Nornickel reports 37% drop in 2024 net profit
Western sanctions and low metals prices squeezed the miner's 2024 earnings.
Latest Stories
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
The DRC produces 70% of the world’s cobalt, yet nearly $1 billion vanishes from the legal supply chain each year.
Firebird Metals signs MOU with Eramet for manganese ore supply
The parties will work to convert the MOU into a long-term supply agreement by 2026.
EU says it would react to US steel tariffs, awaits details
Trump said on Sunday that he would introduce new 25% tariffs on all steel and aluminum imports into the US.
South Africa halts search for trapped illegal miners over safety concerns
The miners were unable to exit the shaft after a pulley system used to enter and exit the mine snapped.
Brazil denies report of potential tax on US tech firms after Trump steel tariffs
The South American country is one of the largest sources of US steel imports.
New book explores Viola MacMillan’s rise and scandal in Canadian mining
MacMillan, who started out as a prospector in the ’30s, became the central figure in one of Canada's most commented mining scandals.
Global Lithium fights alleged Chinese takeover
The Australian junior says China-linked shareholders are attempting to gain control of the board and its Manna lithium project.
Nippon Steel considering ‘bold’ revision to US Steel buyout, government spokesperson says
Japanese Prime Minister Shigeru Ishiba said on Sunday that there are legal questions regarding the distinction between acquisition and investment.
