February 10, 2023

Vale Indonesia breaks ground on $2.5 billion ferronickel smelter

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

February 10, 2023

Panama says negotiations with First Quantum making headway

The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government.

February 9, 2023

MMG secures supplies to continue copper production at reduced rate in Peru

At normal times, the Las Bambas mine accounts for some 2% of the global supply.

February 9, 2023

Another year, another major merger (in the works)

The merger between large-scale producers across the globe has become a consistent theme in the precious metals sector over the past few years.

February 9, 2023

Barrick’s gold reserves grow to 78 million oz. in 2022

Barrick’s profile as a copper producer is also growing.

February 9, 2023

Cameco pivots into profit as Ukraine war knocks uranium supplies 

The Saskatoon-based company reported a net profit of C$89 million last year versus a loss of C$103 million in 2021.

February 9, 2023

Polymetal negotiates to keep London listing as GDRs

Polymetal is negotiating to keep its listing in the form of global depositary receipts after the company moves to Kazakhstan.

February 9, 2023

Hindalco posts 63% slump in Q3 profit, sees “much better” Q4

Profit more than halved at Hindalco's aluminum upstream segment, which includes bauxite and coal.

February 9, 2023

Ivanhoe Mines seeking strategic partner to mine more copper in Congo

The company's founder, Robert Friedland, said he might bring in a minority partner to help develop DRC copper assets.

February 9, 2023

Fortescue Metals preparing to cut up to 1,000 jobs

The cuts would be across Fortescue Future Industries, a clean energy subsidiary focused on producing hydrogen.