Sibanye-Stillwater may cut thousands of jobs at gold mines in South Africa
The miner will enter into consultations with stakeholders, which could impact 1,959 employees and 465 contractors.
Latest Stories
Record central bank buying lifts global gold demand, WGC says
Buying by central banks in the third quarter took their purchases for the year to 673 tonnes, more than the total purchases in any full year since 1967.
Green energy transition, structural changes to sustain much higher rare earth prices
New report says China now imports half its heavy rare earths while demand from EVs, renewable energy is absorbing higher prices.
Breaking China’s grip on rare earths markets a ‘pipe dream,’ Australia says
“That’s a country that has seen this need coming and made the most of it,” Resources Minister Madeleine King told Bloomberg News in an interview.
Western Copper and Gold updates permitting for Casino project in Yukon
Western Copper has been in discussions with the YESAB on how to address changes in assessment methods, environmental base practices and enhancements to the Casino project.
Argonaut completes financing package for Magino gold mine
The company has arranged a term loan of $200 million and a revolving credit facility of $50 million for development and construction of an open pit and conventional mill.
Mexico, US plan clean energy hub along border, AMLO says
Mexico is looking to build five large solar plants, to help remodel car factories for electric vehicles and produce batteries and semiconductors in the state of Sonora.
EV battery production faces supply chain, geopolitical headwinds – report
S&P Global also said soaring prices of critical battery metals threaten the profit margins of suppliers and automakers.
China shows the LME there are still buyers for Russian metal
More than half of the copper in LME warehouses -- much of which was of Russian origin -- has been ordered out for delivery in the past three weeks.