Prices have climbed to a record high of $4,390 an ounce from $1,685 on Dec. 12, accelerating a rally that began in 2016, when iridium cost around $500 an ounce.
Guinean villagers in communities around the mine filed a complaint in 2019 alleging contraventions by miner Compagnie des Bauxites de Guinée SA of its commitments around resettlement and pollution.
Company said basic earnings per share for the full-year 2020 will range from $0.80 to $0.84, or 300% to 320% higher than the figure for the previous year.