Sandvik proposes extra dividend as Q4 profit beats forecast
Company reported quarterly earnings above market expectations on Thursday, boosted by firming demand for mining equipment and a recovering automotive sector.
Latest Stories
Trapped China gold miners have to wait 15 days for rescue
Rescue teams on Wednesday drilled new holes down a gold mine in China's Shandong province, searching for more survivors after an explosion 10 days ago.
Moody’s sees lower rates for several years to support gold price
Market sentiment and speculative positioning will keep gold prices volatile, the debt ratings agency said.
South32 mulls Eagle Downs stake sale after halting development
Company said expected returns from the project in Queensland do not currently support the allocation of capital.
Can Biden transform the US energy system?
Biden’s first executive actions to move quickly to tackle climate change have raised questions over the ability of administrations to transform the US energy system.
Global copper smelting rises in December, driven by China
China and the rest of Asia continued the rapid expansion that was seen in November.
Alrosa sees diamond demand uptick in 2021
The Russian miner saw sales grow more than three fold in the fourth quarter of 2020 to 17 million carats.
Vale hires banks to sell coal assets in Mozambique
Vale's coal division posted a loss of $213 million in its most recent quarterly result.
Sibanye-Stillwater exceeds PGM, gold production guidance
The South African miner saw a positive recovery in the second half of 2020.
