Sherritt offers 50% haircut for bonds in out-of-court recovery
Company is offering to buy back $443 million of its debt at a big discount to face value.
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US regulators to block Peabody, Arch Coal JV
The FTC filed a lawsuit to block the business combination on the grounds that it would eliminate competition and raise prices.
Rio Tinto’s best earnings since 2011 clouded by virus risks
Company announced ordinary dividend of $6.2 billion in 2019 and total cash returns of $7.2 billion.
Nornickel warns of coronavirus risks, reports leap in profit
Russian giant reported 2019 net profit up 95% and expects uncertain times for nickel and copper markets.
Barrick urges AJN to drop plans to buy into Kibali mine
The world’s second-largest gold miner has issued a cease and desist notice to the buyer, Canadian junior AJN Resources.
Perth Mint Gold Token starts trading on cryptocurrency exchange
The PMGT is now available on KuCoin.
Max transfers PGE project rights to new Colombian subsidiary
The Vancouver-based miner said it wants to capitalize on the current demand for palladium, platinum and rhodium.
Rio’s $1bn spend to reach zero emissions “not enough”
Rio's boss said consumers, governments and shareholders must all be willing to make sacrifices if climate targets are to be met.
Grupo Mexico reports fourth quarter net profit jump
Net profit was $777.6 million for the quarter.
