Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse
Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.
Latest Stories
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles
Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.
Video: Cobre Panama mine closure investigated by Canada’s CTV News
“How a Canadian copper mine triggered an uprising in Panama” was the tagline of a W5 Investigation.
First Quantum swings to fourth-quarter loss
The company reported a net loss of C$1.45 bln or C$2.09 per share.
Carnegie Museum of Natural History awards University of Arizona geosciences professor
Robert T. Downs is the winner of the 2023 Carnegie Mineralogical Award.
Rio Tinto inks renewable power purchase deal for Gladstone operations
Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years.
Sayona delivers Moblan lithium feasibility with $1.6 billion NPV
Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.
Anglo Asian releases initial resource estimate for Xarxar copper deposit
A majority of the MRE is in the measured and indicated category, totalling 22 million tonnes at 0.48% copper for 106,000 tonnes.
China’s tin supply for food cans and chips steadily tightens
Myanmar's Wa state has placed a tax in kind of 30% on all tin concentrate exports.
