Glencore reaches agreement with the DRC over corruption
Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from
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News
Rio Tinto progresses strategy to strengthen, decarbonise and grow
LONDON – Rio Tinto is today providing an update at its Investor Seminar on progress against its long-term strategy to
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Platinum surplus forecast for 2022 revised downwards to 804 koz
The thirty-third Platinum Quarterly data set examines activity in the third quarter of 2022. It also includes an updated forecast for 2022 and a first forecast
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Anglo American sources 100% renewable electricity for Oz operations
Anglo American has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for
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Rio Tinto, BHP and Fortescue launch pilot program to create safer workplaces
PERTH, Australia – Rio Tinto, BHP and Fortescue are launching an innovative pilot program aimed at helping to eliminate disrespectful
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Should Russia’s gold pay for Ukraine’s war damages?
Kremlin spokesman Dmitry Peskov said Western countries used sanctions to steal its gold and foreign exchange reserves to transfer them
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Glencore blames war, weather and industrial action for changed guidance
Operational performance over the third quarter was impacted by a range of events including extreme weather in Australia, industrial action at
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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
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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
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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,
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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
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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
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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
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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
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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
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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,
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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