Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 

Ex-Glencore, Lundin execs launch firm hunting for copper, gold assets

Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15-billion in available... 

Chilean miner Antofagasta's annual core profit rises 11%

Chilean copper miner Antofagasta posted an 11% jump in annual core profit on Tuesday, helped by higher metal prices. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the... 

Indonesian parliament set to vote on amendment to mining law

Indonesia's parliament is set to vote on Tuesday on a bill to revise the country's mining law to boost development of domestic mineral processing industries and regulate mining permits for... 

Australia should supply uranium for nuclear power, says US energy secretary

The United States "would love to" see Australia supplying uranium for nuclear power, US Energy Secretary Chris Wright said on Monday, speaking at a conference in London. "I would love to see... 

Woodside, Santos face earnings dip; growth projects in focus

Woodside Energy and Santos, Australia's top oil and gas producers, are expected to log a modest fall in annual earnings, with investors seeking more clarity on dividend payouts amid lingering... 

Over 40 people killed in Mali mine collapse

Forty-three people, mostly women, were killed after an artisanal gold mine collapsed in western Mali on Saturday, the head of an industry union said. The accident took place near the town of... 

Glencore says it rejected an approach for its DRC operations last year

Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year.... 

Top iron-ore miners face weakest results since 2019

The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on... 

China's BYD holds mining rights in Brazil's Lithium Valley, documents show

Chinese electric carmaker BYDacquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according... 

Freeport Indonesia reduces copper ore mining to 60% capacity, mining official says

Copper miner PT Freeport Indonesia has reduced its copper ore mining to 60% capacity due to rising stockpiles, Energy and Mineral Resources Ministry senior official Tri Winarno said on Friday.... 

Vale in advanced talks to sell Brazil renewable assets to GIP, sources say

Brazilian mining giant Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to US-based investment firm Global Infrastructure Partners (GIP), two people... 

McEwen Copper requests major tax breaks for Los Azules copper mine in Argentina

Canadian miner McEwen Copper, a subsidiary of McEwen Mining, has submitted a request to join an Argentine government incentives program that would give it significant tax breaks for its Los Azules... 

Singapore iron-ore rises on cyclone-led supply disruptions in Australia

Singapore iron ore futures prices rose on Friday and were on track for a weekly gain, supported by heightened concerns over cyclone-led supply disruptions in major producer Australia. The... 

Canadian investors add gold, uranium stocks as trade war risk grows

As the threat of a trade war grows, Canadian investors are seeking protection in gold and in shares of companies producing goods with few substitutes, such as uranium, while looking to take... 

Global Lithium appoints new CEO in push to develop frozen project

Global Lithium Resources has appointed Dianmin Chen to run the company, after its executive chairman stepped down and shareholders approved a new board that wants to go ahead with developing its... 

Canada's Robex signs new deal with Mali for Nampala gold mine

Canadian miner Robex has signed a new agreement with Mali to operate its Nampala mine, located about 300 km south of the capital Bamako, the West African country's government said. The company has... 

Tropical cyclone forces closure of ports in Western Australia's Pilbara region

Western Australia's ports of Dampier and Varanus Island will be closed at 6 p.m. on Thursday due to Tropical Cyclone Zelia, the ports' operator said, with emergency services in the state warning of... 

Australia's 50 richest now control $153bn as Rinehart tops list again

The combined wealth of Australia's 50 richest people has climbed nearly 10% to A$243-billion ($152.92-billion) in the past 12 months, Forbes said on Thursday, with mining magnate Gina Rinehart... 

South32 sees US aluminium tariffs as negotiating tactic

US President Donald Trump's tariffs on aluminium are more likely to be part of a bargaining strategy than a long-term policy of his administration, said CEO Graham Kerr of Australian diversified... 

Australia increased aluminium exports with US blessing, Trade Minister says

Australia's Trade Minister Don Farrell said on Thursday the country had increased aluminium supply to the US with Washington's approval, addressing a hurdle to Canberra's request for an exemption... 

Cost cuts help Albemarle's results offset low lithium prices

Albemarle, the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the electric vehicle battery metal, but adjusted results reported on... 

Trump official says minerals deal will give Kyiv post-war 'security shield'

US Treasury Secretary Scott Bessent said on Wednesday that a minerals deal between Kyiv and Washington would provide Ukraine with a post-war "security shield", and President Volodmyr Zelenskiy said... 

Ganfeng starts lithium production at Argentina's Mariana project

China's Ganfeng Lithium mining company has begun producing lithium at its Mariana project in northern Argentina, it said on Wednesday, kicking off one of several of its new lithium projects under... 

Vale to invest $12bn to expand Carajas site, Brazil government says

Brazilian miner Vale will announce on Friday a 70-billion real ($12.2-billion) investment to expand its iron ore and copper mining operations at the Carajas complex in northern Brazil, the... 

Global Lithium management resigns ahead of AGM

Australia's Global Lithium Resources said on Thursday two of its three board directors have stepped down ahead of an annual shareholder meeting later in the day that was set to strip them of... 

Ukrainian graphite mine hopes for Trump deal, but say returns won't be instant

t the 90-year-old Zavallivsky graphite mine in central Ukraine, CEO Ostap Kostyuk dreams of making graphite pure enough to use for lithium batteries, something he compares to trying to "make a... 

Barrick Gold beats profit estimates; announces new share buyback

Canada's Barrick Gold beat analysts' estimates for fourth-quarter profit on Wednesday on higher gold prices and production. On an adjusted basis, the world's second-largest gold miner posted a... 

Uranium ban repeal in Greenland could revive massive rare earth project, licence holder says

he mining company that owns the licence to Greenland's Kvanefjeld deposit is hopeful that a new government will repeal a ban on uranium mining after next month's election, potentially rejuvenating... 

Mining giant Grupo Mexico misses estimates

Mining giant Grupo Mexico reported a drop in its net profit during the fourth quarter on Tuesday, missing analysts' estimates and dragged down by losses in its infrastructure division and a smaller... 

First Quantum's final hearings on Cobre Panama copper mine moved to 2026

Canada's First Quantum said on Tuesday the final hearing for the Cobre Panama mine under the International Chamber of Commerce proceedings has been moved to February 2026 from September of the... 

Australia won't curb 'green' aluminium exports to US to avoid tariff, says Minister

Australia's industry minister said on Wednesday the nation's plan to boost "green" aluminium exports would not be derailed by the threat of US tariffs, saying American customers would only end up... 

Evolution Mining hits over four-year high after profit beats estimates

Shares of Australia's Evolution Mining jumped to a more than four-year high on Wednesday after the gold miner's half-year profit topped market estimates. The stock rose as much as 2.4% to A$6.370,... 

Too early to assess US tariffs' impact on world economy, IMF managing director says

US tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday. She told the... 

US coal exports to India expected to rise due to China tariffs

The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the US, five industry officials said, potentially eroding Australia and Russia's... 

Gold bulls lock in on glittering milestone; $3 000/oz in sight

US President Donald Trump's latest tariff threats have ignited another gold rush, propelling the safe-haven metal to new heights and bringing the glittering $3 000 milestone into view. Spot gold... 

Trump raises tariffs on aluminum, steel imports in latest trade war salvo

President Donald Trump substantially raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or exemptions" in a move to aid the struggling industries but which... 

Argentina's Milei meets CEOs of Ganfeng, Lithium Americas

Argentina's President Javier Milei met the chief executives of Lithium Americas and Ganfeng at the Presidential palace in Buenos Aires, his government said on Monday. Milei and the heads of the... 

Nornickel reports 37% drop in 2024 net profit

Russia's Nornickel, a major world producer of refined nickel and palladium, said its 2024 net profit fell 37% to $1.8-billion as Western sanctions and low metals prices squeezed earnings.... 

Labour, inflation to weigh on gold miners' results

Higher labour costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow....