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Nyrstar to cut output by 25% at Hobart zinc operations in Australia
Nyrstar will cut production by 25% at its Hobart zinc operations in Australia from April, the company owned by commodity trader Trafigura said on Wednesday, sending prices higher. "This decision...
Accidents at giant Rio Tinto project kill more than a dozen workers, prompting inquiry
A routine night shift ended in tragedy for Alseny Camara. The 32-year-old was working for a Chinese subcontractor building a railway to reach Simandou - the world's largest new iron mining...
Rhodium market hits 20-month high after Amplats' bid
Rhodium prices have leapt to their highest in 20 months, as buying interest from Anglo American Platinum (Amplats) coincided with strong demand and lower first-quarter output in South Africa, two...
Spain to map out critical resources in raw material push
The Spanish government wants to map out the country's mineral resources with a particular focus on key raw materials as part of a broader plan unveiled on Tuesday to boost production and management...
UAE's EGA reports lower net profit on bauxite suspension from Guinea, UAE taxes
Emirates Global Aluminium (EGA) on Wednesday reported a 23.5% decline in annual net profit for 2024 due to an impairment charge following the suspension of exports from its operations in Guinea and...
Chinese users turn to off-exchange Congolese copper to ease supply tightness
China will import even more off-exchange refined copper this year, according to analysts and traders, as output from the Congo booms and users look to alleviate shortages and head off a potential...
Indonesian miners group urges government to reconsider royalty hike plan
Indonesian Mining Association on Tuesday urged the government to reconsider a plan to hike royalty rates for mining products as miners are already struggling with rising operational costs and tight...
Brazil’s red tape is ‘cooling’ investment, mining group says
The growing global demand for critical minerals could be a boon for Brazil, but the strict licensing process is holding back development, says the country’s former environmental chief who now heads...
Australia's Santos to hike investment in US due to pro-energy policy - CEO
Australian oil and gas producer Santos will look to increase investments in the United States because of the pro-energy policies of US President Donald Trump's administration, Santos CEO Kevin...
Chevron CEO urges lasting US energy policy, not extreme swings
Chevron would like to see durability in US energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. US President Donald Trump's first weeks in office during his...
Freeport-McMoRan hopes Trump declares copper a critical mineral
Freeport-McMoRan hopes US President Donald Trump declares copper a critical mineral, a move that would unlock tax credits needed to boost American production of the red metal and offset global...
Uzbek gold miner NMMC ramps up London IPO preparations
Navoi Mining & Metallurgical Co., one of the world’s largest gold producers, is eyeing a potential London listing this year that could value the Uzbekistan state-backed miner at £4-billion...
Palliser urges Rio Tinto to pursue unification of dual-listed structure
London-based hedge fund Palliser Capital released on Monday a letter addressed to the chair of global iron ore miner Rio Tinto, urging further steps toward unifying its dual-listed structure...
Mali partially lifts suspension on issuance of mining permits
Mali will partially lift a 2022 suspension on the issuance of mining permits on March 15, the mines ministry said in a statement on Friday. The military-led West African country, one of Africa's...
Barrick says 'committed to reaching a mutually beneficial resolution' in Mali
Barrick Gold remains "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, its chief operating officer for Africa and the...
US open to minerals partnerships with the DRC
The US is open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday, after a Congolese senator contacted US officials to pitch a...
China's coal imports nudge up to record, but risks to outlook rise
China's coal imports rose 2.1% year-on-year to a record high for the January-February period, official data showed on Friday, as arbitrage opportunities remained open, but risks grew for imports in...
Germany’s lithium reserves could sustain domestic needs for decades, study finds
Germany could have enough lithium reserves to cover its domestic needs for several decades, a study showed on Thursday, as Berlin seeks to boost its electric vehicle production and cut dependency...
Freeport Indonesia may get around 1Mt copper concentrate export quota
Copper miner Freeport Indonesia may get an export quota for around one-million metric tons of copper concentrate, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday....
China January-February iron-ore imports hit by Australia weather-related disruptions
China's iron-ore imports in the first two months of 2025 fell by 8.4% from the same period a year earlier, curbed by weather-related supply disruption in major producer Australia. The world's...
South African health agency calls for coal-fired power station phase-out
An influential South African government agency recommended the country phase out coal-fired power stations on Thursday as it published a ten-year study which found that people living near them were...
Morocco approves green hydrogen projects worth $32.5bn
A Moroccan government committee on Thursday approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel worth a total of 319-billion dirhams ($32.5-billion). The Moroccan...
US Treasury's Bessent outlines plans to reshape global trade, ease bank regulations
USÂ Treasury Secretary Scott Bessent on Thursday laid out the Trump administration's ambitions to reshape international trade relations withtariffs, roll back financial regulations on American...
Trump's tariffs drive US physical market aluminium premiums to record high
Price premiums for aluminium on the physical market in the United States have surged to a record high due to the looming threat of tariffs on imports of the metal used in the transport,...
Canada muses about oil and gas exports as lever in tariffs dispute, also mentions potash
The United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, several...
Tunisia aims to raise phosphate output to 14m metric tons in 2030
Tunisia aims to raise phosphate production about five-fold to 14-million metric tons in 2030, the government said on Wednesday, part of a plan which seeks to restore the vital sector to help...
India fertiliser company in talks to buy phosphate from Togo, sources say
India's Fertilisers And Chemicals Travancore is in talks to sign a three-year contract to buy rock phosphate from Togo, to widen its supply sources, three people with direct knowledge of the matter...
Mali suspends artisanal mine permits for foreigners after accidents
Mali is suspending the granting of new artisanal mining permits to foreigners, after a couple of accidents in recent weeks left dozens dead. The collapse on February 15 of an artisanal gold mine...
Russia's Polyus reports record EBITDA on high gold prices
Russia's largest gold producer Polyus on Wednesday reported record production and core earnings for 2024 thanks to high gold prices in spite of Western sanctions on Russia and the company. Gold...
Chile's SQM reports about 41% drop in profit on lower lithium prices
Chile's SQM, the world's second-largest lithium producer, reported a 40.9% fall in fourth-quarter net profit on Wednesday, as higher sales volumes failed to offset a sharp decline in lithium...
US, Ukraine now plan to sign minerals deal, sources say
US President Donald Trump's administration and Ukraine plan to sign a minerals deal that fell through after a disastrous Oval Office meeting Friday in which Ukrainian President Volodymyr Zelenskiy...
Palliser welcomes Rio Tinto's decision to seek Australian shareholder vote on dual listing
London-based hedge fund Palliser Capital on Tuesday welcomed Rio Tinto's decision to allow the company's Australian shareholders to vote on a resolution that seeks an independent review of its...
Teck plans to sell to Asia to avoid US tariffs
Canadian miner Teck has been developing plans to sell zinc to Asia instead of the US to circumvent tariffs from President Donald Trump's administration on Canadian imports, CEO Jonathan Price on...
Uganda signs maiden production sharing deal to revive copper mine
Uganda has signed its first mining production sharing agreement (PSA) to redevelop a mothballed copper and cobalt mine in the country's west, near its border with Democratic Republic of Congo, it...
Canada to extend mineral exploration tax credit for two more years, Minister says
Canada will extend a tax credit on mineral exploration for two additional years as part of the government's move to support investment in exploration projects, energy, and natural resources,...
Rio Tinto resumes operations at Western Australia's Dampier port after five weeks
Rio Tinto said on Monday that its iron ore export facility in Western Australia's Dampier port resumed operations after being offline for over five weeks due to flooding from tropical cyclones. "A...
China national coal association proposes import, production controls
China's national coal association on Friday issued a statement to members proposing controls on coal production and imports of low-calorie, low-quality coal amid weak demand and high inventories....
Alrosa reports full-year profit slump of 77.3%
Russia's sanctions-hit diamond producer Alrosa on Friday reported a 77.3% fall in 2024 net profit year-on-year to 19.3-billion roubles ($219.32-million) on revenue of 239.1-billion roubles. Group...
Alberta projects C$5.2bn budget deficit if Trump tariffs proceed
Canada's oil-producing province of Alberta on Thursday forecast a budget deficit of C$5.2-billion ($3.5-billion) for the 2025/26 fiscal year if US tariffs are implemented and decrease government...
Mosaic misses fourth-quarter profit estimates on lower sales, prices
Fertiliser producer Mosaic missed Wall Street expectations for fourth-quarter profit on Thursday, hurt by lower potash prices and sales. Crop prices, including those of soybean, wheat and corn,...
Paris prosecutor drops case against Apple over Congo minerals, document shows
French prosecutors have closed a case filed by Democratic Republic of Congo accusing Apple subsidiaries of using conflict minerals in its supply chain, according to a document seen by Reuters on...
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