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Copper
BMI maintains copper price forecast amid tightening supply, increased demand
5th January 2026 By: Sabrina Jardim

BMI – a Fitch Solutions company – has maintained its 2026 average yearly copper price forecast at $11 000/t, as tightening supply and positive sentiment towards demand from sectors linked to the... 


The Morila gold mine
Suspected jihadists attack Mali's Morila mine
6th January 2026 By: Reuters

Suspected jihadists attacked the Morila gold mine in Mali at the weekend, burning equipment and taking seven employees hostage before releasing them, an official from the mining ministry told... 


A hard hat with the Rio Tinto logo
Glencore and Rio Tinto hold buyout talks to create $207bn mega-miner
9th January 2026 By: Reuters

Glencore and Rio Tinto, said late on Thursday they were in early buyout talks that could potentially create the world's largest mining company with a combined market value of nearly $207-billion.... 


Gold refining
Gold miner aims to retake Venezuela assets after Maduro’s fall
6th January 2026 By: Bloomberg

Gold Reserve has spent years fighting with Nicolas Maduro’s government over two gold deposits seized by Venezuela. Now, after the US captured the country’s leader on Saturday, the tiny mining... 


Coal being transported
Indonesia to set 2026 coal output quota at around 600 million tons, will adjust nickel quota, minister says
8th January 2026 By: Reuters

Indonesia may approve a coal output quota of "more or less" 600 million metric tons in 2026 and will adjust its nickel quota according to the industry's needs, Energy and Mineral Resources Minister... 


Flashback to CPM Group's Jeffrey Christian (right) being interviewed by Mining Weekly's Martin Creamer.
Long-run gold bull market expected by CPM Group of the US
8th January 2026 By: Martin Creamer

Given the state of the world politically, economically, financially and socially, the gold bull market is expected to continue in the long run, says Jeffrey Christian of New York-based CPM Group.... 


Miner walking past a coal stockpile at an operation in Indonesia
Indonesian miners can produce 25% of proposed 2026 output in Q1 while applications are assessed, local media says
5th January 2026 By: Reuters

Indonesia's mining ministry said miners could produce 25% of their proposed 2026 output in the first quarter while the government processes their annual production quota plans, local media... 


Copper Cathodes
Goldman Sachs raises first-half copper price forecast
9th January 2026 By: Reuters

Goldman Sachs raised its copper price forecast for the first half of 2026 to $12 750 a metric ton from $11 525 a ton on Thursday, citing a scarcity premium amid limited inventory coverage outside... 


Photo of Martin Creamer
Gold, platinum jewellery demand, commodity windfall make headlines
9th January 2026

Mining Weekly Editor Martin Creamer talks to us about expectations for a long-run gold bull market; platinum jewellery demand showing resilience amid market fluctuations; and how South Africa can... 


World Diamond Council VP Ronnie VanderLinden.
Diamond industry won’t see positive end to 2026 if it fails to work together, leader warns
9th January 2026 By: Martin Creamer

In Friday’s Diamond Industry Updates email to Mining Weekly, the South African Diamond Producers Organisation carries this global warning from international diamond luminary Ronnie VanderLinden:... 


De Beers CEO Al Cook
African States, business groups eyeing stake in De Beers, CEO says
8th January 2026 By: Reuters

De Beers has attracted interest from several business groups and African governments as parent Anglo American looks to offload its stake in the firm, the diamond giant's CEO told Reuters. Botswana,... 


Copper produced in Chile
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
8th January 2026 By: Reuters

Growth in the artificial intelligence and defence sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10-million metric tons annually without... 


Iron-ore being transported by rail
Iron-ore starts New Year higher on strong demand, tight supplies
5th January 2026 By: Reuters

Iron-ore futures edged higher on Monday, beginning the New Year on a firm note, supported by strong Chinese demand and ongoing supply constraints. The Dalian Commodity Exchange (DCE) and the... 


Teck's Highland Valley mine
Anglo American, Teck merger heading for EU antitrust approval
9th January 2026 By: Reuters

The proposed merger of London-listed miner Anglo American and Canada's Teck Resources is heading for antitrust clearance in Europe after EU regulators signalled the absence of competition concerns,... 


Platinum jewellery.
Platinum jewellery demand continues to show resilience amid market fluctuations
7th January 2026 By: Martin Creamer

Global platinum jewellery demand has shown notable third-quarter (Q3) resilience as consumers in key markets seek value and authenticity amid historic highs in gold prices, Platinum Guild... 


Eskom infrastructure
South Africa relaxes laws to salvage firms hit by power costs
7th January 2026 By: Bloomberg

South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply in a bid to prevent their total collapse, a move that... 


Mineworkers at the Sishen mine in South Africa
Iron-ore rallies to multi-month high on China's pledge of easing monetary policy
7th January 2026 By: Reuters

Iron-ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing's pledge of easing monetary policy this year.... 


Flashback to Steve Haggerty being interviewed by Mining Weekly.
Diamond legend Steve Haggerty has died
5th January 2026 By: Martin Creamer

Remarkable South African geoscientist Stephen Edward Haggerty, who served with distinction as a research professor at Florida International University in the US, has died aged 87. A legend in the... 


A gold bar
Morgan Stanley forecasts gold at $4 800 by the fourth quarter of 2026
6th January 2026 By: Reuters

Morgan Stanley forecast gold would hit $4 800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal... 


Copper
Copper surges to fresh record as inventories ‘locked in the US’
6th January 2026 By: Bloomberg

Copper extended a powerful rally after bursting through $13 000 a ton for the first time, as traders and investors bet on a tighter global market. Three-month futures surged as much as 2% to a... 


gold
Gold ETF inflows hit record as investors poured $89bn into the market in 2025
8th January 2026 By: Darren Parker

Global investors channelled a record $89-billion into physically-backed gold exchange-traded funds (ETFs) in 2025 as the gold price set new highs and demand for safe-haven assets intensified,... 


Kamoa-Kakula complex
Ivanhoe announces first anode production from Kamoa-Kakula copper smelter
5th January 2026 By: Sabrina Jardim

TSX-listed Ivanhoe Mines has announced that the first copper anodes were produced by Kamoa-Kakula’s on-site, state-of-the-art 500 000 t/y direct-to-blister copper smelter, in the Democratic... 


A South African coal mine
Rio Tinto said to be open to owning coal if it buys Glencore
9th January 2026 By: Bloomberg

Rio Tinto Group is open to retaining Glencore Plc’s massive coal business if merger talks between the two companies are successful, according to people familiar with the matter. The move would... 


The Twin Metals project area
Trump, Congress move to undo Biden-era ban on mining in northern Minnesota
9th January 2026 By: Reuters

The Trump administration and US Congress are launching a plan this week to overturn former President Joe Biden's mining ban in northern Minnesota and prevent future administrations from taking... 


A platinum refining operations
Jubilee receives $10m second instalment from sale of South African chrome, PGM operations
6th January 2026 By: Schalk Burger

AltX-listed Jubilee Metals Group, which is now focused on copper production in Zambia, has received the second cash instalment of $10-million from South African private mining resources group One... 


Greenland landscape
Critical Metals building pilot plant in Greenland
8th January 2026 By: Marleny Arnoldi

Nasdaq-listed Critical Metals Corporation has started construction on a multi-use storage and pilot plant facility in Qaqortoq, Greenland, which is a key enabling infrastructure project for the... 


Lithium ore in hand
Lithium Universe finds suitable US site for second lithium refinery
6th January 2026 By: Marleny Arnoldi

Senior members of ASX-listed Lithium Universe’s executive team have completed a detailed site visit to assess a proposed second lithium refinery location for the company in Brownsville, Texas, in... 


Lithium ore on a conveyor
Energy storage boom strengthens demand outlook for beaten-down lithium
5th January 2026 By: Reuters

A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply. The lithium market has been... 


Graphite
EcoGraf receives Australian tax incentive for proprietary graphite purification tech
5th January 2026 By: Sabrina Jardim

ASX-listed EcoGraf has reported that it has received a research and development tax incentive of $1.7-million from the Australian Taxation Office. The company explains that the tax incentive... 


Rare earth oxides
G7 finance ministers to meet in Washington to discuss rare earths, three sources say
6th January 2026 By: Reuters

Finance ministers from the Group of Seven nations will meet in Washington on January 12 to discuss rare earths supplies, three sources familiar with the matter said on Tuesday. One of the sources... 


The unveiling of a plaque
Magalies Water, Glencore and the Bakwena Ba Mogopa Community launch water pipeline project
8th January 2026 By: Natasha Odendaal

Magalies Water, Glencore and the Bakwena Ba Mogopa Community, along with the Rustenburg local municipality, have jointly launched Phase 1 of the Bethanie-Modikwe bulk water pipeline project. The... 


Ferrochrome smelting
Stakeholders invited to comment on Eskom’s ferrochrome NPA application
7th January 2026 By: Schalk Burger

The National Energy Regulator of South Africa (Nersa) invites members of the public to submit comments on State-owned power utility Eskom’s request for a temporary electricity price relief for... 


Tulu Kapi site layout
Kefi looks forward to high shareholder returns as Tulu Kapi construction advances
6th January 2026 By: Marleny Arnoldi

Aim-listed Kefi Gold and Copper has reached key milestones towards commissioning its Tulu Kapi project, in Ethiopia. The company expects to commission the project in late 2027 and reach full... 


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The Steel Tube Export Association of South Africa
Steel Tube Export Association of South Africa

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