Gold to resume rally as positive sentiment holds
THE correction in the gold price this month was owing to liquidity demands from investors low on cash, said Bank of America in a...
Gemfields girds market for loss, debt pressure
RUBY and emerald miner Gemfields said it would post a loss for its 2025 financial year ended December owing to subdued prices, a delay...
Thungela mulls expansion into other bulk commodities
THUNGELA Resources could seek assets in other bulk mining products, said CEO Moses Madondo who added that a board decision will be made in...
China copper stocks fall on war-driven price drop
CHINESE copper inventories recorded their largest weekly decline this year as a sharp fall in prices triggered by the Iran war spurred a surge...
BHP appointment revives mining diversity concerns
BHP's surprise appointment of Americas head Brandon Craig as CEO has rekindled concerns over gender diversity at the top of the mining industry, after...
Iran war pushes up miners’ diesel costs
IRON ore miners face billions of dollars in additional fuel costs as diesel prices soar following the near-closure of the Strait of Hormuz, said...
Tungsten prices surge as Iran war drains stocks
TUNGSTEN prices have hit their highest level in at least 90 years as the US and Israel burn through munitions supplies in their air...
SA rues gold’s plunge – and it could get a heap...
THE stranger aspect of the Iran conflict’s fallout on markets – at least, for South African investors – has been the rout in gold...
Thungela slides into full year loss after R8.8bn asset impairment
A HEFTY decline in coal export prices hit Thungela Resources hard in the 12 months ended December 31 resulting in an R8.8bn asset impairment.
The...
Pan African pays its way out of Aussie gold penalty
SOUTH African miners have made hay in Australia in recent years. Harmony Gold and Thungela Resources have bought mines in the country as local...