Families gather at South African mine shaft where hundreds are feared underground

 Desperate family members of illegal miners believed to number in the hundreds waited outside a disused mine shaft in South Africa on Friday in the hope of their loved ones emerging from the hole... 

France's Orano warns of financial problems at Niger uranium plant Somair

French nuclear fuels company Orano warned on Friday of a "deteriorating financial situation" at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures... 

Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand

Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House... 

Trump's transition team aims to kill Biden EV tax credit

President-elect Donald Trump's transition team is planning to kill the $7 500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct... 

Australia eyes US climate policy shift for green energy boost

Any move by the Trump administration to change US climate policy could benefit Australia's ambitions to attract greater investment to its critical minerals and green energy industry, Prime Minister... 

Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse

A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the... 

Police in standoff with hundreds of illegal miners in disused shaft

South African police were in a standoff on Thursday with hundreds of illegal miners believed to be underground in a disused shaft, a day after a cabinet minister said the government was trying to... 

Australia may lose A$69bn amid green steel rush, report says

Top global iron-ore exporter Australia could lose as much as half its revenue from the sector if it fails to start producing green iron fast enough, as other countries start making steel using... 

De Beers CEO sees talks on new Botswana diamond pact concluding soon

The CE of global diamonds giant De Beers, Al Cook, said that his company expected negotiations with Botswana's government over a new diamond sales pact to conclude soon. "We see negotiations... 

Gold Fields may sell smaller mines to focus on new Canadian Osisko assets

Gold Fields may look for buyers for its smaller mines in Ghana and Peru to focus on bigger operations and is hoping to make new mineral discoveries at both mines to enhance their appeal, CEO Mike... 

China's copper smelters to cut output next year on raw material shortage

Chinese copper smelters are likely to further cut production, shut down or extend maintenance to cope with a severe shortage of raw material or concentrate supply next year, participants at a... 

Miner K+S quarterly earnings hit by lower potash prices

German potash and salt miner K+S published its third quarter results on Thursday that beat revenue and core profit expectations but were weaker than a year ago following a fall in potash prices.... 

BHP set to detail copper growth plans on Chile roadshow, analysts say

BHP Group is likely to flesh out plans next week to spend at least $7-billion over the coming years to recover more metal from the world's biggest copper mine, Escondida in Chile, investors and... 

IMF urged to cash in on gold price to help poor countries hit by climate change

The International Monetary Fund (IMF) should sell 4% of its gold to help offer debt relief to low-income countries devastated by climate-related catastrophes, a study said as climate financing... 

Piedmont Lithium slashes more jobs under cost-cutting plan

US miner Piedmont Lithium has nearly halved its total workforce after completing an additional 32% reduction in October as part of an ongoing cost-cutting plan, it said on Tuesday. The company... 

Anglo American coal bidders down to three, say sources

The final bidders for Anglo American's Australian coal assets are down to Yancoal Australia, Stanmore Resources and Peabody Energy Corp, three sources with knowledge of the matter told Reuters. The... 

Suncor Energy beats Q3 profit estimates on higher production, raises dividend

Canada's Suncor Energy raised its quarterly dividend on Tuesday after the integrated oil and gas firm beat estimates for third-quarter profit, as it benefited from higher oil production and demand... 

Global CO2 emissions to hit record high in 2024, report says

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 

Higher silver supply to reduce global deficit by 4% in 2024

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 

Australia-listed Vulcan Energy gets $106m funding from German ministry

Australia's Vulcan Energy Resources said on Tuesday it had received 100-million euros ($106.42-million) in funding from the German economy ministry for its renewable energy plant in Landau,... 

India thermal coal imports fall at fastest pace in 15 months

India's imports of thermal coal plunged by about a third on an annual basis in October, according to data analytics firms Bigmint and Kpler, due to slowing power generation and higher clean energy... 

Fresnillo says operational issues at Sabinas mine affecting silver production

Precious metals miner Fresnillo said on Tuesday that the Sabinas mine, owned by Mexico's top silver miner Industrias Penoles, was experiencing operational difficulties, affecting silver... 

Chilean regulator charges Codelco smelter over emissions violation

Chile's environmental regulator has filed a charge against State-run miner Codelco over alleged emissions violations at its Potrerillos copper smelter in the Atacama region. The Superintendency of... 

Liontown Resources trims output plans for Kathleen Valley, flags cost cuts

Australia's Liontown Resources trimmed its production plans for the flagship Kathleen Valley lithium project on Monday and flagged cost cuts to adapt to low metal prices, months after producing its... 

Australian iron-ore giants' shares sink on disappointing China stimulus

Shares in Australia's iron-ore miners slumped on Monday after another round of stimulus measures by their top customer China disappointed investors who had hoped for measures that would boost... 

Resolute Mining slumps after Mali detains CEO, two other employees

Shares of Australian gold miner Resolute Mining plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government... 

China's October coal imports rise 29% year-on-year

China's coal imports rose 29% in October from a year earlier, customs data showed on Thursday, putting imports on track to notch another record high in 2024. October imports totalled 46.25-million... 

MP Materials posts smaller-than-expected loss on higher output, sales

US rare earths miner and processor MP Materials on Thursday reported a smaller-than-expected loss in the third quarter, helped by higher production and sales volumes of the strategic materials. MP... 

Iron-ore falls ahead of China unveiling fresh fiscal stimulus

Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top consumer China unveiling its keenly-watched fiscal stimulus package. The... 

Codelco touts October as best production month this year

Chile's State-run copper company Codelco registered its best production of the year in October, chairman Maximo Pacheco said on Thursday. The world's top copper miner has been struggling to lift... 

Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices

Arcadium, the lithium producer that has agreed to sell itself to Rio Tinto, posted an 82% drop in quarterly income on Thursday that missed Wall Street's expectations due to sliding prices of the... 

Australia's HESTA places MinRes on watchlist over governance woes; Moody's downgrades outlook

Australian superannuation fund HESTA said on Friday it has placed Mineral Resources on its watchlist, citing disappointment with the company's inadequate response to governance issues involving... 

Gold ETF demand turns positive for year-to-date, says WGC

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 

Barrick Gold misses profit estimates on higher costs, lower Nevada production

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 

Grindrod suspends port operations in Mozambique after border closure

Logistics company Grindrod has suspended port and terminal operations in Mozambique after South Africa temporarily closed the main border with its northeastern neighbour over safety concerns after... 

US sets stage for second oil and gas auction in Alaska refuge

The Biden administration took a key step toward holding a required sale of oil and gas leases in an Alaska wildlife refuge with the publication of a final environmental review, the Interior... 

Nutrien misses third-quarter profit estimates as lower crop prices weigh

Nutrien fell short of Wall Street expectations for third-quarter profit on Wednesday, as the fertilizer producer struggled with lower crop prices, sending US-listed shares of the company down 2.3%... 

Rio Tinto exec asks Trump Administration to speed up permitting

US President-elect Donald Trump's new administration should focus on speeding up the permitting process to ensure there is enough copper for the energy transition, said a Rio Tinto executive on... 

Commodity prices fall after Donald Trump elected US President

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 

Trump return will slow, not stop, US clean energy boom

Donald Trump's return to the White House will refocus the nation's energy policy onto maximising oil and gas production and away from fighting climate change, but the Republican win in Tuesday's...