Trafigura seeks control of Zimbabwe’s metals for unpaid debts
Under the agreement, Trafigura will be paid $225.6 million by nickel and goldmining subsidiaries of state-run Kuvimba Mining.
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Nexa production drops, but financial results rise in Q1
One of the largest zinc mining companies in the world, the company reported consolidated net revenue of $722 million, compared to $603 million in the same period of 2020.
Gold price back above $1,900, but still on pace for monthly drop
Also lifting the safe-haven metal's appeal, data showed the US economy unexpectedly contracted in the first quarter.
Column: Europe urgently needs an accelerator in the critical metals race
The region's import dependency on enabling metals was already high and has turned critical since Russia's invasion of Ukraine, writes Andy Home.
CATL earnings drop as battery giant posts large derivatives position
CATL’s shares have fallen 30% this year.
Antofagasta opens remote operations centre at Centinela mine
The Chilean miner inaugurated this week a $66 million IROC for its Centinela copper mine in the country’s north.
Zambia’s ZCCM-IH to appoint adviser to restructure Mopani Copper Mines
Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking for a new investor for the mine since.
Chile’s March copper production falls 7.2%, manufacturing output up 3.3%
Both Anglo American and Antofagasta have reported drops in production due to water availability issues exacerbated by a historic drought that's affected the country for more than a decade.
Climate change commitments unlikely to be met despite massive growth in renewables – report
A report by McKinsey projects renewables’ share in power generation to double in 15 years.
