Australia's VHM gets US interest of up to $200m for rare earths project

Australia's VHM said on Monday it has received a letter of interest from the US Export-Import Bank (EXIM) for up to $200-million in funding to support development of its Goschen rare earths and... 

Congo to permanently ban cobalt exporters that breach quotas, says President Tshisekedi

The Democratic Republic of Congo will permanently ban cobalt exporters that violate its new quota system, President Felix Tshisekedi has warned, as the world's top producer tightens controls to... 

Trump administration eyes stake in company developing Greenland rare earths mine

Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the... 

Ecuador revokes environmental license for Canada's DPM to develop gold project

Ecuador's government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area, the... 

Anglo American starts arbitration process against Peabody over collapsed deal

Anglo American has initiated arbitration proceedings against Peabody Energy in response to the termination of a purchase agreement for the British mining giant's steelmaking coal assets, the... 

USA Rare Earth shares surge after report miner in close talks with White House

USA Rare Earth shares jumped 10% in premarket trading on Friday, after a report that the mining company's CEO Barbara Humpton said it was in close discussions with the White House. Humpton was... 

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned... 

Simandou iron-ore project halted after three workers die in accident

Three foreign workers have died in a site accident at the Simandou iron-ore project in Guinea, its co-developer Winning Consortium Simandou said on Thursday, adding that it has suspended operations... 

Freeport Indonesia says search for five trapped Grasberg workers still ongoing

Miner Freeport Indonesia said on Thursday that the search for five missing workers at the Grasberg copper and gold mine was still ongoing, more than three weeks after a deadly mud flow disaster at... 

Stocks mixed, gold hits record as US government shuts down

Wall Street futures fell, gold struck a record high and the dollar eased on Wednesday as the US government shut down much of its operations, possibly delaying the release of crucial jobs data that... 

Australia offers to sell shares in critical minerals reserve to allies, sources say

Australia is willing to sell shares in its new strategic reserve of critical minerals to allies including Britain, two sources familiar with the matter told Reuters, as Western governments scramble... 

Grasberg mine accident tightens global copper supply estimates

Metals analysts are cutting their estimates of global copper supplies for this year and next after an accident at the giant Grasberg mine dramatically tightened the outlook for the market. Copper... 

France’s Orano says 1 500 t uranium stockpiled at seized Niger site

rench nuclear group Orano has said 1 500 metric tons of uranium are stockpiled at its expropriated SOMAIR mine in northern Niger, and that it will seek compensation and pursue criminal charges if... 

Codelco names VP to lead integration at Andina mine with Anglo American

The world's biggest copper miner, Chile's Codelco, has named Gonzalo Lara Skiba as vice president of integrating operations at Andina, a role in which he will spearhead a shared mine plan between... 

Freeport-McMoRan still in talks with Indonesia over Grasberg mine rights, company says

Freeport-McMoRan said on Tuesday it remains in discussions with the government of Indonesia regarding rights to operate the Grasberg copper and gold mine past 2041. News reports earlier on Tuesday... 

Giant sinkhole in Chilean mining town haunts residents, three years on

Residents in the mining town of Tierra Amarilla in the Chilean desert are hopeful that a new court ruling will allay their fears about a giant sinkhole that opened near their homes more than three... 

Glencore's Lomas Bayas mine in Chile working to control fire at waste yard

Glencore's Lomas Bayas copper mine in Chile is working to control a fire that broke out at a waste yard at midday on Tuesday, sending up a tall column of smoke, the company said in a statement. No... 

Australia PM concerned about China's reported pause on BHP iron-ore purchases

Australian Prime Minister Anthony Albanese said on Wednesday he was concerned about a report that China's state iron-ore buyer had taken steps to pause purchases of iron-ore cargoes from miner... 

Namibia cautious about taking up a stake in De Beers, local media report

Namibia will carefully consider whether or not to acquire a stake in De Beers as the diamond price slump persists, local media reported on Monday, citing the country's deputy prime minister. The... 

Eskom records first full-year profit in eight years

State-owned power utility Eskom reported its first full‑year profit in eight years on Tuesday, helped by government debt relief, higher tariffs and a sharp reduction in power cuts. The company's... 

South Africa records large FDI outflows in Q2 as Anglo spins off platinum unit

South Africa recorded foreign direct investment (FDI) outflows of R73.5-billion in the second quarter of 2025, compared to inflows of R11.7-billion in the first quarter, central bank data showed on... 

UBS forecasts gold price could reach $4 200/oz by mid-2026

Gold markets are now leaning toward a bull-case scenario where the price rises to $4 200/oz by mid-2026, UBS said in a note on Tuesday. The bank pointed to factors including a weakening US dollar,... 

China bans all BHP iron-ore cargoes as pricing dispute deepens, Bloomberg News reports

China's state iron-ore buyer has told major steelmakers and traders to temporarily pause purchases of any dollar-denominated seaborne iron ore cargoes from BHP, Bloomberg News reported on Tuesday,... 

Mali's industrial gold output down 32% on Barrick suspension, document says

Mali's industrial gold production fell 32% year-on-year to 26.2 tons by the end of August, weighed down by the months-long suspension of Barrick Mining's operations, according to a mines ministry... 

RWE withdraws from $10bn Namibia green hydrogen project

German power utility RWE said on Monday that it had withdrawn from Namibia's $10-billion Hyphen green ammonia project, a blow to the southern African nation's ambitions to become a major hydrogen... 

Zijin Gold shines on debut as gold prices reach record high

Shares of China's Zijin Gold International rose as much as 66% in their Hong Kong trading debut on Tuesday after the company raised $3.2-billion in an initial public offering (IPO), the largest... 

Liontown Resources to revise Tesla offtake deal pricing, in talks with Ford

Liontown Resources said on Tuesday that it has agreed with Tesla to make changes to the pricing mechanism in their long-term offtake agreement. The pricing changes come as the lithium miner looks... 

Trump administration to expand coal leasing, fund coal plant upgrades

The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan... 

China signs deal with Zambia, Tanzania for $1.4bn railway upgrade

China, Zambia and Tanzania on Monday signed a $1.4 billion deal to refurbish the Tanzania-Zambia railway, a vital route for shipping copper exports from the region, Zambia's government said. The... 

Lithium Argentina's Cauchari-Olaroz aims to triple production by 2029

Lithium Argentina's Cauchari-Olaroz project in northern Argentina is aiming to produce 85 000 metric tons of the battery metal annually by around 2029, more than triple last year's output, said... 

Most coal-fired power plants will delay retirement to feed AI boom, energy secretary says

The administration of US President Donald Trump expects most of the nation's coal-fired power plants to delay retirement to help deliver the vast amount of electricity needed to fuel artificial... 

Miners' permit suspensions can be lifted if they meet reclamation fund requirements, minister says

Indonesian miners can get their suspension lifted once they fulfill requirements related to land reclamation fund deposits, the country's Mining Minister said on Friday, after his Ministry... 

Mining at Freeport halted to search for trapped miners, Indonesia Mining Minister says

ndonesia's government has reached an agreement with Freeport Indonesia to halt operations at the Grasberg mine to give priority to the search for trapped workers, the country's mining minister said... 

Botswana economy suffers steep contraction in Q2 on diamond sector woes

Botswana's economic output fell sharply in the second quarter, reflecting a steep decline in output from its key diamond industry, data from the statistics agency showed on Friday. Gross domestic... 

Perpetua Resources in talks with Glencore, others for US antimony processing

Perpetua Resources said on Thursday it is in talks with Glencore, Trafigura and others about a partnership to refine antimony in the US, part of a push to boost Western supplies of a critical... 

Fortescue chairman Forrest doubles down on renewables in challenge to Trump

Australian miner Fortescue is experiencing strong interest in its decarbonisation-related offerings, executive chairman Andrew Forrest said in an interview, as he challenged US President Donald... 

Nature loss could cut mining, power earnings by a quarter, Barclays finds

 Company earnings could fall by as much as 25% over five years due to nature degradation, Barclays said, as rising input costs and operational disruptions driven by policy changes and worsening... 

Goldman Sachs downgrades copper supply forecast after Grasberg mine disruption

Goldman Sachs lowered on Thursday its global copper mine supply forecast for 2025 and 2026 following a disruption at Indonesia's Grasberg, the world's second-largest copper mine. The incident,... 

Copper miners keep Australian shares afloat

Australian shares ended slightly higher on Thursday, as a rally in copper miners due to a sharp jump in metal prices countered losses in other sectors after markets trimmed bets for imminent... 

Aris Mining reports safe recovery of all workers at Colombia mine

Aris Mining said on Wednesday all 23 workers who were trapped underground at the La Reliquia Mine in Colombia have been safely brought to the surface. The company reported on Tuesday a collapse...