Access road to Chile's Escondida, Zaldivar mines remains blocked amid contractor strike

Striking contract workers employed by machinery contractor Finning resumed on Saturday a blockade of the access road to Chile's Escondida and Zaldivar copper mines, according to industry sources.... 

Chilean regulator fines Antofagasta's Centinela copper mine for non-compliance

Chile’s environmental regulator said on Friday it has fined Antofagasta Minerals about $775 000 for failing to comply with water management regulations at its Centinela copper mine. Centinela,... 

Barrick's North America spin-off hinges on Newmont's approval, documents show

Canadian miner Barrick's efforts to spin off its North American assets will hinge on the company's joint venture partner Newmont, according to documents seen by Reuters and former Barrick... 

Gold blasts past $5 000 to record high on safe-haven rush

Gold surged to a record high above $5 000 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties. Spot gold rose 1.79%... 

Trump admin to take 10% stake in USA Rare Earth in $1.6bn deal, sources say

The Trump administration is taking a 10% stake in USA Rare Earth as part of a $1.6-billion debt-and-equity investment package aimed at helping the company develop a domestic mine and magnet... 

Speculative frenzy catapults silver above $100/oz

Silver prices vaulted above $100 an ounce on Friday, extending a remarkable 2025 surge into the new year as retail investor and momentum-driven buying added to a prolonged spell of tightness in... 

India gold premiums surge to decadal high on import tax hike anxiety

Gold premiums in India jumped this week to their highest in more than a decade, as investors rushed to buy the metal on expectations of an import duty hike in the upcoming budget, while China... 

BHP ships Jimblebar iron-ore to Malaysia, Vietnam as China ban stalls sales

BHP Group has shipped iron-ore cargoes barred from sale in China to Malaysia and Vietnam, seeking alternative buyers as its stocks of Jimblebar pile up at Chinese ports amid a protracted contract... 

South African rand edges up as traders eye interest rate decision next week

The South African rand edged up in early trade on Friday, as investors looked ahead to the central bank's interest rate decision next week. At 0732 GMT the rand traded at 16.11 against the dollar,... 

Striking workers force production halt at Chile's Mantoverde mine

roduction at Capstone Copper's Mantoverde copper and gold mine in northern Chile is largely halted after the mine's desalination plant was shut down amid a nearly three-week labor strike, the... 

Deep-sea mining company seeks international permit under new Trump rules

The Metals Co on Thursday became the first deep-sea miner to seek Washington's approval to mine the international seabed under a streamlined permitting process introduced earlier this week.... 

Rising copper prices help Freeport-McMoRan offset Grasberg production dip

Copper miner Freeport-McMoRan reported a better-than-expected fourth-quarter profit on Thursday, as higher copper and gold prices offset a production drop after an accident at Indonesia's Grasberg... 

Mali's President tightens direct control over key mining sector

Mali's military leader has created a new ministerial-level role to oversee the mining sector, strengthening the presidency's direct oversight of the critical gold industry, and appointed a former... 

South African rand hovers around strongest in three years as geopolitical tensions ease

The South African rand was hovering around its strongest against the dollar for three years, as geopolitical tensions and safe-haven demand eased after US President Donald Trump backed down from... 

South African rand steady as Trump backs off tariff and Greenland threats

The South African rand was steady in early trade on Thursday, as geopolitical tensions and safe-haven demand eased after US President Donald Trump backed down from new tariff threats and proposals... 

Goldman Sachs raises 2026-end gold price forecast

Goldman Sachs has raised its end-2026 gold price forecast to $5 400/oz from $4 900/oz earlier, noting private-sector and emerging market central banks' diversification into gold. Spot gold climbed... 

Chile's miners flag risks in dual oversight of mining, economy ministries

Chile's mining industry expressed concerns on Wednesday after President-elect Jose Antonio Kast named one minister to oversee both mining and the economy, warning that the economically critical... 

Santos forecasts higher 2026 production as Barossa, Pikka projects ramp up

Australian oil and gas producer Santos forecast higher 2026 production on Thursday, as it ramps up output at its Barossa liquefied natural gas project and starts producing oil from its Pikka... 

Trump to speed permits for deep-sea mining in international waters

The Trump administration is pressing ahead on Wednesday with an effort to encourage U.S. exploration of the deep sea by accelerating permitting for companies hunting for critical minerals in... 

South African rand firms as markets shrug off mixed local data

The South African rand firmed against the dollar in Wednesday's trading session as the country's markets shrugged off mixed domestic economic signals released by the statistics agency. At 1332 GMT,... 

South Africa's inflation rate edges up in December, as expected

South African inflation rose slightly in December, as expected, but analysts said they still expect the central bank to deliver several interest rate cuts this year as price pressures remain well... 

South African rand firmer ahead of local inflation data

The South African rand edged up in early trade on Wednesday, as traders awaited inflation and retail sales data that will shed light on the country's economic outlook. At 0624 GMT, the rand traded... 

Lynas CEO says government policies are improving rare earths market

Government policies around floor prices for rare earths have improved the function of the market and helped lift prices to sustainable levels, Amanda Lacaze, the CEO of Lynas Rare Earths said on... 

Gates and OpenAI team up for AI health push in African countries

The Gates Foundation and OpenAI are setting up a $50-million partnership to help African countries use artificial intelligence to improve their health systems. The partnership, called Horizon1000,... 

Spot gold crosses $4 800/oz for the first time

Spot gold surged past the psychological milestone of $4 800/oz on Wednesday for the first time, as safe-haven demand kept bullion a favored asset. 

Evolution Mining posts higher gold output, shares hit record high

Australia's Evolution Mining reported a rise in its second-quarter gold production on Wednesday, driven by strong performances across almost all assets, sending its shares to a record high. Shares... 

Lynas Rare Earths' quarterly revenue surges as higher prices offset lower production

Australia's Lynas Rare Earths reported a 43% rise in second-quarter revenue on Wednesday, as higher selling prices eclipsed a production shortfall caused by power disruptions at its ore processing... 

South Africa may hit 3% inflation in 2026, central bank says

South Africa's central bank governor Lesetja Kganyago said on Tuesday that inflation was on course to meet the bank's new target of 3% in 2026 as prices remained stable. With annual inflation for... 

Botswana's diamond stockpile swells as gem price slump persists

Botswana's diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country unable to increase gem production in the short term to lift its economy,... 

Uganda's gold exports surged 76% last year to $5.8bn

Uganda's gold exports leaped 75.8% last year from the previous 12 months, helped by record prices that attracted new dealers into the sector, Uganda's central bank said on Tuesday. Gold has... 

Congo offers manganese, copper‑cobalt and lithium assets to US investors under minerals pact

The Democratic Republic of Congo has sent Washington a shortlist of state-owned assets - including manganese, copper-cobalt, gold and lithium projects - for US investors to consider as part of a... 

South African rand weakens on risk-off mood, traders await mining data

The South African rand was weaker in early trade on Tuesday as forex markets continued to be dominated by "risk-off" sentiment, while domestically focused traders awaited mining data for clues on... 

Origin Energy to extend operations of NSW coal-fired power plant to 2029

Origin Energy said on Tuesday it will extend the operation of all four units of its coal-fired Eraring Power Station to April 2029, to support energy supply in New South Wales state. The 2 880 MW... 

Ghana's mining reforms risk choking investment, says industry body

Ghana’s main mining industry body said on Monday that proposed changes to how the country manages tax and royalty terms risk deterring investment and slowing output. Reuters reported last week that... 

South African rand muted, investors await inflation data

South Africa's rand was subdued on Monday as risk appetite waned amid geopolitical tensions and traders looked ahead to domestic inflation data due this week for clues on the central bank's... 

China 2025 coal output hits record high as cheap supply drives stockpiling, lower imports

China's coal output rose to a record in 2025, statistics bureau data showed on Monday, as lower domestic prices prompted buyers to cut imports and rebuild stockpiles with cheaper local supply,... 

BHP refused permission to appeal UK judgment over 2015 Brazil dam collapse

BHP was on Monday refused permission to appeal against a ruling that it is liable for the 2015 collapse of a dam in southeastern Brazil, in a London lawsuit potentially worth tens of billions of... 

Bolivia pledges to honor energy, lithium deals to reassure investors

Bolivia’s centrist government will respect all existing hydrocarbons and lithium agreements as part of a push to rebuild investor confidence after years of instability, the country’s energy... 

Global stocks take hit from tariff threats; gold gets safety bid

Global stocks slid and the dollar eased against the safe-haven yen and Swiss franc on Monday after US President Donald Trump threatened to slap extra tariffs on goods imported from eight European... 

South African rand slips amid geopolitical tensions, investors await local inflation data

South Africa's rand traded weaker on Monday as risk appetite waned amid geopolitical tensions and as traders looked ahead to domestic inflation data due this week for clues on the central bank's...