October 27, 2021

Implats in talks to become a platinum metals giant

Impala Platinum is in talks to buy its smaller rival Royal Bafokeng Platinum.

October 27, 2021

Copper price to extend slump in 2022 as mines ramp up, China weakens

Copper prices are due to extend their decline next year from record levels touched in 2021 as mine supply ramps up and economic growth tapers in top market China.

October 27, 2021

Teck posts surge in profit on higher steelmaking coal prices

Company reported an eight-fold jump in third-quarter adjusted profit on Wednesday, driven by higher prices for steelmaking coal.

October 27, 2021

Antofagasta to appeal US plan to block Twin Metals copper mine

The company said the move by the Forest Service was "politically motivated and completely unnecessary."

October 27, 2021

Buy a coal mine, get a bonus: Glencore makes fortune on Colombian deal

With coal prices soaring, Glencore will get a "fat cheque" from revenues when the deal closes in 2022.

October 27, 2021

Zimbabwe miners losing 20% of export proceeds to exchange rate distortions

Exporters are required to surrender 40% of their foreign currency earnings to the central bank, in exchange for local currency at the official rate.

October 27, 2021

Grupo Mexico net profit rises to $844m in third quarter

The company also reported a 28.9% increase in revenue year over year, to $3.65 billion.

October 26, 2021

Aluminum sector needs $1.5 trillion just to decarbonize power

Around 60% of the aluminium sector's emissions are from the production of electricity consumed in the smelting process, but investment is also needed to shift to green hydrogen, deploy carbon…

October 26, 2021

Botswana delivers first iron ore exports to China

Botswana’s first iron ore mine, Ikongwe, has started production and delivered its maiden exports to China.

October 26, 2021

Europe’s magnesium crunch poses another carbon conundrum

Magnesium seems to have slipped beneath the collective radar, writes Andy Home.