Nornickel’s 2023 profit slumps 51% on falling metal prices

Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.

Reuters | February 9, 2024 | 7:54 am

Dietary shift could generate same amount of power from renewables by 2050 as coal does today

Replacing 50% of animal products with alternative proteins by 2050 could free up enough agricultural land to generate renewable energy equivalent in volume to today’s coal-generated power, a new study shows.

Staff Writer | February 9, 2024 | 6:06 am

Green shoots for copper, nickel, zinc, aluminium prices

Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle.

Frik Els | February 8, 2024 | 4:20 pm

Global Reporting Initiative launches sustainability standard for mining at Indaba

While European Union sustainability reporting standards will soon come into effect, there is, as of yet, no sector standard for mining.

Amanda Stutt | February 8, 2024 | 11:59 am

Anglo American posts 24% rise in annual copper output

The company left its 2024 copper output guidance at 730,000-790,000 tons.

Reuters | February 8, 2024 | 9:59 am

Portuguese prosecutors seek to annul environment permit for Savannah lithium mine

The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals.

Reuters | February 8, 2024 | 9:44 am

Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal

Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers.

Reuters | February 8, 2024 | 7:15 am

‘Silver is the new gold’ as Egyptians try to protect savings

The price of one gram of silver more than doubled in a year but at about 47 Egyptian pounds, it remains far cheaper than gold.

Reuters | February 8, 2024 | 4:29 am

Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp

The deal would value the Belgian company, founded in 2020, at $275 million.

Reuters | February 7, 2024 | 9:58 am

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Amaroq gets enviro and social approvals for Greenland gold mine

Lundin weighs sale of zinc mines in Sweden and Portugal

London Metal Exchange mulls adding warehouse in Hong Kong

In race to regain rare earth glory, Europe falls short on mineral goals

Norge Mining awarded vanadium, titanium and iron ore extraction rights in Norway

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