Anglo American shareholders approve demerger of South African unit Amplats

Global miner Anglo American said on Wednesday that shareholders have approved the demerger of its South African unit, Anglo American Platinum (Amplats), along with the company's share... 

US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals

The US is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment... 

Australia boasts rare trade surplus with US on gold frenzy

Australia has boasted its best three-month run of exports to the United States as President Donald Trump's tariff policies sparked a rush to buy gold, turning a rare US trade surplus into a... 

Northern Graphite plans to put Quebec mine on care and maintenance

Canadian miner Northern Graphite will put its Quebec plant under care and maintenance, effectively stopping production at North America's only graphite producing facility, by the end of 2025 if the... 

Albemarle CEO says 'math doesn't work' for US lithium refinery project

Albemarle's stalled plans to build the largest US lithium refinery remain on hold due to the ongoing global glut of the battery metal that has dragged down market prices, the company's CEO told... 

Ghana secures deal with nine more gold miners to buy 20% of their output

Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase programme meant to... 

China's Zijin Mining eyes gold unit spin-off and listing

China's Zijin Mining said on Wednesday it plans to spin off its unit, Zijin Gold International, and list it on the Hong Kong bourse as part of a reorganization of its overseas gold assets. This... 

Record gold prices help keep China's copper smelters going despite losses

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 

Zambia copper production up 30% year on year in the first quarter, minister says

Zambia's copper production was up about 30% on the previous year in the first quarter of 2025, reaching roughly 224 000 metric tons from around 173 000 metric tons in the first quarter of 2024,... 

American Battery Technology receives $900m loan interest for lithium mine project

American Battery Technology said on Tuesday it has received a letter of interest from the US Export-Import Bank (EXIM) for $900-million in financing to support the construction of its Nevada-based... 

Vale checking alternatives for nickel assets amid challenging scenario

Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term... 

Billionaire investor John Paulson sees gold near $5 000 by 2028

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 

Belgium open to bigger role in Congo minerals sector, foreign minister says

Belgium is open to deeper involvement in Democratic Republic of Congo's minerals sector, its foreign minister said on a visit to the former Belgian colony, which is seeking to diversify its... 

Burkina Faso to nationalise more industrial mines, PM says

Burkina Faso plans to take control of more foreign-owned industrial mines, the country's prime minister said, as the West African country seeks a bigger share of revenue from its national... 

Woodside approves $17.5bn US LNG project, targets 2029 start

Australia's Woodside Energy announced on Monday it has approved a $17.5-billion investment for the construction of a liquefied natural gas (LNG) plant in Louisiana. It is the first financial... 

Fortescue bucks weather woes to post higher Q3 iron-ore shipments

Australian miner Fortescue posted higher third-quarter iron-ore shipments on Thursday in line with analyst expectations, as output recovered from a train derailment in the same quarter a year... 

Whitehaven warns weather to drive coal prices higher as quarterly output falls

Australia's Whitehaven Coal warned on Tuesday that weather conditions would put pressure on both metallurgical and thermal coal prices in the near term, while reporting a 5% sequential decline in... 

Burkina Faso grants mining lease to Russia's Nordgold for gold project

Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on record-high gold prices to... 

Barrick Gold contractors in Mali lay off staff amid government dispute – documents, sources

At least four subcontractors employing several hundred people at Barrick Gold's complex in Mali are laying off staff following a two-year dispute between the Canadian miner and the state, according... 

Global refined zinc and lead markets face 2025 surplus, ILZSG says

The global refined zinc and lead market will be in surplus this year, the International Lead and Zinc Study Group (ILZSG) said on Friday. The group expects that global supply of refined lead will... 

Hindustan Zinc reports higher profit on jump in prices, production

Hindustan Zinc, the world's third-biggest zinc producer, reported a jump in fourth-quarter profit on Friday, supported by higher production and rising prices of the metal. The company's... 

India's steel secretary says coking coal imports to accelerate

India's coking coal imports will accelerate due to the limited availability of the key steelmaking ingredient amid a ramp-up of steel capacity, the steel secretary said on Friday. Imports of coking... 

Mine collapse in eastern Congo kills at least ten people, rebel-appointed provincial governor says

At least 10 people were killed in a gold mine collapse in eastern Democratic Republic of Congo, the rebel-appointed governor of South Kivu province said on Thursday. M23 rebels have seized east... 

Chinese coal buyers reject new Indonesia price benchmark

Indonesia's push to roll out a government-set price for coal is not gaining traction in top buyer China, undermining Jakarta's attempt to exert more leverage over its commodity exports. Indonesia... 

NMDC exploring coking coal assets in Indonesia, Australia

Indian miner NMDC is exploring coking coal assets, key ingredient used for making iron ore and steel, in Indonesia and Australia, Chairman Amitava Mukherjee said on Thursday. India, the world's... 

Antamina copper mine restarts after accident left employee dead

Peru's sprawling Antamina copper mine is slowly restarting operations, a source close to the company said on Thursday, after an accident earlier this week left an employee dead and another... 

Trump signs executive order boosting deep-sea mining industry

President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical... 

Vale's net profit drops 17% on lower iron ore prices

Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs. Vale, one of the world's largest iron ore producers,... 

Freeport-McMoRan flags higher costs due to tariffs, posts lower quarterly profit

Freeport-McMoRan said on Thursday the proposed tariffs could increase costs of goods the copper miner purchases in the United States by about 5%. Trump's sweeping tariffs on most U.S. imports and... 

Nickel market forecast to be in 198 000 t surplus in 2025, says INSG

The International Nickel Study Group (INSG) on Thursday forecast a nickel market surplus of 198 000 metric tons for 2025. The group also forecast global primary nickel usage at 3.537-million tons... 

Atlantic Lithium seeks concessions to salvage Ghana project

Australia-based miner Atlantic Lithium said it has appealed to Ghana's government for fiscal concessions to salvage its Ewoyaa project, as plummeting global prices threaten the viability of what... 

Premier African Minerals seeks lithium offtake deal with Glencore

Premier African Minerals is pursuing a lithium concentrate supply deal with commodities giant Glencore Plc, it said on Wednesday, as it seeks to clear debt from an inconclusive offtake agreement.... 

Ghana and Gold Fields reach transitional deal on Damang mine

Ghana and Gold Fields have reached an agreement on a transitional plan for Damang mine, the West African country's presidency said on Wednesday. Last week, Ghana assumed operational control of the... 

Mulino rules out mining contract law to resolve Cobre Panama dispute

Panama will not offer a new mining contract law to resolve the Cobre Panama dispute and is still undecided regarding the way forward for the future of the mine, Panama President Jose Raul Mulino... 

Newmont profit beats estimates as gold rally trumps weak output

The world's biggest gold miner Newmont beat Wall Street estimates for first-quarter profit on Wednesday as a rally in bullion prices helped offset lower production, sending its shares up 2% after... 

Vedanta weighs US listing to raise $1bn for Zambian copper assets

Vedanta Resources, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1-billion for mine development, three sources familiar... 

Peru's Antamina copper mine on lockdown after manager killed

Peruvian copper mine Antamina on Tuesday launched a full security shutdown after an operations manager was killed and another high-ranking employee was injured in an incident at a mining camp.... 

Fresnillo shares dive 10% as first-quarter silver output drops 9%

Shares in Mexico-focused miner Fresnillo slumped as much as 10% in early trade on Wednesday after the company reported about a 9% decline in first-quarter silver production, hurt partly by work... 

Chile moves forward with lithium projects in three salt flats

Chile's government said it is moving forward with a simplified process to award lithium contracts in three salt flats, the mining ministry said on Tuesday. The agency stated that it has accepted... 

JP Morgan see gold prices crossing $4 000/oz by Q2 2026

JP Morgan sees gold prices crossing the $4 000 per ounce milestone next year, following increased recession probabilities amid boosted US tariffs and an ongoing US-China trade war, the bank said in...