Glencore shareholders revolt over CEO’s pay
Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief…
Europe
Anglo American to run South America mines 100% on renewables
Anglo American (LSE: AAL) has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on…
Macquarie joins peers on bullish lithium prices outlook
Lithium shares are on a roll after investment bank Macquarie (ASX: MQG) joined peers in predicting a further increase in prices for the key battery…
Election result in Greenland could jeopardize Kvanefjeld project
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland’s Inuit Ataqatigiit (Community of the People party) secure 37% of…
Rupert Resources provides update on Pahtavaara in Finland
Rupert Resources (TSXV: RUP) has reported new drill results from the Ikkari prospect at its 100%-owned Pahtavaara project, about 1,200 km north of Helsinki in Finland’s…
Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on…
Congo launches state-owned cobalt miner
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the…
Dundee extends Chelopech mine life to 2029
Dundee Precious Metals‘ (TSX: DPM) latest reserve update for its Chelopech gold-copper mine in Bulgaria has increased reserves by 10% and the mine life by…
Kaz Minerals bidders up takeover bid to $5.5 billion
A consortium led by Kaz’s chairman Oleg Novachuk has raised its offer for the miner by 9%.
Alrosa fetches $23.9m in three auctions
The world’s top diamond miner by output held three “special-size diamonds” auctions to celebrate its Jubilee Auction #100.
Top five EV makers responsible for 50% of cobalt deployed in 2020
In 2020, a total of 18,750 tonnes of cobalt were consumed in the batteries of newly-sold passenger EVs globally, an increase of 29% year-over-year, a…
US markets slip, March 15-19
The Dow Jones Industrial Average dropped 0.46% to finish the week at 32,627.97 and the S&P 500 fell 0.77% to 3,913.10. Spot gold fell by US$17…