Glencore PLC (LSE:GLEN) said its performance in 2021 was in line with expectations in a challenging year dominated by the COVID-19 pandemic.
Production guidance for the current year is unchanged from the December update, when the commodities trader and miner said there is a “generally steady overall production profile in the 2022-2024 outlook period, with zinc volumes lower in 2024, in line with mine closures.
Rio Tinto PLC (LSE:RIO) said it is "deeply disturbed" by the findings of a report that has revealed systemic bullying and sexism as well as racism across the company and promised that it would implement all the recommendations from the review to improve its culture. More than 10,000 of Rio Tinto's 45,000 employees took part in the review, and almost half of these said they have experienced bullying in the past five years.
Shanta Gold Limited (AIM:SHG, OTC:SAAGF) has updated its reserves and resources at its projects in Tanzania. Total JORC 2012 compliant gold reserves now stand at 645,000 ounces grading 3.04 grams per tonne across the company's two projects in Tanzania, an increase of 20,000 ounces net of depletion.
Bens Creek Group PLC (AIM:BEN, OTC:BENCF), the owner of a recently re-opened metallurgical coal mine in West Virginia, has received part payment for its first delivery of metallurgical coal to Integrity Coal Sales Inc, New York. Integrity is the company's offtake partner.
Trident Royalties PLC (AIM:TRR) hailed its most significant quarter to date at the end of 2021 as the number of producing assets within the portfolio increased by 350%, with royalty payments “poised for substantial increase” this year.
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) said it is pleased with its achievements in the fourth quarter to 31 December 2021, which saw its flagship Vares Silver Project in Bosnia & Herzegovina securing funding through to production, expected to begin in the second quarter of 2023.
Tharisa PLC (LSE:THS, JSE:THA) has signed an agreement for the development of a solar power plant to supply power to its Tharisa Mine in South Africa. The platinum group metals and chrome producer said it signed a comprehensive memorandum of understanding (MoU) with renewable energy producer Total Eren and Chariot Ltd.