Impala Platinum flags $1bn impairments after metal price plunge
The miner will publish its financial results on Aug.29.
Latest Stories
Glencore ceases to stockpile cobalt
Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016.
Zambia’s proposed minerals law may hurt copper investment, mines lobby says
Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia.
Gem Diamonds digs up 145 carat diamond in Lesotho
The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.
Glencore scraps plans to ditch coal on investor pressure
Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.
Soaring prices have Australian gold bugs expecting M&A splurge
Major Australian companies including Northern Star Resources and Ramelius are reporting stronger cash flows this year.
Draslovka’s leaching technology to retreat gold and nickel tailings in Western Australia
Subsidiary Encore Minerals has entered into an agreement with Poseidon Nickel to retreat and monetise tailings.
UK Royal Mint opens facility to recover gold from e-waste
The move would provide a more sustainable source of the precious metal and reduce dependence on traditional mining methods.
First Quantum to trim work hours at stalled Panama copper mine
The decision may put some pressure on the new administration of President Jose Raul Mulino.
