European copper smelter Aurubis is rejecting low concentrate offers

Europe's biggest copper smelter Aurubis is comfortable rejecting lowball offers for copper concentrate, an executive said on Wednesday, as tense negotiations over annual contracts for the feedstock... 

Barrick committed to Pakistan's Reko Diq copper project, says interim CEO

Barrick Mining remains committed to its Reko Diq copper mine in Pakistan, one of the world's largest undeveloped deposits of the metal, its interim CEO said on Tuesday after reports of a possible... 

US set to narrow its rare earth gap, others not so much

A multi-billion dollar pipeline of rare earth projects around the world is set to partly wean the US off Chinese rare earths, but falls far short of breaking Beijing's grip over the sector for most... 

Barrick to pay $430m to settle Mali gold mine dispute – report

Barrick Mining has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Canadian miner on Monday... 

Ottawa close to uranium deal with India worth $2.8bn, Globe and Mail reports

Canada and India are close to finalizing an export agreement in a deal valued at about $2.8-billion, the Globe and Mail reported on Monday, citing people familiar with the matter. The deal for... 

Chinese copper smelters to face record low fees for 2026

Chinese copper smelters are likely to be forced to accept record low processing fees for next year's term contracts as negotiations over ore supply begin amid a backdrop of tight supply and growing... 

Barrick, Mali government agree to resolve gold mine dispute

Barrick Mining said on Monday it had reached an agreement with Mali's government to resolve all their disputes over the Loulo-Gounkoto gold mining complex after two years of negotiations, sending... 

UBS raises copper outlook as mine disruptions deepen supply deficits

UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from electrification and clean-energy investment, the bank... 

Freeport Indonesia targets 478 000 t of copper cathode output in 2026

Freeport Indonesia plans to produce 478 000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident,... 

BHP must get over Anglo, focus on growth projects, investors say

BHP should move on from Anglo American and focus on its growth strategy, investors said on Monday, after the Australian company's last-minute appeal to the London-listed firm that is nearing a $60... 

COP30 seals uneasy climate deal that sidesteps fossil fuels

Brazil's COP30 presidency pushed through a compromise climate deal on Saturday that would boost finance for poor nations coping with global warming but that omitted any mention of the fossil fuels... 

Glass Lewis recommends Teck to vote in favour of deal with Anglo

Independent proxy advisory firm Glass Lewis on Friday recommended Teck Resources shareholders to vote in favour of a deal to combine with Anglo American. The planned merger, which was first... 

US EXIM to invest $100bn to secure critical mineral supplies, FT says

The US Export-Import Bank (EXIM) will invest $100-billion to secure US and allied supply chains for critical minerals, nuclear energy and liquefied natural gas, the organisation's chair John... 

MMG's deal to buy Anglo American's Brazil nickel assets faces EU regulatory delay

Hong Kong-listed mining and metals company MMG said on Monday that the European Commission had extended the review of its deal to purchase Anglo-American's nickel business in Brazil. The... 

BHP walks away from last stab at Anglo American takeover

BHP on Monday pulled back from a last-ditch effort to buy Anglo American and bolster its dominance in copper, just two weeks before shareholders at Anglo and Canada's Teck Resources were set to... 

South Africa judges G20 summit a triumph of multilateralism despite US no-show

South Africa's President Cyril Ramaphosa said on Sunday that the declaration from this weekend's Group of 20 summit reflected a "renewed commitment to multilateral cooperation", concluding a... 

Can West Virginia go green as Trump backs coal mining?

Working in a verdant valley in southeastern West Virginia, Donnie Hairston restacks beehive boxes overturned by a bear and tries to lure wayward goats out of a chicken coop. He is a participant in... 

Lithium prices plunge in China after moves to curb speculative trading

Lithium prices in China fell sharply on Friday, short-circuiting a rally, after the main exchange stepped in to curb speculative trading and on a report that battery giant CATL could restart... 

EU ready to take stakes in Australian resources projects

The EU is prepared to take direct stakes in Australian critical minerals projects and will soon announce a list of projects it will support, EU Trade Commissioner Maros Sefcovic said on Friday.... 

China warns citizens risk becoming 'mining slaves' in Central African Republic gold rush

China's embassy in the Central African Republic (CAR) has warned its citizens risk becoming "mining slaves" in the politically unstable nation's gold trade, as Chinese workers look to sub-Saharan... 

South Africa, EU sign critical minerals deal, vow to defend multilateralism

South Africa and the European Union vowed to defend multilateralism on Thursday, ahead of the G20 summit, as they signed a partnership on critical minerals. South Africa is hosting this year's G20... 

China signs agreement to revamp TAZARA railway in Zambia

China signed a $1.4-billion agreement with Zambia and Tanzania on Thursday to modernise the TAZARA railway linking landlocked Zambia to the Indian Ocean. The railway, financed by China in the 1970s... 

LME to stop holding price-setting PGM auctions for the LBMA next year

The London Metal Exchange (LME) will stop administering auctions that set platinum and palladium prices for the London Bullion Market Association next year so it can focus on its core base metals... 

China's first coal to chemicals project with green hydrogen starts commercial operations

China's first coal-to-chemicals project integrating green hydrogen started commercial operations on Thursday, according to a report from state-run CCTV. Operated by major state-owned power... 

UBS raises 2026 mid-year gold target price

UBS on Thursday raised its 2026 mid-year gold target price by $300 to $4 500/oz on expectations of Federal Reserve rate cuts, persistent geopolitical risks, fiscal concerns and strong central bank... 

Stand-off between Chinese buyer and BHP tightens iron-ore supplies, sources say

Protracted negotiations between China's state iron ore buyer and miner BHP have tightened availability of some iron ore, seven sources said, underpinning prices despite weakening demand for the key... 

MP Materials to build Saudi rare earths refinery with Pentagon, Maaden

MP Materials said on Wednesday it would build a rare earths refinery in Saudi Arabia with the US Department of Defense and state-owned Saudi Arabian mining company Maaden to expand Middle Eastern... 

Chile's Cochilco hikes 2025 and 2026 copper price forecasts to record highs

Chile's state copper commission Cochilco increased its forecast for copper prices for 2025 and 2026 to record highs on Wednesday amid weak production. Cochilco now sees average copper prices in... 

Anfield seeks approval to restart Colorado uranium and vanadium mine

Anfield Energy said on Wednesday it has applied for state approval to restart its past-producing JD-8 uranium and vanadium mine in Colorado, positioning the company to restart production in the... 

Argosy inks lithium spot sales deal with China’s Chengdu Chemphys Industry

Argosy Minerals has signed a spot sales contract with China’s Chengdu Chemphys Industry for 16.1 tonnes of lithium carbonate produced from its Rincon project in Argentina, the Australian miner said... 

Liontown jumps after first spodumene auction lands well above spot prices

Liontown Resources said on Thursday its first online auction for spodumene concentrate from its flagship Kathleen Valley project fetched a price far above prevailing spot levels. Prices for... 

Glencore cuts Century Aluminum stake to 33% after tariff-driven rally

Glencore has cut its stake in Century Aluminum by 10% to 33%, raking in millions following a share price rally triggered by US tariffs on aluminium imports and a profit bonanza for local aluminium... 

EU industry chief says raw materials recycling is solution to China dependency

EU industry chief Stephane Sejourne said on Wednesday that recycling is likely the solution to reducing the bloc's dependency on critical raw materials imports from China. Under the Critical Raw... 

Iron-ore hits over two-week high on firm China demand and lower supply

Iron-ore futures prices rose on Wednesday to their highest in more than two weeks, helped by firm demand in top consumer China and falling domestic supply. The most-traded January iron ore... 

SQM quarterly profit rises as lithium prices rebound

Chilean lithium producer SQM on Tuesday reported a rise in third-quarter net profit, helped by an improved pricing environment that lifted average lithium prices for the first time in two years.... 

Elliott builds stake in Barrick Mining, source says

Activist investor Elliott Investment Management has built a significant stake in Barrick Mining, a source familiar with the matter said on Tuesday. Barrick has faced a challenging year, including... 

After deadly accident, Freeport aims to restart Grasberg copper production by July

Freeport-McMoRan said on Tuesday it plans to restore production at Indonesia's Grasberg copper and gold mine by July after a fatal incident forced operations to halt two months ago. Seven workers... 

Rare earth magnet startup Vulcan Elements to build $1bn North Carolina plant

Vulcan Elements, a North Carolina-based rare earth magnet producer, said on Tuesday it will build a $1-billion manufacturing facility in its home state to supply US electronics and military... 

Harmony Gold considers Papua New Guinea copper venture with Newmont

South Africa's Harmony Gold is evaluating a substantial copper venture in Papua New Guinea in partnership with US mining giant Newmont, chairman Patrice Motsepe said on Tuesday. "There's a huge... 

Goldman Sachs sees continued central bank gold buying in November

Central banks likely bought large amounts of gold in November in a multi-year trend to diversify reserves to hedge geopolitical and financial risks, Goldman Sachs said on Monday. The Wall Street...