February 2, 2024

Grupo Mexico profit down 19% on sliding metal prices

The firm produced 264,251 metric tons of copper over the quarter, down 2% from a year earlier.

February 1, 2024

Fifth Fortescue executive quits as management exodus deepens

News comes just days after Deborah Caudle, the chief financial officer of the miner’s energy arm, said she had left the firm created by billionaire Andrew Forrest.

February 1, 2024

Endeavour resumes work at Burkina Faso gold mine after strike ended

The work stoppage at the Hounde mine in Burkina Faso has had “significant financial impacts” on the company.

February 1, 2024

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.

January 31, 2024

Trafigura-backed nickel mine seeks new partner for bailout

The trading giant declined to contribute more funds as part of a French government rescue package for the New Caledonian mining industry.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 31, 2024

Endeavour wins ruling to end strike at Burkina Faso gold mine

The court issued an interim ruling on Tuesday that instructs “the expulsion of protesters” from the Hounde project.

January 31, 2024

Russian oligarch Potanin wins divorce claim appeal, case continues

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.

January 31, 2024

Boliden plans to cut output and jobs at Tara zinc mine

The mine was put on care and maintenance in June after prices of the galvanizing metal hit a three-year low.

January 31, 2024

Polymetal CEO says new shareholder will expedite Russian asset sale

Russian and Chinese companies were among interested buyers.