Copper reaches record on supply shortage fears
COPPER prices achieved a record high on Wednesday as operational disruptions at major mines and a series of disappointing production forecasts from leading companies...
Colombia to purchase gold from informal miners
COLOMBIA will begin buying gold directly from small-scale producers next month in an effort to combat illegal mining and formalise a booming unregulated sector...
Glencore trims copper guidance despite strong Q3 recovery
GLENCORE trimmed the upper end of its copper production forecast for 2025 despite a strong recovery in the metal's output in the third quarter.
Full...
Gold below $4,000 described as healthy correction
GOLD prices fell beneath $4,000 per ounce this week which industry figures said was a necessary correction as the metal's rally had driven lately...
Valterra recovers from flooding amid 30% price surge
VALTERRA Platinum said production at its Amandelbult mine in South Africa's Limpopo province had recovered during the third quarter following heavy flooding earlier this...
De Beers cuts into stockpile as sale enters critical stage
DE Beers sold more diamonds at discount in the third quarter as it sought to further reduce a stockpile estimated to have topped $2bn...
Glencore-Merafe registers 51% slump in ferrochrome output
GLENCORE Merafe Chrome Venture produced 51% less ferrochrome year-to-date as high energy prices forced it to cut smelter capacity.
Ferrochrome for the first nine months...
SA iron ore exports could face margin squeeze
A PILLAR of Kumba Iron Ore's business case is that about two-thirds of its 35 to 37 million tons in annual production is sold...
Gold forecast to surpass $4,000 in 2026
ANALYSTS predict gold's rally will persist into next year, with prices averaging above $4,000 per ounce for the first time as economic uncertainty and...
Gold traders make a fortune amid hiring surge
A SCRAMBLE for experienced gold traders is underway among commodity houses, hedge funds and banks as precious metals attract unprecedented interest, said Bloomberg News....