Savannah to speed up Portugal lithium project, dismisses doubts over price and demand

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 

Swiss gold exports rise in November on jump in supplies to India

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 

Peru's No 2 copper mine Antamina names Adolfo Heeren as new CEO

Antamina, Peru's second-largest copper mine, said on Thursday it appointed Adolfo Heeren as its new chief executive and general manager. Heeren, the current CEO of Anglo American in Peru, will... 

Nornickel in talks with Xiamen C&D to shift copper smelting to China

Chinese conglomerate Xiamen C&D and Russia's Nornickel are in talks to create a joint venture in China to process Nornickel's copper raw material into metal, two sources with knowledge of the... 

Panama President sees no environmental threat from copper at closed First Quantum mine

More than 100 000 metric tons of copper concentrate stuck at the closed First Quantum mine in Panama do not currently pose an environmental risk, Panamanian President Jose Raul Mulino said on... 

Australia expects export resource earnings to drop 10% in FY2025

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 

Rio Tinto shareholders call for resolution on review of dual-listed structure

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 

Trump advisers urge ending environmental reviews for mines receiving US funds

Advisers to incoming US President Donald Trump are recommending he waive environmental reviews for federally funded critical minerals projects to boost domestic production of materials used in... 

Australian graphite firms petition US on alleged China dumping

 Australia's Novonix said on Thursday it had joined a petition urging US authorities to investigate China's alleged dumping of battery-grade graphite at unfair prices, potentially harming domestic... 

Canada clears Paladin's $789m Fission Uranium takeover

Australia's Paladin Energy has received the final green light it needed from Canadian authorities to buy Fission Uranium in a C$1.14-billion ($789.1-million) deal that cements is position as a... 

India re-examining record Nov gold imports, sources say

The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the rupee to an all-time low, two government sources aware... 

Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project

Australia's Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company's Kami project in Canada for A$245-million ($152-million).... 

Indians opt for lighter, lower carat jewellery as gold prices soar

Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. "I wanted to gift my daughter 80 g of gold,... 

Idemitsu to take majority stake in Australian vanadium developer Vecco

Japan's Idemitsu Kosan 5019.T said on Wednesday it would increase its stake in Vecco Group to 50.1% from 14.7%, gaining a majority in the Australian vanadium developer as part of its expansion into... 

Ukraine's only coking coal mine continues to operate despite Russian troop offensive, sources say

Ukraine's only coking coal mine - key for its steel industry - is operating at 50% capacity as of Wednesday morning despite the proximity of advancing Russian forces, two Ukrainian industry sources... 

Apple says it has told suppliers to stop buying minerals from Congo

 Apple on Tuesday said it strongly disputes allegations that it uses conflict minerals in its products and told suppliers earlier this year to stop purchasing those minerals from the Democratic... 

Global coal consumption expected to hit record high in 2024, IEA says

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 

India's gold imports to plunge in December after record November

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay... 

Congo files criminal complaints against Apple in Europe over conflict minerals

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for... 

BHP says Australian South Flank iron-ore operations resume after weekend pause

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 

Barrick Gold threatens to suspend Mali operations over blocked exports

Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the... 

Smoggy Sasolburg illustrates conflict between economy and clean air

From the moment Mpho Putsoenyane's daughter Hlompho was born in Zamdela, a South African township beside the smokestacks and gas flares of Sasol's oldest coal-to-liquid refinery, the baby struggled... 

Ukraine coking mine near front shuts down some operations, industry source says

Ukrainian steelmaker Metinvest has halted some operations at Ukraine's sole mine producing coking coal near Pokrovsk because of proximity to advancing Russian troops along the front line of the war... 

Brazilian miner Vale invests in US startup as part of decarbonisation push

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat... 

Rio Tinto chief speaks out over allegations, eyes Chile lithium project

Rio Tinto CEO Jakob Stausholm was "devastated" over the news of sexual harassment lawsuits against the company, he told Reuters on Thursday, while also expressing optimism for a potential lithium... 

India to decide soon whether to curb steelmaking raw material imports, source says

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters. India,... 

Savannah Resources gets temporary land access for Portuguese lithium project

London-listed Savannah Resources has secured temporary land access to a large chunk of its future lithium mining site in northern Portugal, allowing it to conduct fieldwork and begin the second... 

China tightens rules to curb methane emissions from coal mines

China will impose tougher curbs on the amount of methane released during coal extraction in an effort to reduce emissions of the powerful climate-warming gas, the environment ministry said on... 

Argentina mining chamber says exports up slightly this year, likely flat in 2025

Argentina's mining exports are expected to rise nearly 6% this year, lifted by more lithium sales, as well as higher gold and silver prices, the head of the country's top mining association said on... 

US cobalt miner to Trump: use tariffs as 'scalpel' not 'sledgehammer'

US President-elect Donald Trump should deploy tariffs strategically rather than bluntly as he aims to support American mining companies facing stiff Chinese competition, a senior executive at... 

Arbitration between miner Franco-Nevada, Panama moves to next stage

Arbitration proceedings between Canadian miner Franco-Nevada and Panama over the Cobre Panama copper mine entered a new phase this week with the formation of a tribunal to hear the case, according... 

Mexico's Newmont optimistic about talks on mining royalties hike

Newmont's Mexican division said on Wednesday it sees an "openness for dialogue" from the Mexican government, amid the proposed increase in mining royalties, which could potentially hinder billions... 

Glencore ties up with Cyclic Materials in copper recycling push

Canadian rare earth and metals recycler Cyclic Materials Inc will supply at least 10 000 metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to... 

Chile copper producers begin talks on combining smelter efforts

Codelco and Enami, Chile’s two state copper companies, are discussing the possibility of combining their respective efforts to expand smelting capacity into a single project, according to people... 

Mali arrests, Niger site seizure rattle Western miners

The arrest of mining executives in Mali, threats by Burkina Faso's junta to strip permits and the seizure of a French-run uranium site in Niger have unsettled Western miners operating in West... 

Collapsed wall kills five Kenyan gold miners, local official says

A wall collapsed at an illegal gold mine in northern Kenya, killing five people and leaving around 15 others missing, a local government official said on Tuesday. The bodies of five miners were... 

Goldman stays bullish on gold, but flags downside risk from fewer Fed cuts

Goldman Sachs on Tuesday said fewer interest rate cuts from the US Federal Reserve are the key downside risk to its end-2025 forecast for gold at $3 000/oz not a stronger dollar. "We push back on... 

Copper output from Chile's Codelco flat in October, BHP's Escondida rises

Chile's State-run copper miner, Codelco, posted flat production in October compared to the same month last year while the country's largest copper mine, BHP's Escondida, saw output jump more than a... 

Chilean mine proposal could face Supreme Court review, Environment Minister says

An iron and copper mining project in northern Chile that has raised environmental concerns could eventually face scrutiny by the Supreme Court, the Environment Minister said on Tuesday, after a... 

Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions

ssia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6-billion due to Western sanctions. The...