Diamond slump weighs on Anglo American’s profits February 22, 2024 The firm's investors also took a major hit in the earning report this morning, with profit attributable to equity shareholders of the company falling 94 per cent
Glencore-backed nickel miner’s shares Horizonte Minerals crash 62 per cent on project warning February 20, 2024 Commodities like Nickel continue to face an uncertain 2024 as geopolitical and climate risks continue to grow
Ferrexpo cancels dividend at eleventh hour as legal action looms large February 20, 2024 Ferrexpo's former owner faces a number of charges from his country's government including an embezzlement action
BHP trims payouts as nickel glut and dam disaster wipes billions from bottom-line February 20, 2024 BHP Group has watered down its dividend after a steep fall in first-half net income and flat underlying earnings.
Kistos set to buy EDF’s UK gas storage arm for £25m February 20, 2024 The company was set up to acquire and manage companies in the energy sector engaging in the energy transition trend.
Copper mining giant Antofagasta posts jump in full-year profit but disposals hurt earnings February 20, 2024 Antofagasta saw the profits rake in higher in 2023 on the back of a more stable copper market
Moving markets: Five things shaping the FTSE 100 today February 20, 2024 Asia stocks struggle despite China's interest rate cut, while Middle East tensions keep oil prices near three-week highs. Investors are focused on Bank of England's Bailey speech and Nvidia earnings.
Anglo American’s platinum mining firm to cut 3,700 jobs after profit nosedive February 19, 2024 The firm's redundancies are likely to predominantly cover its South African operations
Polymetal looks to sell-up and quit Russia over nationalisation fears February 19, 2024 Polymetal has been looking to leave the war-torn market for months
Top energy firms to hold crisis talks on Labour’s windfall tax plans February 19, 2024 Major oil and gas firms are set to hold crisis talks this week to discuss concerns about Labour’s windfall tax plans for the sector.