August 7, 2024

Glencore ceases to stockpile cobalt

Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016.

August 7, 2024

Glencore scraps plans to ditch coal on investor pressure

Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.

August 6, 2024

Vedanta tops Q1 profit estimates on higher aluminum, zinc prices

Consolidated net profit surged 37% to 36.06 billion rupees (around $430 million).

August 6, 2024

ERA sues Australia’s resources minister after lease for uranium deposit not renewed

The Jabiluka deposit in Australia's Northern Territory is surrounded by the world heritage-listed Kakadu rainforest.

August 6, 2024

AngloGold says free cash flow to double in second half

The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings.

August 5, 2024

Glencore to pay $152 million fine in bribery case

Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.

August 5, 2024

Aurubis slides after Q3 earnings miss

Shares in Aurubis fell as much as 8.8% after earnings at Europe's largest copper producer missed expectations.

August 5, 2024

Vedanta plans debt refinance to cut funding costs after upgrade

The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028.

August 5, 2024

Agnico, Barrick dominate top Canadian miners

Agnico runs the country’s biggest gold mines by output: Detour Lake and Canadian Malartic.

August 3, 2024

Endeavour maintains gold production target amid Senegal strike

The company said in April it’s on track to achieve full-year guidance of between 1.13 million ounces and 1.27 million ounces.