Ghana's GoldBod buyers hit by funding delays, sources say

Companies licensed to buy gold for Ghana's artisanal gold marketing agency GoldBod have not been paid for up to three weeks, forcing some operators to halt purchases or borrow to stay in business... 

France's Orano expands uranium search in Botswana

Botswana has granted three new uranium prospecting licences to Orano Mining, adding to the 15 licences already held by the French state-owned company, as the southern African country seeks to... 

US refiners face historic stress test as global crisis looms, Reuters columnist says

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 

Six countries want EU talks in September on taxing windfall profits of oil companies

Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran's blockade of the Strait of Hormuz, a letter by... 

Indonesia will build trustworthy commodity exchange, chief supervisor candidate says

Indonesia's upcoming minerals and strategic commodity exchange would be built with infrastructure that can be trusted, the president's nominee to regulate commodity trading said on Monday. The... 

MMG confirms restart of operations at Las Bambas copper mine in Peru

Hong Kong-listed MMG confirmed on Monday it had restarted operations for its mine and process plant at its Las Bambas operations in Peru from August 21. Operations at the Las Bambas copper mine... 

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 

British firm offers to restart mothballed Australian manganese smelter

Natrium Redox Technologies, a green technology startup based in Britain, said on Monday it had made a firm proposal to the Tasmanian government to acquire and restart Australia's only manganese... 

Goldman says options demand could push gold beyond $4 900 forecast

Gold prices could surge past Goldman Sachs's $4 900 year-end forecast, as surging demand for bullish gold options may amplify further gains, the bank said in a note on Friday. The bank said a... 

Zinc hits four-year peak on supply fears and speculators

Prices of zinc in London hit their highest in more than four years on Friday as the accumulation of stocks in China, the world's biggest metals consumer, drove concerns about shortages elsewhere,... 

Peru aims for $33bn mining pipeline as Fujimori cuts red tape

Peruvian President Keiko Fujimori's government expects mining investments of at least $33-billion over its five-year term, the Prime Minister said on Thursday, as the major copper-producing nation... 

Canada says trade deal with US is 'very close,' more work needed

Canada and the US are "very close" to agreeing a trade deal that could help reduce months of tariffs and counter duties but more work remains to be done, a top Canadian official said on Thursday.... 

First gas from Australia's Beetaloo puts shale ambition to the test

Deep in Australia's Red Centre, gas is set to start flowing next month from the sprawling Beetaloo basin to Darwin 500 km (310 miles) north, in what developers hope kicks off the country's own... 

China July iron-ore imports slide from June as thinning steel margins curb appetite

China's iron-ore imports in July slipped by 4% from the prior month, as some domestic steelmakers began equipment maintenance amid shrinking steel margins, curbing appetite for the key steelmaking... 

Ghana's mineworkers demand release of $34.5m in trapped savings

Ghana's union of mineworkers delivered a petition to the central bank on Thursday to demand more than 380-million cedis ($34.55-million) they say they are owed and that have been frozen since a... 

Radiant World lays off staff as lenders back away, Singapore police investigates

Iron-ore trader Radiant World has laid off some operations staff as banks and counterparties retreat, cutting off the credit the Singapore-based firm needs to fund its trades, according to two... 

Coal India plans Singapore trading hub in hunt for critical mineral assets, sources say

The world's largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two... 

Mining operations in northern Chile continue despite heavy rains

Major mining operations in northern Chile continued as usual on Wednesday despite the heavy rains that hit the northern part of the South American country. President Jose Antonio Kast visited the... 

Central African Republic closes informal gold mine after collapse kills at least 49

Central African Republic authorities have ordered an artisanal gold mine near the Cameroonian border to be closed after the mines minister said 49 people had died there in a deadly collapse. Mines... 

Colombia coal output could rise 40% by 2030 with right measures, group says

Colombian coal industry association Fenalcarbon said on Wednesday the country's annual production could return to 90-million tons by 2030 if certain steps are taken, up from the group's 2026... 

Fortescue sees power sales from Pilbara green grid when demand emerges, declares lower dividend

Fortescue's green grid investment in Australia's northwest is set to provide surplus energy that it can sell to data centres as commercial demand develops, although it has yet to ink any supply... 

India's Aditya Birla Capital to enter gold loan market, targets 1 000 branches

Financial services company Aditya Birla Capital will enter India's gold loan market and plans to open about 1 000 dedicated branches over the next three years to expand its secured lending... 

Fortescue hires law firm to investigate sexual harassment allegations against senior executive

A senior executive under investigation for sexual harassment and bullying is still working at Fortescue while an inquiry is underway, the company's energy chief Gus Pichot said on Thursday.... 

Greater regulatory scrutiny no bar to mining mergers, bosses say

Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical... 

Indian steel mills face margin squeeze as global coking coal prices rise

Indian steel mills are facing mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and China and the Iran war, raise steelmaking costs, executives... 

Lundin Mining lowers 2026 copper outlook after second Chile storm

Canadian miner Lundin Mining said on Wednesday it had lowered its 2026 copper production forecast after a second severe winter storm hit its operations in Chile's Atacama region, delaying the... 

Chile's SQM beats quarterly profit estimates on higher lithium sales, prices

Chile's SQM, the world's second-largest lithium producer, beat second-quarter net profit estimates on Wednesday owing to higher prices and sales volumes. The company posted a net profit of... 

Canada's oil producers target late 2027 for Pathways carbon capture decision

Canada's biggest oil producers are targeting late 2027 for a final investment decision on their proposed six-million-tonne carbon capture and storage project, a key piece of the country's plan to... 

Australia's Whitehaven Coal posts 29% drop in annual profit, shares fall

Australia's Whitehaven Coal reported a bigger-than-expected 29% drop in annual profit on Wednesday, hurt by lower realised coal prices, sending its shares more than 4% lower even as the miner... 

Aluminium giant Rusal swings to first-half profit on higher commodity prices

Russian aluminium giant Rusal swung to a first-half adjusted net profit on Wednesday, driven by higher aluminium prices linked to heightened global volatility. The world's largest aluminium... 

Wanguo Gold to launch $701m convertible bond issue for overseas asset acquisitions

Hong Kong-listed miner Wanguo Gold Group said on Wednesday it had agreed to issue HK$5.50-billion ($701.18-million) worth of 0.75% convertible bonds maturing in 2027 to buy overseas gold mining... 

Mali gold output jumps 30% in first half, beating forecasts

Mali's industrial gold production rose about 30% in the first half of 2026, surpassing government forecasts and signaling a rebound from a difficult 2025 marked by tensions between the state and... 

Aramco and Maaden to form mineral exploration venture in Saudi Arabia

State oil giant Saudi Aramco and Saudi mining company Maaden plan to form a joint venture that will focus on mineral exploration and hard-rock mining in the kingdom, they said on Tuesday.... 

Indonesia's planned commodity exchange likely to cover palm oil, nickel, coal

Indonesia's planned exchange for "mineral and strategic commodities" will likely include palm oil, nickel and coal, a presidential spokesperson said as the government makes preparations to launch... 

Gold shows early signs of reclaiming safe-haven appeal after Iran war selloff

Gold's 9% rebound in August to around $4 400 an ounce suggests bullion is starting to regain favour with institutional investors and central banks, leaving the market better placed to extend gains... 

Chile's Codelco nears Pucobre deal as new leadership pushes partnerships, asset review

Chilean State miner Codelco is close to signing an agreement with local miner Pucobre on the Tovaku copper project in northern Chile, chairperson Bernardo Fontaine said in a television interview on... 

Glencore’s planned Australian debut draws interest as investors look past coal

Glencore could leap into top market indices within six months of listing in Australia as fund managers' copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said... 

ExxonMobil awards $1.1bn in contracts for Mozambique's Rovuma LNG project

ExxonMobil said on Monday it has awarded about $1.1-billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado. The US oil major... 

US proposes seabed mining auction off Northern Mariana Islands

The US Interior Department on Monday proposed a sale this year of deep-sea mining leases in US waters surrounding the Northern Mariana Islands, the latest step in President Donald Trump's push to... 

BHP profit tops estimates as copper powers growth, to pay highest dividend in 4 years

BHP Group reported better-than-expected full-year earnings and declared its highest annual dividend in four years, boosted by record copper prices that cemented the metal's lead over iron-ore as...