Month: May 2024
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Featured
Vedanta seeks deals with traders to help fund Zambia copper mine
Vedanta Resources Ltd has approached trading houses as it seeks to raise capital to revive the Konkola copper mining and…
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Featured
China’s CMOC reports jump in copper and cobalt output
Chinese miner CMOC’s first-quarter copper and cobalt production was up by 123% and 392% respectively, it said on Monday. The…
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Featured
Half of all copper mining is at drought risk with climate change
As projections for all the copper needed in the clean-energy transition help send prices of the wiring metal to two-year…
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Featured
Harmony raises gold output forecast
South Africa’s Harmony Gold on Tuesday raised its gold output forecast for the year to June 2024 by nearly 5%…
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Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian…
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Featured
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off…
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Featured
Anglo American takeover price needs to surpass £30/share, survey shows
A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher…
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Featured
Barrick CEO ‘can’t see any reason’ for in-person annual meetings
Barrick Gold Corp.’s chief executive officer says the gold miner will continue to host virtual-only annual general meetings despite calls…
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Featured
Congo M23 rebels claim control of smartphone mineral mining town
M23 rebels in eastern Democratic Republic of Congo have taken control of Rubaya, a key mining town for the smartphone…
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Featured
Zimbabwe’s sole nickel mine placed under administration
Zimbabwe’s only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting…
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