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.
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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.
Aurubis slides after Q3 earnings miss
Shares in Aurubis fell as much as 8.8% after earnings at Europe's largest copper producer missed expectations.
Vedanta plans debt refinance to cut funding costs after upgrade
The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028.
