Market Reports

ALROSA, the world’s largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7 million. Rough diamond sales amounted to $315.8 million, while those for polished diamonds stood at...

Peabody announced it is proceeding with the ventilation of the first segment of the North Goonyella Mine in consultation with the Queensland Mine Inspectorate as part of a comprehensive phased reventilation and re-entry plan and expected longwall production in...

Freeport-McMoRan announced an agreement to sell its cobalt refinery in Kokkola, Finland and related cobalt cathode precursor business to Umicore for total consideration of approximately $150 million, plus working capital at the time of close. Under the terms of the...

Anglo American plc announces the value of rough diamond sales for De Beers’ fourth sales cycle of 2019, amounting to $415 million. Bruce Cleaver, CEO, De Beers Group, said: "Cycle four saw lower rough diamond sales against a backdrop of...

Glencore plc ("Glencore") is pleased to announce the refinancing and extension of its revolving credit facilities (the "Facilities") effective 24th May 2019. The short-term Facilities were initially launched at USD 8 billion and closed substantially oversubscribed, raising USD 10.55 billion,...

Gold miner Nordgold will, this year, maintain its investment in its Burkina Faso mines at similar levels to the $145-million in capital expenditure (capex) invested during 2018. The company, which operates the Bissa, Bouly and Taparko mines in the country,...

Mining giant Rio Tinto has completed commissioning of its 100% owned $A2.6bn ($1.9bn) Amrun bauxite mine in Queensland, Australia. The Amrun bauxite mine, which is located on the Wik-Waya traditional land in Cape York Peninsula, along with the plant...