July 6, 2012 July 6, 2012: The day the Oppenheimers said goodbye to De Beers The Oppenheimer family, controller of giant diamond miner DeBeers since 1927, has officially let go of its 40% stake in the company after South Africa’s Mineral Resources Minister approved the…
July 6, 2012 Xstrata-Glencore merger vote postponed: unions raise concerns Xstrata has delayed voting on a merger with Glencore as investors continue to dictate the offer and unions become more vocal about their concerns over the deal.
July 5, 2012 SEMAFO announces second quarter gold production of 60,500 ounces Averaging the gold price for the quarter at $1,615 per ounce, the company saw revenues of $98.4 million. This compares to an averagegold price of $1,519 per ounce for total…
July 5, 2012 Australia won’t get in the way of Glencore-Xstrata Australia's antitrust regulator has decided it would not oppose commodities trader Glencore's $26 billion takeover of miner Xstrata.
July 4, 2012 Nationalization worries in South Africa, rating agencies may downgrade On Wednesday, a day after after all three major global ratings agencies – Fitch, Moody's and Standard & Poor's – placed South Africa's credit rating on negative outlook, home affairs…
July 4, 2012 Mozambique ports struggling to handle load A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35%…
July 4, 2012 Xstrata to develop south decline at Helena mine Diversified miner Xstrata Alloys was progressing the ramp-up of its Helena chrome mine, in Mpumalanga, with the development of a south decline underground, the company said.
July 3, 2012 Namakwa Diamonds poised for next stage with new CEO and Kao mine progressing The successful restructure of Namakwa Diamonds’ operations in Lesotho has turned the company's operations cash-flow positive, reduced costs and positioned the company for the next stage of development, said CEO…
July 2, 2012 Anglo American expects earnings to decrease by 20% The world's largest producer of platinum, Anglo American (LON:AAL), says it will be reporting a 20% earnings decline when it reports its next six-month period.
July 1, 2012 Five people dead after fire breaks out in Gold Fields’ mine Gold Fields (NYSE:GFI) said it is shutting down KDC West mine after an accident claimed five employees' lives.
Aluminum and copper prices take breather after explosive start to 2026 Industrial metals have enjoyed a bullish run into the new year. January 13, 2026 | 03:12 pm
