Tauron plans $919m overhaul of Siersza coal plant

Polish utility Tauron said on Wednesday it plans to redevelop its Siersza coal power plant with investments of up to 3.5-billion zlotys ($919-million), adding gas, storage and solar capacity to the... 

Argentina's Milei addresses UN as tensions rise over Falkland Islands

Argentina's President Javier Milei on Wednesday will address world leaders at the United Nations General Assembly amid escalating tensions with Britain over oil exploration around the Falkland... 

Nth Cycle inks $1bn minerals offtake with Glencore ahead of public listing

US metals refining startup Nth Cycle has signed a $1-billion offtake agreement with Glencore to supply the commodities giant with lithium and other critical minerals extracted from recycled... 

Trump says US will keep buying Canadian potash, Belarus would sell at lower price

US President Donald Trump, asked on Tuesday about a potential deal to purchase potash from Belarus, said the US would continue buying from Canada but Belarus would like to sell at a lower price.... 

BHP's Escondida mine supervisors say collective contract deal far off

Unionized supervisors at BHP's Escondida copper mine in Chile remain far from reaching a new collective contract agreement as time quickly runs out before a mandatory mediation period is set to... 

US to fund $7bn of Argentina mineral, energy projects, document shows

The US Export-Import Bank plans to fund up to $7-billion worth of critical minerals and energy projects in Argentina, according to a document seen by Reuters, as part of a push to deepen economic... 

Indonesia's nickel production curbs leave market unconvinced

Indonesia is learning that building a dominant position in the nickel market is the easy part. Leveraging its influence over supply to control prices is proving much trickier. The Southeast Asian... 

Congo plans centralised mining investment agency under US deal, sources say

Democratic Republic of Congo is preparing a one-stop agency for major mining investments as part of reforms linked to its minerals partnership with the US, aiming to cut red tape and attract more... 

Zimbabwe secures funds for key commodity gateway upgrade

Zimbabwe's government on Tuesday announced a funding agreement for the upgrade of the Chirundu border with Zambia, to reduce delays on a vital gateway connecting the central African copperbelt to... 

Botswana sharply reduces budget deficit forecast on revenue boost from central bank

Botswana now expects a much smaller budget deficit this fiscal year thanks to higher-than-expected revenue from the central bank and measures to contain spending, Finance Minister Ndaba Gaolathe... 

EV battery maker Titan to buy Australia's Global Lithium in $237m deal

Australia's Global Lithium Resources agreed on Tuesday to a nearly A$333-million ($237-million) takeover by a local unit of United Arab Emirates-based battery materials firm Titan Lithium Group,... 

Canada sees scope for France LNG partnership, Minister says

Canada could pursue an energy partnership with France involving liquefied natural gas (LNG) from its Pacific coast, Canadian Foreign Minister Anita Anand said on Monday, a day after leaders of the... 

EU to keep opposing new Arctic oil drilling, despite pressure from Norway

The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban. The EU... 

US awards $99m for geothermal drilling, technology projects

The US Department of Energy (DoE) on Monday said it selected 21 projects for up to $99-million in funding to advance geothermal energy development, a source of around-the-clock power that has... 

Canada says Philippines, ASEAN trade talks 90% complete, eyes November finish

Canada's trade minister said on Tuesday that negotiations on separate free trade agreements with the Philippines and ASEAN are more than 90% complete, with Ottawa pushing to have both deals ready... 

LNG buyers and sellers seek greater supply diversity amid Iran war

Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers... 

Canada optimistic about concluding trade talks with India by year-end, minister says

Canada is optimistic about concluding negotiations on a comprehensive economic partnership agreement (CEPA) with India by year-end, the country's Minister for International Trade said on Saturday.... 

France's Macron hails new chapter in Canada ties, eyes gas deals

President Emmanuel Macron on Sunday welcomed a new chapter in ties with Canada after the two countries agreed to forge deeper ties with the French leader saying bilateral talks were opening to see... 

China Rare Earth Group in talks to buy MP Materials shareholder Shenghe Resources, sources say

State-owned China Rare Earth Group is in talks to acquire Shenghe Resources, said two sources with knowledge of the matter, a move that would consolidate Beijing's control over the sector and give... 

Zambia's KCM signs $498m deal with Chinese firm for copper recovery plant

Vedanta's Konkola Copper Mines (KCM) has signed a $498-million deal with China's NERIN Engineering to build a copper recovery plant that will add 70 000 metric tons of annual output by extracting... 

Venezuela nears deal to move $4bn gold reserve to New York, FT says

The Venezuelan government and the opposition are close to an agreement to transfer the central bank's gold reserves, worth about $4-billion, to the Federal Reserve Bank of New York from the Bank of... 

Glencore suspends its iron-ore trading head amid legal dispute with Radiant World, Bloomberg News reports

London-listed miner Glencore has suspended its iron-ore trading head Peter Hill while it reviews its business dealings with the Singapore-based commodities trader Radiant World, Bloomberg News... 

US shale oil producer HighPeak Energy exploring sale, sources say

HighPeak Energy is exploring a sale after receiving acquisition interest, as the US oil and gas exploration and production company focused on the Permian Basin weighs its options, three people... 

US sanctions Cuban nickel reserves, military enterprises

The US imposed sanctions Thursday on 11 Cuban entities related to nickel reserves and military enterprises that it said were part of a system that enriched the elite, hurting ordinary Cubans. US... 

Shell-led LNG Canada could approve Phase 2 expansion by early October, sources say

Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The... 

India gold demand stays muted as buyers await lower prices; China premiums steady

Gold demand in India stayed subdued this week as buyers held back purchases in anticipation of lower prices, while premiums in China remained steady, supported by robust investment demand.... 

INEOS says EU's first full-scale carbon storage project to start operating

The European Union's first full-scale carbon dioxide storage is set to start operations on Friday, INEOS said in a statement. The British company's Greensand project will bury emissions beneath... 

Zimbabwe seeks $115m Afreximbank loan for State rail operator

Zimbabwe's State-owned railway company is negotiating a $115-million facility with the African Export-Import Bank (Afreximbank) to buy locomotives and wagons and expand haulage capacity, an... 

US seals big uranium investment in Niger, two years after troops left

The US government has approved up to $414-million in financing for a uranium project in Niger, according to the project's developer, in what sources described as a win for Washington two years... 

Indian utilities' August coal imports surge to 15-month high as heat boosts demand

Indian power producers' coal imports in August rose to a 15-month high as a heat-wave and lower hydropower generation boosted electricity demand, prompting utilities to turn to costly overseas... 

Botswana's mining chemicals plant gets key environmental nod

Mining chemicals importer Kemcore has been granted environmental clearance for a manufacturing plant in Botswana, paving the way for it to secure financing to build a facility to supply copper and... 

Indonesian nickel smelters group says new price formula provides operational certainty

A group representing Indonesian nickel smelters welcomed a new benchmark price formula that will reduce the price of low-grade nickel ore, which is used in the manufacturing of EV batteries, saying... 

MMG banks on supply deals to get Anglo nickel deal through

Hong Kong-listed miner MMG is willing to guarantee long-term ferronickel supplies to European customers as it seeks to rescue its acquisition of Anglo American's Brazilian nickel business from... 

Iron-ore firms on China pre-holiday restocking, demand uncertainty caps gains

Iron-ore prices rose for a second session on Thursday, as Chinese steelmakers stepped up seaborne purchases ahead of a national holiday, although shrinking steel mill margins clouded the demand... 

Chile's Codelco says restructuring plan may be delayed until end of 2026

Chilean State-owned copper giant Codelco's restructuring plan may not be ready until the end of 2026, the company told Reuters on Wednesday, signalling a delay for a much-anticipated strategy meant... 

US firm Heeney Capital to operate Venezuela gold mine, Continental seeks to enter oil project

Venezuelan authorities signed deals on Wednesday granting New York-headquartered investment firm Heeney Capital operational and export rights for a gold mine, and setting preliminary terms for US... 

China's Lygend Resources looks to raise $547m in Shenzhen share sale

Chinese nickel provider Lygend Resources & Technology said on Wednesday it has priced its proposed share sale on the Shenzhen Stock Exchange at 21.23 yuan apiece, seeking to raise 3.67-billion yuan... 

MMG banks on supply deals to get Anglo nickel deal through

Hong Kong-listed miner MMG is willing to guarantee long-term ferronickel supplies to European customers as it seeks to rescue its acquisition of Anglo American's AAL.L Brazilian nickel business... 

At least 60 killed in gold mine collapse in Sudan's West Kordofan, sources say

At least 60 people were killed in a gold mine collapse in Sudan's West Kordofan state on Sunday, three local sources told Reuters, while a local rights group said some miners could still be alive... 

South Korea puts critical minerals, energy at forefront of inaugural Central Asia summit

South Korean President Lee Jae Myung hosted the country's first summit with the leaders of five Central Asian countries on Wednesday, putting critical minerals, energy and supply-chain cooperation...