Nornickel’s 2023 profit slumps 51% on falling metal prices

Nornickel expects a further decline in its nickel and palladium output this year, due to geopolitical risks and postponed furnace repairs.

Reuters | February 9, 2024 | 7:54 am

Rio Tinto, BHP tie up in Australian ‘green iron’

Rival mining giants said they would jointly investigate the development…

Reuters | February 8, 2024 | 3:31 pm

Cameco doubles 2023 uranium sales, prices compared to year earlier

Uranium spot prices more than doubled to $100/lb. at the…

Staff Writer | February 8, 2024 | 11:36 am

Anglo American posts 24% rise in annual copper output

The company left its 2024 copper output guidance at 730,000-790,000…

Reuters | February 8, 2024 | 9:59 am

SQM launches third round of accelerator program

The top 10 solutions will receive a $25,000 each, become…

Staff Writer | February 8, 2024 | 3:33 am

Vale gets offers for stake in base metals unit

Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports.

Reuters | May 18, 2023 | 2:55 pm

Vedanta seeks cash with $500 million bond maturing

The board will consider paying out a first dividend for the current business year at an upcoming meeting.

Bloomberg News | May 18, 2023 | 11:59 am

SQM to start lithium talks with Codelco in coming weeks, says CEO

SQM saw its lithium sales volumes slip 15% over the first three months of 2023.

Reuters | May 18, 2023 | 11:10 am

Top stock fund wagers BHP, Rio Tinto will weather iron ore slump

Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said

Bloomberg News | May 18, 2023 | 10:05 am

Metallic Minerals nets $4.7 million investment from Newcrest for La Plata project

Proceeds will help advance La Plata copper-silver-gold-PGE project in Colorado.

Staff Writer | May 18, 2023 | 9:24 am

KGHM sees extra viable mining pits at its biggest mine in Chile

The company can verify four more viable mining pits in its flagship Sierra Gorda copper and molybdenum mine.

Reuters | May 18, 2023 | 6:40 am

Miners in Chile to pay more taxes as long-awaited reform approved

The bill increasing the government's take only needs the signature of President Gabriel Boric, who has publicly backed it, to become law.

Cecilia Jamasmie | May 18, 2023 | 3:32 am

Centinela mine’s union head says sides far apart in talks to avoid strike

Mediation will last until May 22, and a strike could start during the first shift on May 23.

Reuters | May 17, 2023 | 7:45 am

Tianqi Lithium exec sees more sector mergers and acquisitions

The Allkem and Livent tie-up has raised expectations for more mergers and acquisitions.

Reuters | May 16, 2023 | 7:01 pm

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