Iron ore hits two-year low as demand weakens
Iron ore prices have tumbled to their lowest levels in over two years, driven down by weakening steel demand in China and expanding global supply.
Thungela takes gains to 98% as coal nears one-year high
Thermal coal prices near a one-year high as tight supplies and robust Asian demand drive up Richards Bay futures, boosting South African miners Thungela and Exxaro.
Valterra Platinum throttles back refined PGM output
Valterra cut its third-quarter refined PGM output by 41% amid maintenance rescheduling and safety stoppages, though full-year production guidance remains intact.
Teck faces strike at Canada’s biggest copper mine
Teck Resources faces a potential strike at Highland Valley Copper, Canada's biggest copper mine, adding to global supply risks as labour tensions mount across the industry.
Fortescue warns China iron ore standoff could hit profit
Fortescue warns that a protracted pricing standoff with China’s state-backed buyer CMRG could dent full-year profits if unresolved before year-end.
Gold goes digital in hunt for younger investors
A survey by the World Gold Council and Boston Consulting Group reveals how digital and tokenised gold are beginning to attract younger investors, potentially unlocking hundreds…
Chile copper slump spells volatile times for metal
Fatal accidents, severe weather, and declining ore grades are battering Chile's ageing copper operations, threatening global supply just as demand accelerates.
CME readies tungsten futures as prices soar
CME Group plans to launch cash-settled tungsten futures by early 2027 to help buyers manage volatile prices amid global rearmament and Chinese export controls.
Copper needs $332bn to avert supply crunch
Copper producers must invest around $332bn in new mines to avoid a looming supply crunch and protect the pace of global electrification, according to BloombergNEF.
Southern Palladium "vulnerable" to takeover in hungry market
Southern Palladium acknowledges it could become a takeover target following a $1.1bn upgrade in the valuation of its Bengwenyama project as global PGM supply tightens.
BHP keeps copper forecast despite 19% output fall
BHP has maintained its full-year copper guidance despite a 19% drop in quarterly output caused by lower ore grades, maintenance, and severe weather in Chile.
Iron ore market weaker amid record freight rates, says Kumba
Kumba Iron Ore reported a tough third quarter hit by softer global demand, five-year high freight rates to China, and rail disruptions caused by a derailment on the export…
DRDGold cash flow on the rise as capex burden eases
DRDGOLD recorded R725.8m in free cash inflow for the September quarter, driven by higher gold output and stronger prices that lifted operating profit by 42%.
Orion Minerals $40m offtake with Glencore gets green light
Development is set to begin at Orion Minerals' Prieska Copper Zinc Mine after the first $40m tranche of its $250m offtake agreement with Glencore became unconditional.
AngloGold Ashanti rules out share buy-back binge
AngloGold Ashanti CFO Gillian Doran stresses that share buybacks must remain opportunistic amid high equity valuations, reiterating dividends as the company's primary return…
BlackRock's Hambro lays into "reckless" gold company buy-backs
BlackRock's Evy Hambro has slammed major gold producers for committing billions to share buy-backs without adequate planning, labelling the move reckless capital allocation.
Tech firms in talks over metals supply, says Wanblad
Technology companies building data centres for AI are in active talks with miners to secure direct supplies of critical metals like copper, says Anglo American CEO Duncan Wanblad.
ARM wins Tanzania court ruling in $195m Pula case
Tanzania's High Court has struck out a $195m damages claim filed against African Rainbow Minerals and entities linked to founder Patrice Motsepe.
SA's copper hopeful Orion in need of momentum
As South Africa’s emerging mining sector navigates turbulence, junior producer Orion Minerals is working to piece together its funding puzzle and push ahead with its flagship…
Petra treasury unit wound up over £5.65m tax bill
A UK court has ordered the liquidation of a Petra Diamonds treasury subsidiary over an unpaid £5.65m tax bill brought by HMRC, coming amid wider group refinancing efforts.