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Diamond prices may recover in nick of time for stricken Petra

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PRICES for high-value diamonds have increased 10% this year, a promising development for miners of the precious stones who have been under the cosh...

Orion raises A$5.8m as question over big capital looms

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ORION Minerals confirmed on Tuesday it had raised A$5.8m (R67m) through an issue of shares which was encouragingly supported by its key shareholders. The capital...

Rio may opt for CEO with “big ticket” M&A ambitions

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RIO Tinto's incoming CEO should embrace major acquisitions while driving cost reductions, said Reuters citing sources familiar with the selection criteria favoured by the...

Glencore launches $1bn share buyback program

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DIVERSIFIED miner Glencore will spend $1bn purchasing its own shares over seven months as the company seeks to counter declining stock prices that have...

Froneman calls for western price support: report

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SIBANYE-Stillwater's outgoing CEO Neal Froneman has called on Western nations to offer price guarantees for critical minerals, arguing such support is essential to challenge...

Industrial metals fall on fresh tariff threat

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INDUSTRIAL metals fell on Monday after President Donald Trump announced plans to impose a 10% tariff on countries aligned with the BRICS bloc, injecting...

Guinea bauxite exports surge to record high

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GUINEA'S bauxite shipments soared 36% to a record 99.8 million tons in the first half of 2025, said Reuters citing official data. The increase in...

South32 sells Colombian nickel operations amid price collapse

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AUSTRALIAN diversified miner South32 has announced it will incur an impairment charge of $130m related to the sale of its Cerro Matoso ferronickel operations...

Orion halts ASX trade ahead of capital raise

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A TRADING halt in Orion Minerals shares on the Australian Stock Exchange could indicate that the company has begun the fundraising flagged by former...

UN names Rwandan firm in Congo mineral trafficking

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A CONFIDENTIAL United Nations report has identified Rwanda's Boss Mining Solution as complicit in purchasing minerals smuggled from rebel-controlled areas of Congo, according to...