December 15, 2022

Mineral Resources offers $270m for remaining Norwest Energy stake

The offer price represents a 33.3% premium to Norwest's last closing price.

December 15, 2022

Goldman says commodities will gain 43% in 2023 as supply shortages bite

The bank sees copper jumping to $10,050 a tonne from around $8,400.

December 14, 2022

Trafigura to pilot sustainable supply chain finance program for Mexican miners

The company is piloting a sustainable supply chain finance program with eFactor Network for mining companies in Mexico.

December 12, 2022

Banks have loopholes to keep financing coal, study says

A survey of 25 European banks by nonprofit ShareAction reveals the industry is also underreporting its support of high-carbon sectors.

December 8, 2022

Trafigura posts record $7 billion profit in blowout year

Earnings more than doubled in the 12 months through September, Trafigura said.

December 7, 2022

Glencore asks Russian court to halt Sberbank’s 117m euro claim, move hearings to Singapore

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

December 5, 2022

Manchin’s energy-permitting reform bill may get another chance

A previously-stalled legislative effort to fast-track energy projects could be attached to a must-pass defense bill.

December 5, 2022

Glencore pays $180 million to Congo to settle corruption claims

Deal is the latest payment in a series of graft cases Glencore has faced and covers all alleged corruption activities between 2007 and 2018.

December 1, 2022

Congo agreed to pay Gertler’s company $250m in resources deal

The Israeli businessman is accused of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals.

November 29, 2022

Dubai’s ENOC denies gold-for-oil barter talks with Ghana

Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank.