BHP's Slattery says Australia must cut red tape, power costs, to compete

BHP's head of Australia, Geraldine Slattery, said on Wednesday the country must speed up environmental approvals and boost access to cheap power if it hopes to compete for mining investment capital... 

Supply problems may force Freeport Indonesia to halt Manyar smelter, media reports

Miner Freeport Indonesia may be forced to suspend operations at its Manyar smelter at the end of October due to a lack of copper concentrate following a mud-flow incident at its Grasberg mine,... 

Gold trading platform Guldbrev lists in Stockholm amid record high gold prices

Shares of Swedish gold trading platform Guldbrev Holding opened at 20.5 Swedish crowns ($2.15) per share on their market debut on the Nasdaq First North exchange on Tuesday, slightly above the 20... 

World oil market to see huge glut in 2026, IEA says

The world oil market faces an even bigger surplus next year of as much as four-million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International... 

South African business confidence edges up in September

South Africa's business confidence improved in September, driven by robust tourism, higher precious metal prices and increased exports, data showed on Tuesday. The South African Chamber of Commerce... 

Safran to open new Airbus engine assembly line in Morocco

French aerospace group Safran signed deals with Morocco on Monday to set up a new engine assembly line for Airbus jets and a new maintenance and repair plant near Casablanca, company officials... 

Groups blast lack of progress on debt issues during South Africa's G20 presidency

A total of 165 organisations on Monday criticised South Africa for failing to make progress on debt sustainability issues during its presidency of the G20 major economies and urged it to push for... 

Santos' finance chief Sherry Duhe resigns one year into role

Santos said on Tuesday that CFO Sherry Duhe has resigned, just one year after taking on the role, as the Australian gas producer navigates a transitional period ahead of the startup of its key... 

Value of Argentina's mining exports up about 33% in first nine months of 2025

Argentina's mining exports reached $4.21-billion in total value in the first nine months of 2025, an increase of 32.9% compared to the same period last year, the South American country's mining... 

Sharp divide between copper bulls and bears at industry gathering

A yawning gap has emerged in views about copper between those counting on mine disruptions to send prices of the major industrial metal to fresh record highs and sceptics who say demand is weak and... 

Copper supply jitters spur interest in Chile's $1.7bn smelter

Interest from copper buyers in diversifying supply chains could help Chile's state-run Enami secure funding for a $1.7-billion smelter project, the entity's head told Reuters, even as over-capacity... 

BofA hikes gold price forecast to $5 000/oz for 2026

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400. Gold surged above... 

Canal+ pursues secondary listing in Johannesburg after MultiChoice deal

French broadcasting group Canal+ said on Monday it was planning a secondary listing on the JSE after it acquired South African broadcaster MultiChoice. Canal+ closed the R35-billion MultiChoice... 

Aspen wins approval to market Lilly's Mounjaro for weight loss in South Africa

Aspen Pharmacare said on Monday it had secured regulatory approval to market Eli Lilly's blockbuster diabetes and obesity drug, Mounjaro, for chronic weight management in South Africa. The... 

Guinea charges 60 over deadly gold mine riot

Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.... 

Chile mine regulator probes worker death at BHP's Escondida

Chile's mining regulator Sernageomin said on Friday it is investigating the death of a worker at BHP's Escondida, the world's largest copper mine. Two sources with knowledge of the matter said... 

Congo to revoke cobalt quotas for companies that fail to export full volume

The Democratic Republic of Congo will revoke cobalt export quotas from companies that fail to export allocated volumes, breach environmental or tax rules, or transfer quotas to third parties, its... 

South African rand steady with markets wary of US-China trade tension

The South African rand was steady in early trade on Monday as investors remained cautious about renewed US-China trade tensions and expectations of Federal Reserve interest rate cuts with the US... 

Australia consults on critical minerals stockpile ahead of Albanese-Trump meeting

Australia is formulating a plan for its critical minerals reserve that will focus on sales of future production, limiting the need for a physical stockpile, industry sources said, as Australian and... 

Codelco lifts El Teniente loss estimate, copper output target intact

Codelco's copper losses from the accident at its El Teniente mine are likely to be 45% higher than previously estimated, but Chairman Maximo Pacheco still expects the world's largest copper miner... 

China says its rare earth export controls are 'legitimate'

China defended its export control measures on rare earths as "legitimate" on Sunday after President Donald Trump retaliated against the curbs by announcing steep new US tariffs on Chinese goods.... 

Goldman Sachs sees medium-term gains for silver, warns of near-term risks

Goldman Sachs said on Sunday that silver prices are likely to rise further in the medium term, driven by private investment flows similar to those boosting gold amid anticipated Federal Reserve... 

Vulcan Energy inks agreement to supply Glencore with lithium

Vulcan Energy said on Monday that it has signed an agreement with Glencore to supply the mining giant with lithium hydroxide monohydrate from its Lionheart Project in Europe. The company will... 

Caterpillar to acquire Australia's RPMGlobal for A$1.12bn

Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12-billion. The news comes... 

Australia considering critical minerals deal with US, The Age reports

Australia is mulling the introduction of mandated floor prices for critical minerals and funding for new rare earth projects as part of a proposed resources deal with the United States, The Age... 

Botswana enforces new 24% local ownership rule for mines

Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on... 

China's state iron-ore buyer offers BHP cargoes for sale amid ban fears

Several cargoes of BHP iron-ore were put up for sale in China on Thursday and at least one was sold to a local trader, potentially defusing concerns in Australia that Beijing had imposed a ban on... 

Gold's record run creates new rulebooks for investors

Investors are testing well-established views about gold, which is surging to new records, as an AI-driven stocks rally and red-hot bitcoin force a rethink of what's driving one of the world's... 

South Africa is on track to meet key fiscal targets, Treasury head says

South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the size of its primary budget surplus, the head of the National Treasury told... 

Copper output from Chile's Codelco slides 25% in August after deadly mine accident

Copper production from Chilean state-run miner Codelco tumbled 25% in August, data from copper commission Cochilco showed on Thursday, after a deadly collapse stunted output from its... 

US-based Flagship Gold signs deal to revive Mali's Morila mine

New York-based Flagship Gold Corp has signed a partnership agreement with Mali's state-owned miner to restart production at the Morila gold mine, the first US investment under the military-led... 

Argentina mining investment on pause as midterm elections loom

Political uncertainty ahead of Argentina's October midterm elections is holding back investment decisions in the mining sector, the country's main industry group said on Thursday, warning that... 

Copper hits $11 000/t for first time since May 2024

Copper prices hit $11 000 per metric ton on Thursday, a level not seen in over 16 months, as widespread disruption at mines sparks fears of a shortage of supply and attracts speculative inflows.... 

Congo to start building gold reserves as price surges, central bank governor says

The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile... 

South Africa draws global interest for $500-million funding initiative

South Africa's National Treasury has attracted over 100 global proposals for its $500-million foreign currency financing initiative as it seeks to diversify its funding sources. The initiative,... 

Gold takes a breather after safe-haven demand fuels record run

Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the $4 000 level for the first time ever on economic and geopolitical uncertainties and... 

China tightens rare earth export controls, targets defence, semiconductor users

China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology and spelling out its intention to limit exports to overseas defence and semiconductor... 

Capstone Copper's investor launches $454m block trade, term sheet shows

Hadrian Capital Partners is selling down an A$688-million stake in dual-listed Capstone Copper on Thursday, according to a term sheet seen by Reuters. The investor is selling 50-million ASX Chess... 

Silver soars to record high, riding gold's coattails

Silver prices shot to a record high on Wednesday, buoyed by gold's bull run and growing investor demand for hard assets amid persistent geopolitical and economic risks, as well as expectations of... 

Carney says he had 'meeting of minds' with Trump on steel, aluminum

Canadian Prime Minister Mark Carney on Wednesday said he had "a meeting of minds" with US President Donald Trump on the future of the steel and aluminum sectors, which are currently facing US...