Top investor opposes Gold Fields’ takeover of Yamana
Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.
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Vedanta profit drops 61% as metal prices fall, expenses surge
Total expenses surged 43%, with power and fuel charges nearly doubling.
Tharisa issues $50m bond for Zimbabwe platinum mine build
The bond, which is not rated, is the first issued on Zimbabwe's Victoria Falls Stock Exchange.
Chile’s copper production falls in September; industrial output also down
The country's statistics agency said the drop was due to lower-grade ore and less processing during the period.
Researchers develop Play-Doh-like material that conducts electricity like metal
This goes against all of the known rules about conductivity.
Glencore cuts zinc output guidance after production drops 18% in nine months
The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company.
Teck Resources hikes cost of QB2 copper project in Chile again
Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.
Vale Q3 net beats estimates, helped by forex gains
The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.
Grupo Mexico posts narrower quarterly profit as mining sales fall
Revenues stood at $3.12 billion, down 14.6% from the year-ago period and missing a Refinitiv forecast of $3.19 billion.