AngloGold says free cash flow to double in second half
The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings.
Latest Stories
Copper Age 2.0: Adopting a comprehensive US copper strategy
While the US has vast reserves and resources, it needs an all-of-the-above strategy to secure copper supply.
Petra defers another diamond tender amid weak demand
Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.
Commodities face contagion as global market meltdown deepens
For commodities linked to industrial cycles, such as copper, a hard-landing scenario would put fresh pressure on bulls.
EnergyX makes $150 million bid for Galan Lithium’s Argentina assets
The bid comes as prices for lithium have tumbled in the past year.
Endeavour’s ex-CEO paid miner $1.35 million settlement after firing
The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment.
VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office
The sector employs nearly half a million people and contributes about 7% to the country's GDP.
Gold price falls over 1% as wider market crash spills over
Analysts believe the precious metal could regain its footing given the persistent economic and political uncertainties looking ahead.
Glencore to pay $152 million fine in bribery case
Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.
