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... 

Australian miner Fortescue lands near $2bn loan to advance decarbonisation

Fortescue said on Friday it had secured a syndicated term loan facility worth 14.2-billion Chinese yuan ($1.98-billion) as the Australian miner looks to support its ambitious decarbonisation... 

Chile's ENAMI opens door to investors for $1.7bn smelter

Chile's state-run mining company Enami has kicked off a process to draw in investors for a $1.7-billion smelter in exchange for copper cathode supply, it said on Wednesday. The Hernan Videla Lira... 

Australia to invest A$50m to boost Liontown's Kathleen lithium operations

The Australian government said on Thursday it will invest A$50-million in Liontown Resources to help ramp up operations and transition to underground mining at its flagship Kathleen Valley project,... 

Rio Tinto says no economic incentive for green steel in Australia

Rio Tinto joined peer BHP on Thursday to play down Australia's prospects of building out a "green iron" sector that would help decarbonise the steel industry because the country lacks the economic... 

Nutrien beats quarterly profit estimates on strong potash demand

Nutrien topped Wall Street estimates for second-quarter profit on Wednesday, as the world's top potash producer benefited from improved demand in North America amid a robust corn planting season.... 

Mining giants squeeze dividends with an eye toward funding growth

So far this earnings season, large miners are paying out their lowest dividends in years, as mineral prices slip and they need to retain cash for their massive development projects, while trying to... 

Codelco asks to restart part of El Teniente mine after accident

Copper miner Codelco has asked Chile's mining regulator for permission to reopen a part of its flagship El Teniente mine after a collapse last week that killed six people, two sources with... 

BHP and Lundin will request Argentina incentives, but other miners fear missing out

 BHP and Lundin plan to soon apply for a new Argentine investment incentives scheme for their Vicuna copper project, but other miners fear they may get left out before the program's cut-off date a... 

Zimbabwe platinum miners owed millions in unpaid export earnings

Zimbabwe's platinum miners are owed millions of dollars in unpaid exports income under the government's foreign currency retention rules, the mining chamber has said, hurting operations in a sector... 

Uranium Energy's Sweetwater plant on fast track for in-situ mining approval

Uranium Energy's  Sweetwater Uranium Complex in Wyoming has been selected by the US government for a fast-tracked process of approval to add in-situ recovery capability, it said on Tuesday. In... 

Why did copper escape US tariffs when aluminium did not?

A US decision last week to exempt refined copper metal from import duties is in contrast to an earlier move to levy steep duties on aluminium, and highlights the central importance of electricity... 

Guinea revokes Emirates Global Aluminium's mining concession, statement says

Guinea has revoked the bauxite concession awarded to a subsidiary of Emirates Global Aluminium (EGA) and transferred it to a newly created state-backed firm, citing violations of its mining code,... 

Tianqi Lithium Australia JV says it is prioritising long-term viability of refinery

Tianqi Lithium Energy Australia said on Tuesday it was prioritising the long-term viability of its loss-making Kwinana lithium hydroxide refinery after one of the joint venture's owners raised... 

Australia considering price floor to support critical minerals projects, Minister says

Australia is considering setting a price floor to support critical minerals projects, including rare earths, Resources Minister Madeleine King said, in comments that led to a jump in share prices...