Titanium miner Kenmare’s H1 profit surges on stronger Chinese demand
Kenmare Resources' pretax profit for the first half of the year tripled as it shipped more finished products to China and other Asian markets.
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Lucara Diamond moves forward with ‘stone by stone’ sales plan
Miner will include Sarine’s mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.
Gold investors ‘give up hope’ as biggest short in history builds
Gold is hitting new milestones of misery.
AngloGold swings back to profit days before new boss takes helm
The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs.
Australian iron ore miner Fortescue’s annual profit halves
Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell.
Gemfields’ operation in Ethiopia under siege by armed groups
Back in June, the site was overrun by a mob estimated at between 300 and 500 people
Mine collapse in Zimbabwe kills one, injures three
The Zimbabwe National Army has been dealing for months with people working illegally at the mine site.
Hedge funds turned record short on metals just before the rout
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
