Uganda targets higher exports with first large-scale gold mine

Uganda has inaugurated its first large-scale gold mine, a $250-million Chinese-owned project in the country's east that will also refine the bullion to 99.9% purity, according to a statement from... 

LME to adopt changes to block trades to boost electronic trading

 The London Metal Exchange will go ahead with planned reforms that seek to funnel more trading onto its electronic system to boost liquidity, it said on Friday. The exchange, the world's oldest and... 

Bolivia election: What you need to know

Almost eight-million Bolivians are set to vote on August 17 for a new president, vice president and all legislative seats - 26 senators and 130 deputies. Ex-President Evo Morales, Bolivia's... 

Iron-ore set for weekly decline on China's weakening property demand

Iron-ore futures slipped on Friday, on track for a weekly loss, as property demand in China weakened. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1... 

China warns western companies against stockpiling rare earths, FT reports

China is warning western companies against stockpiling rare earths or risk even greater shortages, as Beijing tightly controls supply of the metals that are vital for electric vehicles and other... 

Russian aluminium giant Rusal swings to first-half loss as expenses surge

Rusal reported a first-half net loss on Friday, as rising costs, higher interest expenses and foreign exchange fluctuations weighed on the Russian aluminium producer's earnings. The Hong... 

Brazil Potash seeks up to $1.8bn to build Amazon mine

Brazil Potash Corp is in talks with banks and other lenders to secure between $1.7-billion and $1.8-billion in debt to fund its planned potash mine in Brazil's Amazonas state, CE Matt Simpson said... 

Lithium rally promises breather for struggling Australian miners

 A recent rally in lithium prices could ease pressure on some beleaguered producers in Australia who have been trying to shrink exposure to the battery material, prompting them to drop plans to... 

Zambia copper output falls slightly in Q2, minister says

Zambia's copper production fell slightly in the second quarter of the year due to problems faced by four mines, its mines minister said on Thursday. Minister Paul Kabuswe cited issues at Sino... 

Swiss gold industry warns against Swatch boss's US gold tax proposal

Switzerland's gold industry on Thursday voiced scepticism about a proposal by the boss of watchmaker Swatch to introduce a levy on gold exports to the United States in retaliation for US tariffs on... 

Congolese mining company rejects US allegations following sanctions

The Congolese mining company sanctioned by the United States this week has said it "categorically rejects" allegations linking it to armed groups and mineral smuggling in turbulent eastern... 

Antofagasta half-year earnings surge 60% on higher copper demand, prices

Chilean miner Antofagasta posted a nearly 60% jump in half-year core earnings on Thursday, on higher production and prices its customers paid for energy transition material copper. Earnings before... 

Origin Energy CEO warns Australia's green shift costlier, slower than expected

Australia's top electricity and gas retailer Origin Energy said its green transition was proving slower and more costly than expected, while flagging its coal plant could run beyond 2027. The... 

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on... 

Chile slashes its estimate for 2025 copper production growth

Chile's state copper commission slashed its 2025 growth estimate for the country's production, saying it now expected an increase of 1.5% from last year, half the 3% growth it had estimated in... 

US proposes nearly $1bn in funds for critical minerals, materials

The Trump administration is proposing nearly $1-billion in funding to speed the development of US critical minerals and materials, used in everything from electric vehicle batteries to... 

Codelco's El Teniente smelter to restart after collapse

Chilean miner Codelco's smelter at its El Teniente mine is set to restart on Thursday, the firm said, after being paused for nearly two weeks due to a deadly collapse at the site. The collapse at... 

Inside the mine that feeds the tech world - and funds Congo’s rebels

Under the watchful eye of M23 rebels in the hills around the Congolese town of Rubaya, a line of men in rubber boots ferry sacks full of crushed rocks up winding paths cut into the slopes. The... 

US imposes sanctions on Congo armed group, mining firms over illicit minerals

The US on Tuesday announced sanctions against an armed group aligned with Congo's military as well as a Congolese mining company and two Hong Kong-based exporters over armed violence and the sale... 

Chilean authorities have opened probe into accident at Albemarle lithium plant, lawmaker says

Chilean authorities have opened an investigation into Albemarle's La Negra lithium processing plant following an accident reported last week, a local lawmaker told Reuters on Tuesday. Lawmaker... 

De Beers announces kimberlite field discovery in Angola

De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on Tuesday, its first such discovery in three decades. The Anglo American... 

Eramet names processing head in Gabon with eye on manganese ore export ban

French mining group Eramet has appointed an executive to oversee mineral processing in Gabon, the company said on Tuesday, as the West African country seeks to end exports of unrefined manganese... 

Alrosa flags high rates, inflation pressure as revenue falls

Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high... 

Codelco replaces El Teniente manager after deadly accident

Chilean state copper miner Codelco said on Monday that the general manager of its El Teniente mine, where a recent collapse killed six workers, will leave his position as part of a "mutual... 

Copper output from Chile's Codelco climbs 17% in June

Copper production from Chilean State-run miner Codelco ticked up 17% year-over-year in June, data from copper commission Cochilco showed on Monday, climbing to 120 200 metric tons. Codelco is the... 

Albemarle operating chief Netha Johnson to leave company

Albemarle, the world's largest producer of lithium for rechargeable batteries, said on Monday that COO Netha Johnson will leave the company. Albemarle did not provide a timeline for Johnson's... 

Arafura Rare Earths eyes $100m in export agency funding, source says

Arafura Rare Earths has received a letter of interest from Australia's export finance agency about potential funding for its Nolans project in the Northern Territory, which a source said would... 

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs

US President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up... 

Peabody's $3.8bn bid on Anglo American mines looms next week

Peabody Energy is set to reveal on August 19 whether it will continue with its $3.78-billion bid for Anglo American's Australian coking coal mines, as time ticks down for it to renegotiate a lower... 

Iron-ore rises on China restocking demand from steel mills

 Iron-ore futures rose on Monday, supported by strong restocking demand from steel mills in China amid healthy profit margins and low inventories, although expectations of production cuts in... 

Indonesia H1 coal output at 357.6Mt

Indonesia produced 357.6-million metric tons of coal from January to June this year, with 238-million tons exportedover the same period, Energy and Mineral Resources Ministry data showed on... 

CATL suspends operations at major lithium mine, seeks new licence

Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its licence expired, sparking a surge in lithium futures and miners'... 

HSBC raises silver price outlook on gold strength, geopolitical risks

HSBC has lifted its silver price forecasts for 2025, 2026, and 2027, citing strong support from high gold prices and safe-haven demand in the face of geopolitical and economic uncertainty. The... 

White House to clarify tariffs for gold bars as industry stops flying bullion to US

The White House plans to clarify what its official called misinformation about import tariffs for gold bars amid uncertainty, which saw some industry players pausing deliveries of bullion to the... 

Codelco gets approval from labour inspector to restart El Teniente operations

Copper miner Codelco received authorization from Chile's labor inspector office to begin resuming certain operations at its flagship El Teniente copper mine, it said on Saturday, after more than a... 

Australian lithium miners gain after report CATL suspends operations at China mine

Shares in Australia-listed lithium miners surged on Monday, after a report that battery manufacturer Contemporary Amperex Technology (CATL) had suspended production at a major Chinese mine for at... 

Congo names veteran executive Kabamba as mines minister in reshuffle

Democratic Republic of Congo appointed former mining executive Louis Watum Kabamba as mines minister in a cabinet reshuffle, the government said on Friday, ahead of key decisions on potential... 

Adani to build India's biggest privately funded coal power plant in a decade

Indian billionaire Gautam Adani's group will build and operate a $3-billion coal-fired power plant in Bihar state with a 2.4 GW capacity, it said on Thursday, the biggest coal plant constructed in... 

China July coal imports fall 23% on ample domestic supply

 China's July coal imports fell 23% from a year earlier to 35.61-million metric tons, General Administration of Customs data showed on Thursday, as ample domestic supply curbed demand. While... 

BHP, Vale offer $1.4bn settlement in UK lawsuit over Brazil dam disaster, FT reports

Global miners BHP Group and Vale have offered around $1.4-billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil's worst-ever environmental disasters, the Financial...