First Quantum cuts guidance on Zambia sequencing
The company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.
Russian mining and metals giant Nornickel plans to return to a positive free cash flow in 2025 but will not distribute dividends before then, its CEO and major shareholder Vladimir Potanin said on Saturday.
“Shareholders with dividends will have to be patient for some time,” Potanin told Russian media outfit RBC in an interview.
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