“The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing.

The group, which has an outstanding debt of $6.4 billion, has been seeking to extend debt maturities.

India’s Supreme Court ordered the country’s markets regulator to conclude its investigation into the Adani Group.

Both gold and uranium are coming off strong performances in 2023.

Bondholders have until Jan. 2 to give an early consent on a plan to push out due dates on $3.2 billion in bond repayments.

Indonesian miner Aneka Tambang has sold shares worth $467.18 million to a unit of CATL.

Nickel is poised to post an annual drop of more than 40% on the London Metal Exchange, the biggest decline since 2008.

China's net gold imports via Hong Kong rose about 37% in November from the previous month.