Libya's NOC signs production-sharing deals with foreign firms after licensing round

Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its... 

Swedish mining group LKAB gets permit for fossil-free iron sponge plant

Swedish mining group LKAB has received approval from a Swedish environmental court for its plan to build a fossil-free sponge iron plant at its Malmberget site in Gallivare, the court said on... 

Australian LNG shipments may be disrupted amid prolonged strike at Ichthys operation

Australia's Offshore Alliance plans to extend until July 6 action that could disrupt liquefied natural gas (LNG) shipments, it said on Monday, after a tribunal rejected plant operator Inpex's bid... 

Australian mining shares boosted by US, Iran preliminary peace deal

Australian shares extended gains on Monday as the US and Iran agreed to a preliminary peace deal, while oil prices tumbled, sending energy stocks lower, with Woodside Energy falling after denying... 

Australia's Woodside Energy unaware of any proposal involving Exxon Mobil

Australia's Woodside Energy said on Monday it was not aware of any proposal involving US major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent... 

Zimbabwe's State gold miner plans to double output by 2029 as expansion projects take off

Zimbabwe's State-owned gold mining company Mutapa Gold Resources plans to double its annual output to 220 000 oz by 2029 after securing funding for an expansion project, according to production... 

Canada oil outages, bad weather to tighten inventories at key US storage hub 

Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub in... 

Vale's top shareholder pushes for meeting on chair's removal

Brazil's Vale, one of the world's largest iron-ore producers, said on Thursday it received a request from its top shareholder, pension fund Previ, for a shareholders' meeting to vote on the removal... 

India explores Russian coking coal assets, more nickel supplies, sources say

India's State-owned Steel Authority of India (SAIL) and NMDC are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian... 

Madagascan miner Ambatovy resumes nickel production after cyclone

Madagascan miner Ambatovy plans to produce 2 500 metric tons of nickel in June as it is restarting production after a cyclone hit it in February, the company told Reuters on Thursday. Cobalt... 

Alcoa flags lower Australian alumina shipments after cyclone

US-based bauxite, alumina, and aluminum producer Alcoa Corporation expects shipments from its Pinjarra alumina refinery in Australia to fall by around 120 000t in the second quarter compared to the... 

BHP electrical workers vote ‘yes’ to strike at key Australian iron-ore export hub

Hundreds of iron-ore miner BHP’s electrical workers at Port Hedland, in Western Australia, have voted in favour of taking strike action, a union said on Thursday. The Electrical Trades Union said... 

Japan gov backs new Shin-Etsu rare earth refinery build amid China's export control

Japanese rare earth magnet manufacturer Shin-Etsu Chemical plans to build a new rare earth refining facility in Fukui prefecture in western Japan to strengthen its supply chain, a spokesperson... 

Gold output in Côte d'Ivoire set to climb in 2026 as mines expand

Côte d'Ivoire's gold output is expected to reach 62 metric tons in 2026, up from 59.33 tons in 2025, as established mines expand operations, the West African country's director general of mines... 

Iron-ore remains unaffected by Iran war, but China's May data baffles

Iron-ore is the one major commodity that is sailing unaffected through the storm created by the US/Israeli war on Iran, but the relative calm masks shifting dynamics for the key steel raw... 

Elliott raises heat on Australia's Northern Star for board overhaul, sales

Activist investor Elliott Investment Management late on Wednesday called on Australia's largest gold miner Northern Star Resources to immediately restore shareholder value by changing its board and... 

China's control over indium phosphide exports threatens AI data centre rollout

Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Anderson was on a plane with a US business delegation... 

Venezuela deploys troops against illegal miners in key gold belt

Venezuela has deployed troops to target illegal groups controlling key gold deposits, according to local residents and human rights activists, as the government seeks to attract foreign investment... 

Vale's AI-powered plant in Minas Gerais boosts productivity by 25%

Brazilian miner Vale inaugurated its first high-tech processing plant using AI after modernizing a facility in Minas Gerais State, the company said on Wednesday, achieving a 25% productivity gain... 

India considering Canada as potential crude oil supplier, envoy says

India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country's newer... 

Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'

Canadian integrated oil and natural gas company Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed one-million barrel-per-day pipeline to British Columbia's Pacific coast cannot be... 

Australian gov provides another $74m for Nyrstar smelter modernisation

The Australian government will provide a further A$105-million ($73.68-million) to support Nyrstar Australia in progressing modernisation studies at its South Australian and Tasmanian smelting... 

Australia's Develop Global bags $400 million funding, supply deals from Trafigura

Australian diversified miner Develop Global said on Wednesday it had secured a $400-million financing package and supply agreements from commodities trader Trafigura for its Sulphur Springs... 

South Africa proposes extending auto incentives to battery materials

South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains. The... 

Mali gold revenue rises 6.4% in 2025 despite production decline

Gold mining companies operating in Mali paid the state a record 888.5-billion CFA francs ($1.57-billion) in 2025, up 6.4% from 835.1 billion CFA francs the year before, as record gold prices offset... 

Antofagasta to invest $909m to extend Chile's Zaldivar mine life

London-based Chilean multinational conglomerate Antofagasta Minerals announced more than $900-million in planned investment to extend the lifespan of its Zaldivar copper mine in northern Chile... 

Sumitomo finances Ambatovy stake sale to exit project, sources say

Sumitomo Corp provided financing to the buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing its exit from the loss-making project, three sources familiar with the matter... 

Top iron-ore miners seek Canberra's help in price fight with China

Major miners and their lobbyists have asked Canberra for help in pushing back against China's efforts to extract better terms for their iron-ore, including raising the prospect of a single selling... 

Zambia's ZCCM-IH partners with Chinese firm to build 600 MW coal plant

Zambia's ZCCM Investments Holdings has agreed a deal with Chinese-owned Wonderful Group Services to build a 600 MW coal-fired power station at an estimated cost of nearly $452-million, the... 

United States' $800m coal support raises pollution concern

US President Donald Trump said on Thursday he is directing hundreds of millions of dollars to support US coal power plants and to ship the carbon-intensive fuel to Asia, with most of the funding... 

Russian Platinum plans November launch of Arctic mine

Russian Platinum plans to start production at its Arctic polymetallic project in November, the company’s owner said on Thursday. Currently only metals giant Nornickel produces platinum group... 

Orla Mining says Mexico blockade to be lifted after labour ruling

Canadian miner Orla Mining said on Thursday a worker blockade that has halted operations at its Mexican mine since June 1 is expected to be lifted later in the day after federal labour authorities... 

Mozambique tightens grip on mining with 15% state stake rule, local processing

Mozambique's President Daniel Chapo has signed a new law requiring 15% State ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for... 

Vedanta confirms no penalties imposed from searches by Indian financial crime-fighting agency

India's financial crime-fighting agency has not imposed any penalty or restriction following searches conducted at Vedanta's premises, the company said on Thursday. The Economic Times reported on... 

US emerging miner Sunshine Silver raises $270m in NYSE initial public offering

US silver miner Sunshine Silver Mining & Refining ​Company raised $270-million in its initial public offering (IPO) on NYSE om Wednesday, joining a growing number of companies rushing to seize... 

USA Rare Earth secures $1.6bn US funding

USA Rare Earth said on Wednesday it has signed agreements with the US Department of Commerce giving it access to up to $1.6-billion in funding under the CHIPS Act, to support its plans to build a... 

LNG prices could go higher in significant volatility, Uniper executive says

Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European... 

Chile's Codelco copper giant names Jorge Gomez as new CEO

Chile's embattled State copper giant Codelco named Jorge Gomez as its new CEO on Wednesday as the company continues to deal with fallout following a scandal over inflated production figures. In a... 

Trump plans $700 million in new coal support, White House official says

US President Donald Trump is planning to use Cold War-era national defence powers to send nearly $700-million to support coal facilities, according to a White House official. Trump could announce... 

Iron-ore posts biggest daily loss in nearly two months on China demand worries

Iron-ore prices slid on Thursday to record their biggest daily losses in nearly two months, weighed down by rising concerns about demand in top consumer China as steel margins shrink and steel...