Amplats says on track to demerge in 2025, plans secondary London listingAmplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.Reuters | July 22, 2024 | 6:55 am
Chart: Which countries are falling behind in gold mine productionIndia tops the global ranking with demand nearly 50 times…Staff Writer | July 21, 2024 | 11:38 am
Boliden’s Q2 earnings disappoint despite near fivefold riseThe miner said higher metal prices boosted its earnings, while…Reuters | July 19, 2024 | 6:52 am
BHP targets Anglo American in bid valued at $39 billion Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade. Bloomberg News | April 24, 2024 | 3:39 pm
Pressure on gas and LNG prices to help switch from coal, says JP Morgan The sharp growth in gas supply and the drop in prices could lead to a rapid conversion from coal to gas, the bank said. Reuters | April 24, 2024 | 7:57 am
Hochschild keeps production targets, dividend resumption uncertain Gold output hit 45,937 ounces in Q1, up from 39,730 ounces from last year, with a small initial contribution from Mara Rosa, in Brazil. Cecilia Jamasmie | April 24, 2024 | 3:22 am
World’s biggest energy traders are returning to metals markets Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits. Bloomberg News | April 24, 2024 | 1:23 am
Five Eyes countries working to fight critical minerals dumping, Canada minister says Alliance partners are working on putting forward a response to tackle the price manipulation of critical metals. Reuters | April 23, 2024 | 4:52 pm
ESG Watch: Why climate change is leaving mining firms between a rock and a hard place By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%. Reuters | April 23, 2024 | 4:40 pm
LME takes aim at traders’ Russian metal games with new rules New measures designed to undercut the economic rationale for withdrawing Russian metal already on the LME and selling it back on the exchange under a less-desirable category. Bloomberg News | April 23, 2024 | 2:49 pm
European firms, banks must boost investment in critical minerals, official says The European Commission has estimated that the EU will require 18 times more lithium in 2030 than in 2020 and fives times more cobalt. Reuters | April 23, 2024 | 10:21 am
Anglo American bullish on copper outlook, cuts diamond targets It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories. Cecilia Jamasmie | April 23, 2024 | 5:35 am