Mozambique President cancels Davos trip due to severe floods

Mozambique's President Daniel Chapo has cancelled his trip to the World Economic Forum in Davos this week due to severe floods that have damaged infrastructure and affected hundreds of thousands of... 

Trump offers to mediate Egypt-Ethiopia dispute on Nile River waters

US President Donald Trump offered on Friday to mediate a dispute over Nile River waters between Egypt and Ethiopia. "I am ready to restart US mediation between Egypt and Ethiopia to responsibly... 

Syrah buys more time for Tesla graphite supply deal

Australia's Syrah Resources aid on Monday it agreed with Tesla to extend for the third time a deadline to resolve an alleged breach of their graphite supply agreement. The 2021 agreement to supply... 

China receives first shipment of Simandou iron-ore

China, the world's largest iron-ore consumer, has received its first shipment of iron-ore from the Simandou mine in Guinea in West Africa, in which Beijing has heavily invested to increase supply... 

Last Czech deep coal mine closes as centuries-old industry reaches final day

The last Czech black coal shaft will shut at the end of January, closing the door on more than 250 years of deep mining and bringing to an end an industry that powered the rise of heavy industry in... 

Mali gold output plunges 23% as Barrick halt, tougher rules reshape sector

Mali's industrial gold output fell 22.9% in 2025, hurt by the lengthy suspension of Barrick Mining's operations due to a dispute over tougher mining rules, provisional figures from the West African... 

Iron-ore falls as high prices deter buyers

 Iron-ore futures drifted lower on Friday as high prices and slim margins deterred buying in the biggest consumer China, with the Dalian iron-ore contract reporting a weekly decline for the first... 

South Africa launches inquiry into Iran's participation in BRICS+ naval drills

South Africa's defence ministry has launched a probe into Iran's participation in the BRICS+ naval exercises held near Cape Town this week, after reports that President Cyril Ramaphosa had asked... 

South African rand muted as traders eye local inflation data next week

South Africa's rand was subdued in early trade on Friday as traders awaited an inflation reading due next week for fresh signals on the health of Africa's most industrialised economy and clues on... 

Brazil shuts down Sigma Lithium waste piles over safety concerns

Brazil's Labor Ministry has shut down three waste piles at Sigma Lithium's flagship mine in the state of Minas Gerais, citing a "grave and imminent" risk to workers and the local community,... 

First Quantum backs Panama's plan to allow stockpile processing at shut copper mine

Canadian miner First Quantum Minerals on Thursday welcomed Panama President Jose Raul Mulino's plan, announced early this month, to allow the removal and processing of stockpiled ore at its... 

US lawmakers introduce bill to create $2.5bn critical-minerals stockpile

A bipartisan group of US lawmakers on Thursday introduced a bill to create a $2.5-billion stockpile of critical minerals, a move aimed at stabilizing market prices and encouraging domestic mining... 

Ghana to scrap mining stability pacts, double royalties

Ghana will scrap long-term mining investment stability agreements and double royalties under sweeping reforms, the regulator in Africa's top gold producer told Reuters, as it seeks to capture more... 

Coal India eyes rare earth pacts in Australia, Russia and Africa, unit exec says

Coal India is scouting partnership opportunities in rare-earth mining across Australia, Russia, Argentina, Chile and several African countries, a top executive of its coking coal-focussed unit said... 

South African rand steady as Trump calms market fears by adopting softer tone on Iran, Fed chair

The South African rand was steady in early trading on Thursday, after US President Donald Trump calmed market anxiety over potential US military action against Iran. Like other risk-sensitive... 

Australian Rio Tinto investor raises concerns over merits of potential Glencore deal

One of Australia's oldest and largest investors has added to the growing local chorus of concerns about Rio Tinto's potential acquisition of Glencore, questioning the proposed tie-up's merits and... 

Indonesian forces rescue 18 Freeport workers from rebel siege in Papua

Indonesian military rescued 18 workers at gold and copper miner Freeport Indonesia that had been surrounded by armed rebels for three days at a company outpost in the insurgency-plagued Papua... 

Trump says no critical minerals tariffs for now, will seek overseas supplies

US President Donald Trump said on Wednesday he had opted for now against imposing tariffs on rare earths, lithium and other critical minerals, and instead ordered his administration to seek... 

South African rand buoyed by gold prices as markets mull US inflation prints

The South African rand was lifted by record high gold prices in early trade on Wednesday, while global markets continued to assess key US inflation indicators which could offer more clues on the... 

FACTBOX: Greenland's rich but largely untapped mineral resources

The Danish and Greenlandic foreign ministers will meet US Vice President JD Vance and Secretary of State Marco Rubio on Wednesday after President Donald Trump recently stepped up threats to take... 

China's December coal imports hit record high despite 10% annual drop

China's December coal imports climbed to a record monthly high, spurred by winter stockpiling and rising domestic prices, even as total imports for the year fell 10%, customs data showed on... 

China's 2025 rare earth exports hit highest since at least 2014 despite restrictions

China's rare earth exports in 2025 hit the highest level since at least 2014, even as Beijing began restricting shipments of several medium to heavy elements from April. The world's top producer... 

China's 2025 copper imports lowest since 2020 amid major price rally

China's unwrought copper imports in 2025 fell to the lowest level since 2020, China's customs data showed on Wednesday, as high prices weighed on demand. The top consumer imported 5.32-million... 

Portugal keen to launch lithium prospecting tender in 2026

Portugal's government hopes to launch a long-delayed tender for lithium prospecting licenses this year, the Environment Minister said on Tuesday, promising to ensure that local communities, some of... 

Spot silver breaks through $90/oz for first time

Spot silver jumped above the key $90/oz level for the first time as soft US inflation data cemented interest rate cut bets by the US Federal Reserve on the back of geopolitical tensions, robust... 

Rio Tinto engages three banks to advise on potential Glencore acquisition, source says

Rio Tinto has engaged JPMorgan and two other advisers on its potential acquisition of Glencore, a deal that could create the world's largest miner worth over $200-billion, a source with knowledge... 

South African rand weakens on profit taking after gold-led gains

The South African rand weakened on Tuesday as investors took profits after the currency benefited from a surge in gold prices during the previous session. At 1303 GMT the rand traded at 16.4650... 

Record start to 2026 brings prospect of $5 000 gold into view

Gold and silver's upward run has reignited, with bullion topping $4 600 an ounce for the first time and big brokerages predicting $5 000 as a range of factors intensify, boosting the metal's... 

G7, other allies discuss ways to reduce dependence on Chinese rare earths

Finance ministers from the G7 and other major economies met in Washington on Monday to discuss ways to reduce dependence on rare earths from China, including setting a price floor and new... 

Codelco expects to lift copper output by 10 000 t this year

Chilean State-run miner Codelco is expected to produce 1.344-million metric tons of copper in 2026, up about 10 000 tons from last year, Chairman Maximo Pacheco said on Monday. Speaking to Reuters... 

British Columbia seeks closer ties on trade and resources with India

British Columbia is seeking to deepen its commercial ties with India in sectors including liquefied natural gas, critical minerals, lumber and technology, the Canadian province's Premier David Eby... 

Ukraine awards State-owned lithium project to Dobra Lithium

Ukraine awarded development rights for the Dobra lithium deposit in the Kirovohrad region to Dobra Lithium Holdings under a production sharing agreement, Prime Minister Yulia Svyrydenko said on... 

Lynas Rare Earths CEO to retire after over a decade in role

Australia's Lynas Rare Earths said on Tuesday its CEO Amanda Lacaze was retiring after 12 years, just as Western countries seek greater security of supply for the metals for which Lynas is the top... 

Gold leaps to record high, dollar drops as US prosecutors target Fed's Powell

Gold vaulted to a record high and both the dollar and Wall Street futures fell on Monday, as a criminal investigation into Federal Reserve Chair Jerome Powell stoked concerns about the independence... 

Lithium soars as China to revoke battery export tax rebates

Lithium prices soared in China on Monday after Beijing said it would roll back value-added tax export rebates, as investors bet the move would spur front-loaded export demand. The most-active... 

South African rand gains as gold scales new peak

The South African rand gained in early trade on Monday, helped by gold prices reaching another record high. At 0736 GMT the rand traded at 16.4225 against the dollar, roughly up 0.4% from its... 

Ethiopia begins $12.5bn construction of 'Africa's biggest airport'

Ethiopian Airlines on Saturday officially started a $12.5-billion construction project for what officials say will be Africa's biggest airport when completed in 2030 in the Ethiopian town of... 

Australia to prioritise antimony, gallium, rare earths in A$1.2bn reserve

Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2-billion strategic reserve, it said on Monday, as its Treasurer Jim Chalmers prepares to join a G7 meeting to... 

Egypt signs renewable energy deals worth $1.8bn

Egypt has signed renewable energy deals worth a combined $1.8-billion, state TV reported on Sunday. Among the deals were contracts with Norwegian renewable energy developer Scatec and China's Sungrow. 

US EPA rejects Colorado haze plan to retire coal plants early

The US Environmental Protection Agency on Friday rejected Colorado's plan to comply with regional haze regulations by shutting its coal plants, saying the state needs the plants to remain running...