February 8, 2024

‘Silver is the new gold’ as Egyptians try to protect savings

The price of one gram of silver more than doubled in a year but at about 47 Egyptian pounds, it remains far cheaper than gold.

February 7, 2024

Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp

The deal would value the Belgian company, founded in 2020, at $275 million.

February 7, 2024

Some Russian banks may have swapped gold for dollars, report says

Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.

February 7, 2024

Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor

They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail.

February 6, 2024

Aurubis Q1 profit misses forecast on lower metal prices

The decline was driven by a 16% drop in earnings for the metal recycling segment.

February 6, 2024

French government flags fresh funds for nickel rescue

The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore.

February 5, 2024

Cornish Metals shares rise on new drill results from tin project in Cornwall

The company reported results from the first six drill holes of the ongoing 9,000 metre Carn Brea drill program.

February 5, 2024

Anglo CEO says he can run sprawling miner better than any activist

Anglo’s production pullback has led some investors and analysts to call for more action.

February 4, 2024

Argentinian, German officials meet to discuss critical minerals

An Argentinian delegation travelled to Germany to promote the country’s critical mineral resources.

February 3, 2024

Putin signs decree allowing transactions with Russneft shares

Glencore previously owned around 24% of Russneft's share capital.