A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 billion roubles, or some 114.8 million euros, worth of shares in a lawsuit filed by Sberbank, according to the court.
Monday, April 15, 2024 - 23:28:22
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.
Monday, April 15, 2024 - 23:24:47
China’s state planner on Friday finalized a rule to set up a domestic coal production reserve system by 2027, aimed at stabilizing thermal coal prices and supplies to power plants.
Thursday, April 11, 2024 - 22:42:29
Iron ore futures prices drifted higher on Thursday as the latest soft data from top consumer China triggered renewed hopes of more stimulus in the second quarter to underpin its economy.
Thursday, April 11, 2024 - 22:38:15
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published on Thursday.
Thursday, April 11, 2024 - 22:33:35
Chile’s state-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt flats, Maricunga, in the first quarter next year, chairman Maximo Pacheco said on Monday.
Monday, April 15, 2024 - 23:22:03
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted land to Rio Tinto for a copper mine in Arizona, saying the land was sacred and culturally significant.
Monday, April 15, 2024 - 23:20:33
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a production slump and surging debt.
Monday, April 15, 2024 - 23:17:36
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply with new US and UK sanctions imposed for Russia’s invasion of Ukraine.
Saturday, April 13, 2024 - 23:06:35
Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming supply risks.
Thursday, April 11, 2024 - 22:40:50
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the groups said in a statement on Monday.
Monday, April 15, 2024 - 23:27:06
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police officers who were escorting Elevado Gold personnel up the Alto de Salle hill, in the Catamarca province.
Sunday, April 14, 2024 - 23:14:17
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing an uphill battle to cement a nascent rebound.
Wednesday, April 10, 2024 - 22:16:05
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a slower pace than in previous months as North American and Asian inflows cushioned European losses, the World Gold Council (WGC) said.
Tuesday, April 9, 2024 - 23:10:44
Copper traded near a 15-month high as supply concerns and brighter demand prospects triggered a slew of bullish calls on the market.
Tuesday, April 9, 2024 - 23:04:16
Australian mining group Berkeley Energia will take its dispute with Spain to international arbitration after the country refused to give final approval to a uranium mine near the city of Salamanca, the company said on Wednesday.
Thursday, April 11, 2024 - 22:35:06
The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke.
Wednesday, April 10, 2024 - 22:27:21
Polish government is abandoning plans to separate coal-fired power plants into a special company and is considering merging them with mines, said Industry Minister Marzena Czarnecka in a interview published on Wednesday in Rzeczpospolita daily.
Wednesday, April 10, 2024 - 22:25:13
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the Santa Cruz region of Argentina.
Wednesday, April 10, 2024 - 22:19:28
Australian space exploration company Fleet Space Technologies has successfully deployed its next-generation Centauri-6 satellite on SpaceX’s Bandwagon-1 mission, launched aboard a SpaceX Falcon 9 from Launch Complex 39A at the Kennedy Space Center in Florida on Sunday.
Monday, April 8, 2024 - 21:33:17
Mining News Pro - Zambia will suspend a 15% export tax on gemstones, excluding diamonds, from Jan. 1 next year as the levy, aimed at raising more revenues ended up affecting the country’s output.
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