Lynas posts record profit on rare earths demand Demand for neodymium and praseodymium (NdPr), one of the most important minerals that Lynas mines, has soared in recent years. Reuters | February 24, 2022 | 2:12 pm
Gold mining stocks set for revival, Agnico chairman says The Canadian industry veteran sees gold hitting record highs this year in volatile trading as inflation outpaces interest rates. Bloomberg News | February 24, 2022 | 2:07 pm
MP Materials reports higher profit as rare earth prices surge MP said its realized price for rare earth oxides (REO) soared 148% to $10,101 per metric tonne square in the quarter. Reuters | February 24, 2022 | 1:50 pm
Biden team to hold off on Russia sanctions hitting aluminum Russian-supplied aluminum accounts for roughly 10% of total US imports, highlighting the negative impact that sanctions could have. Bloomberg News | February 24, 2022 | 10:50 am
Makuch hands over Agnico Eagle reins Reconstituted Agnico Eagle sets initial gold production guidance at 3.2 to 3.4moz. Henry Lazenby | February 24, 2022 | 10:47 am
S.African labour unions set March 1 date for Sibanye strike vote The unions said they had rejected Sibanye's final offer, which would increase underground workers' wages by 800 rand ($51.67) a month in each of the three years under negotiation. Reuters | February 24, 2022 | 9:33 am
Anglo American hits record profit, more than triples payout It joined other top miners that have delivered record profits this week, with full year earnings of $20.6bn and a $2.1bn final dividend. Cecilia Jamasmie | February 24, 2022 | 9:21 am
Newmont flags omicron hit to quarterly output The world's top gold miner posted a 27% drop in fourth-quarter adjusted profit. Reuters | February 24, 2022 | 9:16 am
Aluminum price jumps to record as Russian attack boosts supply risks The gains will heap fresh inflationary pressure on buyers who use aluminum in everything from cables to drinks cans. Bloomberg News | February 24, 2022 | 9:11 am
