July 29, 2022 Glencore flags cash tied up in record trading profits The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.
July 28, 2022 Anglo American’s new boss sounds warning on future copper supply The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.
July 28, 2022 Zimbabwe to raise taxes on platinum, lithium to boost revenue The southern African country is the third largest producer of platinum, after South Africa and Russia.
July 28, 2022 Anglo American cuts dividend as inflation, extreme weather erode earnings Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.
July 28, 2022 Rio Tinto inks deal to unlock huge Simandou iron ore project The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.
July 27, 2022 Eskom seeks partners for $71 billion energy transition plan The state-owned power utility is saddled with 396 billion rand of debt.
July 27, 2022 Rio Tinto says Simandou deal close after wrangles over railway Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.
July 27, 2022 Lundin Group founder Lukas Lundin dies at age 64 The mining entrepreneur died in Geneva at the age of 64, following a two-year battle with brain cancer.
July 27, 2022 Gold trading kicks off on Nigerian exchange ahead of launch For the first time the metal will be offered on a bourse in the West African nation.
July 27, 2022 Lucapa finds giant pink diamond said to be Angola’s largest in 300 years The 170-carat pink diamond, named the “Lulo Rose”, will be sold later this year through an international tender.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
