THE correction in the gold price this month was owing to liquidity demands from investors  low on cash, said Bank of America ...
RUBY and emerald miner Gemfields said it would post a loss for its 2025 financial year ended December owing to subdued prices, a delay to an expansion project, and operational interruptions, including ...
THE stranger aspect of the Iran conflict’s fallout on markets – at least, for South African investors – has been the rout in gold shares these past two weeks. With gold down 17% since its January peak ...
THUNGELA Resources could seek assets in other bulk mining products, said CEO Moses Madondo who added that a board decision will be made in June. “We’re working through the strategy, and at the right ...
IRON ore miners face billions of dollars in additional fuel costs as diesel prices soar following the near-closure of the Strait of Hormuz, said Reuters citing a senior executive at Australian iron ...
CHINESE copper inventories recorded their largest weekly decline this year as a sharp fall in prices triggered by the Iran war spurred a surge in demand from fabricators, said Bloomberg News on Monday ...
BHP’s surprise appointment of Americas head Brandon Craig as CEO has rekindled concerns over gender diversity at the top of the mining industry, after two senior female executives were passed over for ...
TUNGSTEN prices have hit their highest level in at least 90 years as the US and Israel burn through munitions supplies in their air campaign against Iran, deepening a supply crisis already set in ...
A HEFTY 17% to 20% decline in coal export prices hit Thungela Resources hard in the 12 months ended December 31 resulting in an R8.8bn write-down in assets. The impact was felt on Thungela’s full year ...
COAL contract negotiations could become “more strained” owing to energy security concerns even as the same worry is forcing ...
THE World Gold Council said on Thursday it plans to build a digital platform aimed at improving trade in gold. The initiative ...
SOUTH African miners have made hay in Australia in recent years. Harmony Gold and Thungela Resources have bought mines in the country as local resources dry up. Gold miner Pan African Resources is ...