Chinese firms speed up plans to build new coal power plants - GEM

Chinese firms are accelerating the pace at which they propose new coal-fired power plants, even as the government moves to rein in growth after the rapid expansion in recent years. Companies... 

Warning lights flash as aluminium reels from Gulf shock

The Iran war is shaping up to be one of the biggest supply shocks in the history of the aluminium market. Gulf production of the metal, which is used across sectors as diverse as transport,... 

Coking coal prices surge after China's worst coal mine disaster in 17 years

China's coking coal futures prices surged by nearly 8% to hit their daily upper limits after a deadly coal mine accident in a major coal production hub sparked a wave of stringent safety checks... 

Indonesia coal export shake-up rattles miners, traders

Indonesia's plan to route coal exports through a state firm has rattled traders and miners in the world's largest exporter over its viability, at a time when liquefied natural gas (LNG) supply... 

China cuts Japan off from some materials amid diplomatic spat

China has cut Japan off from several heavy rare earths and other materials for at least four months, coinciding with a dispute between the two countries over Taiwan, suggesting Beijing is using its... 

Mongolia's coal shipments to China surge 61% in April, overtaking Indonesia

China's coal imports from Mongolia surged 61% in April, propelling it ahead of Indonesia, which is traditionally the world's largest coal exporter and has long been China's top supplier of the... 

Zambia's Konkola reopens Chingola copper mine after 18-year shutdown

Zambia's Konkola Copper Mines resumed mining at its Chingola "B" Mine on Thursday, 18 years after operations ceased, as Africa's second-largest copper producing nation pushes to more than triple... 

Deep under China's coal basins, PetroChina is unlocking gas from rocks

Thousands of metres below its vast coal basins, China is tapping an unconventional fuel source in a multi-billion-dollar effort to unleash new supplies of natural gas and further Beijing's goal for... 

Europe must break China's grip on rare earths pricing to spur investment, sector body says

Europe must build its own pricing system for specialty metals and rare earths to reduce reliance on China and unlock investment in mining and processing, Bernd Schaefer, CEO and managing director... 

Australia's Arafura approves $1.6 billion rare earths project

Arafura Rare Earths said on Thursday it had approved the development of its $1.6-billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths... 

EU shortlists tungsten, rare earths for first stockpile to curb China reliance

The European Union has shortlisted tungsten, rare earths and gallium for its first joint stockpile of critical minerals aimed at reducing its reliance on China, three sources familiar with the... 

China says rare earth controls lawful, will cooperate with US on 'reasonable' concerns

China will work with the US on "reasonable" concerns regarding its rare earth export controls, the Ministry of Commerce said on Wednesday, in a statement that defended its restrictions as... 

Brazil proposes three-phase carbon market rollout starting 2027

Brazil's Finance Ministry on Tuesday released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, outlining which industries will be required to report... 

Indonesia to bring commodity exports under centralised control, President says

Indonesian President Prabowo Subianto said on Wednesday that his government will centralise exports of key commodities as part of efforts to boost state revenues and tighten the country's grip over... 

Barrick says no Ebola cases at Congo's Kibali mine but precautions under way

Barrick Mining has stepped up Ebola precautions at its Kibali gold mine in eastern Democratic Republic of Congo, launching worker screening and tracking measures after a nearby outbreak, a... 

Zambia State investment firm forms gold mining joint venture

Zambia's State investment firm ZCCM-IH said on Monday it had formed a joint venture with Mining Mineral Resources to explore for and mine gold, as the copper-producing African country seeks to... 

Australian energy producers say gas review falls short on supply goals

Australian Energy Producers (AEP) chairperson Cecile Wake said on Tuesday that the government's gas market review falls short of its objective to boost supply. "We must avoid the 'false choice'... 

Valterra Platinum says input inventories are healthy despite Middle East conflict

South Africa's Valterra Platinum has managed to maintain healthy inventory levels of critical operational inputs, such as diesel and lubricants, despite uncertainty created by the US-Israeli war on... 

China's aluminium output surge tests capacity and demand limits

Chinese aluminum smelters are running hot and are starting to test both capacity constraints and limitations on demand. Daily output in the world’s biggest producer hit an all-time high of 129 000... 

Ghana seeks to buy 30% of gold from miners to boost reserves, central bank

Ghana has asked large-scale gold miners to sell 30% of annual output to the central bank as part of a revamped reserve-building drive, up from 20%, a senior official told Reuters, though miners say... 

China agrees to address US concerns over rare earth shortages, says White House

China will address US concerns about shortages of certain specialty rare earths caused by Beijing's export controls, the White House said on May 17 in a factsheet outlining the major deals agreed... 

India restricts most silver imports to cut import bill, support rupee

India has curbed imports of silver in nearly all forms with immediate effect, according to a government order issued on May 16, as the world's biggest consumer of the metal seeks to rein in... 

Anglo American to sell Australian coal mines for up to $3.8bn

Anglo American said on Monday it will sell its steelmaking coal mines in Australia to UK-based miner Dhilmar for up to $3.88-billion, exiting the sector, cutting debt and streamlining assets ahead... 

Goldman says central bank gold-buying stronger than thought, to reaccelerate

Central bank demand for gold has been stronger than previously estimated and is likely to pick up again into 2026, Goldman Sachs said on Friday, after revising its model to account for gaps in... 

Foreign buyers fuel illegal mineral trade in Nigeria, watchdogs warn

LAGOS – Nigeria is losing vast mineral revenues to a web of illegal trading networks dominated by foreign buyers, shell companies and armed criminal groups, a joint government-civil society report... 

Ghana lease uncertainties threaten mining investment, mines chamber says

Ghana's mining investment climate risks being undermined by lease revocations, renewal delays and policy uncertainty, adding to cost pressures for miners, the head of the industry group has said.... 

Billionaire Chris Ellison cuts stake in Australian miner MinRes, shares down

Mineral Resources founder and billionaire Chris Ellison sold shares worth A$122.5-million in the Australian miner earlier this week, an exchange filing showed on Friday, sending its shares tumbling... 

China still drags its feet on rare earths sometimes, says Greer

Rare earth exports from China to the US are improving although Beijing is still slow to approve some shipments, US Trade Representative Jamieson Greer said on Thursday. China still drags its feet... 

India discounts soar to record high on import duty hike; China premiums firm

Gold discounts in India jumped to a record this week as a sharp import duty hike slowed demand and triggered investor selling, while investment demand kept Chinese premiums firm. Dealers in India... 

Chile taps new chair for copper miner Codelco amid production, debt concerns

Chile's government on Thursday tapped Bernardo Fontaine to replace Maximo Pacheco as chairperson of the world's largest copper producer, State-run Codelco, giving the economist and executive a key... 

Blast in coal mine in eastern India kills one, injures 11

One person was killed and 11 others injured after an air blast at an Eastern Coalfields (ECL) mine in Asansol in West Bengal state, local police said on Thursday. Around 120 workers were present in... 

Gold discounts in India breach $200/oz record amid profit-taking

Gold discounts in India widened to a record of more than $200/oz on Wednesday, as a surge in prices after the import duty hike triggered investor selling in an already weak demand environment,... 

Miner Sherritt expects filings delay after external auditor and finance chief leave

Sherritt International said on Wednesday its external auditor has resigned and finance chief has left, adding that these developments would delay first-quarter financial filings and could trigger a... 

Chinese firms warn Indonesia's nickel quotas, tax hikes threaten investment

Chinese companies operating in Indonesia are urging more business-friendly policies, warning tighter nickel ore quotas, higher taxes and a new pricing formula are driving up costs and threatening... 

BHP's China Jimblebar ore stocks hit five-month low after ban removal

Portside inventories of BHP's Jimblebar fines, a type of iron ore, in China slid to a five-month low after Beijing ended a months long dispute with the global miner, but the drawdown has not... 

EGC, EVelution Energy and Trafigura agree MoU for US–DRC cobalt supply chain

Entreprise Générale du Cobalt (EGC), EVelution Energy and Trafigura on Wednesday announced a memorandum of understanding (MoU) to set up a long-term supply framework for Congolese cobalt hydroxide... 

Equinox Gold to acquire Orla Mining to create $18.5bn gold producer

Equinox Gold said on Wednesday it would acquire Orla Mining in an all-stock deal to create a North American gold producer worth about $18.5-billion. US-listed shares of Orla Mining rose 3.4% in... 

Global oil supply to plunge below demand this year on Iran war, IEA says

Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International Energy Agency (IEA) said in its monthly oil market report on... 

India raises gold and silver tariffs to 15% to curb imports, support rupee

India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the... 

Incoming BHP CEO to consider bolt-on acquisitions for growth

Incoming BHP CEO Brandon Craig will focus on securing growth options beyond 2035 by ramping up exploration, partnering with peers and making bolt-on acquisitions where they bring value, he said in...