Tag: Metals and Mining

Kazatomprom signed a new agreement with the Kazakhstan government for uranium mining at its Inkai 3 deposit, as the world’s largest uranium producer bolsters its position.

Anglo American on Wednesday rejected BHP Group’s last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and likely ending a five-week pursuit by the bigger rival.

NAC Kazatomprom net profit fell for the first quarter on lower natural uranium sales. Kazatomprom, the world’s largest producer of uranium, said sales of natural uranium fell 55% mostly due to the timing of customer-scheduled deliveries.

Anglo American plans to spin off its highly prized De Beers diamond unit as part of a sweeping restructuring of its 107-year-old business as it seeks to fend off persistent takeover bids from mining rival BHP Group. 

The world’s largest producer of uranium, NAC Kazatomprom, said first-quarter production rose but sales volumes tumbled on weaker demand, while it backed its full-year guidance.

Shares of lithium miner Albemarle were rising in premarket trading Thursday after earnings fell dramatically year over year but still beat Wall Street estimates.

Barrick Gold Corporation announced today that its first-quarter earnings per share (EPS) outperformed analyst expectations by $0.03, coming in at $0.19 compared to the consensus estimate of $0.16.

Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly undervalues” the company and its future prospects.

Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner benefited from strong production.

Two of the world’s largest mining giants are considering merging in what would be one of the biggest industry moves in years, something that would likely reshape the playing field for U.S.

Alcoa posted a wider loss in the first quarter after lower aluminum prices and higher production costs dented results.

Η Mytilineos συνεργάζεται με τη Citi και τη Morgan Stanley διερευνώντας πιθανή εισαγωγή του στο London Stock Exchange εντός του έτους, σύμφωνα με το Sky News.

Τα οικονομικά αποτελέσματα 2023 ανακοίνωσε η Viohalco με τον ενοποιημένο κύκλο εργασιών να ανέρχεται σε 6,30 δισ. ευρώ έναντι 6,99 δισ. ευρώ το 2022, λόγω χαμηλότερων όγκων και μειωμένων τιμών μετάλλων, όπως σημειώνει η εταιρεία.

Shares of lithium miner Albemarle are falling because the company is raising more capital, and shareholders are wary of the potential dilution.

Alcoa offered to buy out an Australian aluminum partner for $2.2 billion, increasing its weight in the global markets for alumina and bauxite—raw materials used for making aluminum.

Shares of global mining groups listed in London were under pressure Tuesday as concerns about weak growth in China pushed iron ore prices to their cheapest in three months.

Global mining giant Rio Tinto, which sparked outrage after destroying an ancient Indigenous site in Australia in 2020, faces new pressure from socially conscious investors and lenders, this time on water practices at two of its mines.

Alcoa reported better-than-expected fourth-quarter numbers, lifting the aluminum producer’s stock.

Gold Fields slashed its forecast for 2024 output at the Salares Norte project in northern Chile after saying it expects first gold production to be delayed by four months.

Τη δέσμευσης της για την προώθηση της ανακύκλωσης του αλουμινίου επιβεβαίωσε η Elval, ο τομέας έλασης αλουμινίου της Elval Halcor, στο πλαίσιο της COP28.