Gold price posts worst month since 2008 despite hopes war is near end
The US dollar and Treasury yields retreated further on reports that both countries are signaling an opening toward a resolution.
The US dollar and Treasury yields retreated further on reports that both countries are signaling an opening toward a resolution.
Most industrial metals on the London Metal Exchange settled higher on Friday.
The company, which operates a ferrochrome joint venture with Glencore, idled its plants in April 2025.
A spate of power failures at the Kalgoorlie plant resulted in a notable production slump and higher cost of sales.
Impairment reduces De Beers' value, bringing total writedowns for the diamond unit to $6.8 billion in 2025.
Profit soared on stronger gold prices as reserves hit a record and spending plans topped $600 million for 2026.
Vale said it logged a $3.5 billion impairment on Vale Base Metals' nickel assets in Canada.
Prices of major PGMs have rebounded since the second half of 2025.
The world's biggest manganese producer produced 1.3 million wet metric tons of the steel additive for the December quarter.
Two new initial resources for its sulphide deposits in northern Ontario now make its Timmins Nickel District the largest undeveloped nickel base in the country.