Bitcoin ETFs test investor commitment to gold-backed paper A surge of interest in bitcoin exchange-traded funds is prompting some investors to swap out holdings in gold-backed ETFs. Reuters | February 22, 2024 | 11:12 am
Australia’s lithium producers see signs market is stabilizing In the short term, prices of lithium ore spodumene appear to have levelled out, says Pilbara Minerals CEO. Reuters | February 22, 2024 | 10:00 am
Harmony Gold flags profit leap on higher output and prices The miner estimates a gold production increase by as much as 14% year on year. Reuters | February 22, 2024 | 9:56 am
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast Salares Norte is expected to produce 250,000 ounces of gold this year, before ramping up to 580,000 ounces in 2025. Reuters | February 22, 2024 | 9:38 am
TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit. Reuters | February 22, 2024 | 6:49 am
Fortescue beats on first-half profit, posts strong dividend Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand. Reuters | February 21, 2024 | 4:24 pm
Vale says its Sossego copper mine operating license has been suspended Vale produced 66,800 metric tons of copper in 2023 in Sossego. Reuters | February 21, 2024 | 4:20 pm
IGO profit slumps on impairment charge, weak prices IGO's net profit attributable for the half year ended Dec. 31 came in at A$288.3 million. Reuters | February 21, 2024 | 2:37 pm
Pilbara Minerals HY profit slumps, withholds dividend Australia's biggest pure-play lithium miner reported after tax half-year profit of A$273 million. Reuters | February 21, 2024 | 2:35 pm
Australia’s Orica seals $640m deal to buy US chemical firm Cyanco Cyanco produces NaCN, a specialized chemical required for gold processing, at its Nevada and Texas plants in the US. Reuters | February 21, 2024 | 2:00 pm
Eramet in talks with France to offload debt from SLN nickel unit Eramet, which has refused to inject more funds into SLN, aims to reach a deal in the coming weeks to remove some 320 million euros of debt. Reuters | February 21, 2024 | 10:07 am
