Cobalt Holdings plans to raise $230m in London listing

Cobalt Holdings said on Monday it plans to raise $230-million through a global offer and potentially list its shares in the London Stock Exchange, aiming to offer investors pure-play exposure to... 

Congo gold miner halts operations in tax dispute with M23 rebel administration

Twangiza Mining, a gold miner operating in the rebel-controlled South Kivu Province in the eastern Democratic Republic of Congo, said it has been ordered to suspend operations by the rebel... 

Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns

Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their environmental... 

US judge halts land exchange for Rio Tinto copper mine opposed by Native Americans

A US federal judge on Friday temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for a copper mine opposed by Native Americans, citing the Supreme Court's... 

China's April coal imports fall 16% year-on-year

China's coal imports fell 16% year-on-year in April, customs data showed on Friday, as weaker domestic prices made imports less profitable. Imports for the month were 37.83-million metric tons,... 

China launches campaign to crack down on critical mineral smuggling

China has launched a special campaign to crack down on the smuggling of strategic minerals as Beijing seeks to enforce export restrictions it placed on various metals used in industries ranging... 

China's export controls see April rare earth shipments tumble on month

China's exports of rare earths in April fell 15.6% from the month before after the country, which dominates global supply,announced controls on shipments of some of the critical minerals. China's... 

De Beers to shut down its lab-grown diamond jewellery brand Lightbox

De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and... 

Most LBMA refineries using gold database, the association says

Most gold refineries accredited by the London Bullion Market Association (LBMA) are now providing data to a digital platform launched in January to increase transparency in the industry, the... 

Barrick CEO says he does not know where Mali is keeping miner's confiscated gold

Barrick Mining is spending $15-million a month to keep its Mali mine running and doesn't know where Mali's government is keeping the gold it confiscated from the Canadian company, CEO Mark Bristow... 

Australian climate protesters disrupt Woodside's annual meet

Climate change protesters blew whistles and shouted on Thursday as they disrupted Australian Woodside Energy's annual general meeting, heckling CEO Meg O’Neill and forcing several suspensions.... 

Top potash producer Nutrien misses first-quarter profit estimates on lower prices

Nutrien fell short of Wall Street expectations for first-quarter profit on Wednesday, as the top potash producer was impacted by lower prices and higher energy costs. Trade tensions between the... 

US judge to rule by May 14 on Rio Tinto copper project opposed by Native Americans

A US federal judge said he will rule by May 14 on whether to block the Trump administration from transferring Arizona land to Rio Tinto and BHP to build a major copper mine opposed by Native... 

Guinea initiates process to cancel EGA's mining licence, sources say

The government of Guinea has initiated a process to withdraw Emirates Global Aluminium's mining licence in the West African nation, two people with knowledge of the matter told Reuters on... 

India eases coal supply rules to ramp up power generation capacity

India on Wednesday changed rules to allow long-term coal supply contracts for so-called independent power producers as it looks to ramp up its coal-powered plant capacity. The government also did... 

Mining convoy attacked in Mali on road to Allied Gold's Sadiola mine, sources say

A convoy transporting heavy mining equipment from the Malian capital Bamako to Allied Gold's Sadiola mine came under attack in the Kayes region over the weekend, two people familiar with the... 

Suncor reports first-quarter profit beat on refining strength

Canadian oil producer Suncor Energy reported first-quarter profit above analysts' expectations on Tuesday, as it benefited from greater refinery production and sales volumes. The upbeat results... 

Niger security forces search Orano offices and seize phones, sources say

Security forces in Niger have searched the offices of uranium miner Orano's local subsidiaries, seizing phones and equipment, two sources told Reuters on Tuesday, months after the French company... 

Prices of aerospace material tantalite hit two-year highs on Congo unrest

Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that... 

Mosaic beats first-quarter profit estimates on South America business strength

Fertilizer producer Mosaic beat Wall Street expectations for first-quarter profit on Tuesday, driven by strength in its South America business. Shares of the company rose more than 2% after the... 

Lynas CEO says company is eyeing rare earths buys in Malaysia, Brazil

Lynas Rare Earths is eyeing potential purchases of rare earths deposits in Malaysia and Brazil and plans to work with early-stage developers to help bring their mines online, its CEO Amanda Lacaze... 

Safe-haven demand lifts gold to two-week peak, focus on Fed meet

Gold prices rose to a two-week high on Tuesday, as tariff threats from US President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was... 

Fortuna eyes Guinea investments after Burkina Faso exit, CEO says

Canada's Fortuna Mining is eyeing expansion into Guinea after exiting Burkina Faso, where it faced regulatory instability and high security costs because of jihadist threats, its CEO told Reuters.... 

Gold to continue outperforming silver, Goldman Sachs says

Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price... 

Adani Enterprises fourth-quarter profit drops on coal trading weakness

India's Adani Enterprises, the flagship company of the Adani Group, reported a drop in fourth-quarter profit on Thursday, hurt by weaker performance at its coal trading division. The company's... 

US Ex-Im Bank votes to reverse ban on overseas coal lending

The board of the US Export-Import Bank unanimously voted on Thursday to reverse a years-long restriction on lending to coal projects overseas, reflecting President Donald Trump's agenda that calls... 

Anglo American shareholders approve demerger of South African unit Amplats

Global miner Anglo American said on Wednesday that shareholders have approved the demerger of its South African unit, Anglo American Platinum (Amplats), along with the company's share... 

US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals

The US is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment... 

Australia boasts rare trade surplus with US on gold frenzy

Australia has boasted its best three-month run of exports to the United States as President Donald Trump's tariff policies sparked a rush to buy gold, turning a rare US trade surplus into a... 

Northern Graphite plans to put Quebec mine on care and maintenance

Canadian miner Northern Graphite will put its Quebec plant under care and maintenance, effectively stopping production at North America's only graphite producing facility, by the end of 2025 if the... 

Albemarle CEO says 'math doesn't work' for US lithium refinery project

Albemarle's stalled plans to build the largest US lithium refinery remain on hold due to the ongoing global glut of the battery metal that has dragged down market prices, the company's CEO told... 

Ghana secures deal with nine more gold miners to buy 20% of their output

Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase programme meant to... 

China's Zijin Mining eyes gold unit spin-off and listing

China's Zijin Mining said on Wednesday it plans to spin off its unit, Zijin Gold International, and list it on the Hong Kong bourse as part of a reorganization of its overseas gold assets. This... 

Record gold prices help keep China's copper smelters going despite losses

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 

Zambia copper production up 30% year on year in the first quarter, minister says

Zambia's copper production was up about 30% on the previous year in the first quarter of 2025, reaching roughly 224 000 metric tons from around 173 000 metric tons in the first quarter of 2024,... 

American Battery Technology receives $900m loan interest for lithium mine project

American Battery Technology said on Tuesday it has received a letter of interest from the US Export-Import Bank (EXIM) for $900-million in financing to support the construction of its Nevada-based... 

Vale checking alternatives for nickel assets amid challenging scenario

Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term... 

Billionaire investor John Paulson sees gold near $5 000 by 2028

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 

Belgium open to bigger role in Congo minerals sector, foreign minister says

Belgium is open to deeper involvement in Democratic Republic of Congo's minerals sector, its foreign minister said on a visit to the former Belgian colony, which is seeking to diversify its... 

Burkina Faso to nationalise more industrial mines, PM says

Burkina Faso plans to take control of more foreign-owned industrial mines, the country's prime minister said, as the West African country seeks a bigger share of revenue from its national...