As US cuts HIV assistance, South Africa turns to miners, insurer

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 

Mining’s king of private capital says governments must intervene

Oskar Lewnowski has a good claim to be the poster boy for private capital in mining. A former investment banker who quit the legendary London-based commodity hedge fund Red Kite to start out on... 

Trump push for potash won’t be enough to replace imports

President Donald Trump has included potash among the minerals that need an immediately ramp up in US production. That’s unlikely to significantly break America’s reliance on fertiliser imports.... 

Uranium market freezes as tariff threats rattle would-be buyers

The North American uranium market is grinding to a halt as US nuclear-power companies spooked by President Donald Trump’s tariff threats slow purchases and delay new contracts. US utility... 

Codelco extends reign as top copper producer as BHP challenges

Codelco has retained its status as the world’s biggest copper producer by the slimmest of margins after reporting 2024 output that nudged past that of BHP Group. Codelco posted total full-year... 

Australia raises forecast commodity export income for this year

Australia boosted its forecast for income from commodity exports for this year, but maintained its outlook for drops to continue until the end of this decade as lower global demand pushes prices... 

Rio Tinto talks with Congo over developing prize lithium deposit

Rio Tinto Group has held talks with the Democratic Republic of Congo about developing one of the world’s biggest hard rock lithium deposits, in the latest sign of the miner’s enthusiasm for the... 

Explorer seeks Trump’s nod to mine metals on Pacific seabed

A seabed mining company has asked the Trump administration for approval to harvest the ocean floor for critical metals in international waters controlled by a United Nations-affiliated... 

China tightens rules on alumina expansion to tackle overcapacity

China tightened rules on building new alumina plants, in a bid to tackle overcapacity that has caused a plunge in prices in the world’s top metals market. Companies won’t be allowed to build new... 

Gold rises to record as trade war concerns drive haven demand

Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after President Donald Trump pushed ahead with US tariffs on all auto imports. Bullion gained as... 

China’s coal price may extend slump as high stockpiles weigh

Coal prices in China may extend declines from a four-year low as high inventories continue to cast a shadow over the market. Stockpiles at major transportation hubs are near record-high levels,... 

Goldman increases 2025 gold forecast

Goldman Sachs Group ramped up its gold price forecast to $3 300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded funds.... 

Trump may implement copper import tariffs within weeks

US tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter. US President Donald Trump in... 

Glencore halts Chilean smelter in setback for US copper rush

Glencore has suspended shipments from a copper smelter in Chile after an issue affecting the plant’s furnace, a setback that comes just as traders and producers race to ship more metal to the US... 

Glencore mine spews more methane than it reports, study finds

Glencore’s Hail Creek coal mine in Australia emits between three and eight times more methane than it reports, according to a new study, calling into question the accuracy of conventional... 

Iron-ore fluctuates as Fortescue’s Forrest stays upbeat on China

Iron-ore swung between gains and losses on market uncertainty around steel output cuts and as industry stalwart Andrew Forrest expressed hope that China is serious about supporting its economy.... 

Anglo starts talks with banks on possible De Beers IPO

Anglo American has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar with the matter, as the company looks to move ahead with the final and most... 

Boom in uranium stocks fizzles as Ukraine ceasefire talks build

Once-booming uranium stocks have been veering toward bust mode to start 2025. Escalating trade tensions between the US and Canada, one of the world’s key producers of the nuclear fuel, are playing... 

Congo may extend cobalt export suspension, President says

The Democratic Republic of Congo may extend a suspension of cobalt exports beyond a planned four-month period as it considers ways to maintain higher prices for the electric-vehicle battery... 

Bullion explorer makes MAGA pitch with new name: Made in America Gold

A Canadian investment firm changed the name of its US-focused subsidiary to Made in America Gold from NV King Goldlands. The switch comes as US President Donald Trump is encouraging firms to... 

Glencore-backed alumina producer declines in Hong Kong debut

Nanshan Aluminum International Holdings, a company backed by Glencore, declined in its Hong Kong trading debut, with sentiment for the top alumina producer in Southeast Asia impacted by falling... 

Zijin Mining profit surges 52% on copper, gold prices

Zijin Mining Group, China’s biggest metals producer, saw profit surge 52% last year on higher output, and rising prices of copper and gold. Net income rose to 32.1-billion yuan ($4.4-billion), the... 

KoBold makes offer for Congo Lithium as country courts US

KoBold Metals, backed by billionaires Bill Gates and Jeff Bezos, has told the government of the Democratic Republic of Congo it wants to develop one of the world’s biggest hard rock lithium... 

HudBay sees Saudi, UAE and Japanese interest in US copper stake

HudBay Minerals’ top executive says he’s speaking with investors in the Middle East and Japan who are interested in bidding for a stake in the company’s proposed US copper project. The company... 

A critical metal jumps 500% after Xi replies to Trump tariffs

Bismuth — a niche metal used in industries from paints to defense — has rallied spectacularly since early February, when Beijing triggered export curbs in response to US President Donald Trump’s... 

Trump’s love for coal is crashing into market’s economic reality

The US coal industry is once again enjoying support from the White House. Yet that’s unlikely to quell the economic challenges that underpin a long-term decline for the dirtiest fossil fuel. Just... 

US stalls $2.6bn climate finance package for South Africa

The US is stalling the distribution of $2.6-billion in climate finance to South Africa, stoking concerns the money might be blocked outright, people familiar with the situation said. At a meeting... 

Saudi Arabia awards exploration leases to some major miners

Major mining companies including India’s Vedanta and China’s Zijin Mining Group have been awarded leases to explore for metals in Saudi Arabia, part of the kingdom’s push to expand the industry.... 

Copper climbs above $10 000/t as US buyers ramp up imports

Copper rose above $10 000/t on the London Metal Exchange for the first time since October, as buyers in the US race to import supplies of the key industrial meal ahead of potential tariffs. Prices... 

Australia’s Dutton says Trump meeting will be first if elected

Australia’s opposition leader said he will make his first foreign visit to the US to meet with President Donald Trump if he wins the forthcoming election, arguing the longstanding allies must... 

Poilievre pledges money, fast approvals for Canada’s Ring of Fire mining region

The head of Canada’s Conservative Party says a government led by him would aim to approve all federal permits for Ontario’s Ring of Fire minerals region within six months to speed the harvesting of... 

Deep-sea miners are set to dig for critical minerals, even if rules aren't done

As companies seek to extract critical minerals used in electric vehicle batteries and other green technologies from the deep sea, a showdown is under way over when and whether to allow mining of... 

Codelco eyes Friedland’s Pulsed power to boost Chilean mine efficiencies

Codelco, the world’s biggest copper producer, is considering adopting technology being developed by Robert Friedland’s I-Pulse that uses electricity to shatter rocks. Maximo Pacheco, Codelco’s... 

Tariff risk unleashes record copper shipments bound for US ports

The US is about to be flooded with a massive wave of copper as a worldwide dash to front-run potential tariffs by US President Donald Trump comes to a head. Between 100 000 and 150 000 metric tons... 

Congo considers asking Indonesia to help rein in cobalt supply

A Congolese ministerial committee recommended measures to bolster a temporary ban on cobalt exports, including working with Indonesia, the No. 2 supplier of the battery metal. The Democratic... 

Top Calibre investor opposes Equinox’s $1.8bn takeover

Calibre Mining’s top shareholder has come out against Equinox Gold's $1.8-billion bid for the gold miner, casting uncertainty on the biggest bullion deal so far this year. The combination of the... 

Global silver market under strain as tariffs trigger dislocation

The global silver market is under stress as trade-war concerns unsettle investors, with key indicators flashing red, millions of ounces on the move between trading hubs and months of disruption in... 

Trump metals tariffs are self-sabotage, Australia Treasurer says

US tariffs on steel and aluminum are “self-defeating” and Australia merits better treatment, Treasurer Jim Chalmers said, adding the overall economic impact of President Donald Trump’s levies to... 

Southern Copper says 20 injured in attack at Peru mining project

A group of informal miners attacked facilities at an exploration project in southern Peru, injuring 20 workers and security guards, an official at concessionaire Southern Copper Corp said Monday.... 

Coronation takes new look at platinum stocks as EV sales slow

The slowdown in sales of electric vehicles worldwide has prompted Coronation Fund Managers Ltd. to take a fresh look at South African producers of precious metals used in traditional gasoline...