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... 

India to soon unveil incentives for lithium, nickel processing with $313m outlay, sources say

India's federal Ministry of Mines is expected to shortly unveil a policy with incentives to process lithium and nickel with an outlay of around 30-billion rupees ($313.48-million), according to two... 

Eramet halts Weda Bay Nickel production in Indonesia after mining quota runs out

The Indonesian unit of French miner Eramet has halted nickel ore production after a government decision to slash its 2026 mining quota by 70% compared to last year left it unable to continue... 

Zambia extends duty-free copper concentrate export duty waiver amid smelter outages

Zambia has extended the suspension of a 10% duty on copper concentrate exports to September 30, to help clear stockpiles of unprocessed material as the country's major smelters undergo extended... 

Glencore temporarily suspends Cerrejon coal mine operations over road blockades

Glencore's Cerrejon mine in Colombia, one of the world's largest open-pit coal mines, is monitoring blockades that forced it to suspend operations, it said in statements this week. The site halted... 

Australia shares climb to near one-month high as miners rally

Australian shares rose to a near one-month high on Wednesday, underpinned by commodity stocks, after mining giant BHP hit a record high, while a slower-than-expected economic growth reaffirmed... 

USA Rare Earth to invest $1.2bn in South Carolina facility to boost domestic supply

USA Rare Earth said on Tuesday it will invest $1.2-billion to build a magnet manufacturing and rare earth metals facility in South Carolina, as it expands domestic production capacity. Shares of... 

BHP explores ship biofuel blend made from cooking oil, animal fat

Australian iron-ore and copper miner BHP and Singapore's Global Centre for Maritime Decarbonisation (GCMD) have blended biofuel made from used cooking oil and waste animal fat to refuel a cargo... 

Vedanta's Zambian unit shuts copper smelter for maintenance

LUSAKA – Vedanta's Konkola Copper Mines has started a 60-day shutdown of its Nchanga smelter in Zambia for maintenance and repairs, it said on Tuesday. KCM said the repairs and maintenance are... 

Elliott takes A$1-billion stake in Australia's Northern Star, calls for strategic review

Shares in Australia's biggest gold miner Northern Star Resources jumped on Tuesday after activist investor Elliott Investment Management disclosed an over A$1-billion ($714.6-million) stake and... 

Trump signs proclamation amending tariffs on steel, aluminum and copper imports

US President Donald Trump on Monday signed a proclamation amending his Section 232 national security tariffs on some aluminum, steeland copper imports, the White House said. The proclamation... 

Barrick Mining weighs London listing as it negotiates Africa business sale, sources say

Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen... 

Tesla drops threat to scrap graphite supply deal with Australia's Syrah Resources

Australia's Syrah Resources confirmed on Monday that electric vehicle maker Tesla has withdrawn a notice of intent to end their graphite supply deal over an alleged quality default, accepting the... 

Gold approaches potential crossroads

Gold is approaching a potential turning point that could decide whether it extends this year's losses or makes a stand that could facilitate a recovery. Gold's troubles started early this year when... 

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds

Billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, a study by nonprofit watchdog Greenpeace found, despite efforts by President Luiz Inacio Lula... 

BHP electrical workers to vote on strike at key Australian iron-ore export hub

PERTH - Hundreds of iron-ore miner BHP's electrical workers at Port Hedland in Western Australia will vote on potential strike action, a union said on Friday, raising the risk of disruptions to... 

Brazil rare earths miner Viridis to sell to US, European buyers, not China, CEO says

Australian rare earths miner Viridis Mining and Minerals is in advanced discussions with potential offtake buyers in Europe and the US for its Colossus mine in Brazil's Minas Gerais state, CEO... 

Copper braces for another round of US tariff roulette, Reuters says

Another round of tariff impacts are in store for copper, a Reuters columnist reports, as the deadline for a US decision on whether to impose tariffs on refined copper imports looms at the end of... 

Canada inks first LNG supply agreement with Germany's SEFE for British Columbia project

Canada and Germany’s State-owned energy firm SEFE said on Wednesday they had reached what Canada described as its first liquefied natural gas (LNG) supply deal with a European buyer, underscoring... 

Gold prices pare losses after US inflation data

Gold trimmed losses on Thursday following the release of US April inflation data, but prices were still down for a third straight session as skepticism over a US–Iran deal clouded the interest rate... 

BlackRock sees merit in large-scale mining M&A

BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it easier to bring on large and complex projects needed for... 

AustralianSuper says possible Glencore listing on ASX would be positive

Pension fund AustralianSuper on Wednesday said if Glencore decides to list shares on the ASX, it would be "positive" for both the bourse and the Swiss-based commodities trader and miner. "If they... 

MinRes, Jiangxi Ganfeng to invest $351m in Mt Marion lithium project

Australia's Mineral Resources (MinRes) said on Tuesday it has reached a final investment decision, alongside its joint venture partner Jiangxi Ganfeng Lithium, to invest about A$490-million... 

Strong Chile earthquake shakes mining hub, but damage is minimal

A strong earthquake struck Chile's important mining region of Antofagasta on Monday afternoon, disrupting operations at some mines but ultimately sparing lives and critical infrastructure,... 

China's weak steel output, strong iron-ore imports show structural shift

The contrast between China's weak steel production but robust iron-ore imports is continuing and is starting to look like a structural shift rather than a temporary dislocation. China, which... 

Australia-India-Japan-US Quad unveil pact on critical minerals

The foreign ministers of Australia, India, Japan and the US agreed to jointly build a port in Fiji and signed pacts covering critical minerals and energy security, as they sought to inject fresh... 

Congo suspends mining activities in parts of South Kivu province

The Democratic Republic of Congo has imposed a three-month suspension of mining activities in parts of the country's South Kivu province, a mines ministry directive showed. The suspension was in... 

Ghana commits to renewing Gold Fields Tarkwa lease but rules out automatic extension

Ghana's government is committed to renewing the mining lease for Gold Fields' Tarkwa mine, it said on Monday, adding that it will subject the South African miner to fresh scrutiny of its plans... 

Landslide at Angola illegal gold mine kills 28

At least 28 people were killed when a landslide struck an illegal gold mining site in Angola's northwestern Bengo province, local authorities said, in one of the country's deadliest illegal mining...