Anglo takes another De Beers writedown as diamond woes bite De Beers has dramatically cut production to try and limit a supply glut, but so far prices have remained subdued. Bloomberg News | February 20, 2025 | 7:45 am
IGO sinks to massive loss on lithium refinery IGO’s half-year result included large write-downs amid ongoing uncertainty about the company’s Kwinana lithium refinery. Kristie Batten | February 20, 2025 | 7:41 am
World’s biggest miners pinched by iron ore’s China problem BHP, Rio Tinto, Fortescue, and Vale all posted weaker profits this week. Bloomberg News | February 20, 2025 | 7:39 am
Russia shrugs off EU ban on aluminum imports, to seek alternative buyers EU envoys agreed a 16th package of sanctions on Russia on Wednesday over Ukraine. Reuters | February 20, 2025 | 7:12 am
China lithium tech export curbs may benefit Eramet, CEO says China has proposed restricting the export of technology to process lithium in response to US tariffs. Reuters | February 20, 2025 | 7:10 am
Teck beats fourth-quarter profit estimates on strong copper production Total copper output in Q4 jumped 19% from a year earlier. Reuters | February 20, 2025 | 7:06 am
Gold Fields may consider share buyback as price rally boosts profit The South African mining company reported a 42% jump in annual profit. Reuters | February 20, 2025 | 7:03 am
Wyloo, Hastings form JV for Yangibana rare earths project Wyloo will hold a 60% participating interest in the JV with Hastings, serving as the project manager and operator. Cecilia Jamasmie | February 20, 2025 | 5:53 am
Anglo American and Codelco strike $5B copper deal They will jointly develop their adjacent Los Bronces and Andina mines, in a bid to boost copper production without major investments. Cecilia Jamasmie | February 20, 2025 | 3:55 am