April 22, 2024

Potanin’s Interros calls Rusal claims about Nornickel asset sales ‘unfounded’

Rusal has alleged that the sale of some business units led to losses for Nornickel shareholders.

April 18, 2024

Sibanye cuts more jobs after shutting loss-making Marikana shaft

Some 469 employees were transferred to Sibanye's other PGM operations, while another 226 were taken off the payroll.

April 11, 2024

Flying Nickel updates Minago resource, including first PGM estimate

The MRE showed a 42% increase in the in-pit portion of the M&I nickel resource.

April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

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.

April 4, 2024

Nornickel completes stock split

The Russian miner has converted each share into 100.

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.