Cobalt Holdings drops plans for London IPO

Metals investor Cobalt Holdings said on Wednesday it would not proceed with its planned initial public offering on the London Stock Exchange, ending hopes for what could have been the largest... 

Canadian miners Hudbay, SSR pause operations due to wildfires

Canadian mining firms Hudbay Minerals and SSR Mining said on Wednesday they had temporarily suspended operations in their respective mines that were close to wildfires in parts of the country.... 

Canadian Natural Resources restarts oil sands operation as wildfire risk lessens

Canadian Natural Resources has restarted its Jackfish 1 oil sands site in northern Alberta after determining wildfires in the region were a safe distance away. The country's biggest oil producer... 

China's rare earth export curbs hit the auto industry worldwide

Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from China's restrictions on... 

Rio Tinto revising cost of Serbia lithium project

Rio Tinto is revising the cost of its Serbian lithium project that the European Commission identified as one of 13 strategic new critical material projects, Chad Blewitt, managing director of the... 

Australia and EU determined to seal trade deal, Australian Minister says as talks revive

Australia and the European Union have revived talks for a sweeping free trade agreement, after Australia's trade minister Don Farrell met with the European Commissioner for Trade Maroš Šefčovič in... 

Woodside Energy files arbitration proceedings against Senegal

Australia's Woodside Energy, which operates Senegal's Sangomar oil and gas field, has filed a complaint with the World Bank's International Centre for Settlement of Investment Disputes against the... 

Mali suspends artisanal gold mining activities due to weather conditions

Mali has suspended artisanal gold mining activities during the June to September rainy season to protect workers from landslides, the West African country's mines ministry said on Tuesday. A... 

Carney and Canadian premiers bid to speed up major projects, cut US reliance

Prime Minister Mark Carney, seeking to reduce Canada's economic ties to the United States, on Monday met the heads of the 10 provinces as part of a push to slash the time needed to approve mining... 

Trump administration proposal would lift Biden-era limits on Alaska oil drilling

The administration of US President Donald Trump on Monday proposed rolling back Biden-era limits on oil and gas drilling in an Alaska area that is the nation's largest tract of undisturbed public... 

Mali court adjourns hearing on whether to put Barrick's gold mines under provisional administration

A Malian court has adjourned to Thursday a hearing on whether to put Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, the court's registry office and one of the... 

France's Eramet says it will work with Gabon despite manganese export ban

French miner Eramet, the main shareholder in Gabon-based manganese mining firm Comilog, said it will aim to safeguard the 10 460 Gabonese jobs sustained by Comilog and Comilog railway transport... 

Panama says First Quantum copper mine maintenance plan is not a restart

Panama has approved First Quantum Minerals' maintenance plan for its closed copper mine in the country, but not a re-start of the site, a top trade official said on Friday. Trade and Industry... 

Iron-ore pessimism subsides despite looming Simandou supply

The prospects for iron-ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant Simandou project in... 

Barrick asks World Bank court to intervene in Mali proceedings

Barrick Mining has asked the arbitration tribunal of the World Bank to intervene in legal proceedings in Mali, as the miner faces the possibility of the Loulo-Gounkoto mine falling under the... 

Perpetua receives additional funding for Stibnite project from US Army

Mining company Perpetua Resources on Wednesday said it has been awarded up to $6.9-million in additional funding from the US Army for its Idaho antimony and gold Stibnite project. The... 

Nutrien plans major Pacific Northwest terminal to boost potash exports

Fertiliser producer Nutrien said on Wednesday it was planning a major terminal at a Pacific Northwest port and is currently exploring sites in the United States and Canada. "Nutrien is reviewing... 

Chile's SQM swings to first-quarter net profit

Chile's SQM, the world's second-largest lithium producer, reported a first-quarter net profit of $137.5-million on Wednesday, rebounding from a loss of $869.5-million a year earlier. The miner... 

Rio Tinto split with CEO Stausholm over conflicting priorities, sources say

Rio Tinto's board and Jakob Stausholm agreed to part ways last week amid mounting concerns the CEO was reluctant to follow board priorities, including focusing on costs, after years of expansions... 

US Supreme Court spurns Native American challenge to Rio Tinto's Arizona copper project

The US Supreme Court declined on Tuesday to hear a Native American group's bid based on religious rights to block Rio Tinto and BHP from gaining control of Arizona land needed to build one of the... 

Ukraine revamps minerals sector, eyes billions in investment from US deal

Ukraine is overhauling its minerals sector, which has been pounded by three years of war, in the hope of unlocking potential and attracting billions of dollars of investment from a minerals deal... 

Guinea cancels 129 exploration permits, further tightening control

Guinea's military government has cancelled 129 minerals exploration permits, it said in a statement late on Monday, as the West African nation tightens control over its assets. A senior official at... 

Moroccan miner Managem reports 20% rise in Q1 revenue

Morocco's largest mining group Managem reported on Monday a 20% rise in its first-quarter revenue to 2.32-billion dirhams ($250-million), driven by higher gold, silver, copper, and cobalt prices.... 

South Africa proposes buying US LNG as seeks trade deal

South Africa has offered to buy liquefied natural gas from the United States over a ten-year period as part of proposals to secure a trade deal, according to a ministerial statement posted on the... 

Indonesia backtracks on coal phaseout

Indonesia plans to add 69.5 GW of power capacity by the end of 2034, much of it from renewable sources, but still expects to add new coal-fired power plants, the Energy Ministry said on Monday.... 

Nigeria to open two Chinese-backed lithium processing plants this year

Nigeria is set to commission two major lithium processing plants this year, the country's mining minister announced on Sunday, marking a shift from raw mineral exports towards adding value... 

Ivanhoe says it disputes Zijin statement on Congo mine problems

Ivanhoe Mines on Friday disputed a statement by its Chinese partner about problems at their co-owned Kakula copper mine in the Democratic Republic of Congo after seismic activity. "The press... 

ENAMI says lithium venture with Rio Tinto to start production in 2032

Chile's State-run mining firm ENAMI aims for its new Rio Tinto lithium partnership at Altoandinos to begin production in 2032 with 35 000 metric tons of the battery metal per year, and ramp up over... 

US approves Utah uranium mine after two-week environmental review

The Trump administration approved Anfield Energy's proposed Velvet-Wood uranium mine project in Utah on Friday after a rapid 14-day environmental review as part of a new process to fast-track... 

Canada's new Energy Minister vows to speed up permitting, reset industry relations

Canada's new Natural Resources Minister Tim Hodgson vowed to speed up the permitting process for major projects on Friday, in a speech welcomed by oil and gas executives eager to see Ottawa reset... 

Pakistan to offer US firms concessions on mining investment in tariff talks, says Minister

Pakistan plans to offer concessions to US companies to invest in its mining sector as part of negotiations with Washington over tariffs, its commerce minister told Reuters, as Islamabad seeks to... 

Rio Tinto hunts broadly for new CEO, in contrast with strong BHP bench

As Rio Tinto searches for a new CEO, the miner will cast a wide net due to a very short list of possible internal candidates, sources said, in contrast with laser-focused succession planning at its... 

Rio Tinto wins second major Chile lithium project at Altoandinos

Chile's state-run mining body ENAMI has tapped Rio Tinto for a 51% share of the Altoandinos lithium project, it said on Thursday, giving the global miner its second major venture in Chile for... 

Nyrstar seeks government funding for antimony production

Nyrstar, owned by global commodity trader Trafigura, could potentially produce the critical mineral antimony at its South Australian processing plant but would need government support to do so, CEO... 

Mali hearing on Barrick's Loulo-Gounkoto mines postponed to June 2

A Malian court hearing on whether to put Barrick Mining's Loulo-Gounkoto mining complex under provisional administration has been postponed to June 2, the presiding judge said on Thursday. The... 

Neo Performance Materials exits separation facilities in China

Neo Performance Materials said on Thursday it has exited its China separation facilities, as the Canadian rare earths company aims to reduce geopolitical risk and price volatility while expanding... 

Freeport Indonesia says Manyar smelter resumes operations after fire

Copper miner Freeport Indonesia said its $3.7-billion Manyar smelter in East Java has resumed operations earlier than anticipated after a fire took it offline last year, and is expected to produce... 

Rio Tinto's Chile deal is a bet on unproven tech and lithium price bounce

Global miner Rio Tinto will tackle one of the biggest technological challenges in the lithium industry as it takes the lead in Chile's first major project involving the battery metal in years,... 

Greenland gives Danish-French group permit to mine rock with green potential, in wake of Trump interest

Greenland on Wednesday handed a 30-year mining permit to a Danish-French mining group aiming to extract a moon-like rock that could offer a climate-friendly alternative in aluminium production.... 

Rosneft takes control of Russia's largest rare earth deposit

Russia's largest oil producer Rosneft has acquired Tomtor, the country's largest rare earth metal deposit, a companies registry showed on Wednesday, after President Vladimir Putin's call last year...