February 22, 2024 Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.
February 22, 2024 TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit.
February 21, 2024 IGO profit slumps on impairment charge, weak prices IGO's net profit attributable for the half year ended Dec. 31 came in at A$288.3 million.
February 21, 2024 Eramet in talks with France to offload debt from SLN nickel unit Eramet, which has refused to inject more funds into SLN, aims to reach a deal in the coming weeks to remove some 320 million euros of debt.
February 21, 2024 Aluminum price surges as White House plans fresh sanctions on Russia President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday.
February 21, 2024 Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.
February 21, 2024 First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.
February 20, 2024 CHART: China’s Belt and Road mining investment hits record China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.
February 19, 2024 Philippine tycoon says bigger mining areas key to riding EV boom The Philippines and Indonesia are the world’s biggest suppliers of nickel.
February 19, 2024 Column: Australia gives nickel a quick fix, but surgery of global industry needed Australia is throwing a lifeline to its under pressure nickel mining sector, but the solution on offer is more of a band aid than the needed major surgery, the carving…
Codelco secures $600 million in climate financing from HSBC The funding completes its goals after having received $532 million in financing from Credit Agricole CIB in 2024. December 31, 2025 | 09:30 am