Sandvik’s Q1 core profit falls more than expected
Operating profit before amortization and items affecting comparability was 5.28 billion crowns, versus 6.12 billion a year earlier.
Latest Stories
Copper demand to boom as new technology drives power consumption, Trafigura says
It is estimated that one third of the 10 million tons of new demand would come from the electric vehicle sector.
Nornickel moves closer to biggest buyer with plan for copper plant in China
The Russian firm will close its Arctic copper plant and build one in China with an unnamed partner.
BHP aims to receive first ammonia-fuelled bulk carrier in 2026
BHP also plans to use bio-blended fuels for bunkering regularly to meet Europe's shipping emissions requirements.
Ever heard of goldene?
Sheets of gold only a single atom layer thick create a new material called goldene.
Adriatic Metals takes over as operator of Bosnian silver mine
The Rupice deposit is part of Adriatic's recently opened Vares silver mine, the first operation to open in Europe in over a decade.
Gem Diamonds finds 169 carat stone in Lesotho
This is the fourth greater than 100 carat Type II white diamond unearthed this year at the prolific Letšeng mine.
South32’s third-quarter manganese production falls 7%
The world's largest producer clocked manganese ore production of 1.2 million wet metric tons for the quarter ended March 31.
China is front and center of gold’s record-breaking rally
Juicing gold's rally is unrelenting Chinese demand, as retail shoppers, fund investors, futures traders and even the central bank look to bullion as a store of value in uncertain times.
