CleanTech Lithium to start Laguna Verde partner hunt after Chile contract agreement

CleanTech Lithium expects to formally launch the search for a strategic partner for its Laguna Verde lithium project after publishing a pre-feasibility study later this month, with the process... 

NUM vows to fight job cuts at Samancor smelter after energy deal

The National Union of Mineworkers (NUM) on Wednesday vowed to fight planned job cuts at ferrochrome smelter Samancor, which could affect 2 400 employees even after a more than 50% electricity price... 

Brazil regulator approves Rio Tinto, Chinalco deal for aluminum producer CBA

The general superintendency of Brazil's antitrust watchdog CADE has approved without restrictions a deal for China's Chinalco and Rio Tinto to acquire a controlling stake in aluminum maker CBA, the... 

Rio Tinto raises Q2 Japan aluminium premium offer, sources say

Rio Tinto has raised its aluminium premium offer to Japanese buyers to $350 per metric ton for April-June primary metal shipments, up 79% from the current quarter, due to fears the escalating... 

Zambia seeking global investors to help triple copper output by 2031

Zambia is courting global investors, including from the US, as it aims to more than triple its copper output to three-million metric tons by 2031, its mines minister said on Tuesday. Africa's... 

Workers at Glencore's Australia refinery plan strike after pay talks fail

Workers at Glencore's copper refinery in North Queensland plan to go on a strike after nearly a year of failed negotiations over pay and working conditions, the Australian Workers' Union (AWU) said... 

Lynas revamps deal to supply rare earths to Japan

Australia's Lynas Rare Earths has revamped its supply agreement with Japan Australia Rare Earths, securing a firm annual commitment for 5 000 tonnes of neodymium‑praseodymium, a key rare‑earth... 

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell on Tuesday after hitting an over three-year high in the prior session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about... 

Mongolia urges Rio Tinto to rewrite terms of Oyu Tolgoi copper mine, FT reports

Mongolia is seeking to renegotiate the "unfair" commercial terms of mining giant Rio Tinto's $18-billion Oyu Tolgoi copper mine, the Financial Times reported on Monday. Mongolia's Prime Minister... 

Glencore weighs Australia listing after Rio Tinto talks collapse – media report

Glencore is open to considering listing in Australia, if it proves beneficial to the company, the Australian Financial Review reported on Monday, following the collapse of merger talks with Rio... 

Ghana to introduce new gold royalty regime on Tuesday despite opposition, regulator says

Ghana will press ahead on Tuesday with a new sliding‑scale gold royalty regime that links state revenues to rising bullion prices, the head of the mining regulator has told Reuters, despite... 

Congo state gold trader targets volumes of 15 t of artisanal bullion in 2026

Democratic Republic of Congo's State-owned gold trading house plans to boost the volume of metal it sells from the country's artisanal mining sector to 15 metric tons this year, with the central... 

California lithium company to go public in $4.7bn SPAC deal

Lithium developer Controlled Thermal Resources (CTR) will go public in the US through a $4.7-billion merger with blank-check firm Plum Acquisition Corp IV, the companies said on Monday. Deals by... 

Ferrexpo flags risk from collapsed Swiss bank; shares tank

Iron-ore pellet producer Ferrexpo on Monday warned of "material negative consequences" unless it secures alternative banking arrangements after its Swiss banking partner MBaer collapsed, sending... 

Ghana looks to shift artisanal gold refining amid Dubai flight disruptions, say sources

Ghana's State-run artisanal gold exporter is preparing to shift cargoes to alternative refining hubs if flight disruptions to the United Arab Emirates persist, two sources with knowledge of the... 

Oil soars 25%, gold drops as Iran war jolts global commodity markets

Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track for a record one-day gain, while gold fell 2% as an escalating Iran war squeezed world energy supplies,... 

Iron-ore extends rally on surging energy, rising freight costs

Iron-ore futures traded at month-high prices on Monday, with Dalian iron ore rallying for the sixth consecutive session on the back of surging energy prices and freight costs amid the Iran war.... 

Iron-ore gains as China widens curbs on BHP cargoes

Iron-ore prices climbed on Friday as top consumer China's widening restrictions on buying some seaborne cargoes from major supplier BHP sparked supply concerns that outweighed falling demand. The... 

Canadian Natural Resources beats 4th quarter profit estimates on higher production

Oil and gas producer Canadian Natural Resources on Thursday posted a better-than-expected profit in the fourth quarter, as executives pointed to the company's ability to weather dramatic swings in... 

Gold Reserve, other miners receive US license to negotiate Venezuela return

Gold Reserve said on Thursday the US Treasury's Office of Foreign Assets Control has issued a 30-day licence allowing certain companies, including the miner, to negotiate with Venezuela. Shares of... 

Global economy faces inflation and growth test amid escalating conflict in Iran – Goldman

A temporary surge in oil prices to $100/bbl could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East... 

Pentagon sought fresh supply of 13 critical minerals day before Iran attack

The US military asked mining companies last Friday to help boost domestic supplies of 13 critical minerals used to ​make semiconductors, weapons and other products, a document reviewed by Reuters... 

China unveils plan to decarbonise economy but stops short of quitting coal

China on Thursday released a new economic decarbonisation plan that seeks to put its carbon intensity reduction programme back on track, mainly by relying on its booming renewable sector to limit... 

Landslide kills over 200 people at Congo's Rubaya mine, mines ministry says

More than 200 people died on Tuesday in a landslide triggered by heavy rains at the Rubaya coltan mine in eastern Democratic Republic of Congo, the country's mines ministry said on Wednesday. A... 

Belgian museum, US mining company at odds over colonial-era Congo archive

A US mining company backed by billionaires Jeff Bezos and Bill Gates is in a tangle with Belgium's AfricaMuseum over who should digitise antique maps of what is now the Democratic Republic of Congo... 

US strike on Iran 'ahead of game plan' but global markets rattled, energy prices soar

US forces continued a round-the-clock assault on Iran and Israel mounted a "broad wave" of strikes on Wednesday targeting Iranian missile sites and air defence systems in a campaign that a top... 

Rare Earths Norway says estimate of Europe's biggest deposit jumps 81%

An estimate of the mineral resources at a mine being developed by Rare Earths Norway, Europe's largest rare earth project, has soared by 81% since the last evaluation two years ago, the privately... 

Gold bulls say broader rally is intact despite investors' dash for cash

Gold's appeal as it draws support from the widening conflict in the Middle East is expected to remain intact even if some investors have favoured the dollar as their preferred safe haven, traders... 

Canada advocates buyers' alliance to tackle critical minerals supply concentration

Canada believes that the best way to address the issue of concentrated supply of critical minerals is through a production alliance or a buyers' club rather than just a price floor, Energy and... 

Miner Fresnillo posts annual profit surge, sets record dividend

Mexican precious metals miner Fresnillo reported a nearly 81% jump in annual profit on Tuesday, driven by higher precious metals prices, and proposed a record dividend. The company's final dividend... 

Rare Earths Norway says estimate of deposit, biggest in Europe, jumps 81%

An estimate of the mineral resources at a mine being developed by Rare Earths Norway, Europe's largest rare earth project, has soared by 81% since the last evaluation two years ago, the privately... 

Iron-ore wobbles as investors weigh rising freight costs against falling demand

Iron-ore prices wobbled on Tuesday, as investors weighed rising freight costs due to a widening Iran conflict, which is choking shipments via the crucial Strait of Hormuz, against falling demand... 

St George hikes resource estimate at Brazil rare earths Araxa project by 75%

Australia's St George Mining said on Monday that the estimated amount of mineral resources at its Araxa rare earths niobium project in Brazil has been upgraded by 75%. The estimate is a result of... 

BHP chair says Australia should look at gas, corporate tax cuts to lift productivity

Australia should invest in natural gas to lower energy prices, and review corporate tax levels to boost the nation's productivity over the coming years, Ross McEwan, chair of Australia's biggest... 

Aluminium price surge will depend on length of Strait of Hormuz disruption, Goldman Sachs says

Goldman Sachs said Monday the biggest risks to aluminium stem from potential disruptions to export routes and access to raw materials through the Strait of Hormuz, noting that the effect on prices... 

US struggling to de-risk Congo's 'war zone minerals' even after pact, sources say

The US has made progress in its push to prise Congo's strategic minerals from China's orbit, but conflict, contested licences and compliance demands are still slowing Washington's advance into a... 

Investor interest in Greenland's mining has increased since Trump's threats, mining minister says

Investor interest in Greenland's mining industry has increased since US President Donald Trump made repeated threats to annex the country, a senior Greenlandic official told Reuters on Monday. The... 

Iron-ore gains as freight costs rise amid Iran war; shipments fall

Iron-ore prices reversed earlier losses to trade higher on Monday, as investors shifted focus to potentially higher freight rates following the Iran conflict and falling shipments from major... 

Nigeria, AFC sign $1.3bn deal to build alumina refinery

Nigeria has signed a $1.3-billion investment deal with Africa Finance Corporation (AFC) to build an alumina refinery and fund nationwide mineral exploration, the government said late on Sunday, in... 

Ship insurers cancel war risk cover due to Iran conflict

Several marine insurers said they are cancelling war risk cover for ships due to the conflict in Iran and the Gulf. Insurers including Gard, Skuld, NorthStandard, the London P&I Club and the...