China's CMOC calls on Congo to lift cobalt export ban, sources say

China's CMOC Group, the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next... 

Under attack by Trump, South Africa's Ramaphosa responds with trade deal offer

South African President Cyril Ramaphosa heads to the White House on Wednesday on a perilous mission to persuade US President Donald Trump to make deals with his country rather than scold and punish... 

Argentina approves $2.5bn Rio Tinto lithium mining project

Argentina's government on Tuesday approved a $2.5-billion lithium mining project by Anglo-Australian giant Rio Tinto, marking the first mining project under a new investment incentive regime. The... 

Trump's copper tariff threat still a lucrative bet for traders

Unusually large shipments of copper to the United States are unlikely to abate as long as the threat of tariffs hangs over the market and price premiums for the metal on US-based COMEX make deals... 

Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say

Flat fees for turning copper concentrate into metal have emerged as a potential starting point for mid-year talks between Antofagasta and Chinese smelters due to tight supplies of mined material,... 

Woodside expects global gas demand to rise by 50% from now to 2030, CEO says

Woodside Energy, Australia's top natural gas producer, expects global gas demand to increase by 50% from now to 2030, CEO Meg O'Neill said on Tuesday. "The message is very clear, consistent,... 

US-led peace talks could boost Rwandan processing of Congo minerals, sources say

Congolese minerals such as tungsten, tantalum and tin, which Kinshasa has long accused neighbouring Rwanda of illegally exploiting, could be exported legitimately to Rwanda for processing under the... 

South African rand steady ahead of budget, US meeting

South Africa's rand was steady on Tuesday, as investor focus turned towards this week's budget speech and a meeting between President Cyril Ramaphosa and his US counterpart Donald Trump. At 0811... 

Santos gets green light for A$3.6bn Narrabri gas project

Santos' A$3.6-billion Narrabri gas project in Australia can proceed, a tribunal ruled, as boosting domestic energy supply outweighed concerns the development would hurt the climate and damage... 

TotalEnergies CEO aims to lift force majeure on Mozambique LNG project

TotalEnergies will seek Mozambique's approval to lift a force majeure declaration on its $20-billion liquefied natural gas (LNG) project there and resume construction by mid-summer, Chief Executive... 

Third try at South Africa budget may point to revenue shortfall of 4.70% of GDP, say economists: Reuters poll

South Africa's National Treasury will likely announce wider budget deficit forecasts on Wednesday as it struggles to find alternative sources of revenue in the absence of stronger economic growth,... 

Gold players keep faith despite trade truce-induced correction

Gold prices have fallen almost 10% from a record high just above $3 500/oz in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish... 

Mineral Resources names next chairperson

Australia's Mineral Resources on Monday named outsider Malcolm Bundey as non-executive chair, replacing James McClements after a decade in the role and sending shares of the lithium miner down 9%... 

Guinea repossess 51 mining licences, information minister says

Guinea's military government has taken back 51 mining licences as it steps up efforts to repossess claims or concessions where operations have either not been launched or where it says permits are... 

China export curbs propel tungsten to highest since 2013

European tungsten prices surged this month to their highest in more than a decade, as traders scrambled for supplies after China imposed export curbs and reduced quotas on the metal used in... 

Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22

A Malian court hearing scheduled for Thursday on whether to put Barrick Mining's Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the... 

Guinea revokes 46 mining licences, signalling stricter oversight of major operators

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 

Kodal says Mali lithium exports blocked due to permit delays

Regulatory hurdles in Mali have left British miner Kodal Minerals unable to export more than 20,000 metric tons of lithium concentrate, its chief executive Bernard Aylward told Reuters. Kodal's... 

IEA forecasts global oil demand growth to slow to 650 000 bl/d for remainder of 2025

The International Energy Agency (IEA) on Thursday said that economic headwinds, combined with record sales of electric vehicles (EV), will reduce global oil demand growth to 650 000 bl/d for the... 

Palladium market seen moving to balance after years of deficit, says Johnson Matthey

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 

JP Morgan forecasts rise in copper, aluminium prices in second half of year

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 

China has ample cobalt despite Congo ban, conference delegates say

Chinese cobalt smelters have ample supplies of the battery-making material despite the export ban imposed by the world's top producer, the Democratic Republic of Congo, in late February, delegates... 

Ramaphosa to visit US next week to meet Trump

South African President Cyril Ramaphosa will travel to the United States on a working visit next week and will meet US President Donald Trump on May 21, Ramaphosa's office said in a statement late... 

Judge to hear Mali's request to reopen Barrick mine under new management, official says

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 

US health department to reverse federal layoffs of coal safety workers, senator says

Over 100 federal employees who screen coal miners for black lung disease and research other respiratory disease who had been terminated as part of sweeping government layoffs have had their jobs... 

Ethiopia agrees minerals, energy deals worth $1.7bn, chiefly with Chinese firms

Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a... 

TotalEnergies, BWEnergy set to decide on Namibia projects late next year, govt official says

Namibia expects a final investment decision (FID) by TotalEnergies on its Venus discovery by late next year, a senior government official said on Tuesday, even as the company pushes for incentives... 

Global cobalt market seen swinging to deficit from surplus in early 2030s

Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in a research on... 

Rio Tinto expects first iron ore shipment from Guinea's Simandou in November

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.... 

Kazatomprom obtains financing for sulphuric acid plant

Kazatomprom, the world's largest uranium producer, has agreed a financing deal with the Development Bank of Kazakhstan for construction of the Taikonur sulphuric acid plant in Turkestan, it said... 

France's Orano files lawsuit over staff detention in Niger

French uranium miner Orano said on Tuesday it had filed a lawsuit with the Niger courts over the "arbitrary arrest, illegal detention and unjust confiscation of property" involving its staff and... 

First white South Africans arrive in US as Trump claims they face discrimination

The Trump administration welcomed on Monday 59 white South Africans it granted refugee status in the US, having deemed them victims of racial discrimination, while drawing criticism from Democrats... 

Codelco and Rio Tinto ramp up efforts for Chile copper 'mining district'

Chilean copper producer Codelco and global miner Rio Tinto will jointly aim to create a copper "mining district" around their shared Nuevo Cobre project in the Atacama region of northern Chile,... 

China to strengthen control over strategic minerals exports

hina said on Monday that it will strengthen controls over the full supply chains of strategic minerals exports as part of efforts to tighten its dominant grip on materials it deems crucial to its... 

Pension fund HESTA exits Mineral Resources, citing governance concerns

Australian pension fund HESTA said on Monday it had sold its remaining stake in billionaire Chris Ellison-founded Mineral Resources, citing "serious governance concerns". The mining services... 

Cobalt Holdings plans to raise $230m in London listing

Cobalt Holdings said on Monday it plans to raise $230-million through a global offer and potentially list its shares in the London Stock Exchange, aiming to offer investors pure-play exposure to... 

Congo gold miner halts operations in tax dispute with M23 rebel administration

Twangiza Mining, a gold miner operating in the rebel-controlled South Kivu Province in the eastern Democratic Republic of Congo, said it has been ordered to suspend operations by the rebel... 

First white South Africans go to US under Trump refugee plan

The first 49 white South Africans granted refugee status for being deemed victims of racial discrimination under an offer by US President Donald Trump were flying to the US on Monday. Under Trump,... 

Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns

Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their environmental... 

US judge halts land exchange for Rio Tinto copper mine opposed by Native Americans

A US federal judge on Friday temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for a copper mine opposed by Native Americans, citing the Supreme Court's...