April 10, 2024 Sibanye may seek $500m via metals prepayment deals to boost cash The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.
April 5, 2024 Big 5 diversified mining companies are having a rough 2024 World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.
March 30, 2024 Nornickel says some EU clients refuse to buy products made of Russian metal Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.
March 29, 2024 Glencore makes additional investment in Stillwater Critical Minerals Last June, the commodity trading giant made its first investment in the critical minerals explorer.
March 29, 2024 Nornickel says financial stability is priority, not dividends Nornickel's 2023 net profit and revenue declined due to low metal prices.
March 27, 2024 Magna Mining signs offtake deal with Vale for Crean Hill project Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing.
March 20, 2024 Platinum metals face structural hit to demand from electric vehicle revolution According to analysts at Macquarie, demand for both platinum and palladium from the auto sector will start falling beyond 2025.
March 20, 2024 Zimplats to offer voluntary job cuts after platinum price rout Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted.
March 20, 2024 Sibanye halts production at Rustenburg shaft after damage The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024.
ERG signs long-term gallium supply deal with Mitsubishi Kazakhstan, which currently produces no gallium, is set to become the world's second-largest producer. December 20, 2025 | 08:34 am