South32 turns 1% revenue growth into fivefold profit surge
As higher copper and silver prices and the recovery of its Australian manganese operations lift margins.
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AI | artificial intelligence | Fast News | Mineweb | SF Diamond | Zhecheng Huifeng Diamond Technology
China’s lab-grown diamonds emerge as unlikely winner in AI boom
Momentum accelerates as shipment begins.
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A gold miner is set to reboot a Hong Kong listing type not seen in 12 years
The Indonesian miner seeks fresh international capital as domestic market weakness weighs on investor sentiment.
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Court orders sheriff to seize Kego Mining’s assets over R51m debt
The junior miner has until 8 May to explain why the order should not be made final.
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Nersa approves interim tariff discount for Glencore-Merafe and Samancor smelters
How it will be funded is still unclear.
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commodities | Economy | Federal Reserve | gold | John Reade | Mineweb
Gold, silver stumble after their best year since the 1970s
The surprise of the year ‘was how safe-haven metals turned into momentum trades’.
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china | electricity | Emalahleni | Eskom | Industry | Mineweb
SA’s last manganese smelter warns 600 jobs at risk
Claims that it cannot compete with international smelters whose electricity costs are roughly half of its own.
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Copper rally boosts Zambia’s kwacha
As Africa gains from commodities.
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Anglo American | Australian miner | BHP | china | Fast News | Mineweb
China’s Jiangxi to buy copper miner SolGold in $1bn deal
Many in the industry are forecasting a shortage of the metal as the global economy electrifies, leading to a series of approaches among big miners, including a failed bid by BHP for Anglo American Plc.
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Australia set for desalination boom as water shortages loom
Oxford Economics reckons that over the next 10 years, demand for drinkable water will increase by more than 10% in some areas.