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Alcoa Reports Q1 Results; Newmont's 2023 Sustainability Report; Foremost Lithium To Attend Planet MicroCap Showcase And More: Thursday's Top Mining Stories

Published 18/04/2024, 22:38
© Reuters.  Alcoa Reports Q1 Results; Newmont's 2023 Sustainability Report; Foremost Lithium To Attend Planet MicroCap Showcase And More: Thursday's Top Mining Stories

Benzinga - by austin@walkonholdings.com, .

Top Stories for April 18, 2024:

  • Alcoa Corp (NYSE:AA) reported first-quarter losses of 81 cents per share with revenues of $2.6 billion, slightly above the expected $2.56 billion.
  • Alumina production fell by 4% to 2.67 million metric tons and aluminum production remained stable at 542,000 metric tons.

    Alcoa also finalized acquiring Alumina Limited and projects full-year alumina production of 9.8 million to 10 million metric tons and shipments of 12.7 million to 12.9 million metric tons.

  • Newmont Corporation (NYSE:NEM) released its 2023 Sustainability and Taxes & Royalties Reports, marking 20 years of its sustainability efforts.
  • The company increased female leadership to 33%, reduced freshwater use by 31% since 2018 and met a $20 million commitment to support communities affected by COVID-19.

    Newmont has been ranked as the top gold mining company on the Dow Jones Sustainability Index for nine years and is also highly ranked on 3BL’s Corporate Citizens list.

    Also Read: New Canadian Budget Deemed Mixed Bag For Mining Sector

  • Foremost Lithium Resource & Technology Ltd (NASDAQ:FMST) announced its participation in the 2024 Planet MicroCap Showcase on May 1 to 2 at the Paris Hotel & Casino in Las Vegas.
  • Jason Barnard

  • Nucor Corp (NYSE:NUE) appointed Nicole B. Theophilus as executive vice president of Talent and Human Resources, starting April 29, 2024, to lead the company's talent development and HR strategy.
  • Scotiabank Maintained its Sector Underperform rating on Southern Copper (NYSE:SCCO) but raised its price target to $55.
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    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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