December 22, 2023

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.

December 19, 2023

Trafigura’s Myra Falls mine on Vancouver Island idled indefinitely

Myra Falls Mining has sought creditor protection under the Companies’ Creditors Arrangement Act.

December 19, 2023

Singapore’s Atomionics taps gravity, AI in hunt for critical minerals

The company has signed contracts with three major mining companies as part of a strategy to pinpoint ore bodies of metals key to the energy transition.

December 18, 2023

Vedanta Ltd declares second interim dividend for FY24

The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades.

December 16, 2023

South African court denies class action against Anglo American

South Africa's High Court ruled that a class action lawsuit against Anglo American brought by victims of alleged historic lead poisoning in Zambia should not go ahead.

December 15, 2023

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

December 12, 2023

US sanctions Russian metals magnate Sviblov and gold, zinc firms

The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral.

December 6, 2023

Tycoon Agarwal’s India zinc arm to pay $305 million in dividends

Hindustan Zinc has been doling out dividends despite a tight net cash position.

December 5, 2023

i-80 Gold reports best drill hits yet at Ruby Hill in Nevada

Hole iRH23-42A returned 116.3 metres grading 10.1% zinc and 0.3 gram gold per tonne.

December 1, 2023

Fitch sees industrial metal prices falling in 2024, gold set to rise

London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.