Polyus reports 27% drop in core profit as sales fall
Net profit declined 32% to $1.6 billion on the back of a 14% fall in revenue to $4.3 billion.
Latest Stories
Canadian Mining Hall of Fame issues call for 2024 nominations
Nomination deadlines are May 1 to contact a member or associate member organization about nominating a candidate for induction and May 31 for nomination materials to be delivered.
BHP potentially faces $44 billion bill in Brazil dam case
The lawsuit, one of the largest in English legal history, was thrown out in 2020 before the Court of Appeal ruled in July that it could proceed.
Gold price rebounds as fresh banking crisis hits risk appetite
The latest rally comes despite a sharp jump in the US currency, which would usually weigh on demand for the greenback-priced bullion.
enCore makes production decision on Alta Mesa, its second uranium facility
Alta Mesa is a fully licensed and constructed ISR uranium project and central processing facility currently on standby.
Copper price falls amid banking woes
Global markets were uneasy after Credit Suisse's biggest shareholder said it could not provide more financial support to the bank.
Philippine miners not keen on Indonesia nickel alliance plan
Indonesia’s nickel plan is part of President Joko Widodo’s goal of adding more value domestically and becoming a key part of the battery supply chain.
Alcoa Australia to cut Portland aluminum smelter output to 75% capacity
The company cited instability and production challenges.
China Jan-Feb aluminum output up 7.5% as demand hopes rise
That marked the highest output for the two months since at least 2015.
