MP Materials swings to quarterly loss on falling rare earths prices The company posted a quarterly net loss of $16.3 million. Reuters | February 22, 2024 | 1:40 pm
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
Artemis says expanded Blackwater gold mine would generate $370m annual cash flow Development of the first phase is nearing completion, with the project expected to pour its first gold bar in the second half of 2024. Staff Writer | February 22, 2024 | 10:41 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
Surge Battery declares highest-grade lithium clay resource in US The inferred resource totals 4.7 million tonnes of lithium carbonate equivalent grading 2,839 ppm. Staff Writer | February 22, 2024 | 9:14 am
Anglo American to produce iron ore from Vale’s Serra da Serpentina deposit in Brazil The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex. Staff Writer | February 22, 2024 | 8:40 am
