The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures, seeking to negotiate for higher stakes across the board to gain leverage in management of some of its biggest mines.
Congo state miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners and build reserves in metals key to the green transition.
Russian oil giant Rosneft has filed a suit against Reuters in a Moscow court, alleging parts of a Reuters article about BPβs decision to exit its stake in Rosneft were defamatory.
U.S. investment bank Morgan Stanley <MS.N> is building up its base metals trading business after abandoning it four years ago, sources familiar with the matter told Reuters.
Credit Agricole <CAGR.PA> has resigned from the London Metal Exchange (LME) - the world's largest metals market place - with immediate effect, the exchange said on Tuesday.