April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

April 11, 2024

Iron ore price drifts higher as soft China data triggers stimulus hopes

New data maintained pressure on policymakers to launch more stimulus as demand remained weak.

April 10, 2024

Chinese investors snap up copper, gold stocks to drive 10% gains

A gauge tracking resources firms listed in Shanghai and Shenzhen has gained 10% in the past month.

April 10, 2024

Vitol CEO confirms energy trading giant is getting into metals

The world’s biggest independent commodities trader is expanding beyond oil, gas and power.

April 10, 2024

NextSource stock jumps on lease agreement to build graphite plant in Mauritius

NextSource has pre-ordered process equipment with a production capacity of 3,600 tonnes per year of spheronized and purified graphite.

April 10, 2024

CleanTech Lithium suspends CEO on shares-backed loan

It said that Aldo Boitano transferred his entire holding of 9,400,002 ordinary shares to a custodian account nominated by a bank. 

April 10, 2024

Gold price rally halted on signs of likely Fed rate cut delay

Both the US Treasury yields and dollar rose after the latest core consumer price index data.

April 10, 2024

Revival adds second gold project with takeover deal for Ensign Minerals

Revival Gold considers the large regional package at Mercur to "hold attractive potential for additional discoveries."

April 10, 2024

Copper price pauses rally as traders weigh US inflation data

Copper is entering a second bull market this century, Citigroup said this week.

April 10, 2024

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".