October 28, 2022 Calibre granted environmental permits to develop Eastern Borosi project in Nicaragua EBP represents Calibre’s third major environmental mine development approval within three years.
October 28, 2022 Vale mulling base metals partnership, CEO says Vale had announced last month a reorganization of its Brazil base metals business, which includes copper and nickel assets.
October 28, 2022 Codelco profits slump 50% to September, cuts production target Company said a "significant drop of 12% in the price of copper sales" compared to the previous year explained almost half of the drop in profits.
October 28, 2022 Aurubis says metals sector targeted in cyberattack The company’s shares fell as much as 4.2%.
October 28, 2022 Top investor opposes Gold Fields’ takeover of Yamana Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.
October 28, 2022 Vedanta profit drops 61% as metal prices fall, expenses surge Total expenses surged 43%, with power and fuel charges nearly doubling.
October 28, 2022 Glencore cuts zinc output guidance after production drops 18% in nine months The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company.
October 28, 2022 Teck Resources hikes cost of QB2 copper project in Chile again Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.
October 27, 2022 Vale Q3 net beats estimates, helped by forex gains The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.
October 27, 2022 Grupo Mexico posts narrower quarterly profit as mining sales fall Revenues stood at $3.12 billion, down 14.6% from the year-ago period and missing a Refinitiv forecast of $3.19 billion.