Vitol, Trafigura to bid for coal mines once owned by Guptas
Bids for Optimum are expected to be finalized by the end of November, with due diligence starting on Monday.
Latest Stories
Balking miners jeopardize $2.8B Mozambican coal rail
Failing to get the project off the ground would deprive Mozambique of a source of revenue it’s come to rely on. Coal is Mozambique’s biggest export.
Eco-group tells hearing Frontier oil sands megaproject would be a ‘carbon disaster’
But Teck Resources says it will have the most advanced emission-control system in oil sands.
Lynas shares jump on Malaysia review comments
Shares in Australian rare earths miner Lynas Corp jumped 12 percent on Friday after Malaysia's prime minister downplayed the roles of two Lynas critics.
Mali expects 2018 industrial gold output to rise 21 pct
Head of the mines division said a previous production forecast of 59.3 tonnes of gold for 2018 had been marginally increased.
Gold’s bottom could be investors’ lost treasure
Get ready, gold bulls: The precious metal could be close to finding a bottom.
LME launches new contracts with steel, alumina best placed to succeed
The new products range from hot rolled coil (HRC) steel to alumina, the raw material for aluminium, as well as cobalt, which is key for EV batteries.
Dutch eye tax on heavy polluters to fund climate goals
In draft proposals, the government said it would introduce extra levies on CO2 emissions for different sectors to push companies to clean up their acts.
Battle lines drawn for London Metal Exchange
Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.