August 4, 2022

Zinc price highest since March as energy crunch threatens smelters

Glencore warned that Europe’s energy crisis poses a substantial threat to supply.

August 4, 2022

Glencore profit more than doubles thanks to soaring coal price

The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.

August 3, 2022

Zambia’s growth target shaky as copper output drops, prices plunge

Output fell 7.4% to 364,089 tons in the first half of 2022, data from the Zambia Chamber of Mines showed.

August 3, 2022

Global copper and nickel smelting slides in July, satellite data shows

Smelting activity was hit by weakness in China and the biggest mining region South America.

August 3, 2022

Impoverished Zimbabweans turn to scrap metal trade as inflation bites

Annual inflation, which hit 256.9% in July, has cast a shadow over President Emmerson Mnangagwa's bid to revitalise the economy.

August 2, 2022

One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin

About 700 tonnes of gold-bearing material has been recovered.

August 2, 2022

RBPlat posts 58% fall in H1 profit on lower metal prices, soaring costs

Platinum group metals have come off their highs seen during the early part of 2021, when the global economy started to emerge from the covid-19 shutdowns.

July 29, 2022

Miners’ profits face an unusual foe: extreme weather

It is an unusual situation for companies that have experience operating anywhere in the world.

July 29, 2022

Debswana diamond sales jump 54% in first half of 2022

Sales were driven by strong jewelry demand in the US market.

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.