Copper price hovers above 4-month low struck during global rout Zinc also extended losses while aluminum ticked up. Bloomberg News | August 6, 2024 | 7:18 am
ERA sues Australia’s resources minister after lease for uranium deposit not renewed The Jabiluka deposit in Australia's Northern Territory is surrounded by the world heritage-listed Kakadu rainforest. Reuters | August 6, 2024 | 7:02 am
AngloGold says free cash flow to double in second half The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings. Reuters | August 6, 2024 | 6:58 am
Petra defers another diamond tender amid weak demand Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned. Cecilia Jamasmie | August 6, 2024 | 3:43 am
Commodities face contagion as global market meltdown deepens For commodities linked to industrial cycles, such as copper, a hard-landing scenario would put fresh pressure on bulls. Bloomberg News | August 5, 2024 | 3:58 pm
EnergyX makes $150 million bid for Galan Lithium’s Argentina assets The bid comes as prices for lithium have tumbled in the past year. Reuters | August 5, 2024 | 1:11 pm
Endeavour’s ex-CEO paid miner $1.35 million settlement after firing The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment. Bloomberg News | August 5, 2024 | 11:26 am
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
