Glencore to sell Philippine copper smelter to Villar family
The asset, the Philippine Associated Smelting and Refining (Pasar), has long served as a key logistics hub for Glencore.
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Banks channeled $385 billion into coal industry since COP26
In a 2021 climate summit, nearly 200 governments agreed to phase down coal, and major banks pledged to decarbonize.
How China tightened its grip over its rare earth sector
Through consolidation and quotas, Beijing has turned a once-unruly sector, responsible for 90% of rare earth processing capacity, into a powerful source of diplomatic leverage.
Aura Minerals seeks $210 million in US listing
The market value of Coconut Grove, Florida-based Aura has more than doubled this year.
Chile’s biggest copper windfall in years signals higher output
The country that accounts for about a quarter of the world’s mined copper shipped $4.7 billion worth of the metal last month.
Dundee receives environmental OK for underground gold project in Ecuador
The company said it has already completed an updated feasibility study and plans to release it in due course.
China’s PBOC keeps buying gold as reserves grow for eighth month
Bullion held by the People’s Bank of China rose by 70,000 troy ounces last month, according to data on Monday.
Luca logs high-grade gold, silver at Campo Morado deposit in Mexico
Luca is conducting 5,000 metres of drilling at the 121-sq.-km Camp Morado deposit this year as it targets near-mine resource expansion.
Barrick’s Twiga JV marks five years of growth Tanzania
Formed in 2019 to settle a tax dispute, Twiga has injected $4.79 billion into Tanzania’s economy since then.