October 24, 2023

De Beers output falls amid Venetia mine transition

De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction.

October 24, 2023

Petra Diamonds says supply curbs, India’s moratorium stabilizing market

The miner is confident about the positive effects that supply curbs by major producers and India's two-month import moratorium will have on the market.

October 23, 2023

Ma’aden subscribes for more Ivanhoe Electric shares to maintain 9.9% stake

The Saudi state-owned miner previously paid $126.5 million for its original 9.9% stake.

October 23, 2023

JSW steel boss says ‘nothing concrete’ with Teck

Last month, Reuters reported that JSW Steel had slowed down the process to buy a stake in Teck.

October 23, 2023

Vedanta CFO said to seek to quit months after joining firm

Sonal Shrivastava, who joined the company in June, informed Anil Agarwal about her decision to leave last month.

October 20, 2023

Graphite buyers to boost imports ahead of China’s curbs – analysts

Top buyers of graphite from China include Japan, the United States, South Korea and India.

October 20, 2023

Gold price nearing $2,000/oz as Middle East turmoil feeds safe haven demand

Since the onset of the Hamas-Israel conflict, bullion has added nearly $200 an ounce.

October 20, 2023

Japan’s JFE Steel eyes stake in Teck’s coal business – sources

JFE Steel holds 15% equity in India's JSW Steel, which was also exploring an investment in Teck's coal business.

October 20, 2023

Rio Tinto, Aboriginal group sign first solar deal for WA iron ore region

The project in Western Australia's Pilbara district comes as part of Rio's $3 billion plan to decarbonize its iron ore business.

October 20, 2023

Zimbabwe’s biggest diamond miner shifts sales to Dubai auctions

Zimbabwe Consolidated Diamond Co. has auctioned 4 million carats of stones so far this year.