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Glencore proposes to buy remaining stake of PolyMet

Glencore Plc (GLEN.L) said on Monday this week according to a Reuters report it had proposed to buy the remaining stake in copper miner PolyMet Mining (PLM.A) it does not already own for about $71 million. The Swiss commodity trader already owns 82.26% of...

EU climate chief concerned over expansion

At a recent conference in Beijing, Frans Timmermans said that while China is forging ahead with plans to expand its use of renewable resources such as wind and solar energy, the country has also been constructing an ever-growing number of coal-fired plants in the past...

Eurasia Mining annual loss widens

Eurasia Mining PLC reported on Monday this week that its annual loss had widened and its assets and sales were down following the Russian invasion of Ukraine and supply chain interruptions hammering business. Eurasia Mining, the London-headquartered, Russia-focused...
Kinross closes $500m offering

Kinross closes $500m offering

Canada-headquartered miner Kinross Gold has closed its previously announced offering of debt securities, consisting of $500-million aggregate principal amount of 6.250% senior notes due 2033. The notes are senior unsecured obligations of Kinross and are...
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