September 10, 2024

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total issued ordinary shares.

September 10, 2024

Glencore billionaire Alex Beard appears at UK court accused of corruption

Beard, 57, was accused last month by the SFO of conspiring to make corrupt payments to government officials and state-owned oil firm employees in Nigeria and Cameroon.

September 10, 2024

China has more than 1 billion t/y of new coal mines in pipeline, report says

China mined a total of 4.66 billion tons of coal in 2023, a record high.

September 10, 2024

Coal India to spend $8 billion on coal-fired plants near mines

The state-owned miner has already won approval for 4.7 gigawatts of generation to be built over the next six to seven years.

September 10, 2024

MinRes gets review board’s nod for stake sale in Onslow Iron project

The company reported an 80% slump in its annual profit in August.

September 10, 2024

Cochilco lowers 2024 average copper price forecast

Cochilco on Tuesday lowered its forecast for the average price of copper in 2024 to $4.18 per pound.

September 10, 2024

Hybrid cars throw lifeline to platinum metals

PGMs - principally platinum and palladium - face a long-term structural decline in demand as their main use has been to clean auto exhausts.

September 10, 2024

Canada mulls surtax on Chinese critical mineral products, batteries, solar products

Canada said is launching a 30-day public consultation period on whether to slap a potential surtax on Chinese critical mineral products.

September 10, 2024

Northvolt to cut staff, halt some output as EV demand falls

Northvolt vowed last year to invest $5.7 billion (C$7bn) in Canada's Quebec province to set up a battery plant.

September 9, 2024

Anglo American hired advisers to sell two nickel mines in Brazil

The two assets produce together about 38,000 tons of nickel per year.