Diamond producers warn of pitfalls in G7’s Russia gem ban
Russia is the biggest global supplier of uncut diamonds by volume.
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BHP launches major worldwide restructuring, AFR reports
The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations.
South32 to sell Illawarra project for $1.65 billion
CEO Graham Kerr said the deal will streamline the company's portfolio and unlock capital to invest in development projects in copper and zinc.
Lithium investors are looking beyond price plunge, Chile minister says
Chile’s government expects to lay out by March the broad terms of lithium contracts to be offered under a new public-private partnership model.
Foremost Lithium applies for federal funds to advance Jean Lake in Manitoba
The Manitoba government earlier provided a grant of C$300,000 to the company.
Australia considers tax credit for minerals processing, says industry group
The government is considering a 10% production tax credit that would apply to companies developing processing facilities for critical minerals.
Harmony Gold to pay record interim dividend, extend life of Mponeng mine
The miner will extend Mponeng’s life from seven to 20 years.
SSR withdraws guidance for Çöpler in light of mine disaster
In 2023, the Çöpler mine produced 220,999 gold ounces.
Bearish demand expectations challenge iron ore’s price resilience
Prices have fallen by nearly 8% since the end of the Lunar New Year holiday in China.
