Australia blocks Hong Kong investor's voting rights on Northern Minerals

Australian Treasurer Jim Chalmers has barred Hong Kong-based Ying Tak from voting or transferring 361.5-million shares in Northern Minerals, the Australian rare earths miner said on Wednesday. The... 

US firm Virtus Minerals buys Congolese cobalt producer Chemaf

US firm Virtus Minerals has acquired Congolese cobalt and copper producer Chemaf, US Under Secretary of State for Economic Affairs Jacob Helberg said on Tuesday. Congo has been seeking to develop a... 

Perpetua seeks $2.7bn Exim loan for Idaho gold/antimony project

Antimony and gold miner Perpetua Resources said on Tuesday it would notify Congress of a proposed $2.7-billion loan from the US Export-Import Bank to help finance the Stibnite gold project in... 

Congo gives cobalt miners until end-April to use 2025 export quotas

Democratic Republic of Congo's mining regulator has said that miners must use all unfulfilled fourth-quarter 2025 export quotas by April 30, warning that any unused volumes after that will be... 

Coal India unit Central Mine Planning valued at $1.3bn in muted debut

Central Mine Planning & Design Institute a unit of state-run Coal India, made a tepid trading debut on Monday, pressured by broader market weakness tied to the month-long Middle East conflict and... 

South Africa considers lowering fuel levy due to Iran war, official says

South Africa's Finance Minister Enoch Godongwana is considering lowering the fuel levy to cushion the impact of the Iran war on domestic fuel prices, a senior government official told Reuters.... 

Gas majors warn Australia against taxing LNG windfall profits

Gas majors including Shell and Chevron warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as LNG prices surge amid... 

Chevron says extensive cyclone damage keeps Wheatstone LNG offline

Chevron said on Tuesday that downstream assets at its Wheatstone liquefied natural gas plant in Western Australia suffered extensive cyclone damage, leaving both production trains offline. Danny... 

Iron-ore rangebound as surging fuel costs offset high portside China stocks

Iron-ore futures prices were stuck in a tight range on Monday, as investors assessed the cost impact of elevated energy prices and a pickup in steel demand in top consumer China against high... 

US issues new Venezuela-related general licences for critical minerals

The US on Friday issued new, Venezuela-related general licenses for critical mineral investment and operations, according to the US Treasury Department. The licenses authorize "the supply of... 

Chevron says repairs to Wheatstone gas facility to take weeks

Chevron's Wheatstone liquefied natural gas facility in Western Australia is unlikely to resume full production for several weeks as it repairs damage caused by last week's tropical cyclone, the... 

LME aluminium nears four year peak after Iran attacks on Gulf smelters

Aluminium prices on the London Metal Exchange jumped 6% to close in on four-year highs on Monday after the Middle East's two largest producers of the metal sustained damage from Iranian attacks... 

US deep-sea mineral processing plant planned by Glomar, Australia's Cobalt Blue

Deep-sea mining firm Glomar Minerals and Australia's Cobalt Blue Holdings said on Monday they plan to build a US refinery to process critical minerals extracted from the bottom of the Pacific Ocean... 

Codelco logs $4.85bn pre-tax profit in 'very difficult' 2025

Chilean state-owned Codelco, the world's largest copper producer, on Friday reported a pre-tax profit of $4.85-billion in 2025. The company, which remits all its profits to the government,... 

Russia may auction off seized stake in gold producer UGC next month

A stake in Russian gold producer Uzhuralzoloto (UGC) that was seized by the state last year could be sold at auction next month, federal property management agency Rosimushchestvo said on Friday.... 

Chile's government sacks head of State miner ENAMI

The Chilean government said on Thursday that it had removed the head of state miner Enami, Ivan Mlynarz. The company advisory sent to the local securities regulator was signed by Javiera Estrada,... 

Congo, China deepen mining ties as US pushes rival minerals pact

Democratic Republic of Congo and China have signed a deal to deepen cooperation in the African nation's mining sector, Congo's government said, as global powers jockey for influence in the... 

Barrick delays Pakistan project amid Middle East conflict

Barrick Mining is extending its review of the massive Reko Diq copper-gold project in Pakistan and slowing development activity amid escalating security concerns in the South Asian country and the... 

India's iron-ore imports set to hit 7-year high in 2025/26

India's imports of iron-ore, a key raw material in steelmaking, are set to rise to a seven-year high in the fiscal year ending on March 31, driven by a shortage of high-grade ore and demand from... 

BHP's Jimblebar iron-ore stocks in China hit near two-month low after ban reprieve, traders say

Inventories of BHP's Jimblebar fines, a type of iron-ore, at some Chinese ports slid to a near two-month low after steelmakers rushed to take delivery during a one-week ban reprieve, according to... 

Woodside Energy assumes control of Beaumont ammonia facility in Texas

Australian oil and gas producer Woodside Energy said on Thursday it assumed operational control of the Beaumont New Ammonia facility in Texas following the completion of performance testing and... 

Lynas agrees potential rare earths deal with South Korea's LS Eco Energy

ustralia's Lynas Rare Earths and South Korea's LS Eco Energy said on Thursday they plan to work together to process rare earths, to help meet demand from customers scrambling to secure non-Chinese... 

Oil execs say price swings make it hard to 'drill, baby, drill'

Activity in the US oil and gas sector in the key producing states of Texas, Louisiana and New Mexico increased in the first quarter of 2026 although output was steady for now, a survey released by... 

Iron-ore rises on Australia supply disruption concerns

Iron-ore futures rose on Thursday, supported by concerns over Australian supply disruptions due to the closure of ports in the Pilbara region following a cyclone. The most-traded May iron ore... 

Albemarle starts enviro review process for lithium extraction project in Chile

Albemarle said on Wednesday that it has started the environmental review process for its first project through direct lithium extraction (DLE) in Chile. The US based company, the world's largest... 

Australian energy, uranium seen in demand post Iran crisis - IEA

Australia is a crucial source of minerals, including for nuclear power, to help stave off a bigger supply shock than the world is currently facing in energy due to the Iran war, the head of the... 

Global energy crisis deepens; efforts to plug supply gap fall short, industry execs warn

HOUSTON - The global energy crisis is deepening as emergency measures by governments worldwide have fallen short of plugging the huge shortfall in oil and gas supply caused by the US-Israeli war on... 

US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say

Oil prices above $100 a barrel would not trigger a meaningful production increase in the US unless they stay elevated for more than a quarter, shale executives said at the CERAWeek energy... 

Goldman lifts Q2 aluminum forecast to $3 200 on supply disruptions

Goldman Sachs raised its second-quarter LME aluminum average price forecast to $3 200 a tonne from $3 100, citing supply losses from Middle East disruptions and the shutdown of the Mozal smelter in... 

Australia will have floor price for critical minerals reserve, Minister says

Australia will "no doubt" have an element of a floor price in its strategic reserve for critical minerals, Resources Minister Madeleine King said on Wednesday, as the resources rich nation looks to... 

Rio Tinto expects Resolution Copper mine to open by mid-2030s

Rio Tinto aims to open Arizona's Resolution Copper mine by the mid-2030s but may need to export some of its copper concentrate due to the challenging economics of smelting in the US, a senior... 

Coal India unit's $199m IPO fully subscribed on final bidding day

Central Mine Planning & Design Institute's (CMPDIL's) $198.7-million initial public offering was fully subscribed on the final day of bidding on Tuesday, helped by large institutional investors.... 

Iran war makes second phase of LNG Canada more likely, TC Energy CEO says

The disruption to global liquefied natural gas supplies caused by the Iran war makes it more likely that a second stage of Canada's massive LNG Canada facility will be built, the CEO of Canadian... 

South Africa's gold producers stay in the shallows as prices surge

Record gold prices are pushing South Africa's beleaguered mining industry to find new ways to recover the metal that sidestep the costly deep-shaft mining of old, industry executives said. But with... 

Santos temporarily shuts Darwin LNG plant amid Mideast supply squeeze

Australia's Santos said on Tuesday it has temporarily shut its Darwin liquefied natural gas plant, interrupting exports from a newly restarted supply chain at a time when markets are tightening due... 

Additional central banks to buy gold on geopolitical risks, WGC says

Gold's role as a hedge against dedollarisation and geopolitical risk is expected to spur central banks who have been absent from the market to buy the precious metal this year, a World Gold Council... 

US needs more energy development to power AI, Google president says

The US may not be scaling energy supplies fast enough to to meet the demands of the artificial intelligence expansion, Ruth Porat, president and chief investment officer of Google parent Alphabet... 

Chevron CEO says it will take time for energy to recover from Middle East production hit

Chevron CEO Mike Wirth said he is uncertain how quickly shut-in production in the Middle East stemming from the ongoing US-Israel war with Iran will return. "It will take time to come out of... 

Oil prices have not climbed enough to cause demand destruction, US energy secretary says

Global oil prices have not climbed enough to cause demand destruction, US Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference in Houston, Texas, even as markets continued... 

Freeport-McMoRan confident in copper demand despite Iran conflict, CEO says

Freeport-McMoRan expects demand for copper for use in electrification, data centers and other high-tech areas to remain resilient despite market jitters tied to the Iran conflict, CEO Kathleen...