January 24, 2023

Nornickel forecasts output drop in 2023 due to planned maintenance

Nickel and palladium production is expected to fall due to planned refurbishment at Nadezhda metallurgical plant.

January 24, 2023

Codelco produced less copper in 2022, chairman says

Chairman Maximo Pacheco said 77% of the reduction was due to problems with operations.

January 24, 2023

SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp

SPC believes that the West Graham and Crean Hill 3 deposits constitute the eastern and western portions of a large, near-surface nickel-copper sulphide deposit.

January 23, 2023

Violent demonstrations roil Peru’s southern copper and tourism heartland

The nation’s transport regulator reported dozens of highway blockades as of Monday morning, many of them near the southern border with Bolivia.

January 23, 2023

BHP strikes deal to look for copper in Serbia

Company has agreed to pay fees and exploration costs for three copper exploration targets with Mundoro Capital.

January 23, 2023

Yamana Gold founder says ‘chatter’ points to more industry M&A

Peter Marrone plans to start a private equity venture aimed at investing in gold mines in his next career chapter.

January 23, 2023

Potanin says sanctions constrain Nornickel, force it to adjust strategy

Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.

January 23, 2023

South32 sees shipping delays tying up cash in inventory

In its quarterly report, South32 met coal, aluminum, and copper forecasts and slightly exceeded analyst estimates for manganese ore production.

January 21, 2023

Glencore halts operations in Peru due to violent protests

Following an attack on Friday, Glencore announced that it has halted operations at its Antapaccay copper mine in southern Peru.

January 21, 2023

Nornickel management proposes 76% dividend cut

Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.