3.1 tonnes of gold worth around $200 million from Russia in May, accounting for around 2-3% of its total gold imports.

Bloomberg News | June 21, 2022 | 9:18 am

EU leaders to keep sanction pressure on Russia, gold flagged as new target

European Union leaders are set to keep pressure high on Russia at a summit this week when they will underline that work continues on sanctions.

Reuters | June 21, 2022 | 8:55 am

Glencore unit pleads guilty to bribery in Africa

Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries.

Cecilia Jamasmie | June 21, 2022 | 3:48 am

China’s alumina exports soar to fill Russian shortages

The 190,000 tons shipped in May brings the year-to-date figure to 380,000 tons, nearly 1,000% higher than the same period in 2021.

Bloomberg News | June 20, 2022 | 10:01 am

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