November 15, 2023

EU Commission proposes Russian diamond ban, tightening of oil price cap

The sanctions package also contains import bans on a number of metals.

November 15, 2023

European companies exploring ways to boost rare metal supply

China imposed restrictions on exports of the metals used in high-tech electronics from August.

November 15, 2023

Three initiatives lead the way in decarbonizing steel production

Aperam, SSAB and Tata Steel are at the forefront of steel decarbonization.

November 15, 2023

IAMGOLD moves to buy rest of Euro Ressources

The €3.50 per share offer represents a 6.71% premium based on Euro Ressources closing price on November 13.

November 14, 2023

Canada to ‘carefully’ review Glencore deal for Teck’s coal

Teck needs approval from 11 jurisdictions — including countries where it ships coal — to complete the sale of the business.

November 14, 2023

Russia: World market can’t make up for sanctions on supply of Russian diamonds

The G7 has been weighing various proposals on how to track the origin of diamonds coming into Western markets.

November 14, 2023

Britain’s leading geothermal power developer to produce lithium

Geothermal Engineering is raising $737 million to produce low-carbon lithium.

November 14, 2023

Lithium mine project hurdles will drive prices higher – Sibanye CEO

Sibanye is currently awaiting a decision on appeals against an environmental permit it received for the Rapasaari mine and concentrator, part of the Keliber lithium project.

November 14, 2023

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in Ottawa, Glencore is to pay $6.9 billion for 77% of Elk Valley Resources, Teck’s coal business.

November 14, 2023

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own coal assets before spinning off the combined unit.