Sandvik lags Q3 profit forecast as non-mining units face weak demand
Sandvik is considered a reliable indicator of demand given its broad customer base.
Latest Stories
Gold price hits fresh record, silver at 12-year high
Gold futures may rise to average $3,000 an ounce in the fourth quarter of 2025, analyst said.
Liability trial for BHP in Samarco dam collapse begins in London
BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off.
Peru’s Chinese-built mega port to soft launch in late November with Shanghai route
Cosco Shipping Ports owns and will operate the port with a 60% stake, with 40% held by Peruvian miner Volcan, which is controlled by Glencore.
World’s top ruby mine in Mozambique stormed after ‘fake’ notice
About 300 people invaded a pit at the Montepuez ruby mine in northeastern Mozambique on Sunday.
Australia’s MinRes probes payments to tycoon founder
Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment.
South32’s Q1 manganese output plunges as Aussie ops fail to produce
A tropical cyclone in March damaged infrastructure at the diversified miner's GEMCO project.
Graphite One earmarked for $325 million loan for anode manufacturing plant
Its proposed project is anchored by what it considers to be the nation's largest and highest-grade graphite deposit.
Endeavour Mining targets 200,000 oz/year of gold from Ivory Coast mine
The Lafigue mine began production in early August and is expected to produce between 90,000-100,000 ounces by the end of the year.
