Guinea revokes 46 mining licences, signalling stricter oversight of major operators

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 

Kodal says Mali lithium exports blocked due to permit delays

Regulatory hurdles in Mali have left British miner Kodal Minerals unable to export more than 20,000 metric tons of lithium concentrate, its chief executive Bernard Aylward told Reuters. Kodal's... 

Palladium market seen moving to balance after years of deficit, says Johnson Matthey

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 

JP Morgan forecasts rise in copper, aluminium prices in second half of year

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 

China has ample cobalt despite Congo ban, conference delegates say

Chinese cobalt smelters have ample supplies of the battery-making material despite the export ban imposed by the world's top producer, the Democratic Republic of Congo, in late February, delegates... 

Judge to hear Mali's request to reopen Barrick mine under new management, official says

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 

US health department to reverse federal layoffs of coal safety workers, senator says

Over 100 federal employees who screen coal miners for black lung disease and research other respiratory disease who had been terminated as part of sweeping government layoffs have had their jobs... 

Ethiopia agrees minerals, energy deals worth $1.7bn, chiefly with Chinese firms

Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a... 

Global cobalt market seen swinging to deficit from surplus in early 2030s

Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in a research on... 

Rio Tinto expects first iron ore shipment from Guinea's Simandou in November

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.... 

Kazatomprom obtains financing for sulphuric acid plant

Kazatomprom, the world's largest uranium producer, has agreed a financing deal with the Development Bank of Kazakhstan for construction of the Taikonur sulphuric acid plant in Turkestan, it said... 

France's Orano files lawsuit over staff detention in Niger

French uranium miner Orano said on Tuesday it had filed a lawsuit with the Niger courts over the "arbitrary arrest, illegal detention and unjust confiscation of property" involving its staff and... 

Codelco and Rio Tinto ramp up efforts for Chile copper 'mining district'

Chilean copper producer Codelco and global miner Rio Tinto will jointly aim to create a copper "mining district" around their shared Nuevo Cobre project in the Atacama region of northern Chile,... 

China to strengthen control over strategic minerals exports

hina said on Monday that it will strengthen controls over the full supply chains of strategic minerals exports as part of efforts to tighten its dominant grip on materials it deems crucial to its... 

Pension fund HESTA exits Mineral Resources, citing governance concerns

Australian pension fund HESTA said on Monday it had sold its remaining stake in billionaire Chris Ellison-founded Mineral Resources, citing "serious governance concerns". The mining services... 

Cobalt Holdings plans to raise $230m in London listing

Cobalt Holdings said on Monday it plans to raise $230-million through a global offer and potentially list its shares in the London Stock Exchange, aiming to offer investors pure-play exposure to... 

Congo gold miner halts operations in tax dispute with M23 rebel administration

Twangiza Mining, a gold miner operating in the rebel-controlled South Kivu Province in the eastern Democratic Republic of Congo, said it has been ordered to suspend operations by the rebel... 

Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns

Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their environmental... 

US judge halts land exchange for Rio Tinto copper mine opposed by Native Americans

A US federal judge on Friday temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for a copper mine opposed by Native Americans, citing the Supreme Court's... 

China's April coal imports fall 16% year-on-year

China's coal imports fell 16% year-on-year in April, customs data showed on Friday, as weaker domestic prices made imports less profitable. Imports for the month were 37.83-million metric tons,... 

China launches campaign to crack down on critical mineral smuggling

China has launched a special campaign to crack down on the smuggling of strategic minerals as Beijing seeks to enforce export restrictions it placed on various metals used in industries ranging... 

China's export controls see April rare earth shipments tumble on month

China's exports of rare earths in April fell 15.6% from the month before after the country, which dominates global supply,announced controls on shipments of some of the critical minerals. China's... 

De Beers to shut down its lab-grown diamond jewellery brand Lightbox

De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and... 

Most LBMA refineries using gold database, the association says

Most gold refineries accredited by the London Bullion Market Association (LBMA) are now providing data to a digital platform launched in January to increase transparency in the industry, the... 

Barrick CEO says he does not know where Mali is keeping miner's confiscated gold

Barrick Mining is spending $15-million a month to keep its Mali mine running and doesn't know where Mali's government is keeping the gold it confiscated from the Canadian company, CEO Mark Bristow... 

Australian climate protesters disrupt Woodside's annual meet

Climate change protesters blew whistles and shouted on Thursday as they disrupted Australian Woodside Energy's annual general meeting, heckling CEO Meg O’Neill and forcing several suspensions.... 

Top potash producer Nutrien misses first-quarter profit estimates on lower prices

Nutrien fell short of Wall Street expectations for first-quarter profit on Wednesday, as the top potash producer was impacted by lower prices and higher energy costs. Trade tensions between the... 

US judge to rule by May 14 on Rio Tinto copper project opposed by Native Americans

A US federal judge said he will rule by May 14 on whether to block the Trump administration from transferring Arizona land to Rio Tinto and BHP to build a major copper mine opposed by Native... 

Guinea initiates process to cancel EGA's mining licence, sources say

The government of Guinea has initiated a process to withdraw Emirates Global Aluminium's mining licence in the West African nation, two people with knowledge of the matter told Reuters on... 

India eases coal supply rules to ramp up power generation capacity

India on Wednesday changed rules to allow long-term coal supply contracts for so-called independent power producers as it looks to ramp up its coal-powered plant capacity. The government also did... 

Mining convoy attacked in Mali on road to Allied Gold's Sadiola mine, sources say

A convoy transporting heavy mining equipment from the Malian capital Bamako to Allied Gold's Sadiola mine came under attack in the Kayes region over the weekend, two people familiar with the... 

Suncor reports first-quarter profit beat on refining strength

Canadian oil producer Suncor Energy reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from greater refinery production and sales volumes. The upbeat results... 

Niger security forces search Orano offices and seize phones, sources say

Security forces in Niger have searched the offices of uranium miner Orano's local subsidiaries, seizing phones and equipment, two sources told Reuters on Tuesday, months after the French company... 

Prices of aerospace material tantalite hit two-year highs on Congo unrest

Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that... 

Mosaic beats first-quarter profit estimates on South America business strength

Fertilizer producer Mosaic beat Wall Street expectations for first-quarter profit on Tuesday, driven by strength in its South America business. Shares of the company rose more than 2% after the... 

Lynas CEO says company is eyeing rare earths buys in Malaysia, Brazil

Lynas Rare Earths is eyeing potential purchases of rare earths deposits in Malaysia and Brazil and plans to work with early-stage developers to help bring their mines online, its CEO Amanda Lacaze... 

Safe-haven demand lifts gold to two-week peak, focus on Fed meet

Gold prices rose to a two-week high on Tuesday, as tariff threats from US President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was... 

Fortuna eyes Guinea investments after Burkina Faso exit, CEO says

Canada's Fortuna Mining is eyeing expansion into Guinea after exiting Burkina Faso, where it faced regulatory instability and high security costs because of jihadist threats, its CEO told Reuters.... 

Gold to continue outperforming silver, Goldman Sachs says

Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price... 

Adani Enterprises fourth-quarter profit drops on coal trading weakness

India's Adani Enterprises, the flagship company of the Adani Group, reported a drop in fourth-quarter profit on Thursday, hurt by weaker performance at its coal trading division. The company's...