Mozambique pushing to keep South32 aluminium smelter open, minister says

Mozambique's government is doing "everything that is required" to make sure that South32's Mozal aluminium smelter stays open, mineral resources and energy minister Estevao Pale said on Monday. The... 

Angola's Endiama seeks to raise diamond output further after 2024 record

Angola's State-owned diamond miner Endiama is aiming to increase its output to 17-million carats by 2027 from record production of 14-million carats in 2024, a government publication showed on... 

Harmony Gold says newly acquired Australian copper mine requires two-year revamp

South African miner Harmony Gold's recently acquired CSA Copper Mine in Australia requires a capital injection and a strategic rethink which could take two years, CEO Beyers Nel said on Monday.... 

Australian lithium miner PLS rises on spodumene supply deal with China's Canmax

PLS Group said on Tuesday that it has signed a two-year offtake deal to supply 150 000 t of spodumene concentrate to Chinese lithium battery materials maker Canmax Technologies, sending shares of... 

TechMet targets up to $200m in new fundraising, CEO says

US-backed investment vehicle TechMet is looking to raise up to $200 million in additional funds as it seeks to finance critical minerals projects, CEO Brian Menell said on Monday. Privately-held... 

UK-based Phoenix Copper suspends top brass amid payment inquiry

UK-based Phoenix Copper said on Monday it had suspended its executive chairperson and finance chief with immediate effect while it investigates allegations over their conduct and past payments to a... 

US challenges Chinese control in race for African minerals

The US is using offtake deals and State-backed funding to compete in the short term with China in securing supplies of African copper, cobalt and other critical minerals, diplomats, executives and... 

Eramet's finance chief steps aside temporarily, days after CEO ouster

French miner Eramet's finance chief Abel Martins-Alexandre has stepped aside temporarily during a probe into management methods, a company spokesperson said on Friday, days after Eramet ousted its... 

Angola seeks 20%-30% stake in De Beers, senior official says

Angola is pursuing a 20% to 30% stake in Anglo American's diamond unit De Beers, a proposal being discussed with other diamond-producing African nations, a senior official from Angola's mining... 

Capstone to resume full production at Chile's Mantoverde mine as strike ends

Canada's Capstone Copper said on Friday that the largest union at its Mantoverde copper‑gold mine in Chile had approved a new three‑year labour contract, ending a strike that started on January 2... 

Rio Tinto's Australian investors applaud end to Glencore takeover talks

Australian shareholders in Rio Tinto have welcomed the mining giant's decision to end merger talks with Glencore, and said it is now up to the company to deliver on a new strategy that it has put... 

Silver tumbles, oil drops in commodity sell-off

Commodities prices slid on Thursday, led by silver, part of a broad market sell-off as investors reversed an earlier rush for hard assets after global geopolitical tensions eased. Silver tumbled... 

Rio Tinto expected to push for more time to weigh Glencore deal, sources say

Rio Tinto and Glencore are expected to announce an extension to merger talks ahead of a UK regulatory deadline on Thursday, to allow Rio more time to study the merits of any deal, three people... 

Senators push $70bn funding deal to support Trump's critical minerals push, FT reports

Senators will introduce legislation on Wednesday to reauthorize funding for the United States Export-Import Bank for the next decade, as lawmakers try to inject an extra $70-billion into the agency... 

Sigma Lithium's waste piles offer no 'imminent risk,' Brazil mining regulator says

Sigma Lithium's waste piles at a Brazilian mine offer no "imminent risk" and the country's mining regulator saw no need to shut them down during a visit last month, the agency told Reuters in a... 

Indonesian miners halt spot coal exports over proposal to cut output

Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure supplies from the world's largest exporter, industry... 

Australian miner backed by Robert Friedland expects to supply US critical minerals stockpile, CEO says

An Australian scandium project backed by mining billionaire Richard Friedland is expected to contribute to the $12-billion US critical minerals stockpile, the company's CEO told Reuters on... 

Glencore in talks to sell 40% stake in DRC mines to US-backed consortium

Glencore is in talks to sell a 40% stake in its copper and cobalt operations in the Democratic Republic of Congo to a US-backed consortium in a deal valuing the assets at about $9-billion including... 

Ghana offers levy cut as sweetener for higher gold royalty regime, lobby says

Ghana's finance minister has offered to cut a mining levy by two percentage points to help push through a new gold royalty regime that mining companies warn could deter investment, the head of the... 

Swedish miner Boliden's dividend brightens slight earnings miss

Boliden proposed a higher than expected dividend for 2025, pushing its shares 4% higher on Tuesday, even as the Swedish copper and zinc miner's fourth-quarter earnings rose less than analysts were... 

Copper's slide from record reflects reality of weak demand, rising stocks, analysts say

A near 9% drop in copper prices in the last two days reflects a return to reality for a market whose recent surge to record highs had run ahead of fundamentals, analysts said - with more losses... 

Trump launches $12bn minerals stockpile to boost US manufacturing, counter China

US President Donald Trump is set to launch a strategic critical minerals stockpile with $12-billion in seed money from the US Export-Import Bank, a Trump administration official familiar with the... 

Glencore close to appointing Citi as adviser for Rio Tinto merger talks, sources say

Swiss miner Glencore is close to engaging Citi as its lead investment bank on its potential acquisition by Rio Tinto that could create the world's largest miner worth over $200-billion, two people... 

Gold’s bull run seen intact despite steep pullback

Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal's bull run continuing and expect it to notch fresh record... 

Eldorado Gold to buy Foran Mining in $2.8bn deal to deepen copper exposure

Eldorado Gold said on Monday it would acquire Canada's Foran Mining in a deal valuing the copper-focused developer at about C$3.8-billion ($2.79-billion), adding a second near-term growth project... 

JP Morgan sees gold at $6 300/oz by year-end on robust central‑bank, investor demand

JP Morgan said late on Sunday it expects demand from central banks and investors to drive gold prices to $6 300 per ounce by year-end. Gold extended its fall on Monday to $4 677.17 per ounce, as... 

Gold, silver selloff deepens after CME hikes margins

Gold and silver extended falls on Monday after CME Group raised margin requirements following a sharp selloff in precious metals last week on US President Donald Trump's nomination of Kevin Warsh... 

Eramet board ousts CEO Paulo Castellari citing divergences

French mining group Eramet said on Sunday it had dismissed its CEO Paulo Castellari, citing disagreements on "operating methods". Chairwoman Christel Bories, who had passed the role of CEO to... 

Capstone Copper restarts Chile's Mantoverde mine while strike continues

Capstone Copper resumed operations at its Mantoverde copper and gold mine in northern Chile, even as a strike by a labor union representing nearly 22% of its workforce continued, the Canadian miner... 

China's Baowu takes control of Simandou iron-ore operator

China’s Baowu Resources, the world’s largest steelmaker, has tightened its grip on one of the biggest untapped high‑grade iron-ore deposits by taking control of the operator of Guinea's Simandou... 

More than 200 killed in coltan mine collapse in east Congo, official says

More than 200 people were killed this week in a collapse at the Rubaya coltan mine in eastern Democratic Republic of Congo, Lumumba Kambere Muyisa, spokesperson for the rebel-appointed governor of... 

Polish copper miner KGHM dismisses CEO Szydlo

Polish copper miner KGHM dismissed CEO Andrzej Szydlo and deputy CEO Piotr Stryczek on Friday, the company said in a statement, without providing a reason. As of 11:22 GMT, shares of the company... 

Madagascar lifts 16-year ban on new mining permits, excludes gold

Madagascar has lifted a 16-year moratorium on new mining permits for most minerals, the government said late on Thursday, but the suspension on gold permits will remain due to regulatory... 

Bougainville rejects Chinese partner for mine that will fund independence

The Pacific island of Bougainville has rejected a partnership with Chinese miner CMOC to reopen a gold and copper mine that was among the world's largest before it was shut by a bloody civil war,... 

Brazilian authorities find erosion at Vale unit after water overflow

Brazilian inspection teams found that Vale's Viga mine presented signs of erosion and ordered the iron-ore miner to shut its operation until further notice, Minas Gerais state government... 

UBS raises gold target to $6 200/oz, sees slight dip by year‑end

UBS on Thursday increased its gold price target to $6 200/oz for March, June and September 2026, compared with a prior forecast of $5,000, citing stronger-than-expected demand stemming from... 

PLS considers plant restart, logs 73% rise in Q2 revenue as lithium sales improve

Australian lithium producer PLS Group signalled a possible restart of a plant under care and maintenance on Friday after posting a surge in December-quarter revenue, as improving demand helped buoy... 

Copper's ascent above $14 000 creates investor dilemma

Copper's red-hot run to above $14 000 a metric ton on Thursday leaves investors facing a decision over whether or not to chase the market higher. Benchmark copper on the London Metal Exchange CMCU3... 

Gold eyes best monthly gain in over 50 years; silver breaks $120

Gold extended its record-breaking rally on Thursday and was on track for its best monthly performance since 1973, as rising economic and geopolitical uncertainties drove investors to the safe-haven... 

Copper hits record high above $14 000 as speculators pile in

Copper prices hit a record high of more than $14 000 a metric ton on Thursday, as speculators extended their buying spree, encouraged by expectations of strong demand and supported by a weak dollar...