Copper tariff exemption triggers trading chaos
GLOBAL copper markets suffered their most severe disruption in a year marked by policy volatility and extraordinary price fluctuations after President Donald Trump's last-minute...
Anglo will be “pragmatic” in getting Peabody deal over the line
ANGLO American CEO Duncan Wanblad said he would be "pragmatic" about selling the firm's metallurgical coal assets in Australia amid a dispute with buyer,...
Anglo negotiating with Botswana for increased stake in De Beers
ANGLO American said it was negotiating with the Botswana government to increase its 15% stake in De Beers ahead of selling the business, which...
Rio posts five-year low first-half profits
RIO Tinto delivered its poorest first-half earnings in five years as falling iron ore prices and Western Australian cyclones battered the mining giant's primary...
Glencore to slash costs $1bn by end of 2026
GLENCORE has unveiled plans to slash $1bn in costs by the end of 2026 following a comprehensive review of its mines and smelters, the...
SA chrome tax not a balanced approach to development
VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa.
Earlier this month, South Africa's Cabinet approved...
Griffith the latest talent to swim free of Vedanta’s grasp
THE departure of Chris Griffith, former CEO of Anglo American Platinum (Amplats), from Vedanta this month is the latest in a series of setbacks...
Ghana shortens licences in sweeping mining law reform
GHANA has announced its most comprehensive mining legislation reforms in nearly two decades, featuring shortened licence periods and mandatory direct revenue-sharing with local communities,...
De Beers to post interim loss as discounts inventory diamonds
ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its financial year.
This was owing...
Can South Africa save its minerals exploration sector?
Last year, a South African government-backed fund invited applications from would-be junior miners, hoping to find that the country’s mineral exploration business was not...