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By Reuters

Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

24th June 2024

China's Tianqi Lithium said on Friday it was evaluating possible legal action against a Chilean regulator's ruling allowing a tie-up between No. 2 lithium producer SQM, which it owns around a fifth... 


OceanaGold halts operations at Philippines mine after worker death

21st June 2024

OceanaGold has suspended operations at its Didipio mine in the Philippines for 24 hours after an employee died at the site, the Canadian miner said on Friday. The employee was found unresponsive... 


Australia's east faces immediate gas shortage amid cold snap, outage

21st June 2024

Australia's east is facing a gas shortage after a cold snap drove up demand for heating and power while supply dipped due to an extended outage at the region's main gas plant, the energy market... 


China's Tsingshan $1bn steel plant in Zimbabwe starts production

21st June 2024

China's nickel giant Tsingshan Holding Group has started production at its $1-billion steel plant in central Zimbabwe, a company official said on Thursday. Tsingshan's Dinson Iron and Steel Company... 


France's Orano says Niger has removed mining permit for its Imouraren unit

21st June 2024

French company Orano said on Thursday that Niger had removed a mining permit for its subsidiary Imouraren. Orano said the decision would have a negative economic impact on Niger and added it... 


China's coal imports from Russia rise to eight-month high in May

21st June 2024

Russia's coal shipments to China rose to the highest level in eight months in May after Moscow suspended export duties, official data showed on Thursday. Russia's coal exports to China rose to... 


Allegations of human rights abuses 'unfounded', Barrick Gold tells UNHRC

Allegations of human rights abuses 'unfounded', Barrick Gold tells UNHRC

21st June 2024

Barrick Gold said in a letter to the United Nations Human Rights Council on Thursday that allegations of human rights violations at its North Mara gold mine were "misdirected, unfounded" and... 


Canada oil sands group removes online content over federal anti-greenwashing rules

Canada oil sands group removes online content over federal anti-greenwashing rules

21st June 2024

he Pathways Alliance, a group of Canada's biggest oil sands producers, has removed all content about environmental goals from its website and social media pages, citing "significant uncertainty"... 


Pilbara Minerals eyes A$1.2bn road to double lithium output

Pilbara Minerals eyes A$1.2bn road to double lithium output

21st June 2024

Pilbara Minerals, Australia's biggest independent lithium producer, on Friday laid out a A$1.2-billion plan to double production capacity for lithium spodumene at its Pilgangoora operation in... 


Vale Base Metals chairperson Mark Cutifani

Vale unveils $3.3bn plan to boost copper and nickel output

20th June 2024

Vale plans to spend as much as $3.3-billion on improvements at its mining operations in Brazil and Canada to boost copper and nickel production capacity over the next four years. The Brazilian... 


Dutch miner AMG buys into Portuguese lithium project

Dutch miner AMG buys into Portuguese lithium project

20th June 2024

Dutch miner AMG has acquired a 15.77% stake in London-based Savannah Resources to become the largest shareholder in the company that is developing a lithium project in northern Portugal, the... 


Australia to fund road clearing to Porgera mine after PNG landslide

20th June 2024

Australia said it would provide A$2-million to Papua New Guinea to restore road access to the Porgera gold mine, previously one of the world's largest, and other support for survivors after a... 


Rand currency

South African inflation stable but still above central bank objective

19th June 2024

South African inflation was stable in May, data showed on Wednesday, but analysts do not expect interest rate cuts any time soon as it remains above the central bank's desired level. Headline... 


Fruit and vegetables being sold at market

South Africa finds high prices, lack of competition in its fresh produce market

19th June 2024

South Africa's competition watchdog has uncovered barriers to entry, distorted competition and price mark-ups in its fresh produce market, according to a provisional report released on Tuesday... 


The Lubambe mine in Zambia

JCHX closes in on Zambian copper mine deal as China tightens Africa grip

19th June 2024

JCHX Mining is close to concluding a deal to buy Zambia's Lubambe Copper Mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their... 


US Senate passes bill to support advanced nuclear energy deployment

US Senate passes bill to support advanced nuclear energy deployment

19th June 2024

The US Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor... 


Fortescue is the world's fourth-biggest iron-ore miner

US-based Capital Group sells Fortescue shares worth A$734m

19th June 2024

US-based investment management firm Capital Group Companies has sold shares worth A$733.9-million in Australian miner Fortescue, according to an exchange filing on Wednesday. The announcement came... 


Chile lithium projects garner interest from over 50 companies

Chile lithium projects garner interest from over 50 companies

19th June 2024

More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesday, after the government called for proposals for a range of salt... 


Codelco-SQM lithium deal can proceed without shareholder approval, regulator says

Codelco-SQM lithium deal can proceed without shareholder approval, regulator says

19th June 2024

Chile's financial regulator said on Tuesday that a planned lithium joint venture between State-run Codelco and miner SQM does not need to face a vote by SQM shareholders as argued by China's Tianqi... 


Botswana may fall short of 4.2% growth target

18th June 2024

Botswana's economy may fall short of the government's 4.2% growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints. Finance minister... 


Reserve Bank to first cut repo rate in November - Reuters poll

Reserve Bank to first cut repo rate in November - Reuters poll

18th June 2024

South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when policy easing kicks off in response to slowing... 


Debswana reports fatality at its Jwaneng mine

Debswana reports fatality at its Jwaneng mine

18th June 2024

Botswana's Debswana Diamond Company on Tuesday reported a fatality at its Jwaneng mine following an accident involving a crane and drill rig. The incident, which took place on Monday, involved an... 


Coal India exploring lithium assets in Argentina with US company, says source

18th June 2024

State-run Coal India Limited is exploring lithium blocks in Argentina along with a US company to secure supplies of the battery material, an Indian source with direct knowledge said on Tuesday.... 


Serbia's Parliament speaker seeks debate over Rio Tinto's lithium project

Serbia's Parliament speaker seeks debate over Rio Tinto's lithium project

18th June 2024

Serbia's parliament speaker and former Prime Minister Ana Brnabic is seeking a debate and approval in the assembly for a contested Rio Tinto lithium project in the Balkan country. Regarded as a... 


Chile says Saudi Mining Minister to visit, lithium expected on agenda

18th June 2024

Chile's government said on Saturday that Saudi Arabia's Mining Minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago. Saudi Minister of... 


South Africa unity government to include ANC and pro-business DA

South Africa unity government to include ANC and pro-business DA

14th June 2024

The African National Congress and its largest rival, the pro-business Democratic Alliance, have agreed to work together in a government of national unity, senior DA negotiator Helen Zille told... 


Neo Performance Materials launches strategic review

14th June 2024

Canadian rare earths company Neo Performance Materials said on Friday it would be undertaking a comprehensive strategic review, which could include a sale, divestiture, merger or other business... 


G7 leaders commit to faster transition from fossil fuels - draft statement

G7 leaders commit to faster transition from fossil fuels - draft statement

14th June 2024

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 


South Africa Parliament convenes as talks on who will govern go down to the wire

South Africa Parliament convenes as talks on who will govern go down to the wire

14th June 2024

South Africa's newly elected parliament convenes on Friday to choose the country's next president with the public still in the dark about which parties will join the African National Congress (ANC)... 


Vale expects tentative dam collapse settlement with Brazil authorities this month

14th June 2024

Brazilian miner Vale expects to reach a tentative agreement by the end of this month with Brazilian federal and state authorities to settle reparations over the deadly 2015 collapse of a tailings... 


Environmental studies at Jadar, Serbia

Environmental studies show Serbian lithium project is safe, Rio says

13th June 2024

Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for... 


Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices have probably hit a floor, says Macquarie

13th June 2024

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after... 


South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain

13th June 2024

South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday, as the home to major chip producers and leading... 


Zambia to set up mineral investment and trading unit

12th June 2024

Zambia will set up a new entity for investment and trading in minerals as it seeks to earn more from its natural resources, the Cabinet said on Wednesday after giving its approval. The government... 


The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.

Vale, BHP make new offer on Mariana disaster reparations

12th June 2024

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Union files equal pay applications for BHP coal mine workers in Queensland

Union files equal pay applications for BHP coal mine workers in Queensland

12th June 2024

Australia's Mining and Energy Union (MEU) said on Wednesday it had filed for same job same pay orders covering 1 700 labour-hire workers at three large BHP coal mines in Queensland. If successful,... 


Indonesia considers terminating permits for some nickel pig iron production

11th June 2024

The Indonesian government is conducting a comprehensive evaluation regarding the termination of permits for the RKEF smelters which make products in the form of ferronickel and nickel pig iron, a... 


Codelco copper output hit by lingering effects of rock collapse

Codelco copper output hit by lingering effects of rock collapse

11th June 2024

Codelco attributed a sharp drop in production at its top mine to the lingering effects of a rock collapse last year as the world’s No. 1 copper supplier strives to reverse slumping output. “This... 


Colombia President Gustavo Petro says coal exports to Israel will be halted.

Colombia halts coal exports to Israel over Gaza war

10th June 2024

Colombia's President Gustavo Petro on Saturday said the country, which is reported to be Israel's biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the... 


New Zealand to introduce bill to reverse oil and gas exploration ban

10th June 2024

w Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector. The... 


Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary

7th June 2024

Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country, two senior officials of... 


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