Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident
The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.
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Nippon Steel’s China assets raise concerns over US deal
The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel.
Hochschild pours first gold at Mara Rosa mine in Brazil
Commercial production expected towards the end of Q2 2024.
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.
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.
