Dealmaker Hannam sues Randgold for up to $18m over Barrick merger work

Dealmaker Ian Hannam is suing Randgold Resources for up to $18-million he says he is owed for work on its acquisition by Canada's Barrick Gold, telling a London court on Friday that the gold miner... 

Ukraine's key coking coal mine still operating as Russians close in

A coal mine in the eastern Ukrainian town of Pokrovsk, the sole domestic supplier of coking coal to the steel industry, continues to operate as Russian troops approach, an industry source said on... 

Barrick’s buccaneering boss tested as Mali squeezes gold miners

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 

Nornickel's largest investor Interros objects to Rusal lawsuit over dividends

Nornickel's largest shareholder Interros said on Thursday it had filed an objection to a London lawsuit brought by fellow shareholder Rusal, alleging that Rusal is attempting to maximise dividends... 

Antofagasta, Jiangxi agree major drop in 2025 copper TC/RCs, sources

Chilean miner Antofagasta and Jiangxi Copper have agreed significantly lower copper concentrate processing fees for 2025, four sources with knowledge of the matter told Reuters on Thursday. The... 

Alberta cleans up 5% of inactive wells in 2023

The number of inactive oil and gas wells in Alberta, Canada's main fossil fuel-producing province, fell 5% in 2023 from a year earlier, showing progress in decommissioning and reclamation work, a... 

Chile doubles number of lithium sites open to investment

Chile has designated six more sites where private companies are eligible to extract lithium, adding to six previously announced, the mining ministry said on Thursday. Chile, the world's No. 2... 

Mali issues arrest warrant for Barrick Gold CEO

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 

NexGen inks first uranium sales deals with major US utilities

Canada-based uranium miner NexGen Energy said on Wednesday it had signed its first agreements with US utility companies to supply five-million pounds of the nuclear fuel ingredient. Uranium will... 

BHP not fixated on copper growth organically or through acquisitions, exec says

BHP is not fixated on whether copper growth comes from building out its own business or through acquisitions, the miner's president of Australia, Geraldine Slattery, said on Thursday. "Growth is... 

Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say

A workers' strike at B2Gold's flagship mine in southwest Mali has reduced mining operations to just 25% of its capacity, two employees at the mine told Reuters on Tuesday. Between 1 875 and 2 000... 

France's Orano says it has lost control of uranium mine in Niger

French nuclear fuels company Orano said on Wednesday that authorities in Niger have taken control of its Somair uranium mine as the military-led government steps up pressure on foreign investors in... 

Activist investor Palliser urges Rio Tinto to scrap primary London listing

Activist investor Palliser Capital demanded Rio Tinto scrap its primary listing in London and unify its corporate structure in Australia, saying about $50-billion in shareholder value has already... 

Chile aims to invest $83bn in mining through 2033, newspaper says

Chile plans to invest about $83.18-billion from this year through 2033, state-run agency Cochilco said in a study cited in a newspaper report on Tuesday, an increase of 27% from last year's... 

Portugal plans to hold delayed lithium tender in 2025

Portugal's government plans to launch a long-delayed tender of lithium prospecting licenses in 2025 as it seeks to make the country a top European supplier of critical metals for the green... 

Firms launch physical uranium buying for small investors using blockchain

A blockchain platform and a uranium trading company launched a marketplace on Tuesday to allow small investors to buy physical uranium, hoping to boost spot liquidity in the niche commodity.... 

Biden pushes out over $100bn in clean energy grants as term winds down

US President Joe Biden's administration has awarded over $100-billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said. The... 

Vale to produce up to 335Mt of iron-ore in 2025

Brazilian miner Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year. Vale, one... 

Larvotto signs antimony offtake agreement with Wogen

Larvotto Resources said on Monday it had signed a binding offtake agreement with trading house Wogen Resources for sales of its first seven years of antimony output at the Hillgrove project in New... 

Shares in Green Minerals fall 40% after Norway stops deep-sea mining

Shares in Norwegian sea bed mining start-up Green Minerals fell by 40% on Monday after the government scrapped a first licensing round for deep-sea mining in return for support for its annual... 

Norway stops deep-sea mining, for now

A small leftwing environmentalist political party in Norway succeeded on Sunday in blocking plans to mine the sea bed at the bottom of the Arctic, by demanding the government scrap its first... 

Peru votes to extend informal mining permits for six more months

Peru’s Congress voted late on Friday to extend for six months a controversial permit that allows informal mines to operate in the country. The permit, known as Reinfo, is opposed by most of the... 

Russia cancels exchange rate duty for coking coal, government says

ussia has cancelled an exchange rate duty for coking coal and extended a moratorium on such a duty for thermal coal and anthracite, the government said on Friday, saying the decision was aimed at... 

McEwen Copper seeks $2.5bn for Argentina copper mine Los Azules

anada's McEwen Copper is scouting for investors to raise $2.5-billion to move forward with construction of Los Azules copper mine in Argentina, company vice president Michael Meding said in an... 

Codelco reaches contract agreement with project unit employees

Chile's State-owned miner Codelco, the world's largest copper producer, said on Thursday it had reached a new collective bargaining agreement with the union in charge of developing some of its most... 

Ottawa must ensure Trump understands importance of Canadian oil to US, Minister says

Ottawa must make sure the Trump administration understands how inter-related energy markets are in the US and Canada, a Canadian government minister said on Thursday, commenting on President-elect... 

Omani firm replaces sanctions-hit Alrosa in Angolan diamond miner

A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled diamond miner Catoca, an Angolan official said on Thursday. Angola has been... 

Possible tariffs worry Canada uranium miners as they boost output to meet US demand

Canada's uranium miners, confident that only they can meet US demand for the element after Russian supply curbs, have accelerated output and forward contracts to supply U.S energy companies, but... 

Woodside to bring in several partners to Louisiana LNG project by March, CEO says

Woodside Energy expects to bring several partners into its Louisiana liquefied natural gas development by the time the company gives the financial go-ahead to the US project in the first quarter of... 

Madagascar's Ambatovy nickel project to complete debt restructuring in December, says Sumitomo

Madagascar's Ambatovy nickel project companies expect to complete its debt restructuring in early December, the project's major shareholder Sumitomo Corp 8053.T said on Thursday, adding that it was... 

Botswana to become certifier in G7 Russian diamond ban

Major African diamond producer Botswana will join Antwerp as an origin certifier of rough diamonds for export to the G7 which banned imports of Russian stones from the start of this year, a joint... 

Nornickel sees new technologies sustaining China's palladium demand

Russian metals giant Nornickel believes that new technologies it is developing, including for the synthesis of hydrogen, will create demand for palladium in China equal to up to 15% of current... 

Codelco bonds still not offering attractive returns, Gimme Credit report says

Chile's State-owned Codelco's bonds have yet to offer attractive returns and there are doubts whether the world's largest copper producer can improve earnings and credit metrics, according to a... 

Guilbeault warns oil and gas companies against withholding emissions data

Canada's Environment Minister warned on Wednesday that oil and gas companies would be breaking federal laws if they withheld emissions data, after Alberta's premier said the province was... 

Galp drops plans to build Aurora lithium refinery in Portugal

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it failed to find a new partner to replace Northvolt, a Swedish maker of... 

Bolivia says China's CBC to invest $1bn in lithium plants

Bolivia's government and Chinese consortium CBC, which includes battery manufacturer CATL, have signed an agreement for CBC to build two direct lithium extraction plants for at least $1-billion,... 

Ecuador mineral exports could fall by some 20% this year, recover next year-official

Ecuador's mineral exports could fall by some 20% year-on-year, mining vice-minister Rebeca Illescas told an industry conference on Tuesday, as power cuts and delays in giving export licenses hit... 

US oil firms unlikely to go 'drill, baby, drill' under Trump, says Exxon executive

S oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said on... 

Falling gold prices revive physical demand in key markets

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said. Spot gold prices... 

Biden officials make last-ditch push for Greenland mining investment

The outgoing administration of US President Joe Biden is making a last-ditch push for mining companies and others to invest in Greenland, a move aimed at cementing its critical minerals diplomacy...