Новости за 29.02.2024

A phased reduction in group output owing to a probable decline in production from Impala Canada and Mimosa in Zimbabwe is likely from platinum group metals (PGMs) mining and marketing company Implats, which on Thursday reported lower group profitability, despite disciplined cost control and solid production across several operations. The odds-on decline in production amounts to roughly 8% of the production guidance of the 2024 financial year to June 30. (Also watch attached Creamer Media video.)

Vancouver-based SSR Mining has retracted its previously issued 2024 and long-term guidance forecasts for the Çöpler mine, in Türkiye, following a significant slip on the heap leach pad earlier this month. Nine individuals remain unaccounted for as a result, the TSX- and ASX-listed company reported on Wednesday, announcing fourth-quarter and year-end results.

New York- and Santiago-listed Sociedad Química y Minera de Chile (SQM) has posted a sharp drop in full-year earnings, despite lithium volumes reaching new record levels as spodumene concentrate production started at Mt Holland, in Australia. The company’s earnings decreased by about 48.5%, from $3.9-billion to $2.01-billion, in the 12 months ended December 31. Revenue fell by 30% to $7.47-billion in the year under review.

The significant decline in platinum group metal (PGM) prices during 2023 has resulted in notably lower group profitability, despite disciplined cost control across several operations, PGMs mining and marketing company Implats reported on Thursday.   The group generated earnings before interest, taxes, depreciation and amortisation (Ebitda) of R8.4-billion, headline earnings of R3.3-billion or 365c a share, and recorded a free cash outflow of R4.8-billion, after funding capital expenditure of R6.8-billion.

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, Mining Minister Aurora Williams told reporters on Wednesday. Authorities then expect to have contracts defined by the end of June ahead of a bidding process, Williams said at an event in Santiago. Lithium investment interest remains steady even as prices of the battery metal slump, she said.