Newmont applies for voluntary delisting from Toronto Stock Exchange

Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world's top gold miner said on Wednesday. The move, expected to... 

BHP seen as unlikely to pounce on Anglo or Teck as it eyes organic growth

Top global miner BHP's focus on expanding its own copper assets while it undergoes leadership change means it is unlikely to gatecrash the planned $53-billion tie-up of Anglo American and Teck... 

Lithium miners slide worldwide as CATL seen resuming China mine

Shares of global lithium producers fell on Wednesday after Chinese state media reported that battery major Contemporary Amperex Technology's (CATL) shuttered Yichun mine is likely to resume... 

Coal subsidies, policy instability threaten Asia's energy transition

Asia's clean energy push will stall unless governments curb fossil fuel subsidies, offer stable policy direction and invest in upgrading grids, industry executives said on Wednesday. The... 

ANZ hikes gold price forecast to $3 800 on solid investment demand

Australian lender ANZ Group raised its year-end gold price forecast to $3 800/oz on Wednesday and expects prices to peak near $4 000 by next June, supported by strong investment demand for... 

Teck cannot control a bidding war, focused on completing Anglo merger, CEO says

Teck Resources will focus on obtaining approval to close its proposed merger with Anglo American, Teck's CEO told Reuters on Tuesday, adding that it wouldn't be able to control any bidding war the... 

Anglo Teck agreement binds assets of 'extraordinary value', says head of Chile's Codelco

The agreement between Anglo American and Teck brings together assets of "extraordinary value," the chairman of Chile's state-run copper producer Codelco, Maximo Pacheco, told Reuters on Tuesday.... 

Yichun lithium mine expected to resume production soon, Securities Times reports

Chinese battery giant Contemporary Amperex Technology (CATL) is expected to soon resume production at a lithium mine in Yichun in southern China's Jiangxi province, state media Securities Times... 

Iron-ore rallies on Simandou supply concerns, restocking demand

Iron-ore futures climbed for a sixth straight session on Tuesday, driven by mounting concerns over supply prospects from the giant Simandou project in Guinea, coupled with expectations of improving... 

Freeport halts Indonesia's Grasberg mining operations after underground incident

Freeport-McMoRan said on Tuesday it temporarily halted mining in Indonesia's Grasberg minerals district after a large flow of wet material blocked access to parts of its underground mine,... 

Glencore's former head of recycling launches critical minerals processing firm

The former head of Glencore's recycling business is launching a US-based metals processing company with the goal of lowering the cost and time to refine copper and other critical minerals. The... 

Anglo American nears deal to acquire Teck Resources for $20 billion, FT reports

Anglo American is nearing a deal to acquire Canadian miner Teck Resources that could value it at about $20-billion, Financial Times reported on Monday, citing people familiar with the matter. The... 

Nutrien to sell its stake in Argentina's Profertil for $600m

Nutrien said on Monday it will sell its 50% stake in Argentina-based nitrogen producer Profertil for $600-million as the world's top potash producer looks to rein in expenses and shift focus to... 

Arrow shifts into capital preservation mode as Guinea uncertainty drags on

Australia-listed Arrow Minerals has suspended all project-based activities and cut corporate costs as uncertainty over the status of its exploration permits in Guinea continues to weigh on the... 

China August iron-ore imports stay high as mills prepare for peak season

China's iron-ore imports in August climbed 0.6% from July, as lower prices encouraged sustained buying and as mills prepared for the peak steel demand period in September. The world's largest... 

Kazatomprom seeking more ventures abroad, tripling exploration

Kazatomprom, the world's largest uranium producer, announced on Friday plans to triple its exploration activities in Kazakhstan and explore international expansion opportunities, following recent... 

Transnet reports smaller full-year loss

State-owned logistics group Transnet on Friday reported a smaller loss of R1.9-billion in the financial year to the end of March, down from a R7.3-billion loss in the previous year. The... 

Uranium demand set to surge 28% by 2030 as nuclear power gains momentum, WNA says

Uranium demand for nuclear reactors is expected to jump by almost 30% in the next five years as more governments rely on nuclear power to meet zero-carbon targets, the World Nuclear Association... 

Indian coal prices to be lower after tax revision, industry officials say

Coal prices in India will fall after revisions to taxes on the fuel that generates nearly 75% of the country's electricity, industry officials and analysts said, as a higher consumption tax is... 

Vale reopens key mine, plans to invest $12bn in Minas Gerais

razilian miner Vale said on Thursday it will invest 67-billion reais ($12.36-billion) in its mining operations in Minas Gerais state by 2030, as it held a ceremony to mark the reopening of a key... 

Australian PM Albanese spoke to Trump about critical minerals and security​

Australian Prime Minister Anthony Albanese discussed opportunities for Australia and the United States to cooperate on critical minerals in a phone call with President Donald Trump on Thursday... 

Congolese women turn to mining for survival after jihadist attacks

Maman Soki is among a small group of Congolese women undertaking heavy mining work for survival after escaping a deadly attack on her village by Islamic State-alligned rebels that killed her... 

Philippines targets fairer share from mining with new tax law

Philippine President Ferdinand Marcos Jr signed into law on Thursday a measure overhauling the country's mining tax system to ensure a more equitable share of revenues for the government and... 

UN committee says Portugal kept information on lithium mine from public scrutiny

Portugal has breached an international treaty by preventing the public from accessing key information about Europe's largest lithium mining project during its environmental licensing process, a UN... 

Iron-ore extends gain as Goldman Sachs lifts fourth-quarter price forecast

Prices of iron-ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth quarter of this year to $95 a metric ton from $90 a... 

Looming Fed rate cuts fuel gold price bonanza to records

Gold's latest rally, triggered by expectations of US rate cuts, concerns about Federal Reserve independence and strong demand from investors as well as the central bank, is likely to propel prices... 

Dollar inches up as gold hovers near record high of $3 508/oz

The US dollar clawed back some ground in Asian trading on Tuesday following five days of selling, ahead of the return of US traders from the Labor Day holiday. The dollar index was last up 0.2% at... 

Glencore plans job cuts at South African ferrochrome and vanadium operations

Glencore said on Monday that a retrenchment process has been initiated at its joint-venture Rustenburg ferrochrome smelter and vanadium operations in South Africa as significant economic pressures... 

China's August coal imports hit 8-month high, still below year-ago levels

China's coal imports hit an eight-month high in August, customs data showed on Monday, supported by higher domestic prices, although volumes remained below the levels seen a year earlier. The... 

Energy exec tasked with speeding up project approvals in Canada

Canada named senior energy industry executive Dawn Farrell on Friday to lead a new office designed to fast-track the review and approval of natural resources projects such as mines and pipelines, a... 

US-backed TechMet's new trading unit to boost ex-China critical mineral flows

US government-backed investment vehicle TechMet is launching a trading arm for critical minerals to specialise in the burgeoning market for Western supplies of materials in which China is dominant,... 

US energy data agency, after staff cuts, delays reports on uranium, international outlook

The US government's energy statistics arm, which has experienced staff cuts this year, said on Thursday it will delay publishing key energy data on uranium as well as its international outlook this... 

Cameco flags 2025 production hit amid McArthur River mine transition delays

Canadian uranium supplier Cameco said on Thursday the development delays in transitioning the McArthur River mine in Saskatchewan to new mining areas are expected to impact its 2025 production... 

Codelco-SQM lithium deal to close before Boric's 2026 exit

Chile's newly appointed Economy Minister Alvaro Garcia expects state-run copper producer Codelco and local miner SQM to finalise a major lithium partnership deal before the current administration... 

Polyus' first-half profit jumps 20% on high gold prices

ussia's largest gold producer Polyus posted a 20% year-on-year jump in first-half profit to $1.4-billion on Wednesday, reflecting high global prices that offset reduced sales. The company's board,... 

China is capping coal production to support prices, top miner and analysts say

China has placed curbs on coal production following an unexpected supply increase in the first half of the year that weighed on prices, according to an official of a major mining firm and... 

KoBold Metals granted seven Congo lithium exploration permits

KoBold Metals, the mining company backed by US billionaires Jeff Bezos and Bill Gates, has received seven permits to search for lithium and other minerals in the Democratic Republic of Congo, it... 

Escondida mine union warns of self-driving truck accidents

Two recent accidents involving autonomous trucks are raising safety concerns, a workers' union at BHP's Escondida mine in Chile, the world's largest copper mine, said in a statement on Wednesday.... 

Hudbay Minerals resumes operations in Snow Lake after evacuation orders lifted

Canadian mining company Hudbay Minerals on Wednesday said it has resumed operations in Snow Lake, Manitoba, following the decision made by the authorities to lift the mandatory evacuation order on... 

Lynas flags uncertainty over Texas rare earths plant, posts profit slump

Australia's Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported a steeper-than-expected drop in its annual...