Edition:
India

Helen Reid

Glencore chairman Hayward defends climate policy

28 May 2020

LONDON/JOHANNESBURG Glencore on Thursday defended its climate policy from activists who want targets set for the use of its products, with Chairman Tony Hayward saying the miner's current plan will cut greenhouse gas emissions.

Lithium producers must wait as pandemic slows electric vehicle revolution

26 May 2020

JOHANNESBURG/HOUSTON The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.

Steinmetz's BSGR seeks to reopen $1.25 billion Guinea ruling

23 May 2020

LONDON/JOHANNESBURG Billionaire Beny Steinmetz's BSG Resources Ltd (BSGR) is seeking to reopen an arbitration case that ordered it to pay $1.25 billion to Brazilian minder Vale SA over an abandoned mining joint venture in Guinea.

Sulfur squeeze spells trouble for Congo's copper and cobalt miners

20 May 2020

JOHANNESBURG/LONDON Disruptions caused by the coronavirus crisis have pushed up prices for sulfur by about 10% this year in the Democratic Republic of Congo, driving up costs of a vital ingredient for mining cobalt and copper in the African nation.

GRAPHIC-Sulphur squeeze spells trouble for Congo's copper and cobalt miners

20 May 2020

* Congo is world's biggest cobalt miner, major copper producer

Gold price boosts Barrick profit as miner eyes copper deals

06 May 2020

Barrick Gold Corp reported a nearly 55% rise in quarterly profit on Wednesday as gold prices surged, bolstering its ability to snap up mines including in copper, its chief executive said.

World's mine workers resist quick restart amid coronavirus

28 Apr 2020

JOHANNESBURG/LIMA As mining heavyweights South Africa and Peru move to lift coronavirus lockdowns, workers in deep mines are resisting going back to work without adequate protective gear and information about cases at sites, with one major union filing legal action against restart plans.

Glencore's Congo unit Katanga Mining to go private, warns of possible COVID-19 impact

22 Apr 2020

JOHANNESBURG/LONDON Glencore is taking its Toronto-listed Congo business Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of a stock exchange listing as reasons for the move.

UPDATE 2-Glencore's Congo unit Katanga Mining to go private, warns of possible COVID-19 impact

22 Apr 2020

* Copper production up, cobalt production down in Q1 from Q4 (Adds details, guidance on COVID-19 impact, cash position)

Congo artisanal cobalt programme expands with industry backing

21 Apr 2020

JOHANNESBURG A programme to monitor and improve artisanal cobalt mines in Democratic Republic of Congo will double the number of mining sites it covers this year through a partnership between RCS Global and the Responsible Minerals Initiative.

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