MP Materials swings to quarterly loss on falling rare earths prices
The company posted a quarterly net loss of $16.3 million.
Latest Stories
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.
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.
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.
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.
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.
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.
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.
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.
