Coal and copper weigh on Joy Global results

The world’s largest refined platinum producer Anglo American Platinum (Amplats, AGPPY) says it will hit its full-year production target for 2012, despite a severe fall in production in the first quarter of this year.

Copper prices will continue dipping but only until the middle of this year, at which point they should start rising again, according to the latest Thomson Reuters’ GFMS Copper Survey and members of the industry.

A trader at the Israeli diamond center has been barred from entering the diamond complex in Ramat Gan after allegedly operating a Ponzi scheme. On Wednesday, a $1.3 million lawsuit was filled against him, claiming a 'sting' operation.

Speculation is mounting that group of heavy-hitting investors—including filmmaker James Cameron and Google executives Larry Page and Eric Schmidt—may announce next week in Seattle plans to mine asteroids for minerals.

US-based Southern Copper and Australia's Oz Minerals are both looking to acquire assets in South America, according to media reports Wednesday.

Diamond production by De Beers decreased to 6.2 million carats in the first quarter. This is a decline of 16 percent year-over-year and 4 percent compared to the fourth quarter of 2011.

Codelco is responsible for roughly 10% of global copper production and acts as a bellwether for the industry.

Ivanhoe Australia Limited (ASX:IVA), a separate company from $10-billion market cap Ivanhoe Mines but sharing CEO Robert Friedland, had an up-day in […]

One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late.