Mining News
Brazil’s Nexa ups EBITDA 483% in Q2 on strong production and higher metal prices
(Kitco News) - The company's adjusted EBITDA was US$233 million in Q2 2021, a 483% increase compared with US$40 million in Q2 2020.
Iron ore giant Fortescue posts cash on hand of $6.9B on record shipments and revenue
(Kitco News) - Fortescue said that strong free cashflow generation contributed to cash on hand of US$6.9 billion and net cash of US$2.7 billion at 30 June 2021, compared to net debt of US$1.0 billion at 31 March 2021.
Sibanye-Stillwater to acquire Eramet’s Sandouville nickel processing facilities in France for ...
(Kitco News) - The current Sandouville facilities include a hydrometallurgical nickel refinery with a production capacity of 12,000 tonnes per annum of high-purity nickel metal, 4,000 tonnes per annum of high-purity nickel salts and solutions and around 600 ...
Thor Explorations pours first gold at its high-grade open pit Segilola mine In Nigeria
(Kitco News) - At commercial production, the plant will run at a processing rate of 715,000 tonnes per annum, targeting c.85,000 ounces of gold per annum.
Sherritt reports strong nickel and cobalt production in Q2, reduces net loss
(Kitco News) - In Q2 2021, the company’s share of finished nickel production at the Moa JV in Cuba was 4,230 tonnes, up 2% from last year while Sherritt’s share of finished cobalt production was 476 tonnes, up 12%.
