- Business
The miner said it has agreed to buy Yamana Gold in an all-stock deal as it continues to expand its operations outside South Africa.
The miner said it has agreed to buy Yamana Gold in an all-stock deal as it continues to expand its operations outside South Africa.
The lengthy charter would scale back mining, grant sweeping social rights and decentralize power, benefiting indigenous groups and local officials.
The retired executive, who died at age 82, grew up on a farm and worked in the steel and movie industries before moving into telecom.
The Anglo-Swiss commodities company published a 13-page investor update about its ethics and compliance program, which coincided with settlements it reached with various regulators.
The Anglo-Swiss commodities company says it will pay at least $1.2 billion and two of its business units will plead guilty.
The construction equipment giant sees the refurbishing of worn-out engines as a growing source of revenue, plus a way to help meet its environmental goals.
Harvesting valuable materials from old equipment presents a commercial opportunity and technical challenges.
The regulator alleges that the Brazilian mining company misled shareholders about its adherence to safety standards before one of its dams collapsed in 2019, killing 270 people.
The investment firm is launching an exchange-traded fund for metals used to build electric vehicles, a sign of growing investor appetite for commodities and products tied to the energy transition.
Liberty Steel USA has secured a $125 million loan from Eclipse Business Capital, replacing financing from Wells Fargo and Bank of Montreal.
The multiyear agreement with commodities firm Glencore is the latest in the auto industryโs race to secure key battery materials.
The deal calls for Centerra to yield control of its subsidiary Kumtor Gold and an affiliate to state-owned refiner Kyrgyzaltyn. In exchange for control, Kyrgyzaltyn is to transfer its 26% stake in Centerra back to the Canadian company.
The administration would include minerals like lithium, nickel and graphite, cobalt and manganese under the Korean War-era national security mobilization law to help mining companies access funding.
Canadian miner Kinross Gold is in exclusive talks to sell its giant Arctic Russian mine to Fortiana Holdings, according to people familiar with the matter.
Severstal says that interest payments are frozen because of regulatory investigations and that it is committed to fulfilling its obligations under the loan.
The government said the agreement would clear the way for the largest single investment in the country.
A Chinese company is negotiating with the Taliban to mine one of the worldโs largest untapped reserves of copper.
Chinese firms have spent billions of dollars buying out U.S. and European miners of cobalt, a critical commodity in the transition to cleaner energy. Now a court has ordered one of the largest to cede control of one of its mines.
The plane maker has suspended purchasing the key metal for airplane production but must still deal with ties with a company linked to Sergei Chemezov, a sanctioned oligarch and Putin ally.
The Kryvyi Rih mill joins other foreign-owned operations suspended amid the Russian invasion, likely putting further upward pressure on metal prices.
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