Glencore estimates investment in global energy transition at $304 trillion

Glencore CEO has expressed an opinion that the global energy transition still requires $304 trillion in addition to $9.6 trillion made so far.

Yesterday

Nornickel mulls new metallurgical projects in Saudi Arabia and other countries

A senior Norilsk Nickel official said that the company is exploring opportunities for metallurgical projects both in Saudi Arabia and elsewhere.

Yesterday

Rio Tinto shifts strategic focus to scale down capital expenditures

The CEO of diversified miner Rio Tinto announced plans to scale down investment into non-core projects to preserve cash and manage its capital expenditures.

Yesterday

Saudi Arabia opens bidding for new mineral exploration licenses

The Ministry of Industry and Mineral Resources of Saudi Arabia has started a bidding process for gold, silver, copper, and zinc exploration licenses spanning 13,000 sq. km as part of the economic diversification program.

Yesterday

Ivanhoe sets post-flood recovery plan for key copper mine in DRC

Ivanhoe Mines has announced a renewed production forecast for its Kamoa-Kakula copper complex in the Democratic Republic of Congo, following a major flooding incident earlier this year.

04 december 2025

For Diamonds, Trump’s Return Could Go Either Way

22 november 2024

By Joshua Freedman

(rapaport.com) - Since Donald Trump’s reelection as US president on November 5, one respected member of the diamond and jewelry community sent this reporter an animated dancing Trump GIF, while another called him a con man. The politician divides the industry as much as he divides the world.