Gold bulls set sights on previously dismissed record $3 000/oz milestone

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US... 

Britain's approval for new coal mine unlawful, court rules

Britain's approval of its first new deep coal mine in decades was unlawful, London's High Court ruled on Friday following a legal challenge brought by environmental campaigners. Friends of the... 

Aclara Resources aims to speed up start date for Brazil rare earths deposit

Miner Aclara Resources plans to request a key environmental permit to develop a rare earths deposit in Brazil early next year with the aim of starting production in 2027, two years earlier than... 

First Quantum expects feasibility studies for Peru mine by 2028, manager says

Canadian miner First Quantum Minerals expects updated drilling results for its Peru copper project La Granja in the second half of next year, and feasibility studies by 2028, project development... 

Vale expects research, innovation investments to top $400m in coming years

Brazilian miner Vale expects to invest more than $400-million in research, development and innovation (RD&I) annually in the coming years, the firm's executive vice president of technical affairs... 

Codelco seals early union deals at El Teniente and Ministro Hales

Chile's state copper miner Codelco said on Wednesday it reached early contract agreements with unions at its major El Teniente complex, as well as the Ministro Hales division. Union negotiations... 

Copper output at Chile's Codelco slips nearly 11% in July

Copper output from Chilean state miner Codelco fell 10.7% in July from a year earlier, copper commission Cochilco said on Wednesday, as the world's largest copper company grapples to halt a decline... 

Pilbara eyes low-cost lithium with Latin Resources project in Brazil

Australian lithium miner Pilbara Minerals expects the planned Salinas Lithium Project in Brazil, which it is taking over through its acquisition of Latin Resources, to become a low cost operation... 

Peru copper output this year forecast below expectations, deputy minister says

Copper production in Peru, the world's No. 3 producer of the key industrial metal, will likely fall short of a government goal of three-million metric tons this year, a top mining official said on... 

Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court

A Native American group on Wednesday asked the US Supreme Court to block Rio Tinto and BHP from gaining access to Arizona land needed to build one of the world's largest copper mines, a last-ditch... 

Putin says Russia should consider restricting exports of uranium, titanium and nickel

Russian President Vladimir Putin said on Wednesday that Moscow should consider limiting exports of uranium, titanium and nickel in retaliation against the West. "Please take a look at some of the... 

BHP sees Brazil as major potash market for new project in Canada

Australian mining giant BHP expects Brazil to become one of the three largest markets for the major potash project it is developing in Canada, the company's local head told Reuters on Tuesday.... 

Vale bumps up 2024 iron-ore production forecast

razilian miner Vale said on Wednesday it expects to produce between 323-million and 330-million metric tons of iron-ore in 2024, raising a previous forecast of 310-million to 320-million. The... 

EU asks Australia to make foreign investment easier, eyes critical minerals

The European Union would like Australia to make foreign investment easier, its ambassador in Canberra said on Wednesday, as the bloc looks to diversify its supply chain for critical minerals.... 

Australian lithium miners rally on report that China's CATL suspends lithium mines

Shares in Australian lithium miners including Pilbara Minerals and Mineral Resources surged more than 10% on Wednesday after a report that Chinese EV battery maker CATLhas suspended two lepidolite... 

Australia's Global Lithium to revamp operations amid lithium downturn

Australia's Global Lithium Resources fell more than 13% to hit a record low on Tuesday as it said it will implement corporate and operational changes due to a likely protracted downturn in the... 

China has more than 1bn t/y of new coal mines in pipeline, report says

China accounts for more than half of the world's pipeline of new coal mines, risking a significant increase in methane emissions, a new study published on Tuesday showed. China is developing... 

Anglo American hired advisers to sell two nickel mines in Brazil, says country head

Anglo American hired financial advisers to sell two nickel mines in Brazil, the miner's country head, Ana Sanches, told journalists on Monday. At an event in Belo Horizonte, Sanches said the... 

Syrah Resources' losses deepen as China glut hits graphite demand

Syrah Resources on Monday posted a wider half-year loss after its graphite production and sales plunged amid a glut in major market China. The Australian miner's half-year loss widened to... 

Vale, BHP, Samarco could close $18bn deal over Brazil dam collapse

Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100-billion reais ($17.87-billion) for the collapse... 

China lodges WTO complaint over Canada’s EV and metal tariffs

China will take Canada to the World Trade Organization to challenge Ottawa’s decision to impose new tariffs of up to 100% on Chinese-made electric vehicles, steel and aluminum. The Ministry of... 

Woodside raises $2bn in bonds amid rising investor worries over capex plans

Australia's Woodside Energy raised $2-billion in the US bond market, it said on Friday, driving it shares lower on growing worries over the oil and gas producer's capital expenditure plans. The... 

Codelco buys Enami's 10% stake in Teck's Quebrada Blanca mine

Chilean State-run miner Codelco has purchased Enami's 10% stake in Teck's Quebrada Blanca mine in northern Chile for $520-million, it said on Thursday. The deal will contribute 25,000 to 30 000... 

Piedmont Lithium pulls US government loan application as prices slump

Piedmont Lithium has pulled its application for a debt package from a popular US government loan program and is scaling back ambitious expansion plans across two continents, as tumbling prices of... 

Chile's top court rejects Tianqi appeal to halt SQM-Codelco deal

Chile's Supreme Court rejected Chinese firm Tianqi's appeal to halt a lithium deal between SQM and State-run Codelco, local newspaper La Tercera reported on Wednesday. Tianqi has argued that the... 

Zimbabwe turns to private firms to boost freight rail volumes

Zimbabwe's State-owned railway operator has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after... 

Liberia conditionally lifts shutdown order on China Union iron-ore Bong Mines

Liberia conditionally lifted a shutdown order on China Union's iron ore Bong Mines, the government said in a statement on Wednesday. The West African country's Environmental Protection Agency (EPA)... 

Santos CFO change throws spotlight on top job succession

Australian energy giant Santos has appointed former Woodside and Newcrest senior executive Sherry Duhe as its finance chief, the company said on Thursday amid rising market speculation about a... 

France's Orano selects Tennessee site to build uranium enrichment plant

France's state-owned nuclear fuel company Orano has selected Oak Ridge, Tennessee as a preferred site to build a multi-billion dollar US uranium enrichment plant, Tennessee and Orano officials... 

Russia launches major zinc concentrate plant after delays linked to fire, US sanctions

Russia's new Ozernoye plant, located next to the country's largest zinc mine, launched zinc concentrate production on Wednesday, the company said, after delays caused by a 2023 fire and US... 

Glencore's Peru boss Soyer to step down after Volcan sale, sources say

lencore's head of Peruvian operations is stepping down from her position, according to two sources with knowledge of the matter. Victoria Soyer Toche, the general manager at Glencore Peru, has... 

Goldman slashes copper forecast on softening Chinese demand

China’s increasingly disappointing economic recovery will delay an expected rally in copper, said Goldman Sachs Group as it slashed its forecast for next year by almost $5 000/t. The sharp drop in... 

GM delays additional $330m investment in Thacker Pass, Lithium Americas says

Lithium Americas said on Friday automaker General Motors (GM) has delayed the second tranche of investment, worth $330-million, in the miner until the end of the year. GM had announced an... 

Canada rail union launches court challenge to back-to-work order

The union representing workers at Canada's two main rail companies said on Friday it had filed four court challenges against a ruling by the country's industrial labor board that forced them back... 

Congo seeks new buyers for gold mined in eastern provinces

Democratic Republic of Congo is looking for new buyers of gold from its eastern territories after taking full control of Primera Gold which had an exclusive contract to buy and sell gold mined in... 

Liberia closes China Union's Bong Mines for violations, regulator says

Liberia's Environmental Protection Agency shut down on Wednesday the operations of China Union's iron-ore Bong Mines for violating several environmental regulations, the regulatory agency said on... 

South Africa getting to grips with economic reforms, central bank governor says

South Africa is getting to grips with reforms that could lift its economic potential, its central-bank governor said on Thursday, adding that success tackling a longstanding power crisis could spur... 

Ghana to launch 'monster mines' to boost gold production

Africa's top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350 000 oz, the head of its... 

Botswana's ODC seeks $300m in loans for diamond purchases

Botswana's State-owned Okavango Diamond Company (ODC) seeks a $300-million credit facility from local banks to support larger volumes of diamond purchases, Finance Minister Peggy Serame said on... 

Biden administration finalises solar lands plan, touts permitting progress

US President Joe Biden's administration said on Thursday it had finalized a plan to expand solar energy on federal lands in 11 western states, part of a broader push to speed the permitting and...