Glencore Energy is fined for bribes by UK Serious Fraud Office
Glencore Energy UK Limited will pay a financial penalty and costs of £280,965,092.95 in respect of the previously announced resolution of the UK
Read more
News
BHP delivers safe and reliable operational performance Q 9/2022
BHP Group continued to deliver safe and reliable operational performance during the quarter. All production and unit cost guidance remains
Read more
Gemfields: Neighbouring ruby mine attacked, MRM evacuation plan initiated
LONDON – Following an update on 30 August 2022, in which Gemfields announced increased vigilance regarding the Cabo Delgado insurgency,
Read more
The UK energy crisis: How prices became so high
According to government reports Britain’s new prime minister Liz Truss is planning to freeze household energy bills at broadly the
Read more
Pan African closes transaction to acquire Mintails SA assets
Rosebank – Pan African Resources has closed the transaction to acquire the total share capital and claims of Mogale Gold
Read more
Over 30,000 visitors at this year’s Electra Mining Africa
Celebrating 50 years this year, Electra Mining Africa saw thousands of buyers and sellers coming together at the Expo Centre
Read more
Hanson to build UK’s first net-zero cement plant
Hanson UK plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming
Read more
Electra Mining Africa: New features, products and learning
Celebrating 50 years this year, Electra Mining Africa is pulling out all the stops to deliver an event that continues
Read more
Newmont updates 2022 outlook due to impacts on gold production
Newmont is providing updated 2022 outlook due to impacts on gold production estimates in the first half of the year,
Read more
World may soon be teetering on the edge of a global recession, IMF
The International Monetary Fund has a severe recession warning as it forecasts slower growth for this year and next, according
Read more
GLENCORE: mixed results for half-year 2022
In Glencore’s Half-Year Production Report 2022, Chief Executive Officer, Gary Nagle wrote: “Overall production was mixed period-over-period (5 commodities up
Read more
Anglo American Platinum confident in achieving full-year guidance
Looking at the remainder of the year, inflationary pressures will continue to have an impact on mining inputs, as well
Read more
Anglo American: copper production down 21% due to lower grades and water shortages
Anglo American, a leading global mining company, reported Thursday that its Q2 2022 copper production decreased by 21% y-o-y to
Read more
Rio Tinto strengthens operational performance across its portfolio
MELBOURNE, Australia – Q2 2022 operational highlights and other key announcements were brifed in Rio Tinto Chief Executive Jakob Stausholm’s
Read more
The US, EU and China should recognise their critical mineral status
Earlier this year, the United States Geological Survey (USGS), the science agency for the United States (US) government’s Department of
Read more
Tailings challenge: Advancing tailings re-processing solution BHP
Auxilium Technology Group (ATG), a startup connected to the University of Arizona, in collaboration with Metso Outotec, is one of
Read more
Demand for Russian metals remains robust despite sanctions
Russia produces typically 3% to 6% of global metals supply and significantly more of the world’s palladium and high-quality iron-ore
Read more
Inflation at 5-year high – and worse is to come, warn economists
Consumer inflation has hit its highest level in five years, at 6.5% – but it can still get worse, economists
Read more
EU to ban Russian coal from August 2022, followed by ban on oil products
The war in Ukraine is transforming energy and commodity markets. Oil prices are constantly above US$100/bbl and diesel has been
Read more
Glencore expects more normal commodity market conditions
Glencore industrial coal portfolio produces various quality specifications in three countries, destined primarily for seaborne thermal markets, but also for
Read more
Sibanye strike: Mantashe’s tyrany, irrationality or pure incompetence?
Gwede Mantashe’s unlawful attempt at coercion fails the test of the Rule of Law.In purported compliance with section 47 of
Read more
Glencore reaches coordinated resolutions with US, UK and Brazilian authorities
Glencore has resolved the previously disclosed investigations by authorities in the United States, the United Kingdom and Brazil into past
Read more
Platinum surplus due to residual pandemic effects and Ukraine war
Total platinum demand fell 10% (-168 koz) quarter-on-quarter in Q1’22, with strong automotive demand offset by an expected decline in
Read more
South Africa’s mine production value exceeds R1 trillion for the first time
Johannesburg – South Africa’s mineral production achieved record values in 2021, exceeding R1 trillion for the first time, buoyed by
Read moreSibanye-Stillwater: US PGM and recycling operations
Sibanye-Stillwater has reported that its US PGM operations remained constrained by the Mine Safety and Health Administration (MSHA) section 103(k)
Read more
Multiple loss-of-life incident at Kusasalethu gold mine
Johannesburg – Harmony Gold Mining Company has reported that four of its employees have tragically lost their lives following an
Read more
Government wants ban on scrap metal export to save railways, Eskom
South Africa’s Public Enterprises Minister Pravin Gordhan has called for the export of scrap metal to be banned. This would
Read more
Azovstal no longer produces steel, nests last Mariupol resistance
Mariupol’s Azovstal Iron and Steel Works has always played a dominant role in the port city’s economy but it became
Read more
Ukraine’s economy to shrink by almost half this year due to war
The World Bank forecasts Russia’s invasion will cause more economic damage across eastern Europe and parts of Asia than the
Read more
President Biden bans the import of Russian oil
President Biden has signed an Executive Order (E.O.) to ban the import of Russian oil, liquefied natural gas, and coal
Read more