September 10, 2024

Net zero needs more metals, but less extraction from the Earth

All the refined metals needed to reach net zero by 2050 will add up to less than the amount of coal mined in 2023 alone, according to Energy Transitions Commission.

September 10, 2024

Congo sells copper from Tenke to trio of trading heavyweights

Glencore, Mercuria and Trafigura are all buying copper from the DRC's state miner.

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.