Polyus reports 27% drop in core profit as sales fall

Company's Q1 production fell 10% year on year, partly owing to operations running at reduced capacity because of higher rates of covid-19 infections among workers.

Portugal possesses the potential to mine lithium but there is a polarized perception of mining in the country, writes amil Hijazi.

Russia is a major producer of metals including aluminum, nickel, copper and steel.

Pretax profit in 2021 rose 29% from the previous year to $79.6 million, while revenue climbed to a record $543 million.

“Gold has effectively been questioning the Fed’s ability to raise actual real rates, while delivering a soft landing for the economy,” analyst said.

Global refined tin production surged by 11% last year but production rebound hasn't done much to cool prices, writes Andy Home.

Disruption to the global coal trade as a result of Russia’s invasion of Ukraine should extend the fuel’s price rally into next year, according to Whitehaven Coal.

The gold producer has found itself in an existential crisis after Russia’s invasion of Ukraine and the sanctions that followed.

China more than doubled imports of steel-making coal from Russia in March.