India seeks to cut power sector coal imports by 30% this year, sources say

India, the world's second-largest importer of thermal coal, wants to cut those imports for power plants by at least 30%, asking them to test increased blending with domestic coal, government and... 

Ecuadorean lawmakers pass reform geared at driving mining investment

Ecuador's National Assembly on Thursday approved reforms proposed by President Daniel Noboa aimed at boosting the nation's mining sector, but that have been criticised by environmentalists and... 

MP Materials swings to Q4 profit on US government price support

Rare earths company MP Materials swung to a fourth-quarter profit, it said Thursday, exceeding analysts' expectations, driven by its price support agreement with the US government and sale of... 

Eagle Nuclear Energy begins trading post SPAC merger

Eagle Nuclear Energy's shares rose 14.6% in afternoon trade on Wednesday after the uranium exploration company began trading on Nasdaq following its merger with the blank-check firm, Spring Valley... 

Chile readies two fresh lithium contracts

Chile's mining ministry is preparing two new lithium contracts for submission to the national comptroller in March, advancing efforts to expand production beyond the projects initially submitted... 

Lynas posts best interim profit in three years, still misses estimates

Australia's Lynas Rare Earths reported its best first-half profit in three years on Thursday, helped by higher sales volumes and elevated commodity prices. Beijing's easing of export controls has... 

Ghana targets 127 t of artisanal gold annually under sweeping reforms

Ghana plans to channel about 127 metric tons of gold per year from artisanal and small‑scale mining (ASM) into official trade under revised sector reforms to boost foreign-exchange earnings and... 

China's lithium price soars after Zimbabwe suspends export

China's lithium price surged on Thursday after Zimbabwe suspended raw mineral exports, sparking concerns over supply disruptions, at a time when growing energy storage demand is projected to drive... 

Angola's national oil company wants to diversify into critical minerals

Angolan State-owned oil company Sonangol said on Wednesday that it wanted to diversify into critical minerals as it reported lower net profit last year. Sonangol made net profit of more than... 

Zimbabwe bans exports of all raw minerals and lithium concentrates

Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, its mines ministry said in a statement on Wednesday. The ministry said the ban on exports would... 

Newmont to invest $800m in Argentina's Cerro Negro

Gold producer Newmont will invest approximately $800-million in Argentina's Cerro Negro mine, the country's Economy Minister, Luis Caputo, said on Tuesday. The investment will be used to restart... 

LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows

outh Korea's LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419-million, in Australian lithium producer Liontown in a block trade, according to a term sheet. The South... 

New US tariffs come in at lower 10% rate

The US imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by US Customs and Border Protection said, the rate initially announced by President... 

Woodside's annual profit beats forecasts on strong output, shares hit 18-month high

Oil and gas producer Woodside Energy posted a smaller-than-expected fall in annual profit on Tuesday, as higher production softened the blow from weaker realised prices, sending shares up to a... 

Australia monitors China iron-ore talks for potential hit to budget

Australia is closely watching talks between iron-ore majors and China's state-backed buyer because of the potential impact a lower ore price would have on the federal budget, the country's... 

Congo replaces Gecamines leadership amid minerals talks with US

The Democratic Republic of Congo’s president has replaced the board chair and chief executive of state miner Gecamines, the government said on Monday, a major shake-up that comes at a time when... 

India, Brazil sign mining pact as Modi targets $20bn trade in five years

India moved to deepen trade ties with Brazil on Saturday, signing a pact to expand cooperation in mining and minerals as it seeks to meet rising domestic steel demand and support capacity expansion... 

Uganda wants to link new railway line to Tanzania, opening up new export route

Uganda wants to link a new railway line it is building to one under construction in neighbouring Tanzania, a government document seen by Reuters showed, potentially opening up a new export route... 

Sasol half-year profit down 34% on lower oil, chemical prices

South African petrochemical firm Sasol on Monday reported a 34% drop in half-year profit, mainly due to lower oil and chemical prices. Sasol's headline earnings per share was R9.27 in the six... 

Mineral Resources swings to interim profit on stronger Onslow output, lithium rebound

Australia’s Mineral Resources reported stronger‑than‑expected interim earnings on Friday, buoyed by steady nameplate‑capacity output from its flagship Onslow Iron project and a rebound in lithium... 

Century's Iceland aluminium smelter to return sooner than expected

US aluminium producer Century Aluminum said on Thursday that repairs would allow the shuttered capacity at its Grundartangi smelter in Iceland to restart by the end of April, around six months... 

Imerys freezes UK lithium project to focus on France

Imerys has frozen its project to develop lithium production in Britain to focus on a more advanced venture in France, the minerals group said on Thursday. The Imerys British Lithium project in... 

Five miners presumed dead after mudslide in South African diamond mine

Five diamond miners missing since Tuesday following a mudslide deep underground are presumed dead, South Africa's mining minister said on Friday after assessing rescue efforts. Gwede Mantashe told... 

Nutrien expects higher potash demand despite tough conditions for farmers

op world potash producer Nutrien expects increased demand for the crop nutrient in 2026 despite farmers cutting back on phosphate fertilizer and facing low returns. On its fourth-quarter financial... 

Santos signs gas supply agreement for Whyalla Steelworks

Australia's Santos said on Friday it has signed an agreement with the South Australian government to supply 20 petajoules (PJ) of gas annually over 10 years to help transform Whyalla Steelworks... 

Eramet plans capital increase, asset sales after dire year

French mining group Eramet will launch a €500-million capital increase and consider selling stakes in some activities in 2026 after a slump in earnings and a jump in debt last year, it said on... 

Congo offers tantalum deposit under M23 control to US in minerals pact, document shows

The Democratic Republic of Congo added the rebel-held Rubaya coltan mine, one of the world's richest tantalum deposits, to a shortlist of strategic assets it is offering to the US under a minerals... 

Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow

Rio Tinto on Thursday reported flat annual earnings that missed expectations as weaker iron-ore prices weighed on its core business, while stronger copper prices and higher output helped limit the... 

Whitehaven Coal posts surprise first-half loss on weaker prices, shares fall

Australia's Whitehaven Coal posted a surprise first-half loss on Thursday, pressured by weaker realised prices that offset robust production across its major operations, sending its shares down... 

PLS to restart Western Australia plant, swings to first-half profit

Australian lithium miner PLS swung to a first‑half profit on Thursday and said it will restart production at its Ngungaju plant in Western Australia in July, restoring about 200 000 t of annual... 

Sumitomo's Madagascar project Ambatovy remains shut due to cyclone damage

Japan's Sumitomo Corp said on Wednesday that its Ambatovy nickel and cobalt project in Madagascar remains shut after Tropical Cyclone Gezani struck the island last week, causing damage to... 

Alcoa forced to pay A$55m after illegally clearing Australian native forest

US aluminium company Alcoa will pay A$55-million to remediate native forest it illegally cleared in Western Australia in order to mine bauxite, Australia’s environment ministry said on Wednesday.... 

Santos to cut 10% jobs as growth projects near end, annual profit misses estimates

Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday, hurt by weak commodity prices, and said it would reduce its headcount by about 10% as... 

Mexico and Canada plan joint action on minerals, infrastructure

Mexico and Canada will present a joint action plan on minerals, infrastructure, and supply chains in the second half of the year, Mexico's Economy Minister Marcelo Ebrard said on Monday after... 

Antofagasta profit jumps 52% on record copper prices

Chilean miner Antofagasta posted a 52% jump in annual core profit on Tuesday, as record copper prices offset slightly weaker output, and said its increased capital spending would support production... 

Trump's new ambassador Bozell arrives in South Africa amid strained ties

US President Donald Trump's pick for ambassador to South Africa, conservative activist and writer Leo Brent Bozell III, has arrived in the country where he will seek to improve fraught ties between... 

Zambia mine regulator lifts suspension of operations at Mopani's Mufulira mine

Zambia's mining regulator said on Monday that underground operations at Mopani Copper Mines' Mufulira mine could resume immediately, after new safety measures were implemented. The Minerals... 

Australian gas producer Santos wins court fight over net zero claims

An Australian court on Tuesday threw out a lawsuit against gas producer Santos that alleged the company misled the public on its plans to achieve net zero carbon emissions. The lawsuit was... 

Liberia sees iron-ore output tripling to 30Mt on ArcelorMittal expansion

Liberia expects iron-ore output to triple to around 30-million metric tons this year, driven by ArcelorMittal Liberia's (AML) planned ramp‑up and fresh volumes from new and revived projects, the... 

Trafigura's Nyrstar ships first antimony batch from Australia plant

Trafigura unit Nyrstar has shipped its first consignment of commercial-grade antimony from its Port Pirie metals processing facility in South Australia, it said on Monday, a milestone in the...