September 12, 2024

Vitol hires Glencore, Trafigura iron ore traders in metals push

The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol.

September 12, 2024

Russia’s Uranium One to build Bolivia’s first DLE plant

The $976 million direct lithium extraction plant will kick off operations in the second half of 2025.

September 12, 2024

Boliden flags delay, cost increase at Norway zinc smelter

The miner said the expansion of its Odda zinc smelter will take longer than expected due to a delay in construction work.

September 11, 2024

Lundin CEO says potential buyers are eyeing its European mines

Lundin’s two copper and zinc mining operations in Europe — Sweden’s Zinkgruvan and Portugal’s Neves-Corvo — went on sale earlier this year.

September 11, 2024

Dundee drilling near Čoka Rakita suggests camp-style copper-gold potential

A preliminary economic assessment in May proposing a 10-year mine producing 129,000 oz. gold per year.

September 11, 2024

Vedanta Resources raises $900 million via dollar bonds

The proceeds will be used to repay Vedanta's existing bonds and related transaction costs.

September 10, 2024

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total issued ordinary shares.

September 10, 2024

Kazatomprom warns Ukraine war makes it harder to supply west

"It is much easier for us to sell most of our production to Asian partners," CEO Yussupov told the FT.

September 10, 2024

Glencore billionaire Alex Beard appears at UK court accused of corruption

Beard, 57, was accused last month by the SFO of conspiring to make corrupt payments to government officials and state-owned oil firm employees in Nigeria and Cameroon.

September 10, 2024

EV slump powers platinum supply deficit, investment council says

The price of platinum has fallen about 4% this year to about $950 per oz.