Nornickel’s core earnings jumped 37% in 2021
Nornickel's 2021 net profit stood at $6.97 billion, a 92% increase from 2020.
Latest Stories
Renault says it backs moratorium on deep-sea mining
In October, French President Emmanuel Macron identified deep seabed exploration as an investment priority for France.
Russian arctic diamond miner ALMAR plans IPO next month
The diamond industry has rebounded since the start of the pandemic as stuck-at-home consumers bought stones.
Cameco scorns ‘mythical’ uranium demand, vows supply discipline
“Our focus is shifting to securing homes for our in-ground inventory that is not yet been committed,” Chief Executive Officer Tim Gitzel said.
Mali industrial gold production drops 2.6% to 63.4 tonnes in 2021
Barrick Gold is the country's biggest producer with output reaching 23.4 tonnes last year.
Metso Outotec beats revenue forecasts, sees strong market
Company orders in the fourth quarter rose to 3.10 billion euros from 3.00 billion a year earlier.
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round.
Researchers develop ICP-coring system for deep mining
A new coring system has the potential to obtain and test "living" samples from the deep earth.
Centerra Gold, Kyrgyzstan close to Kumtor out-of-court deal
Prime Minister Akylbek Japarov said the government was in the final stages of settling its dispute with Centerra over the massive gold mine.
