Polymetal plays down scope of sanctions as London-listed shares tank

Peru’s biggest publicly traded precious-metals producer, is plowing ahead with investments.

The company described the protesters as "armed with stones, Molotov cocktails and other weapons."

Rio said Nuton technologies have the potential to economically unlock low-grade sulphide resources, copper bearing waste and tailings, and achieve higher copper recoveries.

The optimism stems from a global trend towards renewable energy transformation, in which copper is an essential metal.

Under the agreement, Trafigura will be paid $225.6 million by nickel and goldmining subsidiaries of state-run Kuvimba Mining.

Both Anglo American and Antofagasta have reported drops in production due to water availability issues exacerbated by a historic drought that's affected the country for more than a decade.

The new company will continue to selling Rusal’s metal.

Some types of bacteria can “loosen up” rocks to release metals and minerals, making them easier to crush and grind.

Miner renewed its nickel hedging program in 2022 to protect against huge price swings, but ended up losing out on $75 million in potential gains from the metal’s unprecedented rally.