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Vedanta secures up to $600m to refinance debt
Indian miner Vedanta said on Thursday its parent Vedanta Resources has secured a loan facility agreement worth up to $600-million with international banks to refinance its debt. Easing risks...
Australia sues China-linked rare earths investors
Australia is suing a Chinese-linked company and a former associate over a breach of foreign investment laws linked with rare earths miner Northern Minerals, the national treasurer said on Thursday,...
US announces policy changes for offshore mineral development
US President Donald Trump's administration on Wednesday announced policy changes it said would speed up the search and development of offshore critical minerals. The Bureau of Ocean Energy...
China to overtake Australia as world's top lithium miner by 2026, Fastmarkets says
China by next year will overtake Australia as the world's top miner of the battery metal lithium, according to a forecast from consultancy Fastmarkets, and its market prowess is expected to grow...
Lithium miner SQM cuts 5% of Chile workforce as prices fail to bounce back
The world's second-biggest lithium miner SQM has begun laying off 5% of its Chilean workforce as it contends with a protracted slump in global prices for the battery metal, according to a company...
Peabody extends lockout at Helensburgh coal mine in Australia
US coal producer Peabody Energy is extending a lockout at one of its New South Wales mines, Australia's Mining and Energy Union (MEU) said on Thursday, after its workers staged a protest, demanding...
China, India shift to higher-grade coal, cut Indonesian imports
Top thermal coal importers China and India are slashing Indonesian shipments of the power generating fuel in favour of energy-dense grades from elsewhere as a global fall in prices has made...
India's coal stock at power plants hits record high ahead of monsoon, govt says
India’s coal stock at thermal power plants has reached a record high of 58.25-million tonnes, enough to meet 25 days of consumption, the government said on Tuesday, bolstering energy security ahead...
Peru's Buenaventura to begin gold production at San Gabriel project in November
Buenaventura, one of Peru's largest mining firms, expects to begin gold production in November at its $750-million San Gabriel project, CEO Leandro Garcia said on Tuesday. Construction of the...
Central banks eye gold, euro and yuan as dollar dominance wanes
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and...
AVZ Minerals to resume proceedings against DRC over disputed lithium deposit
Australia's AVZ Minerals said on Tuesday it will resume proceedings against the Democratic Republic of Congo (DRC) over mining rights to the Manono lithium deposit after the parties were unable to...
Iron-ore prices flat as China demand counters Australia supply outlook
Iron-ore futures prices flitted within a tight range on Tuesday, as traders weighed resilient near-term demand in China against the potential of improved supply from top producer Australia. The...
First Quantum reports fatality from accident at Zambia mine, suspends some operations
First Quantum Minerals said on Monday it had temporarily suspended operations in the area of an accident at the Trident project in Zambia which resulted in the death of an employee. The Canadian...
Malian court-appointed administrator meets Barrick Mining staff in capital as office reopens
Malian tax officials have reopened Barrick Mining's office in the capital under a court-appointed administrator, after it was shuttered in April over alleged non-payment of taxes, two people close...
Niger miners say output will continue at nationalised uranium mine
Niger's main mine workers' union has thrown its support behind the military government's planned nationalisation of Somair, one of the world's largest uranium mines, saying output will continue,...
EU needs rare earths strategic reserves against China threat
European Union countries should create joint reserves of rare earths to prevent supply chain disruptions and economic blackmail from China, the EU's Commissioner for Industrial Strategy, Stephane...
As gold prices surge, West Africa mine operators launch drones to detect wildcat miners
As the afternoon sun beats down on Gold Fields' sprawling Tarkwa gold mine in southwestern Ghana, three men launch a drone into the clear sky, its cameras scanning the lush 210-square-kilometer...
Teck Resources eyes output boost for chipmaking-metal germanium
Canada's Teck Resources is weighing options to expand production of germanium, a strategic metal key to chipmaking, and is currently talking with governments, including Canada and the United...
Goldman Sachs warns of oil price surge on Strait of Hormuz risks
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the bank...
Congo extends cobalt export ban by three months
The Democratic Republic of Congo has extended by three months a ban on exports of cobalt intended to curb oversupply of the electric vehicle battery material, a regulatory agency said on Saturday....
China sells coking coal to Indonesia in rare trade, sources say
China sent a rare shipment of at least three cargoes of coking coal to processors in Indonesia's Sulawesi in May, sources familiar with the matter said, encroaching on a market typically dominated...
Collapse at coltan mine in eastern Congo kills 12, sources say
A collapse at a coltan mine in eastern Democratic Republic of Congo's North Kivu province has killed at least 12 people, a mining source and a civil society source said on Friday. The sources said...
Glencore says Australia copper smelter unviable, asks for government help
Glencore has called its Mount Isa copper smelter unviable and is waiting to hear back on its requests for assistance from state and federal governments to keep the facility open amid tough global...
Niger to nationalise uranium mine operated by France's Orano as relations sour
Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup...
Canada could slap more duties on US steel and aluminum, says Carney
Canada could increase counter-tariffs on US-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on...
Santos' Barossa LNG project progresses towards final commissioning plans
Santos said on Wednesday it had progressed its Barossa LNG project towards final commissioning activities following the arrival and deployment of a floating production, storage and offloading...
Chevron enters lithium sector with acreage buy in Texas, Arkansas
Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the US oil major into domestic lithium production. Energy...
Mali starts construction of Russia-backed gold refinery
Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources....
TMC secures $85m investment from Korea Zinc amid US minerals push
Deep-sea mining firm The Metals said on Monday that South Korean refiner Korea Zinc will invest $85.2-million, giving a boost to the company's plans to supply critical minerals for the US energy...
IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a...
'Deep pockets' could help Abu Dhabi win regulatory approval for Santos bid, analysts say
Abu Dhabi National Oil Company, preparing an $18.7-billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with...
US Export-Import Bank considers $120m loan for Greenland rare earths project
Critical Metals has received a letter of interest from the US Export-Import Bank (EXIM) for a loan worth up to $120-million to fund the company's Tanbreez rare earths mine in Greenland, in what...
Ecuador reopens mining concession registry after seven years
Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American...
Hudbay resumes operations in Snow Lake after evacuation orders lifted
Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of...
G7 leaders agree on strategy to protect critical mineral supply, draft says
Group of Seven leaders on Monday provisionally agreed on a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters. The...
Trump says tariffs must be part of any Canada deal, Ottawa pushes back
US President Donald Trump said on Monday a new economic deal with Canada was possible but stressed tariffs had to play a role, a position that the Canadian government strongly opposes. Canadian...
Ghana has lost $11bn to gold smuggling, links to UAE, report finds
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report...
Botswana's Debswana to approach capital markets to fund Jwaneng underground project
Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have...
Barrick Mining's gold complex placed under state control in Mali
Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership. A former Malian...
Mali hopes Russia partnership will help end raw gold exports
Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity...
Woodside, Australian govt extend consultation period for North West Shelf enviro approval
Woodside Energy and the Australian government said on Friday they have extended the consultation period for conditions tied to the environmental approval of the firm's North West Shelf LNG project...
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