(Rapaport) - Petra Diamonds posted a net profit of $28.4 million during the fiscal half year that ended on December 31, which was up from a loss of $15.2 million one year earlier. Profit was driven by a significant increase in the company's revenue and production during the period.
News
Sibanye-Stillwater targets 75% chrome volume increase
Chrome is a growing value contributor to Sibanye-Stillwater's South African platinum group metals portfolio, delivering margins, resilience and project support, Mining Weekly has reported.
Today
Nornickel to transfer all palladium concentrate production to Monchegorsk
Norilsk Nickel intends to transfer the processing of one of the intermediate products from the Copper Plant in Norilsk to its Kola site in Monchegorsk, which will increase metal recovery, speed up the production process, and reduce costs.
Yesterday
Rio Tinto reports 3% copper equivalent growth in first half, lowers copper cost guidance
Rio Tinto has reported a 3% year-on-year increase in copper equivalent production for the first half of 2026, with chief executive Simon Trott highlighting operational performance across the group despite ongoing geopolitical uncertainty.
Yesterday
Eastplats appoints David Li as CFO, corporate secretary
Eastern Platinum has appointed David Li as its chief financial officer and corporate secretary, effective immediately.
Yesterday
Rio Tinto increases iron ore sales and lithium production in H1 2026
The British-Australian mining giant Rio Tinto reported an increase in iron ore sales to 89 million tonnes in the second quarter of 2026, while total sales for the first half of the year were 157.7 million tonnes, up 5% year-on-year.
Yesterday
