Alrosa cuts 2020 production over falling demand
Company is cutting its output to 28-31 m carats, compared to initial guidance of 34 m carats.
Latest Stories
Mining billionaire gets help from ex-spies in bitter legal fight
The Black Cube operation represents the latest escalation in a bitter fight between Vale and billionaire Beny Steinmetz.
Anglo American explores South Africa coal sale alongside spin-off
CEO Mark Cutifani previously said the company had already received interest from potential buyers both inside and outside of South Africa.
Heavy duty off-road bus wins prestigious design award
The Torsus Praetorian has been awarded the 2020 Red Dot for product design.
Gold price up as pressure builds on US-China relations
Analysts believe macro and geopolitical uncertainty should continue to support gold prices for 6-12 months.
Dominion Diamond unveils plan to avoid bankruptcy
It involves selling its assets for about $177 million, which could pave the way to restart its idled Ekati mine.
A gold vault in London is key to $62 billion ETF success
SPDR Gold Shares has taken in nearly $12 billion in 2020, ranking it third for worldwide ETF inflows behind two equity-focused funds.
Fortescue Metals ups stake in Candente Copper
Fortescue now owns almost 20% of Candente, which is advancing a large scale open-pit copper project in Peru.
Coal market faces fresh speculation
Two influential publications within China have raised the specter of the country tightening imports from Australia.
