VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office The sector employs nearly half a million people and contributes about 7% to the country's GDP. Staff Writer | August 5, 2024 | 10:36 am
Gold price falls over 1% as wider market crash spills over Analysts believe the precious metal could regain its footing given the persistent economic and political uncertainties looking ahead. Staff Writer | August 5, 2024 | 10:13 am
Glencore to pay $152 million fine in bribery case Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011. Staff Writer | August 5, 2024 | 8:51 am
Aurubis slides after Q3 earnings miss Shares in Aurubis fell as much as 8.8% after earnings at Europe's largest copper producer missed expectations. Reuters | August 5, 2024 | 8:18 am
Vedanta plans debt refinance to cut funding costs after upgrade The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028. Bloomberg News | August 5, 2024 | 8:09 am
Uranium miners say Australia to miss out on nuclear boom Uranium explorers are calling on Australian state governments to lift bans on mining the fuel. Bloomberg News | August 5, 2024 | 8:05 am
Agnico, Barrick dominate top Canadian miners Agnico runs the country’s biggest gold mines by output: Detour Lake and Canadian Malartic. Colin McClelland - The Northern Miner | August 5, 2024 | 8:00 am
Column: Gold’s run to record high may crimp demand Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. Reuters | August 5, 2024 | 7:51 am
Iron ore price hits 2-week high on improved Chinese economic outlook Growth in China's services activity accelerated in July, expanding for the 19th straight month. Reuters | August 5, 2024 | 7:47 am