Delay in Chile mining permits a serious problem, says local head of Freeport

An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the local head of US... 

Copper drops as dollar strengthens on early US election results

Copper fell along with most metals, weighed down by a rise in the dollar as results of the US election started to come in. Votes were still being counted and polls remained open in many key states... 

Codelco seeks permit for $650m Andina water project

Chile's state copper giant Codelco has applied for an environmental permit for a $650-million project to make water use in its Andina mine more sustainable, the company said on Tuesday. The plan... 

Canada proposes sharp cut in oil and gas sector emissions by 2030

The Canadian government on Monday released draft regulations that would cap emissions of greenhouse gases from the oil and gas sector by 35% from 2019 levels, slightly less than initially... 

Rusal raises bar in Nornickel dispute with fresh claims against Potanin

Aluminium giant Rusal has added fresh claims to its legal dispute against Russian billionaire Vladimir Potanin, CEO and largest shareholder of metals producer Nornickel, court documents seen by... 

Botswana's new President aims to clinch De Beers diamond sales pact soon

Botswana's new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible. De Beers, a unit of mining company... 

Canada to unveil long-awaited plan for emissions cap on oil and gas sector

Canada will on Monday unveil the details of its long-awaited plan to cap emissions of greenhouse gases from the oil and gas sector, an idea that the energy industry and some provinces strongly... 

South Africa looks to Africa and China ties as global trade fences go up

South Africa's trade minister said his country is pursuing more robust trade and investment ties within the continent and with China - its biggest trade partner - as the global trade environment... 

Abandoned copper mines embraced as fast track to boost output

In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to... 

Argentina Lithium wins local authority approval to kick off exploration push

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 

Environmentalists sue over US approval of ioneer's Nevada lithium mine

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the US Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the... 

Sumitomo resumes production at Madagascar's nickel project

Japanese trading house Sumitomo Corp said on Thursday it was slowly resuming production at the Ambatovy nickel and cobalt project in Madagascar after last month's pipeline issue and is reviewing... 

Copper output from Chile's Codelco down nearly 5% this year, but recovery expected

Chile's State-owned miner Codelco reported 918 000 metric tons of its own copper output from January through September, down 4.9% from the first nine months of last year, a filing to the country's... 

Canadian Natural Resources posts Q3 profit drop on lower crude prices

Canadian Natural Resources posted a drop in third-quarter profit on Thursday, as the energy producer took a hit from a decline in production and lower crude prices. Global oil prices dropped... 

UBS expects copper price to average $10 500/t in 2025

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 

BHP leaves room for new copper offer to Anglo American

BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American, months after its failed bid in May.... 

Australia must brace for longer fire seasons and marine heatwaves ahead, report says

Australia must brace for longer and more dangerous fire seasons and marine heatwaves in the years ahead, while swift changes in weather patterns might result in more hot days and fewer cool days, a... 

Saudi Arabia in advanced talks over Zambia copper mine stake, Ma'aden CEO says

Saudi Arabia is in the advanced stages of talks about a stake in a copper mine in Zambia and is expecting a deal by the end of the year, the CEO of Saudi Arabia’s flagship mining company Ma’aden... 

Simandou to mine first cargo by end 2025

China's biggest listed steelmaker, Baoshan Iron & Steel, expects the Simandou iron ore project in Guinea to complete infrastructure construction and mine its first cargo by the end of 2025, the... 

Lynas Rare Earths first-quarter revenue falls nearly 6%

Australia's Lynas Rare Earths reported a nearly 6% decline in first-quarter revenue on Wednesday due to falling prices for strategic minerals and muted demand. Rare earth prices sustained at low... 

Debswana diamond sales fall over 50% in first nine months of 2024

Sales of rough diamonds at the Debswana Diamond Company fell about 52% in the first nine months of 2024, data released by Botswana's central bank on Tuesday showed, as the downturn in the global... 

Alcoa 'very bullish' on aluminium for energy transition

Alcoa is "very bullish" on aluminium as the energy transition drives demand growth, including substitution away from copper, CEO William Oplinger said on Wednesday. "As we look forward, demand... 

BHP has moved on from Anglo American, company chairperson says

BHP has moved on to focus on other growth opportunities after its failed bid for Anglo American earlier this year, the company's chairman said on Wednesday, weeks before a block on making another... 

Ruling party to stay in power in Canada's Saskatchewan

Premier Scott Moe's right-of-center Saskatchewan Party is extending its hold on power in the western Canadian province after winning a small majority in Monday's election, preliminary results... 

Left-leaning New Democratic Party to form British Columbia government after tight election win

 Incumbent Premier David Eby's New Democratic Party (NDP) is set to form the next government of British Columbia after edging ahead in a final tally of ballots on Monday, more than a week after the... 

Vale partners with China's Jinnan steel to build iron ore processing plant in Oman

Brazilian miner Vale, one of the world's largest iron ore producers, said on Monday it had partnered with China's Jinnan Steel Group to build an iron ore beneficiation plant in Oman to produce high... 

Australian rare earths developer ASM eyes US defence funding

Rare earths developer Australian Strategic Materials (ASM) sees more funds becoming available for rare earths projects from the United States Department of Defence even if there is a change in... 

US Energy Dept finalises $2.26bn loan for Lithium Americas' Nevada mine

The US Department of Energy finalised a $2.26-billion loan for Lithium Americas on Monday to build Nevada's Thacker Pass lithium mine, one of Washington's largest mining industry investments and... 

Australia risks losing top spot in global steel supply chain, Fortescue says

Australia risks losing its dominant position in the global iron-ore market if it does not move swiftly to produce green iron, and would do well to learn lessons from the near wipe-out of its nickel... 

Nornickel raises 2024 production guidance

Russia's Nornickel, the world's largest producer of palladium and a major producer of refined nickel, has raised its 2024 production guidance for all metals. The company said on Monday that its... 

Brazil seals $30bn compensation deal with BHP, Vale over 2015 dam collapse

Brazil on Friday signed a 170-billion reais ($29.85-billion) compensation agreement with miners BHP, Vale and Samarco for the Mariana dam collapse in 2015, one of the country's worst environmental... 

Codelco suspends operations at copper refinery after worker's death

Chilean state miner Codelco suspended operations at its Ventanas copper refinery after a worker died on the job, the company said on Friday. The 32-year-old employee of Codelco contractor CVC was... 

Australia's IGO swings to a loss on lithium downturn

Australia's IGO posted a quarterly loss on Monday, swinging from a profit in the previous quarter as a slowdown in electric vehicle battery demand wiped out profits from its lithium operations.... 

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up as the world seeks greener energy, but for miners like South Africa's Thungela Resources that could be a boon if Asia's ravenous appetite keeps prices bouyant,... 

Goldman Sachs raises 2025 aluminum, copper price outlook

Goldman Sachs on Thursday raised its 2025 aluminum and copper price forecasts citing higher demand potential in top consumer China following stimulus measures. The investment bank hiked its 2025... 

Biden administration approves ioneer's Nevada lithium mine

The US Interior Department on Thursday gave final approval to ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the battery metal to be permitted by President Joe Biden's... 

Whitehaven Coal jumps on price outlook, output beat

Australia's Whitehaven Coal said on Friday that it was optimistic about further gains in metallurgical coal prices due to supply constraints and reported quarterly production ahead of market... 

Can Anglo's copper pivot help thwart renewed takeover bid?

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP... 

Vale's third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its third-quarter net profit fell 15% from a year earlier, hit by lower prices of the steel-making ingredient... 

Mali accuses Barrick Gold of breaching agreement, miner denies claims

Mali has accused Barrick Gold of failing to abide by commitments made in a recent agreement, charges the Canadian miner denied on Thursday, saying it did not accept any claims of wrongdoing....