February 10, 2025

Nornickel reports 37% drop in 2024 net profit

Western sanctions and low metals prices squeezed the miner's 2024 earnings.

February 9, 2025

Maaden raises $1.25 billion from bond sale to fund mining growth

The company is tapping fixed income investors as it embarks on a more than $12 billion investment drive through to the end of the decade.

February 8, 2025

Trump says Nippon Steel eyes US Steel investment, not purchase

His comments add to investor concern that the merger agreement is effectively over.

February 7, 2025

Rio Tinto’s US Borax donates $600,000 to support communities impacted by LA wildfires

The donations are going to Kern County Fire Department, Los Angeles Fire Department Foundation and the Los Angeles Regional Food Bank.

February 7, 2025

Indonesia trade ministry supports extending Freeport’s copper export permit

Resource-rich country has banned exports of copper concentrate.

February 7, 2025

Anglo American nears De Beers spinoff

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond miner.

February 6, 2025

Suspended Exxaro CEO resigns following allegations

Nombasa Tsengwa submitted her resignation in a Feb. 5 following a probe into allegations over her conduct.

February 6, 2025

Vale takes full control of Baovale iron ore project

The Baovale joint venture was established by the Brazilian mining giant and Baosteel in 2001 to run the Agua Limpa mine.

February 6, 2025

Anglo American to review De Beers value amid weak diamond demand

De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.

February 6, 2025

Glencore poaches alumina trader from Gunvor

Gunvor mostly trades oil and other energy products, but has recently forayed into metals.