Horizonte Minerals stock plunges 60% on cost overruns and delays at Araguaia
The company said costs for its Araguaia nickel project in Brazil will escalate by at least 35%.
Latest Stories
Gold price extends decline as higher US rates take toll
Traders are pricing in a 55% chance that the Federal Reserve will leave interest rates at the current range.
Newmont announces leadership changes to facilitate Newcrest integration
Natascha Viljoen will assume the role of COO at Newmont on Tuesday.
Codelco strikes early deal with Radomiro Tomic mine supervisors’ union
Nearly 90% of union members voted to approve the agreement.
Slumping lithium prices signal angst over China’s demand outlook
Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand.
Vedanta dollar bonds slip after plan to split up India business
Vedanta to split business into six listed companies.
Zimbabwe searches for mine survivors as relatives lose hope
Miners were trapped underground when a disused gold mine collapsed last week.
US optimistic it will reach critical minerals deal with EU
After signing a minerals deal with Japan in March, the US, along with both the EU and Britain, is now seeking similar agreements.
Thungela says coal terminal workers’ strike not impacting exports
Workers at Richards Bay Coal Terminal have been on a strike for the past three weeks.
