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AngloGold quarterly profit up 58% as higher bullion prices offset lower output
AngloGold Ashanti posted a 58% increase in second-quarter profit on Friday, as higher bullion prices offset the impact of lower output. The miner said its headline earnings were $1.01-billion in...
Nickel mining in Indonesia's Raja Ampat continues despite protests, Greenpeace finds
Nickel mining operations in the United Nations Educational, Scientific and Cultural Organization- (UNESCO-)listed Raja Ampat in Indonesia's easternmost region of Papua are continuing a year after a...
Fortescue says China's CMRG actions disrupting supply stability
Iron-ore major Fortescue said on Friday the actions of China's State iron-ore buyer were undermining the stable supply of iron-ore to the country and it hoped for a swift return to normal market...
Zimbabwe half-year lithium exports up 230%
Zimbabwe exported lithium products worth $782-million in the first six months of 2026, up from $237-million during the same period last year, Finance Minister Mthuli Ncube said on Thursday. The...
Death toll rises to at least 34 after blast at Pakistan coal mine complex
An explosion buried parts of a mining complex and killed at least 34 miners in Pakistan's Balochistan province on Thursday, a Pakistani official said. A rescue operation is still underway to find...
South Korea, Chile sign five MOUs, deepen lithium and copper cooperation
South Korea and Chile signed five memorandums of understanding on Thursday, including a mineral resources partnership aimed at strengthening cooperation on lithium and copper supply chains, after a...
Trump orders restrictions on export of critical minerals scrap, White House officials say
US President Donald Trump on Thursday signed an order giving federal officials the power to block exports of old batteries and other electronic waste filled with critical minerals, part of a...
BHP Port Hedland iron-ore workers to strike August 8 and 9, if no pay deal reached
Workers at BHP Group's Port Hedland iron-ore operations in Western Australia plan to go on strike next week, unions said on Friday, threatening to disrupt the miner's $80-million of daily exports...
Anglo American first-half loss shrinks, lifts dividend as Teck merger awaits approval
Anglo American said on Thursday its first-half loss more than halved, raised its dividend and reported further progress on its sweeping restructuring and proposed merger with Teck Resources. The...
Indian miner Vedanta names Arun Misra as CEO, Q1 profit jumps
Indian metals-to-oil conglomerate Vedanta on Thursday named Arun Misra as its CEO for a one-year term starting August 1, while also reporting a 72% jump in first-quarter profit. Misra currently...
Wanblad says Anglo not exclusive with any consortium on De Beers sale
Anglo American CEO Duncan Wanblad said on Thursday the company was "not exclusive with any consortium" on the sale of its diamond unit De Beers. This follows recent media reports that the...
China generates less than half of its electricity from coal for the first time
China, the world's largest coal consumer, generated less than 50% of its electricity from the fossil fuel in the six months to June, marking a first for the country which has been promoting the use...
India's gold tariff hike boosts grey market, hurts organised trade, says WGC
India has seen a rise in unofficial gold inflows since the government raised import tariffs on the precious metal earlier this year, widening margins for grey-market operators and hurting organised...
Japan's Jogmec to invest up to $34m in Toyota Tsusho rare earth venture in Namibia
Japan Organization for Metals and Energy Security and Toyota Tsusho said on Thursday that the former will invest up to C$47.7-million ($33.9-million) in a Toyota Tsusho unit developing a heavy rare...
Energy Fuels kicks off Utah rare-earth expansion to boost US magnet supply
Miner Energy Fuels said on Wednesday that construction has begun to expand its White Mesa Mill in Utah to enable large-scale production of heavy rare-earth oxides, for use in magnets and other...
Indonesia nickel smelter group says exports still delayed by rare earth checks
Indonesia's nickel smelter group FINI said on Wednesday that exporters were still waiting for about 120 surveyor reports to be issued in order to resume shipments, despite a pledge by the...
Allied Gold's $4bn sale to China's Zijin collapses, secures $295m investment
Zijin Gold and Allied Gold have scrapped a planned C$5.5-billion ($3.90-billion) buyout of the Canadian miner, with the Chinese company instead taking a 9.2% stake for about $295-million. US-listed...
India's biggest power producer NTPC plans to invest $178bn through 2037
India's top power producer, NTPC, plans to invest about 17-trillion rupees ($177.62-billion) through fiscal 2037, aiming to nearly double its generation portfolio by 2032 en route to almost...
Commodity trader IXM expands portfolio into iron-ore, sources say
Global commodity trader IXM is expanding its portfolio into iron-ore, three people familiar with the matter said, even as near-record-low price volatility of the steelmaking ingredient cuts...
Greece's METLEN agrees to supply US company with gallium
Greek aluminum producer METLEN Energy & Metals said on Wednesday that it signed a long-term agreement to supply a US technology company with the critical mineral gallium. METLEN did not disclose...
Glencore's copper output up 15%, sees strong $3.3bn marketing earnings
Global miner Glencore said on Wednesday first-half copper production rose 15% on higher grades at key operations, while its marketing unit is expected to generate about $3.3-billion in adjusted...
Mexico to pay Vulcan Materials less than 1% of arbitration claim
Mexico's government said it will compensate Vulcan Materials less than 1% of the $1.7-billion compensation the US quarrying firm sought in international arbitration over the closure of its Mexican...
New Zealand grants first offshore petroleum permit since reversing exploration ban
New Zealand's centre-right coalition government on Wednesday granted its first petroleum exploration permit since reversing a ban on offshore exploration imposed by former Prime Minister Jacinda...
Australia's Meteoric Resources ties up with Posco for Brazil rare earths project
Australia's Meteoric Resources said on Wednesday it had signed an agreement with South Korea's Posco International to support development and financing for its Caldeira rare earths project in...
Woodside Energy tightens 2026 production outlook as quarterly revenue surges
Australia's Woodside Energy reported a 28% rise in second-quarter revenue on Wednesday and narrowed its yearly production forecast, citing strong operational performance and high reliability across...
US offers first funding for private ammonia project in Western Sahara
The US Trade and Development Agency said on Tuesday it had agreed to fund early-stage studies for a project aimed at producing ammonia in Western Sahara, marking the first US government financing...
Rio Tinto posts highest H1 earnings in four years as data centre boom boosts copper
Global diversified miner Rio Tinto posted its highest half-year underlying earnings in four years on Wednesday as performance from its copper and aluminium units tied to energy demand outshone...
US-Saudi consortium advances plans for $5bn Gulf refinery
The MERA Oil consortium of US and Saudi Arabian companies is advancing plans for a $5-billion integrated refinery and export corridor in the Gulf aimed at boosting regional energy infrastructure,...
US backs Madagascar rare earths project in push to loosen China's supply chain grip
The US is backing the Ampasindava rare earths project in Madagascar as part of its strategy to loosen the dominance of rivals in critical minerals supply chains, the State Department has said,...
BHP, Port Hedland union wage talks end without deal, more talks planned
Wage negotiations between BHP and unions representing Port Hedland workers at the miner's iron-ore operations wound up on Tuesday without agreement, with more talks scheduled over the coming week,...
Whitehaven Coal logs 2026 output at top end of guidance, sees costs at low end
Australia's Whitehaven Coal said on Tuesday its yearly output and sales landed near the top of guidance range as its Queensland mines recovered, while full-year costs were set to come in near the...
Australia plans first domestic oil refinery in 60 years to boost fuel security
Australia will consider building its first new oil refinery in more than 60 years, Prime Minister Anthony Albanese said on Tuesday, as war in the Middle East squeezes supplies from overseas and...
Citi maintains bullish copper price targets on supply pressure
Citi maintained on Monday its bullish copper price targets through the end of the year, citing tighter physical markets and supply pressure in China. The bank held its $14 500 per metric ton zero-...
Coal India misses profit view on weak volumes, higher costs
Coal India, the world's largest coal miner, missed first-quarter profit expectations on Monday, on weaker production volumes and higher costs. Here are the details from the company's earnings report:
Gold Fields files Tarkwa gold lease proposal with Ghana government
Gold Fields submitted a "lease-renewal proposal" to Ghana this month for its Tarkwa gold mine, the company said on Monday. The South African miner seeks to secure the long-term future of one of its...
Fury Gold resumes drilling at Quebec's project after wildfire halt
Fury Gold Mines said on Monday that exploration and drilling activities have resumed at the Eau Claire project in Canada's northern Quebec after a wildfire near the project halted operations. The...
Sundance Resources says it has won $616m Cameroon arbitration over iron-ore project
Sundance Resources has won an International Chamber of Commerce arbitration against Cameroon, with a tribunal awarding the Australian miner about $616-million in damages, interest and costs over a...
Indonesia seeks to resolve mineral export bottlenecks caused by rare earth content
Indonesia's presidential staff office has called for cooperation between government agencies, law enforcement officials and industry to resolve mineral shipment bottlenecks caused by a lack of...
LME aluminium stocks fall to lowest this century
Aluminium stocks on the London Metal Exchange have slumped to their lowest this century as supply constraints in the war-hit Middle East leave consumers drawing down inventories to secure metal....
Rio Tinto, Western Australia agree to sell desalination plant to Yindjibarndi WaterCo
Rio Tinto said on Monday it had agreed with the Western Australian government to sell their joint venture stakes in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo. The plant, now...
Fortescue chair calls for fair negotiations with China
Fortescue founder Andrew Forrest called for China and Australia to "always negotiate fairly," at an event in Perth on Monday, as the world's fourth-largest iron ore maker negotiates annual supply...
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