Iron ore price up after mine closures in Brazil and China

It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.

Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.

China, the world's largest energy consumer, burned the least coal in six years.

Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.

Cyclone Debbie forcing Asian steelmakers to diversify supply – Mozambique could be big beneficiary.

Coal shipments from North Korea to China fell from 1.4 million tonnes, worth $126 million, in January to zero in April.

Chinese demand for refined copper up 30% in May while falling concentrate imports point to tight supply.

Fortescue’s Power says rebar prices have jumped after closures

The group of 31 people arrested over the weekend at the copper-mining town of Chingola, includes a pregnant woman and two other people with malaria.