Copper output from Chile's Codelco down 10% in March

SANTIAGO – Copper production from Chilean State-run miner Codelco fell 9.98% year-on-year in March to 110 900 metric tons, data from copper commission Cochilco showed on Tuesday. Production at... 

EGA sticks to aluminium investment plans despite Iran war

LONDON – Emirates Global Aluminium is sticking with its investment plans to increase production and recycling of the metal despite the Iran war, the company's chief marketing officer said on... 

India, Russia in advanced talks on critical minerals pact, sources say

India and Russia are in advanced talks to sign a preliminary agreement on critical minerals covering exploration, processing and technological collaboration, two sources familiar with the matter... 

CRU sees aluminium prices above $4 000/t due to Iran war

Aluminium prices are expected to be above $4 000 per metric ton between the third quarter of 2026 and the second quarter of 2027 due to a market deficit caused mainly by the Iran war, an analyst... 

Indian banks resume bullion imports after month-long halt over 3% levy, sources say

Indian banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt shipments, trade and... 

Australia's Fortescue ordered to pay $108m for damage to Indigenous group's land

An Australian court on Tuesday ordered miner Fortescue to pay A$150-million ($108-million) in compensation to an Indigenous group for cultural loss caused by iron ore mining on their land without... 

Freeport says Grasberg recovery not delayed until 2028, stands by 2027 forecast

Freeport-McMoRan said on Monday that it still expects Indonesia's Grasberg copper and gold mine to resume full production by the end of 2027, reiterating a plan outlined last month and pushing back... 

Brazilian inspectors fine Sigma Lithium for using banned waste pile

Brazilian labour inspectors have fined Sigma Lithium for depositing waste in a pile that they had shut down because it posed a "grave and imminent" risk to workers and the local community, the... 

Woodside Energy's delayed Browse LNG project expected to cost $35bn

Woodside Energy's long-delayed Browse liquefied natural gas project is now expected to cost A$48.7-billion ($35.2-billion), according to a new report commissioned by the company. The proposal to... 

China's second-quarter refined copper imports set to rise on demand pull

China's imports of refined copper are set to rise in the second quarter of this year, driven by strong demand and potentially lower domestic output because of smelter maintenance, analysts and... 

Indonesia delays plan to impose higher royalties, export duties on minerals

Indonesia has delayed plans to extract more revenue from the mining sector until it can figure out an "ideal formulation" that benefits both the government and mining firms, the country's mining... 

India, Peru likely to hold talks on free trade pact in June, diplomat says

India and Peru will probably hold the next round of talks on a proposed free trade pact next month, a senior Peruvian diplomat told Reuters, adding that a deal could be signed by the end of the... 

Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say

Rio Tinto is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the development, two industry... 

Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities

Colombia's government on Friday said it will ask miner Glencore to meet with authorities in the northern province of La Guajira as well as community representatives to discuss the closure of the... 

US copper imports this year unlikely to beat 2025 record, analysts say

Refined copper imports into the US this year are not likely to surpass the record shipments of 2025, curbed by already swelling stockpiles and a spike in logistics costs from the Iran war, analysts... 

Argentina mining chamber urges extension to investment incentives

Argentina’s flagship investment incentive scheme for large projects should be extended beyond its current 2027 deadline, the head of the country’s main mining chamber said Thursday, arguing the... 

US and South Africa hold talks on mining deals, FT reports

The US and South Africa have started preliminary discussions over potential resources deals including bilateral investments in mining, energy and infrastructure, the Financial Times reported on... 

Argentina sees lithium and copper exports at $32.7bn in ten years

Argentina expects to export $12.1-billion worth of lithium and $20.6-billion worth of copper in ten years, up from $6-billion in mining exports last year, the South American country's mining... 

BHP can't appeal UK judgment over 2015 Brazil dam collapse

BHP cannot appeal against a UK ruling that it is liable for the 2015 collapse of a dam in southeastern Brazil, London's Court of Appeal ruled on Wednesday. In November, London's High Court ruled... 

Jesuits in Britain consider divesting from Rio Tinto over environmental concerns

The Jesuits in Britain, a Catholic religious order, may sell its stake in Rio Tinto following unsuccessful engagement with the mining giant over environmental concerns in Madagascar and Guinea, its... 

EU energy ministers to discuss domestic gas drilling, document says

European Union countries' energy ministers will take the unusual step of discussing domestic natural gas production next week, as governments seek ways to limit the economic impact of the Iran war,... 

Acid shortage dominates copper economics concerns as fees tumble

As copper smelters, miners and traders gather in Hong Kong for LME Week Asia, sulphuric acid prices are shaping talks over how low copper concentrate processing fees can go. Soaring prices for the... 

Australia commits $7 billion to boost fuel stockpiles, create government reserve

Australia will spend A$10-billion ($7.22-billion) to boost its national fuel stockpiles and establish a permanent government-owned fuel reserve, Prime Minister Anthony Albanese said on Wednesday.... 

BHP CFO says new investors buying in on copper exposure, AI demand

BHP CFO Vandita Pant said on Wednesday that a new and broader set of investors were buying into the company as AI demand makes its exposure to copper more valuable. Shares in BHP, the world's... 

Lynas CEO says US, Europe rules sway buyers from Chinese rare earths

New government regulations in the US and Europe are helping to push customers to buy rare earth products from suppliers outside China, Australia's Lynas Rare Earths CEO Amanda Lacaze said on... 

Iran war gives small boost to thermal coal, further gains possible - columnist

Seaborne thermal coal prices in Asia rallied in the wake of the US and Israeli war against Iran, but the gains are modest and nowhere near the size seen during the crisis created by Russia's... 

Australia, Japan strengthen critical minerals ties

Australia and Japan have beefed up their cooperation around critical minerals amid a State visit by Japan's prime minister, with the countries providing A$1.67-billion, or $1.20 billion, in support... 

Coal India beats quarterly profit estimates, country's power demand surges

State-owned miner Coal India reported a larger-than-expected quarterly profits on April 27, driven by higher prices and a pickup in demand from customers ahead of peak summer season, as a gas... 

Yancoal-run Premier Coal mulls scaling back mining operations, warns of job cuts

Premier Coal, operated by Yancoal Australia, said on April 22 it was considering scaling back operations at its Western Australia coal mine, a move that could lead to job cuts soon, citing... 

Glencore copper output grows 19% in Q1

Glencore's first‑quarter copper production rose 19%, benefiting from improved ore grades in Africa, while its marketing division remains on track to exceed the top end of its annual earnings... 

MinRes shares surge to near two-year peak on output forecast hike

Australian miner Mineral Resources (MinRes) raised its full-year production forecast on Thursday and said costs for its Onslow iron-ore project were expected to trend towards the lower end of... 

Grupo Mexico posts Q1 profit surge to $1.7bn

Mining and transportation conglomerate Grupo Mexico on Tuesday reported a 57% profit jump in the first quarter from the same period the previous year, helped by an increase in silver and zinc... 

Vale posts 36% rise in Q1 profit on more sales, higher prices

Vale, one of the world's largest iron-ore producers, on April 28 posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from higher prices for its products,... 

Australia offers first gas exploration permits in a decade

Australia’s New South Wales opened its first new areas for gas exploration in a decade on April 29, slashing application fees from A$50 000, or $35 815, to A$1 000 in a bid to revive a domestic... 

Gold miners set to stay in Mali despite attacks, industry sources say

International mining companies are likely to keep investing in Mali, one of Africa's most resource-rich countries, even though attacks on Saturday that killed the defence minister have increased... 

China's Huayou reports first lithium salt exports from Zimbabwe

Zhejiang Huayou Cobalt has shipped Africa's first consignment of lithium sulphate from its Zimbabwe mine, two months after the country halted exports of lithium concentrates, alleging malpractice... 

China's State iron-ore buyer allows purchases of previously banned BHP portside cargoes, sources say

China's State iron-ore buyer has lifted its ban on purchases of certain BHP ore products that had piled up at ports, four sources with knowledge of the matter said on April 28. BHP Group, the... 

Ecuador signs $1.7bn mining deal with China's CMOC Group

The government of Ecuador has signed a mining contract with the local subsidiary of China's CMOC Group for the Los Cangrejos gold and copper project, Ecuador's energy ministry said on April 27,... 

Australia's Whitehaven Coal posts quarterly output rise, sees higher coal prices

Whitehaven Coal met market expectations for third-quarter production as reported on April 28, helped by its New South Wales open-cut mines, and forecast higher long-term prices for both... 

Congo launches $100m US-backed mining guard to secure sites

KINSHASA – Democratic Republic of Congo’s mines inspectorate said on Monday it had created a paramilitary mining guard to secure mining sites and mineral supply chains, as the world’s top cobalt...