Mine fatality adds to pressure for Suncor Energy changes
A series of accidents have shaken confidence in Canada’s biggest oil-sands producer and led to calls for changes in management.
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Teck makes senior vice president appointments
Jeff Hanman has been named SVP, Sustainability and External Affairs and Tyler Mitchelson SVP, Copper Growth.
Codelco to start construction on desalination plant this year
Long-delayed $1 billion plant to supply its largest operations in northern Chile.
Marex nears $235 million deal for bulk of ED&F Man brokerage
The deal would cement its position as one of London’s largest commodities dealers.
Illegal gold mining in Amazon equivalent to half of Brazil’s production — report
According to Instituto Escolhas, there has been a seven-fold rise in deforestation caused by mining in the Amazon over the last seven years.
Gold to remain relevant as hedging asset in H2 despite headwinds — report
Despite headwinds created by rising interest rates, the strategic and tactical role of gold will likely remain relevant to investors during the second half of 2022, WGC says.
Volkswagen breaks ground on $20 billion battery unit’s first cell plant
The Salzgitter venture is one of six battery plants VW has planned for Europe.
Asante pours first gold at Bibiani mine in Ghana
The mine is expected to produce 175,000 ounces of the precious metal over the next 12 months, ramping up to 220,000 ounces the second year.
JPMorgan’s ‘big hitters’ of gold market face trial over spoofing
Michael Nowak, former managing director who ran the bank’s precious metals business, was once the most powerful person in the gold market.
