Polyus posts 2023 profit jump on higher output, gold prices
Polyus's net profit rose 12% to $1.7 billion last year thanks to increased production and sales.
Latest Stories
Chinese outbound investment in EVs likely set new record in 2023
Chinese firms put $28.2 billion into EV-related industries last year.
India launches second part of critical minerals auction worth $362 billion
A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country.
Nickel-based electrode material opens doors to cobalt-free batteries
A new nickel-based electrode material opens new avenues to cobalt-free batteries for electric vehicles.
SQM profit down 82% as lithium prices slide
The company said it expected lithium sales volumes to increase 5%-10% this year.
Diamond producers warn of pitfalls in G7’s Russia gem ban
Russia is the biggest global supplier of uncut diamonds by volume.
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.
