Two killed in underground explosion at Australian silver mine

Two workers were killed and another injured in an explosion at the recently reopened Polymetals Resources-owned Endeavor silver, zinc and lead mine in Australia on Tuesday, forcing the temporary... 

Rare earth miners fall as US-China truce to pause tariffs, export curbs

Shares of US-listed rare earth miners slumped before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned US tariffs and Chinese export... 

LBMA's new database for gold bars will be mandatory for listed refineries from 2027

Gold refineries accredited by the London Bullion Market Association will be required to provide data to a digital platform from 2027 to increase transparency in the industry, the association's head... 

Irena chief expects sustainable biofuels to feature as key COP30 theme

Targets for sustainable biofuels use and social aspects of the energy transition will be in focus at this year's United Nations climate summit, COP30, said Francesco La Camera, Director-General at... 

South African assets start week firmer on investor optimism after 'grey list' exit

South Africa's rand, bonds and stocks were on the front foot in early trade on Monday, as domestically-focussed investors reflected on the country's removal from the global financial crime watch... 

Congo's cobalt producers still waiting for export approvals, sources say

Cobalt producers in the Democratic Republic of Congo are still waiting for government approval to resume exports under a quota system introduced on October 16 that was expected to restart shipments... 

TotalEnergies tells Mozambique LNG project costs have risen by $4.5bn

TotalEnergies has told Mozambique that the costs of its liquefied natural gas project in the country have risen by $4.5-billion in the four years it was on hold, and it wants its production... 

Namibian president takes over ministry of mines, energy and industry

Namibia's President Netumbo Nandi-Ndaitwah has removed Natangwe Ithete from his posts as deputy prime minister and minister of industry, mines and energy, the presidency said in a statement on... 

Larvotto rejects $373m takeover offer on valuation concerns

Australia's Larvotto Resources said on Monday it had rejected a non-binding indicative offer received last week from United States Antimony Corporation, valuing the miner at about A$722.9-million... 

Trump reverses Biden-era rules on copper smelters

US President Donald Trump on Friday reversed a Biden-era air pollution rule that had imposed stricter limits on emissions from copper smelters. The copper rule, finalized in May 2024, had required... 

US, China talks sketch out rare earths, tariff pause for Trump and Xi to consider

Top Chinese and US economic officials on Sunday hashed out the framework of a trade deal for US President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause... 

Trump strikes deals on trade, critical minerals in Southeast Asia

The United States signed a flurry of deals on trade and critical minerals with four Southeast Asian partners on Sunday, looking to address trade imbalances and diversify supply chains amid tighter... 

China's CMOC to invest $1.1bn to expand its KFM copper mine in DRC

China's CMOC Group will spend $1.08-billion to expand its KFM copper mine in the Democratic Republic of Congo to add about 100 000 metric tons of output per year, it said on Friday. It will launch... 

Indonesia may allow copper miner Amman Mineral to export copper concentrate

Indonesia may allow copper miner Amman Mineral International to export copper concentrate, the country's energy ministry official said on Friday, after banning concentrate exports last year.... 

Gold funds saw record weekly inflow as prices surged

Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research said in a note citing EPFR data, a week in which the precious metal's price... 

Coca-Cola to incur $1bn charge for African bottling stake sale

Coca-Cola expects to take an impairment charge of about $1-billion during the fourth quarter of 2025 related to the sale of a part of its interest in bottling operations in Africa, the beverage... 

Pilbara Minerals Q1 production rises on improved plant performance

Australia's Pilbara Minerals logged a 2.1% rise in spodumene concentrate for the first quarter on Friday, driven by stable output from its Pilgangoora operations in Western Australia. The... 

Mount Gibson dumps annual sales outlook as rockfall forces Koolan Island mine shutdown

Mount Gibson Iron withdrew its fiscal 2026 sales guidance on Friday after determining it was no longer viable to resume mining at its Koolan Island operations in Western Australia, following a... 

Whitehaven Coal misses production estimates, sees long-term demand

Whitehaven Coal missed market estimates for quarterly production on Friday, sending its shares lower, even as the miner said it expected metallurgical coal prices to find support in the long term... 

Trump says all trade talks with Canada are terminated

US President Donald Trump said on Thursday that all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former President Ronald Reagan spoke... 

US DFC in talks with Argentina about critical minerals deals

The US government's flagship development agency is in talks with Argentina's government about strategic investments in critical minerals and infrastructure that could also lower the South American... 

Freeport-McMoRan profit beats as higher copper prices offset Grasberg troubles

Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, as higher copper prices offset lower production after the company suspended operations at its flagship Grasberg mine... 

JP Morgan sees gold prices averaging $5 055 per ounce by late 2026

JP Morgan analysts on Thursday maintained a bullish outlook on gold, forecasting prices could reach an average of $5,055 per ounce by the fourth quarter of 2026. The forecast is based on "demand... 

World Diamond Council head says lab-grown gems losing their sparkle

Lab-grown diamonds are losing their appeal due to oversupply and consumer preferences are starting to shift back to natural stones, World Diamond Council president Feriel Zerouki has said. The... 

Antofagasta sees annual copper output at lower end of guidance

Chilean miner Antofagasta reported on Thursday a modest 1% rise in third-quarter copper production, and said it expects annual output at the lower end of its forecast range of 660 000 to 700 000... 

Shell applies to appeal against South African court ruling blocking exploration

Shell has applied to gain the right to appeal against the decision of a South African court to block exploration in the offshore block 5/6/7, a Shell spokesperson said on Wednesday. "Shell has... 

South African rand muted as traders eye possible 'grey' list exit

The rand was flat in early trade on Thursday, as cautious investors awaited news on South Africa's possible removal from the Financial Action Task Force's "grey" list, along with key US inflation... 

Woodside enlists Williams as investor for Louisiana LNG as construction ramps up

Australia's Woodside Energy has enlisted US-based Williams as an investor and pipeline operator of its Louisiana liquefied natural gas plant, to tap its infrastructure experience and ease cost... 

Fortescue's Q1 iron-ore shipments rise, maintains fiscal 2026 outlook

Australia's Fortescue posted a 4.2% rise in first-quarter iron-ore shipments on Thursday as the firm logged a record for first-quarter production on the back of higher hematite shipments. Its... 

Angola's first major copper mine to start production next week

Angola's first major copper mine, Tetelo, will start production on October 29, officials said on Wednesday, part of the oil-rich African country's efforts to diversify into clean energy minerals.... 

Western retail demand for gold surges in rush for hard assets

In London's historic Hatton Garden, where diamonds have long been the star, gold is commanding more attention. The famed jewellery district is abuzz with customers seeking bullion bars and coins,... 

South African rand slips after local inflation uptick

The South African rand slipped on Wednesday after September headline inflation ticked up, but the increase was smaller than expected, bolstering the case for the central bank to resume rate cuts.... 

Gold sags after flash crash, stocks bulls take a breather

Gold and silver prices remained jittery on Wednesday after the sharpest pullback in over five years, while global equity and bond markets were taking a breather from recent rallies. Gold, which... 

South Africa inflation edges up but economists see more rate cuts soon

South Africa's headline inflation rate edged up in September, but the increase was smaller than expected and economists said they thought the central bank could restart interest rate cuts soon.... 

Santos ex-finance chief blames 'untenable' leadership environment for exit

Former Santos CFO Sherry Duhe says she left Australia's second largest gas producer after just a year due to an "untenable leadership environment" and her differences with long-standing chief... 

Bolivia's new president rekindles cautious hope for long-stalled lithium dreams

Bolivia's election of centrist Rodrigo Paz is raising cautious hopes that a more market-friendly leader could pave the way for international investment in the country's ample lithium reserves after... 

Transnet plans R127bn infrastructure upgrades

State-owned freight and logistics company Transnet plans to invest R127-billion over five years in modernizing rail lines and upgrading ports, its CE Michelle Phillips said on Tuesday. Transnet... 

Rio Tinto weighs asset-for-equity swap with Chinalco to end governance gridlock, sources say

Rio Tinto is exploring a potential asset-for-equity swap with Chinalco that would trim the Chinese investor's 11% stake, freeing up Rio to resume buybacks and pursue new strategic deals, three... 

Woodside Energy hits two-week high after raising 2025 output forecast

Shares of Australia's Woodside Energy rose to a two-week high on Wednesday after it raised its fiscal 2025 production forecast, even as third-quarter revenue fell 9.4% on lower average realised... 

EU trade chief to meet China's Wang to discuss rare earths

European Trade Commissioner Maros Sefcovic said on Tuesday he had invited Chinese Commerce Minister Wang Wentao to Brussels in the coming days to find "urgent solutions" to China's tightening of...