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... 

US postpones Wyoming coal lease sale after disappointing Montana auction

The Trump administration has postponed a scheduled sale of coal leases on federal lands in Wyoming two days after a disappointing auction in Montana, an Interior Department spokesperson said on... 

Liontown amends loan and supply deals with Ford Motor; shares advance

Liontown Resources said on Thursday it amended its loan and spodumene supply agreements with Ford Motor, aiming to bolster near-term liquidity and gain more flexibility in marketing output as... 

Trump policies are pivotal to gold price rally, Franco-Nevada CEO says

Franco-Nevada, a Canadian company that invests in gold mines in exchange for their royalties or a portion of their output, plans to expand its business in Australia, CEO Paul Brink said on... 

Congo to tie cobalt export quotas to three-year company data, sources say

The Democratic Republic of Congo will allocate annual cobalt export quotas based on companies' production and shipment data for the previous three years, three sources familiar with the matter told... 

IMF chief says global economy doing 'better than feared,' risks remain

The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight... 

Mandela's grandson returns to South Africa after deportation by Israel

The grandson of late South African president and anti-apartheid activist Nelson Mandela arrived in Johannesburg on Wednesday after being detained and then deported by Israel, which prevented the... 

Copper market expected to be in surplus in 2025 followed by deficit in 2026, ICSG says

The International Copper Study Group (ICSG) on Wednesday projected a surplus of approximately 178 000 t in the global refined copper market for 2025, followed by a deficit of 150 000 t in 2026.... 

Fire in Glencore's mine in Chile under control, operations unaffected

Glencore's Chilean copper mine Lomas Bayas said Wednesday that a fire in a tailings yard was brought under control and operations were not affected. The fire broke out on September 30. 

HSBC raises 2025 average silver price forecast to $38.56 per ounce

HSBC on Wednesday raised its average silver price forecasts for 2025 to $38.56/oz from $35.14/oz citing expectations for high gold prices, renewed investor demand, and anticipated volatile... 

Gold's rush to record heights propelled by global anxieties

Anxieties over global geopolitical and economic risks are the biggest drivers pushing gold's 53% surge this year to a record over $4 000/oz, with analysts seeing little to halt the surge. The... 

Titan may get $120m federal financing for New York graphite project

Titan Mining said on Tuesday it got a letter of interest from the US Export-Import Bank for funding of about $120-million for its planned graphite mine in New York, as the country looks to boost... 

Gold builds on historic rally, soars past $4 000/oz for first time

Gold smashed through $4 000 an ounce to hit a record high on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further... 

Hudbay resumes operations at Peru's mine after protests

Canadian miner Hudbay Minerals said on Tuesday it has resumed operations at its Constancia mine in Peru, weeks after halting output due to local protests and blockades that had disrupted access to... 

Chile mining regulator says investigation into fatal mine collapse will take months

The head of Chile's Sernageomin mining regulator said on Tuesday that the investigation into the fatal mine collapse in El Teniente would likely take months to finalize. "Due to the complexity of... 

WTO downgrades global trade growth forecast to 0.5% for next year

The World Trade Organization (WTO) sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from US President Donald Trump's... 

Global renewable power output overtakes coal for the first time, report says

Renewable energy sources generated more electricity than coal globally for the first time in the first half of 2025, driven by rapid growth in China and India, a report by think tank Ember showed... 

Aurubis hikes 2026 European copper premium to record $315/t

Europe's biggest copper smelter Aurubis will charge European customers a premium of $315 per metric ton for refined copper next year, three market sources said on Tuesday, a record high for the... 

Indian states sign more coal power deals to meet rising demand

Indian state electricity distributors are signing long-term contracts with coal-fired power generators to meet a projected surge in evening demand, despite the country's efforts to expand clean... 

Nickel market forecast to be in 209 000 t surplus in 2025, says INSG

The International Nickel Study Group on Tuesday forecast a nickel market surplus of 209 000 metric tons for 2025, increasing to 261 000 tons in 2026. Global demand for nickel is expected to... 

Indonesia cuts mining quota validity to one year

Indonesia's mining ministry has issued a new regulation that shortens the validity of mining production quotas to one year from three years, a move intended to offer the government more control... 

Goldman hikes December 2026 gold price forecast to $4 900/oz

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4 900 per ounce from $4 300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. "We... 

World Bank raises Sub-Sahara Africa growth forecast on inflation drop

Sub-Saharan African economies are expected to grow by a faster 3.8% this year on the back of stable prices that have spurred easing by policymakers, the World Bank said on Tuesday, and the momentum... 

Gold blazes through $3 900/oz to new records as investors flee uncertainty

Gold prices surged to record highs above $3 900 per ounce on Monday on expectations of further US rate cuts, and as investors fleeing economic and political uncertainty piled into the safe-haven... 

Gold set to become Australia's second-biggest resource earner

Australia said on Tuesday it expected gold to become its second most valuable resource export after iron-ore this financial year, dislodging liquefied natural gas, as concerns over geopolitical... 

Mondi's dour outlook sends shockwaves across paper and packaging sector

Paper and packaging company Mondi warned on Monday of weak demand and falling prices across most pulp and paper grades, sending shares of the British company and its global competitors lower.... 

Australia's VHM gets US interest of up to $200m for rare earths project

Australia's VHM said on Monday it has received a letter of interest from the US Export-Import Bank (EXIM) for up to $200-million in funding to support development of its Goschen rare earths and... 

Congo to permanently ban cobalt exporters that breach quotas, says President Tshisekedi

The Democratic Republic of Congo will permanently ban cobalt exporters that violate its new quota system, President Felix Tshisekedi has warned, as the world's top producer tightens controls to... 

South African rand weaker as markets ponder duration, impact of US government shutdown

The South African rand weakened in early trade on Monday as global investors weighed how long the United States' government shutdown will last and its potential impact. The US government has shut... 

Trump administration eyes stake in company developing Greenland rare earths mine

Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the... 

Ecuador revokes environmental license for Canada's DPM to develop gold project

Ecuador's government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area, the... 

Anglo American starts arbitration process against Peabody over collapsed deal

Anglo American has initiated arbitration proceedings against Peabody Energy in response to the termination of a purchase agreement for the British mining giant's steelmaking coal assets, the... 

USA Rare Earth shares surge after report miner in close talks with White House

USA Rare Earth shares jumped 10% in premarket trading on Friday, after a report that the mining company's CEO Barbara Humpton said it was in close discussions with the White House. Humpton was... 

South African state investor PIC benefits from mining stock rally, green bets slump

South African state investor Public Investment Corporation (PIC) reported a 22.5% increase in its listed equities portfolio to R999-billion for the year ended March 2025, according to its annual... 

Business conditions improve for fifth consecutive month, PMI shows

Business conditions in South Africa's private sector improved for the fifth month running in September, buoyed by a rise in output and new orders, S&P Global reported on Friday. The Purchasing... 

US offers to buy stakes in Australian critical minerals companies

The US government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned...