Shock departure leaves Woodside without its key gas champion

The surprise exit of Woodside Energy Group CEO Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural... 

How BP’s new boss became the most powerful woman in fossil fuels

Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from... 

Former BHP chief Brian Gilbertson has died, family says

Brian Gilbertson, the South African dealmaker who helped build the global mining giant BHP Billiton before his departure as CEO in 2003, has died. He was 82. His family said in a statement on... 

Codelco leadership in focus as Chile voters shift to right

Chileans on Sunday picked right-winger Jose Antonio Kast to head the country. Now, the mining industry is focused on who he will choose to lead state copper giant Codelco. The names of a handful... 

Barrick regains Mali mine along with 3t of its gold

Mali has restored control of the Loulo-Gounkoto mine to Barrick Minin and will return three tons of gold to the company after the two sides resolved a years-long dispute last month. The... 

BHP venture seeks Argentina incentives for major copper project

A BHP Group venture submitted an application to join Argentina’s investment incentives programme for a project in an area it hopes will be the next major production hub for copper. The Vicuña... 

Illegal miners are digging gold at a $4.8bn Newmont site in Peru

A multi-billion-dollar gold project owned by the world’s biggest bullion producer has been invaded by illegal diggers in northern Peru, according to a top government official. Newmont Corp.’s... 

Australian lithium miner Ioneer eyes bid for Rio’s US boron unit

Australian mining firm Ioneer is interested in bidding on a bundle of Rio Tinto Group’s US assets that produce boron, a critical mineral used in fertilizer, according to its top executive. CEO... 

South Africa sued over coal plant pollution exemptions

Environmental Activists sued South Africa’s environment department over its March decision to allow State-owned Eskom to breach emission rules at eight coal-fired plants. The court case was filed... 

China’s iron-ore buyer seeks new port rules to tighten its grip

China’s State-backed iron-ore buyer is proposing measures to curb hoarding of the steelmaking ingredient at ports, in a move that could dent the pricing power of foreign miners and traders. China... 

Lithium may get much-needed demand boost from battery storage

Lithium bulls are betting on energy storage systems as the next meaningful pillar of demand for the battery metal, nudging the global market back toward balance after years of oversupply. Giant... 

Silver extends gains above $60 on rate-cut hopes, tight supply

Silver extended gains after breaking above $60 an ounce for the first time on Tuesday, with traders betting on further monetary easing by the Federal Reserve and continued supply tightness. The... 

Gold surge sees shift to speculative asset from haven, BIS says

Retail investors drove the recent gold price surge, pushing bullion out of its traditional safe haven pattern to a more speculative asset, according to the Bank for International Settlements.... 

Silver, copper eclipse gold as top metals bets on supply fears

Silver and copper have replaced gold as the hot metal trade heading into 2026, with institutional and retail traders positioning for record rallies. Silver has nearly doubled this year, with most... 

South African private equity firms, lenders back $600m Congo dry port

South African private equity firms and lenders will invest $600-million in debt and equity on a dry port in the Democratic Republic of Congo to ease congestion on one of Africa’s busiest mineral... 

Goldman says copper’s ‘breakout’ above $11 000 won’t last

Goldman Sachs Group injected some caution into the debate over copper’s prospects, saying its surge past $11 000 a ton will prove short-lived as there’s still more than enough metal to meet global... 

Poland to join US-hosted G20 Summit as South Africa is shunned

The US is inviting Poland to the next Group of 20 Summit — and plans to shun South Africa — when President Donald Trump hosts the forum of the largest global economies in 2026, Secretary of State... 

Zambian Presidency shuns plan to give State free stake in mines

Zambia’s Presidency rejected proposed regulations that seek to give the state a minimum 15% stake in mines producing copper and other critical minerals without having to pay for it. A draft... 

Sasol CEO sees chemical business potentially listing by 2028

Sasol CEO Simon Baloyi said the South African company may spin off its international chemicals business as soon as 2028, depending on how quickly profit grows. Shares of the fuel and chemicals firm... 

Anglo, Teck pushed by Canada to give head office job guarantees

Canada is putting pressure on Anglo American to make stronger commitments to executive and management jobs at its proposed Vancouver headquarters as a condition of taking over Teck Resources,... 

Angola to speed up mine permits, cut red tape to lift investment

Angola will shorten the time it takes to award mining rights as it seeks to attract more investment into the southwest African nation’s minerals sector. Minerals and Petroleum Minister Diamantino... 

Motsepe says South Africa must curb crime to lure investors

South African billionaire Patrice Motsepe said the country must shake off its reputation for high crime levels if it wants to attract more investment. “Part of our challenge is crime,” Motsepe said... 

Zimbabwe lithium miners seek VAT moratorium until end of 2026

Zimbabwean lithium miners have asked the government to defer the imposition of a tax on concentrates until the end of 2026, so they can raise capital to construct processing plants. The southern... 

Rio Tinto mothballs flagship Jadar lithium project

Rio Tinto Group has mothballed the controversial $2.95-billion Jadar lithium project in Serbia, according to an internal note. The memo, sent this week and seen by Bloomberg, said that the project... 

Bolivia is rethinking lithium deals with China, Russia in US pivot

Bolivia is awash in the battery metal lithium, but the resource is nearly all trapped underground. President-elect Rodrigo Paz, who takes office Saturday, is vowing to finally bring Bolivia into... 

CATL sees progress in bid to restart key Chinese lithium mine

Contemporary Amperex Technology has been told how much it should pay for the rights to its key lithium mine in China, another sign of progress in the battery maker’s bid to restart the operation... 

Oppenheimer family scion urges South Africa to cut red tape

Jonathan Oppenheimer, scion of the family that built Anglo American and De Beers into global mining powerhouses, urged the South African government to “get out of the way” of entrepreneurs. While... 

Trump Administration adds copper, coal to critical minerals list

The US added uranium, copper and silver to a government list of critical minerals as the Trump administration broadens its scope of what commodities it deems vital to the American economy and... 

South Africa’s commodity boom set to spill into wider economy

South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices improve the fiscal outlook and support lower... 

Once a lithium darling, Sigma’s woes mount with 29% stock rout

Sigma Lithium is plunging amid growing doubts about near-term production and potential delays to a key expansion project. In a sharp reversal for a stock once seen as an industry darling, Sigma... 

China’s MMG hit by EU probe of $500m Anglo deal

Chinese-owned mining firm MMG’s $500-million purchase of Anglo American's Brazilian nickel business has been hit by an in-depth European Union probe after regulators warned that the deal threatens... 

Asia’s coal mavericks chase riches while giant miners scale back

Deep in the rainforests of Indonesia, a group of miners is betting there’s still billions to be made from the world’s dirtiest fossil fuel. Global mining giants have largely retreated from coal... 

China’s massive African mine threatens to upend the iron-ore market

In April 1998, a young geologist and his team set out from the village of Moribadou and trekked for six hours through the Guinea Highlands, a densely forested plateau that spreads across four... 

Rio Tinto CEO Trott steps up push to streamline sprawling miner

Rio Tinto Group’s new boss has told staff that plans to focus the miner’s sprawling corporate structure on its most profitable metals will be a blueprint for a “sharper, simpler” operation, though... 

Anglo sees Chile copper mine returning to full output in 2027

Anglo American’s expects its flagship copper mine in Chile to return to normal output levels in 2027 after grappling with a period of lower quality ore that’s set to constrain production next... 

North American miners sell shares at fastest pace since 2013

Mining companies are selling shares at the fastest clip in a decade, and investors looking for exposure to sharply higher gold prices and in-demand critical minerals can’t get enough. With October... 

Newmont said to eye deal for Barrick’s prized Nevada assets

Newmont is studying a potential deal to gain control of Canadian rival Barrick Mining’s prized Nevada gold assets, people with knowledge of the matter said. Denver-based Newmont has a minority... 

Angola submits bid for Anglo American’s majority De Beers stake

Angola said it has offered to buy Anglo American’s majority stake in De Beers, facing off against other potential suitors including neighboring Botswana. State-owned Angolan gem producer Endiama... 

Saudi Arabia lures Macquarie, Rinehart in courtship of Australia

Saudi Arabia is ramping up efforts to deepen ties with Australia — a country with which it has traditionally done limited business — as the kingdom seeks to capitalise on fresh momentum from deals... 

Mining investor says US must outspend China on critical minerals

A US-backed mining investor warned that Washington must outspend Beijing on critical minerals projects to challenge China’s dominance of global supply chains. Western governments are still moving...