August 4, 2022

Zinc price highest since March as energy crunch threatens smelters

Glencore warned that Europe’s energy crisis poses a substantial threat to supply.

August 4, 2022

Russia becomes India’s third-largest coal supplier

Steep discounts offered by Russian suppliers to Indian consumers have incentivized higher buying of thermal coal.

August 4, 2022

Petropavlovsk to sell Russian assets for $600m to UMMC

Petropavlovsk went into administration in July after sanctions on Gazprombank, its main lender and the sole buyer of its gold, left it unable to repay loans.

August 4, 2022

Condor Gold shares jump on La India test results

Final tests results indicate a metallurgical recovery of 91% over the life of the open pit gold mine in Nicaragua.

August 4, 2022

New ways to deal with arsenic in Chile’s copper mines

Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines.

August 4, 2022

Glencore profit more than doubles thanks to soaring coal price

The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.

August 3, 2022

Ferrexpo’s half-year profit tumbles on higher costs

The Ukraine-focussed miner saw a hit from higher costs and lower production volumes as it grappled with inflationary woes and energy prices.

August 3, 2022

Analysts slash platinum and palladium forecasts amid global slowdown

Platinum prices have fallen from a 9-month high of $1,179.81/oz in March to around $900.

August 3, 2022

Global copper and nickel smelting slides in July, satellite data shows

Smelting activity was hit by weakness in China and the biggest mining region South America.

August 2, 2022

Nornickel reduces nickel, palladium sales in H1 as supply chains disrupted

Nornickel's first-half sales of nickel fell by 6%, palladium by 4% and platinum by 18%.