Alrosa nixes dividend as economic sanctions bite
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
United Kingdom
Odds ‘n’ Sods: Hiring can be a fine art
Recruiting geologists and engineers for a project can be a tricky business. For all sorts of reasons, someone who comes across well in an interview can be an absolute antisocial…
ICMM members paid US$23.7B in taxes in 2020
The 28-members of the International Council on Mining and Metals (ICMM) reported total tax payments of US$23.7 billion in 2020, an effective tax rate of 39.7%, and an increase of…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
The View from England: Party time is upon us
The U.S.A. is celebrating this week but Scotland will follow soon after, and there are few nations on Earth that know how to party like the Scottish, especially when there…
Weir Group cuts profit guidance following crippling cyberattack
Industrial pump maker Weir Group (LSE: WEIR) is reeling following a sophisticated cyberattack in the second half of September that forced it to isolate and shut down its core IT…
The View from England: Time to attack
The 2021 United Nations Climate Change Conference of the Parties, also known as COP26, will be held in Glasgow between October 31 and November 12, and the mining industry could…
The View from England: Burning lessons for mining
The ‘Burners’ amongst you will not need reminding that the Burning Man festival takes place in Nevada’s Black Rock Desert every year during the week leading up to the U.S….
The View from England: Pandemic yields buried treasure
Gold is still being discovered in England, but it’s not geologists doing the finding. As we emerge from the pandemic it seems that many of us spent the lockdown digging…
Battery and ‘green’ metals brighten outlook for mining sector
The transition to electric vehicles could take a decade or two but demand for the key metals in batteries and energy storage systems will only continue to grow as the…
How the maths can help you understand the price behaviour of base metals
Studying the maths of base metals’ price behaviour is not done to compete with conventional market analysis, rather it helps all analysts to better quantify relationships between market circumstances and…
Global gold output to rise 5.5% in 2021, Global Data reports says
After declining in 2019, global gold production was adversely affected by the Covid-19 pandemic during 2020, while the suspension of expansion works and contractions from mines nearing closure also exacerbated…