De Beers partners with Tanishq to promote natural diamonds in India India has surpassed China to become the world's second-largest diamond market after the US. Reuters | August 28, 2024 | 7:11 am
Energy Resources of Australia to raise $598 million for uranium project Rio Tinto, which holds an 80% stake in the company, will subscribe for shares worth A$760 million. Reuters | August 27, 2024 | 6:11 pm
Fortescue sets out to meet strong Chinese demand for green iron The world's fourth-largest iron ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia. Reuters | August 27, 2024 | 6:01 pm
Vale’s CEO announcement to curb market speculation, says chairman Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company. Reuters | August 27, 2024 | 4:16 pm
Fortescue beats dividend payout view, shares rise The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year. Reuters | August 27, 2024 | 4:01 pm
Lynas Rare Earths’ annual profit slumps on weaker rare earths prices The world's largest producer of rare earths outside China reported net profit attributable of A$84.5 million for the year. Reuters | August 27, 2024 | 3:26 pm
Antam plans to acquire smelter owned by Tsingshan unit The company is currently expanding its downstream operation. Reuters | August 27, 2024 | 10:05 am
China’s July net gold imports via HK rise for first time since March China imported a net 25.659 metric tons in July, up from 21.919 tons in June. Reuters | August 27, 2024 | 7:58 am
Polyus’ H1 profit jumps on higher global prices Polyus on Tuesday posted a 183% jump in first-half profit. Reuters | August 27, 2024 | 6:58 am
India’s gold duty cut likely to spark buying spree during festivals India slashed import duties on gold in July to 6% from 15%, a step aimed at tackling smuggling. Reuters | August 26, 2024 | 9:43 am
China’s gold demand expected to rebound as economic jitters spur buying A revival of demand in the world's top consumer of the precious metal could further support the rally in global gold prices. Reuters | August 26, 2024 | 7:08 am
Harmony Gold sees profit surge as prices rally Harmony Gold said on Monday it will report an increase in profit of at least 64%. Reuters | August 26, 2024 | 7:02 am