April 22, 2020 Glencore takes giant Congo cobalt mine private Shares in Toronto-listed Katanga Mining surged 113% after the announcement.
April 22, 2020 Petra moves towards $650 million debt restructuring The company announced in February it was looking at strategic options in relation to its debt due in 2022.
April 21, 2020 Anglo Asian’s Azerbaijan gold output declines 8% yr/yr in Q1 Total production declined to 18,216 gold-equivalent ounces, compared to 20,287 in the same period last year.
April 21, 2020 Sprott can’t keep up with demand as turmoil spurs gold rush Investors are rushing to put their money into gold as the coronavirus pandemic roils markets worldwide.
April 21, 2020 Wescoal says Eskom declares force majeure on coal supply agreements The force majeure would apply from April 16 until one month after national lockdown has been completely lifted.
April 21, 2020 Swiss gold exports to US jump to at least eight-year high Shipments rose to 43.2 tonnes, the highest in data going back to 2012.
April 20, 2020 Citi vows to stop working with thermal coal-mining companies By 2025, the bank won’t provide underwriting and advisory services to the industry and will cut its credit exposure in half.
April 20, 2020 Oil plunges below zero for first time in unprecedented wipeout The price on the futures contract for West Texas crude fell into negative territory - minus $37.63 a barrel.
April 20, 2020 Eskom notifies coal suppliers of potential force majeure on contracts Company has put some of its generation units out of service because of the drop in demand.
April 20, 2020 Glencore to reopen mines if deal with Zambian govt reached The mines minister said the company is "fishing" for ways to lay off workers.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
