Niger to nationalise uranium mine operated by France's Orano as relations sour

Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup... 

Canada could slap more duties on US steel and aluminum, says Carney

Canada could increase counter-tariffs on US-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on... 

South African rand slips as risk appetite wanes, focus on central bank review

The rand weakened in early trade on Thursday, weighed down by risk-off sentiment as the Iran-Israel conflict continued into a seventh day and as investors awaited the South African Reserve Bank's... 

TotalEnergies CEO expects to restart Mozambique LNG project this summer

TotalEnergies expects its $20-billion Mozambique liquefied natural gas (LNG) project to resume development "this summer", Chief Executive Patrick Pouyanne said on Wednesday. He was asked about the... 

South African inflation steady in May, as expected

South Africa's inflation rate was steady in May, staying below the central bank's 3% to 6% target range as it pushes for the target to be lowered. Headline consumer inflation stood at 2.8%... 

South African rand edges up before local inflation and retail sales data

The South African rand edged up in early trade on Wednesday ahead of the release of domestic inflation and retail sales data, as investors also awaited an interest rates decision from the US... 

Santos' Barossa LNG project progresses towards final commissioning plans

Santos said on Wednesday it had progressed its Barossa LNG project towards final commissioning activities following the arrival and deployment of a floating production, storage and offloading... 

Chevron enters lithium sector with acreage buy in Texas, Arkansas

Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the US oil major into domestic lithium production. Energy... 

Mali starts construction of Russia-backed gold refinery

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources.... 

TMC secures $85m investment from Korea Zinc amid US minerals push

Deep-sea mining firm The Metals said on Monday that South Korean refiner Korea Zinc will invest $85.2-million, giving a boost to the company's plans to supply critical minerals for the US energy... 

IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine

The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a... 

'Deep pockets' could help Abu Dhabi win regulatory approval for Santos bid, analysts say

Abu Dhabi National Oil Company, preparing an $18.7-billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with... 

South African rand weakens on risk-off mood, economic data eyed

The South African rand weakened in early trade on Tuesday, as risk sentiment remained fragile with the Israel-Iran conflict entering its fifth day. At 0626 GMT the rand traded at 17.83 against the... 

US Export-Import Bank considers $120m loan for Greenland rare earths project

Critical Metals has received a letter of interest from the US Export-Import Bank (EXIM) for a loan worth up to $120-million to fund the company's Tanbreez rare earths mine in Greenland, in what... 

Ecuador reopens mining concession registry after seven years

Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American... 

Hudbay resumes operations in Snow Lake after evacuation orders lifted

Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of... 

G7 leaders agree on strategy to protect critical mineral supply, draft says

Group of Seven leaders on Monday provisionally agreed on a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters. The... 

Trump says tariffs must be part of any Canada deal, Ottawa pushes back

US President Donald Trump said on Monday a new economic deal with Canada was possible but stressed tariffs had to play a role, a position that the Canadian government strongly opposes. Canadian... 

Ghana has lost $11bn to gold smuggling, links to UAE, report finds

Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report... 

Botswana's Debswana to approach capital markets to fund Jwaneng underground project

Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have... 

Barrick Mining's gold complex placed under state control in Mali

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership.   A former Malian... 

Mali hopes Russia partnership will help end raw gold exports

Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity... 

Woodside, Australian govt extend consultation period for North West Shelf enviro approval

Woodside Energy and the Australian government said on Friday they have extended the consultation period for conditions tied to the environmental approval of the firm's North West Shelf LNG project... 

Burkina Faso completes nationalisation of five gold mining assets

Burkina Faso has completed the transfer of five gold mining assets to the country's state-owned miner, according to a decree published late on Wednesday, finalising a process that began in August... 

World Bank to end ban on nuclear energy projects, still debating upstream gas

The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising electricity needs, the bank's... 

Platinum surges, palladium lags on narrow demand profile

Platinum and palladium prices have both rallied this month, notching a more than four-year and seven-month high respectively, but analysts say they remain more cautious about the outlook for... 

South Africa's $5.8bn Hive project aims to lead low-cost ammonia output

A $5.8-billion project on South Africa's east coast seeks to use the country's infrastructure and cheap renewable power to make some of the world's cheapest green ammonia for clients in Europe and... 

Death toll in flood-hit South African province rises to 57

The death toll from floods in South Africa's Eastern Cape province has risen to 57, the head of the province said on Wednesday. Parts of South Africa have been lashed by heavy rain and snow since... 

Barrick Mining removes Mali gold complex from 2025 output forecast, sources say

Barrick Mining has removed its Mali gold complex from its overall output forecast for 2025, four sources told Reuters, adding to fallout from a two-year dispute over new mining legislation aimed at... 

Codelco to focus on public-private partnerships to boost finances and production, CFO says

Chile's Codelco, the world's largest copper producer, will focus on more public-private partnerships to buoy finances and improve its capacity to develop new projects amid efforts to boost... 

Glencore halted some cobalt deliveries over Congo export ban

Glencore declared force majeure on some deliveries of cobalt from Democratic Republic of Congo days after the government suspended exports of the battery material, three sources familiar with the... 

Copper output from Chile's Codelco climbs 21% in April

Copper production from Chilean state-run miner Codelco ticked up nearly 21% year-over-year in April, data from copper commission Cochilco showed on Tuesday, climbing to 114 600 metric tons.... 

South African macadamia farmers eye new markets after US tariff jolt

Gene Likhanya's macadamia nut farm, started with personal savings and built up over two decades in South Africa's picturesque Madimbo valley, faces a sudden challenge from US import tariffs that is... 

Nevada Copper project draws $896m US financing interest

A Nevada mining project has attracted the attention of the Export-Import Bank of the United States, which is showing interest in offering $896-million to support a company seeking to build a copper... 

China coal imports could drop by up to 100Mt in 2025, industry group says

China's coal imports could drop by up to 100-million metric tons in 2025, an official at a major industry group said, potentially putting global benchmark prices - already at multi-year lows -... 

Africa Energy sees first output from South Africa's largest gasfield by 2033

Canada-listed Africa Energy Corp is aiming to start production from South Africa's largest gas discovery by 2033, its CEO said on Tuesday, as it forges ahead with a project former operator... 

Zimbabwe to ban export of lithium concentrates from 2027

Zimbabwe will ban the export of lithium concentrates from 2027 as it extends its push for more local processing, mines minister Winston Chitando said on Tuesday. Africa's top producer of lithium,... 

Lower grade Australian iron-ore sparks global benchmark change

The longstanding global pricing benchmark for most traded iron-ore cargoes will be adjusted in 2026 to reflect the falling quality of ore from top supplier Australia, pricing service Platts said.... 

World Bank slashes global growth forecast as trade tensions bite

The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a "significant headwind" for... 

Hochschild shares plunge 20% after Brazil gold mine shutdown

Hochschild Mining issued a six-week shutdown at its Mara Rosa mine, following lower-than-expected gold output by the end of May, the British precious metals company said on Tuesday, sending shares...