Nornickel says some EU clients refuse to buy products made of Russian metal

Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.

Reuters | March 30, 2024 | 1:38 pm

Canada’s mild winter disrupts key ice road to remote Arctic diamond mines

The delay underscores the challenges that companies face as Canada's…

Reuters | March 30, 2024 | 1:28 pm

Glencore makes additional investment in Stillwater Critical Minerals

Last June, the commodity trading giant made its first investment…

Staff Writer | March 29, 2024 | 8:50 am

First Quantum execs discuss investment, disputed copper with Chinese officials

The talks included topics such as the potential for state-run…

Reuters | March 29, 2024 | 6:39 am

Nornickel says financial stability is priority, not dividends

Nornickel's 2023 net profit and revenue declined due to low…

Reuters | March 29, 2024 | 5:28 am

Mopani Copper Mine H1 losses worsen as output slumps

A process to sell the mines could be completed by December.

Reuters | September 4, 2023 | 9:26 am

Alrosa starts construction of giant new diamond mine

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

Reuters | September 4, 2023 | 9:21 am

Codelco expects to reach lithium agreement with SQM this year

Its chairman also expects the market to maintain its confidence in Codelco, despite rating agency Moody's giving notice of a possible ratings downgrade.

Reuters | September 4, 2023 | 9:16 am

Albemarle nears $4.3 billion Liontown takeover

“The likelihood of a deal succeeding has materially increased,” analysts said.

Bloomberg News | September 4, 2023 | 7:27 am

BHP says Brazilian court approves Samarco debt reorganization plan

Samarco had struggled to reach an agreement for years with its creditors, who rejected its initial recovery plan in April 2022.

Reuters | September 4, 2023 | 7:15 am

Former mining site becomes regional park in Utah

Butterfield Canyon, which once hosted a Rio Tinto Kennecott mine that was part of the Bingham Canyon complex, has turned into the Butterfield Trailhead Regional Park.

Staff Writer | September 3, 2023 | 12:50 pm

Copper crime ring is latest scandal to rock the metals world

Aurubis revealed this week it has uncovered a large-scale fraud involving shipments of scrap metal that it uses to feed its copper smelters.

Bloomberg News | September 3, 2023 | 11:30 am

Strike at Mexico gold mine costs Newmont $3.7 million a day

The company pegged the financial impact of the dispute at its Penasquito mine at approximately $1 million in maintenance costs and $2.7 million a day in lost revenue.

Bloomberg News | September 1, 2023 | 1:11 pm

Another Glencore veteran departs as trader Popovic retires

Glencore's co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years.

Bloomberg News | September 1, 2023 | 11:18 am

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