Top cobalt miner CMOC posts record earnings on rising output
The miner reported net income jumped 64% to 13.5 billion yuan last year, beating analysts’ estimates.
The miner reported net income jumped 64% to 13.5 billion yuan last year, beating analysts’ estimates.
The world's largest aluminum producer outside China posted a net profit of $803 million for the year ended December 31.
The South America-focused miner declared a final dividend of 1.94 cents per share, amounting to at least $10 million for shareholders.
Rio Tinto plans to create a standalone lithium division after it completes the $6.7 billion acquisition.
West McArthur is about 20 km west of Cameco’s McArthur River mine.
Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.
Vale reported an output of 85.3 million metric tons in the three months ended in December.
Nucor's CEO said steel demand softened throughout 2024 but noted that market conditions were starting to improve.
The deal will merge Gatos’ main Cerro Los Gatos mine with First Majestic’s San Dimas mine in Durango, and its Santa Elena operation in Sonora.
Beijing pledged on Thursday to increase its budget deficit, issue more debt and loosen monetary policy.