ArcelorMittal South Africa job cuts could rise above 4,000, union says
The company produces some 2.4 million metric tons of steel annually, about 4% of group output.
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Glencore plans job cuts at South African ferrochrome and vanadium operations
Problems with power cuts, rising electricity prices and economic pressures forced the joint venture to suspend production.
Chinese firm faces $420 million Zambia mine spill damages claims
As much as 1.5 million tons of waste were spilled in the disaster, according to estimates.
UK court approves Dundee’s $1.25B acquisition of Adriatic
With this approval, the deal is expected to go ahead and be completed on Wednesday.
Germany already met its 2028 goal for reducing coal-fired power
Germany has an interim 2028 target of reducing coal-fired power by 8.7 gigawatts.
British Columbia OKs Mt Polley copper-gold pit expansion
The Springer pit expansion adds about eight more years to the mine's life.
Swiss gold industry lobby rejects idea of US relocation
The government is trying to find ways to get President Donald Trump to lower his 39% tariff on Switzerland.
Gold futures hit all-time high on rate cut momentum
Spot gold was just $11 shy of a record high as well.
Capstone repairs slim Mantoverde copper output
The company expects a four-week repair window and estimates a 3,000–4,000 tonne reduction in copper-in-concentrate during the period.
