SQM profit down 82% as lithium prices slide The company said it expected lithium sales volumes to increase 5%-10% this year. Reuters | February 28, 2024 | 4:52 pm
Diamond producers warn of pitfalls in G7’s Russia gem ban Russia is the biggest global supplier of uncut diamonds by volume. Henry Lazenby | February 28, 2024 | 3:02 pm
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. Bloomberg News | February 28, 2024 | 2:55 pm
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. Reuters | February 28, 2024 | 1:48 pm
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. Bloomberg News | February 28, 2024 | 11:49 am
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. Reuters | February 28, 2024 | 9:58 am
Harmony Gold to pay record interim dividend, extend life of Mponeng mine The miner will extend Mponeng’s life from seven to 20 years. Staff Writer | February 28, 2024 | 9:41 am
SSR withdraws guidance for Çöpler in light of mine disaster In 2023, the Çöpler mine produced 220,999 gold ounces. Staff Writer | February 28, 2024 | 8:55 am
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. Reuters | February 28, 2024 | 8:34 am