Hindustan Zinc posts quarterly profit rise on strong silver, zinc prices

India's Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand. India's top... 

State-run gold body has boosted Ghana's foreign reserves, central bank chief says

Ghana's central bank has rebuilt its foreign reserves to the equivalent of four and a half months of import cover after they were nearly depleted during a 2022 economic crisis, Governor Johnson... 

BHP's China Jimblebar iron-ore stocks rise as trade stalls amid contract talks, sources say

Stocks of a type of iron-ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China's state-run... 

HSBC raises average gold price forecasts for 2025 and 2026

HSBC has raised its 2025 average gold price forecast to $3 355 per ounce from $3 215 due to safe-haven demand driven by geopolitical tensions, economic uncertainty, and a weakening US dollar.... 

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure

Guinea’s bauxite exports surged 23% year-on-year in the third quarter, defying heavy rains and regulatory headwinds, official data showed. Shipments of the critical aluminium feedstock rose to... 

Botswana's ODC sets first contract diamond sales for November

Botswana's State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government's new deal with De Beers, MD... 

Namibia central bank chief calls for diamond royalty relief extension

Namibia's central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn,... 

US may seek more stakes in strategic companies to counter China, Bessent says

he Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China's economic policies and export restrictions, Treasury... 

Greer, Bessent blast China's rare earths curbs, urge Beijing not to implement them

Top US officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by... 

ANZ forecasts gold prices to hit $4 400/oz by year-end

ANZ on Thursday forecasts gold prices to surge to $4 400 per ounce by year-end, with a peak near $4 600 by June 2026, before a potential decline in the second half as the US Federal Reserve... 

Santos trims 2025 output forecast again on technical issue at Barossa project

Australia's Santos narrowed its annual output forecast for a second time on Thursday due to a technical issue delaying the ramp-up of its key Barossa oil & gas project, as well as a slow recovery... 

US judge set to approve Rio Tinto's $138.75m Mongolia mine settlement

A US judge on Wednesday said he was ready to approve Rio Tinto's agreement to pay $138.75-million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by... 

Gold tops $4 200 for first time on US-China trade tensions, Fed cut bets

Gold prices pierced the $4 200 mark for the first time to set a fresh record high on Wednesday, as renewed US-China trade tensions exacerbated existing global uncertainties, alongside increased... 

BHP's Slattery says Australia must cut red tape, power costs, to compete

BHP's head of Australia, Geraldine Slattery, said on Wednesday the country must speed up environmental approvals and boost access to cheap power if it hopes to compete for mining investment capital... 

Supply problems may force Freeport Indonesia to halt Manyar smelter, media reports

Miner Freeport Indonesia may be forced to suspend operations at its Manyar smelter at the end of October due to a lack of copper concentrate following a mud-flow incident at its Grasberg mine,... 

Gold trading platform Guldbrev lists in Stockholm amid record high gold prices

Shares of Swedish gold trading platform Guldbrev Holding opened at 20.5 Swedish crowns ($2.15) per share on their market debut on the Nasdaq First North exchange on Tuesday, slightly above the 20... 

Santos' finance chief Sherry Duhe resigns one year into role

Santos said on Tuesday that CFO Sherry Duhe has resigned, just one year after taking on the role, as the Australian gas producer navigates a transitional period ahead of the startup of its key... 

Value of Argentina's mining exports up about 33% in first nine months of 2025

Argentina's mining exports reached $4.21-billion in total value in the first nine months of 2025, an increase of 32.9% compared to the same period last year, the South American country's mining... 

Sharp divide between copper bulls and bears at industry gathering

A yawning gap has emerged in views about copper between those counting on mine disruptions to send prices of the major industrial metal to fresh record highs and sceptics who say demand is weak and... 

Copper supply jitters spur interest in Chile's $1.7bn smelter

Interest from copper buyers in diversifying supply chains could help Chile's state-run Enami secure funding for a $1.7-billion smelter project, the entity's head told Reuters, even as over-capacity... 

BofA hikes gold price forecast to $5 000/oz for 2026

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400. Gold surged above... 

Guinea charges 60 over deadly gold mine riot

Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.... 

Chile mine regulator probes worker death at BHP's Escondida

Chile's mining regulator Sernageomin said on Friday it is investigating the death of a worker at BHP's Escondida, the world's largest copper mine. Two sources with knowledge of the matter said... 

Congo to revoke cobalt quotas for companies that fail to export full volume

The Democratic Republic of Congo will revoke cobalt export quotas from companies that fail to export allocated volumes, breach environmental or tax rules, or transfer quotas to third parties, its... 

Australia consults on critical minerals stockpile ahead of Albanese-Trump meeting

Australia is formulating a plan for its critical minerals reserve that will focus on sales of future production, limiting the need for a physical stockpile, industry sources said, as Australian and... 

Codelco lifts El Teniente loss estimate, copper output target intact

Codelco's copper losses from the accident at its El Teniente mine are likely to be 45% higher than previously estimated, but Chairman Maximo Pacheco still expects the world's largest copper miner... 

China says its rare earth export controls are 'legitimate'

China defended its export control measures on rare earths as "legitimate" on Sunday after President Donald Trump retaliated against the curbs by announcing steep new US tariffs on Chinese goods.... 

Goldman Sachs sees medium-term gains for silver, warns of near-term risks

Goldman Sachs said on Sunday that silver prices are likely to rise further in the medium term, driven by private investment flows similar to those boosting gold amid anticipated Federal Reserve... 

Vulcan Energy inks agreement to supply Glencore with lithium

Vulcan Energy said on Monday that it has signed an agreement with Glencore to supply the mining giant with lithium hydroxide monohydrate from its Lionheart Project in Europe. The company will... 

Caterpillar to acquire Australia's RPMGlobal for A$1.12bn

Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12-billion. The news comes... 

Australia considering critical minerals deal with US, The Age reports

Australia is mulling the introduction of mandated floor prices for critical minerals and funding for new rare earth projects as part of a proposed resources deal with the United States, The Age... 

Botswana enforces new 24% local ownership rule for mines

Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on... 

China's state iron-ore buyer offers BHP cargoes for sale amid ban fears

Several cargoes of BHP iron-ore were put up for sale in China on Thursday and at least one was sold to a local trader, potentially defusing concerns in Australia that Beijing had imposed a ban on... 

Gold's record run creates new rulebooks for investors

Investors are testing well-established views about gold, which is surging to new records, as an AI-driven stocks rally and red-hot bitcoin force a rethink of what's driving one of the world's... 

Copper output from Chile's Codelco slides 25% in August after deadly mine accident

Copper production from Chilean state-run miner Codelco tumbled 25% in August, data from copper commission Cochilco showed on Thursday, after a deadly collapse stunted output from its... 

US-based Flagship Gold signs deal to revive Mali's Morila mine

New York-based Flagship Gold Corp has signed a partnership agreement with Mali's state-owned miner to restart production at the Morila gold mine, the first US investment under the military-led... 

Argentina mining investment on pause as midterm elections loom

Political uncertainty ahead of Argentina's October midterm elections is holding back investment decisions in the mining sector, the country's main industry group said on Thursday, warning that... 

Copper hits $11 000/t for first time since May 2024

Copper prices hit $11 000 per metric ton on Thursday, a level not seen in over 16 months, as widespread disruption at mines sparks fears of a shortage of supply and attracts speculative inflows.... 

Congo to start building gold reserves as price surges, central bank governor says

The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile... 

Gold takes a breather after safe-haven demand fuels record run

Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the $4 000 level for the first time ever on economic and geopolitical uncertainties and...