Tin hits two-month low as major mine in Congo resumes production

Tin prices slumped to two-month lows on Wednesday after major producer Alphamin Resources Corp said it was launching a phased resumption of operations at its Bisie mine in Democratic Republic of... 

Congo hands over Americans jailed over failed coup as talks on minerals progress

Three American citizens jailed over a failed coup attempt in Democratic Republic of Congo were handed over to US custody on Tuesday, officials said, following high-level talks between the two... 

Europe seen struggling to compete with China on rare earths

urope will probably be able to produce only a small portion of rare earths it needs for electric vehicles and wind turbines by 2030, mainly due to cheap competition from dominant producer China, a... 

Rio Tinto hopes Trump provides favourable path for Resolution copper mine

Miner Rio Tinto sees US President Donald Trump's administration showing more interest in a bigger copper supply chain and hopes that will help push forward its Resolution mine project in Arizona,... 

Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates

il prices fell to a four-year low on Wednesday in its worst five-day losing streak in three years, while several commodities, including base metals, tumbled as the trade war between China and the... 

Trump's latest tariffs kick in, deepening global trade war

President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared... 

BHP gives Chile a $13bn reason to cut red-tape for mines

BHP Group is ready to start spending $13-billion to overhaul its aging copper mines in Chile, but is grappling with red tape, an executive said Tuesday. “As a country, we must act with a sense of... 

Anglo American urges faster permits in Chile to close copper supply gap

hile needs to speed up its permitting processes to help copper mining expand ahead of a large supply gap expected in the coming years, Anglo American Chile CEO Patricio Hidalgo said on Tuesday.... 

Peabody reviews options for $3.78bn deal for Anglo American's assets

Peabody Energy said on Tuesday it was reviewing all options related to its $3.78-billion acquisition agreement with Anglo American for some of its Australian steelmaking coal assets after an... 

China's CMOC boosts cobalt output at Congo mines amid export ban

CMOC Group boosted cobalt production at its mines in the Democratic Republic of Congo in the first three months of this year even after authorities in the country imposed a temporary halt in... 

Chile regulator: Copper prices have likely peaked as US-China trade war looms

Chile's state copper commission Cochilco on Monday said that prices for the red metal have likely already peaked this year amid an escalatingtrade war, as U.S. President Donald Trump threatened to... 

Chile has 28% more lithium than previous estimates, studies find

Chile's total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern Antofagasta region that show a higher amount of the battery metal,... 

Freeport-McMoRan CEO flags concern over global growth amid US tariffs

The CEO of copper producer Freeport-McMoRan said on Monday she was concerned about the health of the global economy and the possibility of recession and inflation in the wake of US tariffs rolled... 

Ferrexpo's iron-ore pellet output slumps 26% as Ukraine halts VAT refund

Ukraine-focused miner Ferrexpo reported a 26% drop in first-quarter iron ore pellet production on Monday, as a suspension of its VAT refunds in the country cut liquidity and forced it to scale back... 

Oil tumbles further as US-China trade conflict fuels recession fears

Oil prices extended losses on Monday, falling 3% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies... 

As Chile revs up lithium plans, Indigenous people demand more control

Chile's Indigenous communities in the lithium-rich Atacama Desert are in talks with two of the nation's biggest miners to gain more influence over plans to increase extraction of the battery metal,... 

Trump's tariff 'medicine' injects turmoil into global markets

US President Donald Trump warned foreign governments they would have to pay "a lot of money" to lift sweeping tariffs, characterising the duties as "medicine" and triggering further carnage across... 

Chile Minister says copper could find support at $3.9/lb

 Chilean Mining Minister Aurora Williams said copper prices could reach a technical support level at $3.90 a pound amid current uncertainty, Diario Financiero reported on Sunday. The minister said... 

Woodside Energy to sell 40% stake in Louisiana LNG project to Stonepeak

Australian energy company Woodside Energy said on Monday that it will sell 40% stake in its Louisiana LNG Infrastructure project to investment firm Stonepeak. Under the deal, Stonepeak will... 

Australian heavy rare earths miners rally on China export controls

 Australian-listed miners of heavy rare earths rallied on Monday, shrugging off major selloffs across other markets, on bets Western governments would renew their push to develop a separate supply... 

Silver hits over eight-week low as market frets about industrial demand

Prices of silver dropped to over eight-week lows on Friday as concerns about demand for the industrial precious metal dominated sentiment due to recession fears stemming from US President Donald... 

China files complaint with WTO over new US tariffs

China said it had opened a formal complaint against the new US tariffs with the World Trade Organization (WTO) on Friday, saying the measures violate WTO rules and requesting consultations.... 

China hits back hard in global trade war with tariffs on US goods

China announced additional tariffs of 34% on US goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global... 

Indian delegation to visit Chile seeking stake in SQM's lithium projects, source says

Indian officials will visit Chile next week to discuss plans for four State companies to take a stake in two lithium projects of the world's No. 2 producer of the metal, SQM, a source said. The... 

Glencore seeks Australian government bailout for local copper assets

Anglo-Swiss commodities giant Glencore said that it has approached both Queensland's and the Federal Government of Australia about the future of its Mount Isa copper smelter and Townville copper... 

Rio Tinto amends flight delay policy for Pilbara mine workers, union says

An Australian mining union said on Friday iron-ore giant Rio Tinto RIO.AX agreed to amend its policies including flight delay compensation to benefit workers at the Paraburdoo project in the... 

After tariffs, US dangles billions of dollars in Congo mineral investment

The United States is in talks to invest billions of dollars in mineral-rich Congo and wants to help end a conflict raging in the country's east, President Donald Trump's senior adviser for Africa... 

HSBC raises gold price forecasts amid geopolitical tensions

HSBC raised its average 2025 and 2026 gold price forecast to $3 015 and $2 915 per ounce respectively, citing geopolitical risks. This is an increase from its previous forecasts of $2 687 and $2... 

Bolivia wildcat mining clash sees explosions as six reported dead

A violent clash between two groups of Bolivian miners disputing the exploitation of small gold deposits left six people dead and some others missing, a mining cooperative representative said on... 

Trump's policies to spur further central bank gold buying

Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks stemming from US President Donald... 

Australia's Galan Lithium declines $150m buyout bid for Argentine assets

Australia's Galan Lithium said on Thursday that it rejected an offer from Zhejiang Huayou Cobalt and Renault Group to acquire the lithium explorer's stake in its Argentine assets for $150-million... 

With US tariffs, India's jewellery exports set for sharp decline

India's $32-billion gems and jewellery industry is bracing for a sharp fall in exports as hefty US tariffs will impede overseas sales to its biggest market, industry officials said. The US slapped... 

Global coal power capacity inches up in 2024, data shows

The world's coal-fired power fleet inched up by 18.8 GW in 2024, its lowest rise in two decades, but new additions in China and India continued to offset closures elsewhere, data from US think tank... 

Australian shares crash in Trump tariff meltdown

Australian shares plunged 2% in a sea of red on Thursday as investors recoiled after US President Donald Trump announced sweeping tariffs on all imports, in a move that ratchets up a global trade... 

Oil, copper slide as Trump tariffs rattle markets; gold hits record high

Commodities including oil, copper and agricultural products fell on Thursday as US President Donald Trump's aggressive tariffs on key trading partners fuelled fears of a global recession, while... 

US produces most uranium since 2018, EIA says

The US produced more uranium concentrate, which is used to fuel nuclear reactors, in the last three months of 2024 than it had in any quarter in the last six years, the US Energy Information... 

Markets reel as US tariffs stoke fear of 'spiral of doom' for growth

President Donald Trump's new tariffs sent shockwaves through markets on Thursday, with the dollar and US stocks among the hardest hit on fears a broadening trade war will spur recession in a... 

Perth Mint's March gold sales hit 4-month high, silver up 48% m/m

The Perth Mint's gold product sales in March rose to a four-month high, while silver sales rose 48% from the previous month, the refiner said on Thursday, driven by strong demand. The Perth Mint,... 

BHP considered spinning off iron-ore, coal divisions

The world's biggest listed miner BHP Group considered spinning off its Australian iron-ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter... 

Trump's tariffs will be negative the world over, says ECB's Lagarde

US President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations,...