November 1, 2022

World’s top battery maker CATL grabs stake in DRC cobalt-copper miner

The world's top battery maker is taking an almost 25% stake in CMOC Group, formerly known as China Molybdenum.

November 1, 2022

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. 

October 31, 2022

Responsible Minerals Initiative cuts ITSCI from approved traceability list

ITSCI is a private sector scheme monitoring tin, tantalum and tungsten mines in Democratic Republic of Congo, Rwanda, and Burundi for human rights abuses.

October 31, 2022

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.

October 30, 2022

How green material producers, buyers can capture the green premiums

Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.

October 29, 2022

Mali industrial gold output at risk of missing targets, says ministry

Output remains below the 47.1 tonnes produced by this time last year. 

October 28, 2022

South Africa, Indonesia get $1 billion to close coal plants

The allocation of $500 million each to the coal-dependent countries will come in the form of “concessional,” or low cost, finance, the World Bank-affiliated fund said in a statement.

October 28, 2022

RANKED: The world’s top 10 most valuable base and precious metal mines

Ranking is topped by a polymetallic mine in Russia’s arctic boasting ore with a value of nearly $900 billion at today’s prices.

October 28, 2022

Gold Fields, Yamana heads defend takeover deal as top investor balks

Gold Fields CEO Chris Griffith says he “remains confident" and hopes to get the majority of investors on board by the time shareholders vote on the transaction.

October 28, 2022

Top investor opposes Gold Fields’ takeover of Yamana

Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.