Nornickel plans to cut dividends to boost investment
The company plans to cut dividends in 2023-2025 and expects to resume payouts once it starts to generate more cash after 2025.
Latest Stories
Russia’s Rusal faces tough market for aluminium even after sanctions dropped
Most aluminium sellers have run into difficulties during the current negotiating season.
Indonesia hopes for environmental nod soon for battery-grade nickel plants
Indonesia wants to become a global hub for producing and exporting electric vehicles (EVs) to Asia and beyond.
Emgold expands in Nevada
The junior miner increased the size of its New York Canyon property.
Aurania continues to advance Lost Cities – Cutucu project
The Toronto-based miner intersected vein textures that are typical of epithermal gold-silver systems.
AngloGold Ashanti halts Guinea mine over protests
The measure was taken over the weekend after local community members occupied Siguiri mine's facilities and built barricades.
Lundin kicks off production at Fruta del Norte mine in Ecuador
First export of gold concentrate and doré is expected by mid-December.
Australia’s Galaxy Resources to cut costs, volumes at flagship mine
Australian lithium miners have come under pressure in recent months amid plummeting prices for the metal.
Barrick Gold sells half of Kalgoorlie Consolidated Gold Mines for $750 million
Canada’s Saracen Mineral Holdings is the buyer.