Rio Tinto CEO emails staff about “fundamental” restructure
RIO Tinto CEO Simon Trott wanted a "fundamental" reorganisation of the mining giant, focusing operations around its most profitable commodities, said Bloomberg News citing...
Brussels to probe China-backed Anglo nickel deal
THE European Commission is to launch an investigation into the $500m sale of Anglo American's nickel business to Chinese company MMG, said the Financial...
Investors drive gold demand to record $146bn in third quarter
DEMAND for gold reached a record $146bn in the third quarter as investors flocked to the metal and – importantly – central banks increased...
Anglo expects Chilean copper recovery in 2027
ANGLO American anticipates its flagship Chilean copper mine will return to normal production levels in 2027 after confronting a period of lower-quality ore that...
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.
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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...