February 5, 2024

Seabridge updates Kerr, Iron Cap inferred resources

An extra 5.9 million oz. of gold, 3.3 billion pound of copper, 55.4 million oz. of silver and 51 million lb. of molybdenum were added.

February 5, 2024

Anglo CEO says he can run sprawling miner better than any activist

Anglo’s production pullback has led some investors and analysts to call for more action.

February 5, 2024

Board to decide Vale’s presidency this week

Potential candidates for the position include former Vale president Murilo Ferreira.

February 5, 2024

Sibanye CEO pushes on with copper hunt after failed Zambian bid

The precious metals producer is still looking for copper assets to buy across the African copper belt.

February 5, 2024

Sumitomo cuts nickel output forecast in Madagascar due to system glitches

Japanese trading house slashed its output estimate of nickel at the Ambatovy project.

February 5, 2024

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.

February 5, 2024

Zambia to start trading its own copper, competing with Glencore

The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.

February 5, 2024

Lynas Rare Earths quits tie-up talks with MP Materials

Lynas Rare Earths said confidential talks have ended with MP Materials for a possible merger.

February 5, 2024

Anglo American explores for copper, cobalt in Zambia

The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad.

February 5, 2024

Guinea’s SMB to invest up to $1 billion to boost bauxite exports

Guinea's leading bauxite producer will upgrade its river terminals and buy vessels.