Rusal’s first-half profit jumps 42% on lower costs
Rusal, which operates in Guinea, Jamaica, Ireland and Sweden apart from Russia, has been under pressure from the fallout of Western sanctions.
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Shallow drill results show promise for expanding the San Albino mine in Nicaragua
The ongoing 45,000 metres drill campaign targeted the Intermediate vein at Las Conchitas North, next to the company’s sole operating asset.
South32 hunts for copper as it returns cash to shareholders
Underlying earnings came in at $380 million, compared with $916 million a year ago.
Nippon Steel boosts M&A case with $1.3 billion spend at US mills
The Japanese steelmaker plans to make the investments at the Mon Valley Works and Gary Works.
CHART: Peru’s phat copper pipeline
Plugging the coming structural supply gap won't be possible without reviving copper investment in Peru.
Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho
The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024.
Vale’s new CEO to focus on boosting iron ore despite weak demand
Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton.
Equinox Gold celebrates Greenstone mine opening with 3,634 km ride, $1 million donation
The cycling journey is part of the celebrations leading up to the mine’s official opening on Aug. 29.
Gold price retreats as traders await more US data
Bullion has surged by more than 20% so far this year, boosted by rate cut expectations and robust purchasing by central banks.
