February 3, 2024

Putin signs decree allowing transactions with Russneft shares

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

February 2, 2024

Gabriel Resources says share surge unrelated to arbitration outcome

In 2015, the company initiated arbitration process before ICSID after the Romanian government blocked its flagship Roșia Montană project.

February 2, 2024

LME clearing house reshuffles management

LME clearing house has reshuffled its management team with the appointment of a new COO, a CRO and head of clearing risk.

February 2, 2024

Germany invests $1.1bn to counter China on raw materials

The state fund will focus on cobalt, copper, lithium, silicon, rare earths projects, including in extraction, processing and recycling.

February 1, 2024

Hydro to invest 180 million euros in new Spanish aluminum recycling plant

The plant will produce 120,000 metric tons of low-carbon metal for Europe's energy transition plan, Hydro says.

February 1, 2024

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.

January 31, 2024

Northern Graphite shares up on news of battery materials group launch

The new entity was formed through the acquisition of the assets and R&D team of the battery division of Germany’s Heraeus Group.

January 31, 2024

Gold demand to hit record with central bank buying, WGC says

Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the OTC market, the World Gold Council says.

January 31, 2024

Swiss ban Russian diamond imports, joining latest EU sanctions

Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December.

January 31, 2024

Metals sanctions are dividing the biggest traders and banks

The latest UK sanctions on Russia are creating new fault lines across the global metals world.