Gemfields reports $121 million in first-half auction revenue, driven by strong demand for emeralds and rubies, with plant upgrades on schedule.
News
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Sibanye-Stillwater delays financial results release due to a cyberattack disrupting IT systems, emphasizing the need for robust cybersecurity.
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Anglo American will focus on copper, iron-ore, and crop nutrients by 2025, demerging other businesses for a streamlined and resilient future.
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Tharisa has signed a long-term power purchase agreement to supply electricity to its Tharisa Mine, ensuring stable energy and supporting operational efficiency and sustainability.
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Anglo American reports a $1.6 billion writedown on its UK fertilizer project, contributing to a first-half loss amid ongoing restructuring efforts.
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Anglo American CEO Duncan Wanblad will address investors on strategic updates post-BHP takeover bid, focusing on copper, iron ore, and fertilizer projects.
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CommoditiesExploration & DevelopmentNews
First Quantum Begins Commercial Production at Zambia Nickel Mine
First Quantum begins commercial production at Zambia’s Enterprise nickel mine, enhancing the country’s role in the battery metals market.
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The Minerals Council South Africa backs beneficiation projects that are economically viable, highlighting the importance of value addition and economic sustainability.
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Vale plans to develop low-carbon mega hubs in Brazil, the US, and the Middle East, focusing on green hydrogen to revolutionize the steel industry.
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Kumba Iron Ore supports South Africa’s new government rail reform efforts but warns that resolving infrastructure issues may take several years.