Namibia's President appoints new mines, energy and industry Minister

Namibia's President on Tuesday appointed Modestus Amutse as the Southern African country's new Minister of Mines, Energy and Industry. Amutse's appointment comes after President Netumbo... 

France's Orano says uranium convoy from seized Niger mine poses safety risks

French nuclear fuels group Orano said on Monday a uranium shipment from its expropriated SOMAIR mine in northern Niger last week posed "serious safety and security risks”, citing threats of... 

Indonesia could impose coal export levy next year

Indonesia could impose a coal export levy next year, finance minister Purbaya Yudhi Sadewa told reporters on Wednesday without providing further detail. The finance ministry has also said they... 

JSW's plan for voluntary job reductions draws high interest from workers, CEO says

An internal survey at Polish coal miner JSW showed more than 6 000 employees were interested in a planned workforce reduction, almost double the number eligible for the scheme, acting CEO Boguslaw... 

Codelco offers US clients copper at record premiums

Chile's state-owned copper producer has offered to sell copper at record premiums above $500 a metric ton to US customers with contracts based on London Metal Exchange copper prices, two sources... 

China's overcapacity crackdown reaches copper, but market impact unlikely

China's decision to shelve a series of planned copper smelters is unlikely to have an impact on historically tight markets unless it is followed by more measures to curb output in the world's... 

Canada rolls back climate rules in energy deal with Alberta

Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging... 

AfDB, EIB lend Mauritania $275m for railway upgrade

The African Development Bank (AfDB) and the European Investment Bank (EIB) signed a financing package worth $275-million to help Mauritania upgrade its main railway corridor. Under the agreement,... 

Zimbabwe to hike royalties on gold producers to cash in on recent record prices

Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday. As part of a raft of revenue... 

Platinum prices rise as China launches new futures contracts

Spot platinum prices rose on Thursday as the start of the futures trading on the China's Guangzhou bourse provided support to the overall liquidity for the metal. The contracts are the first... 

China's overcapacity crackdown reaches copper, but market impact unlikely

China's decision to shelve a series of planned copper smelters is unlikely to have an impact on historically tight markets unless it is followed by more measures to curb output in the world's... 

Comex copper premium here to stay, LME executive says

Copper prices on the US Comex exchange will enjoy a premium over the London Metal Exchange that is likely to persist over the next 18 months, an LME executive said on Thursday, citing uncertainties... 

Australia set to overhaul environment laws in deal with Greens

Australia will overhaul its environment laws in long-awaited reforms after the Greens party agreed to back the centre-left Labor government's legislation on the final day of parliament for the... 

US group sues Apple over Congo conflict minerals

A US-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals linked to conflict and human rights abuses in the Democratic Republic of Congo and Rwanda despite the... 

Proposed Teck-Anglo merger is subject to national security review, Canada says

Canada will submit the proposed merger of Anglo American and Teck Resources to a national security review, Industry Minister Melanie Joly said on Wednesday. Joly also said Ottawa would come to a... 

Deutsche Bank raises 2026 gold price forecast

Deutsche Bank on Wednesday raised its 2026 gold forecast to $4 450/oz from $4 000/oz, which it had projected two months ago, citing stabilising investor flows and persistent central-bank demand.... 

Codelco's record China copper offer sparks threats to walk away, sources say

Chilean copper heavyweight Codelco's record high offers to Chinese copper buyers are leading some to declare they will opt out of next year's term contracts as questions grow about the relevance of... 

Mercuria's copper bull forecasts more price records next year

A squeeze in global copper markets will tighten again next year, pushing up prices of concentrate and refined metal to new highs, the head of metals research at commodity trader Mercuria said on... 

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...