January 1, 1970

De Beers sells R9.87bn of diamonds at auction

De Beers has completed a fourth offering of rough diamonds this year, signaling a stronger-than-expected demand during what is usually a weaker quarter. Source: News
January 1, 1970

BHP flags 'another 10yrs' as iron ore adjusts after boom

The iron ore market will take longer to balance out than other commodities as excess supply may take years to be absorbed after a boom, according […]
January 1, 1970

Rio Tinto boss shelves giant iron ore project – report

Rio Tinto has shelved its $20bn Simandou iron ore project in Guinea because of a sustained slump in prices, says chief executive Jean-Sebastien Jacques. Source: News
January 1, 1970

Anglo American head avoids feeling complacent

The head of Anglo American has seen the miner’s share price almost triple this year, topping gains in the benchmark FTSE 100 Index. Source: News