June 5, 2024 Traders are desperate for copper deals and miners are cashing in Recent moves by cash-flush energy traders are raising tensions and sparking a scramble for contracts.
June 5, 2024 Glencore said to weigh selling stake in Kazakh miner Kazzinc The company has already sold zinc assets in Peru, and some of its smaller copper operations.
June 5, 2024 Rusal in talks to mine bauxite in Sierra Leone Rusal already has operations in neighboring Guinea.
June 5, 2024 Antofagasta to invest $1.5bn for water transport system at Chile copper mine Chile has suffered a 15-year drought.
June 5, 2024 De Beers aims to rebrand as top jewellery group De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.
June 5, 2024 BHP heads to mediation to avert strike at Spence copper mine BHP requested that the Chilean government mediate in talks with union leaders after workers voted to strike.
June 4, 2024 Sibanye hit by underground protest at South Africa mine The striking employees at Kroondal were aggrieved to not have received the annual ESOP payments made last Friday to Rustenburg and Marikana employees.
June 4, 2024 Magna reaches deal with Glencore to mill Crean Hill surface bulk sample The current agreement with Glencore is for the 109 FW zone surface bulk sample only.
June 4, 2024 Trafigura settles billionaire Reuben brothers’ nickel fraud suit Last year, the trader revealed it had paid nearly $600 million for nickel only to discover that the cargoes contained worthless rubble.
June 4, 2024 BHP faces test of patience after $49 billion Anglo bid fails Over the coming months, copper deals are unlikely to be far from executives’ minds.
Congo to allow cobalt quotas for 2025 to be executed until March 31 Congo accounts for more than 70% of global mined cobalt production that was estimated by analysts at around 280,000 metric tons this year. December 31, 2025 | 12:14 pm
