Sumitomo says Ambatovy nickel project unaffected by Madagascar political turmoil

Japanese trading house Sumitomo Corp said on Friday that operations at its Ambatovy nickel project in Madagascar have not been affected by recent political turmoil. Plans for the project to produce... 

Kganyago says no reason to delay push for 3% inflation target

Reserve Bank Governor Lesetja Kganyago said on Thursday there was no reason to delay a push for a lower inflation target to 3% despite persistent pockets of inflationary pressure from administered... 

South Africa records budget deficit of R15.36bn in September

South Africa recorded a budget deficit of R15.36 billion in September, National Treasury data showed on Thursday. 

China lifts partial ban on iron-ore buys from Australia's Hancock, sources say

China's state buyer has allowed its steel mills to resume buying a type of iron-ore from Australia's Hancock Prospecting after barring such sales during a year-plus negotiation dispute, three... 

Lynas Rare Earths says demand is strong as revenue jumps

First-quarter revenue at Australia's Lynas Rare Earths rose by 66% from a year earlier, the company said on Thursday, but missed market expectations, though it flagged strong demand from existing... 

ENAMI wins environmental permit for new $1.7bn copper smelter

Chile's State-run mining company ENAMI said on Wednesday it received an environmental permit for a new $1.7-billion copper smelter, as part of the modernisation of its Hernan Videla Lira smelting... 

Copper breakout above $11 000 to be short-lived, Goldman Sachs says

Current copper market fundamentals justify a price consolidation towards the top end of their $10 000 to $11 000 per metric ton forecast range, Goldman Sachs said on Thursday, while adding that any... 

South African rand muted as investors mull over US-China trade deal

The South African rand was muted in early trade on Thursday, as investors digested the hawkish rate cut from the Federal Reserve and the trade deal made by US President Donald Trump and Chinese... 

Mali revokes over 90 mining exploration permits for noncompliance

Mali has revoked more than 90 mining exploration permits, including those held by subsidiaries of international mining companies, according to an official decree seen by Reuters. Companies affected... 

US gets rare earth reprieve from China, but not rollback

BEIJING - China has agreed to delay the introduction of its latest round of rare earth export controls as part of a deal agreed between Presidents Donald Trump and Xi Jinping, but earlier... 

Trump's critical minerals adviser to meet companies in Sydney on Friday, sources say

US President Donald Trump's adviser on critical minerals is set to meet officials of about 30 critical minerals companies in Sydney on Friday, two sources familiar with the matter said, as the US... 

Liberia replaces mines minister amid talks on US investments

Liberia has replaced its mining minister and top mining regulator, the office of President Joseph Boakai announced, as the West African nation and iron ore producer pursues talks with Washington on... 

Coal India's Q2 profit misses view on tepid demand, lower e-auction premiums

Coal India, which accounts for about three-quarters of the country's coal output, reported a larger-that-expected 30% decline in quarterly profit on Wednesday, hurt by lower e-auction premiums and... 

South African rand gains on expectations of Fed rate cut

The South African rand gained in early trade on Wednesday, as investors braced for a day headlined by the Federal Reserve's decision and an easing of US-China trade tensions. At 0638 GMT, the rand... 

US official meets mining executives in Brazil to discuss rare earths, sources say

The US Charge d'Affaires in Brazil, Gabriel Escobar, held meetings with mining executives during an industry event on Tuesday to discuss rare earths, three sources familiar with the matter said.... 

Malaysia's ban on raw rare earths exports remains despite US deal, trade minister says

Malaysia will maintain a ban on the export of raw rare earths to protect its domestic resources, despite signing a critical minerals deal with the United States this week, the trade minister said... 

Rinehart doubles stake in Arafura Rare Earths

Australia's richest person Gina Rinehart has doubled down on her holdings in Australia's Arafura Rare Earths, even as shares of the developer fell by more than a fifth of its value on Wednesday due... 

Canada to work with G7 partners to secure critical mineral supply deals, Minister says

Canada will focus on securing supplies of critical minerals when it hosts its Group of Seven partners this week at a meeting of energy and environment ministers in Toronto, Natural Resources... 

Grupo Mexico's Q3 profit up over 50% on strong molybdenum, silver, zinc sales

Mining and transportation conglomerate Grupo Mexico reported third-quarter net profit rose more than 50%, boosted by higher sales volumes of molybdenum, silver and zinc even as copper production... 

Chilean police raid Codelco mining offices in probe into fatal accident

Chilean police raided the offices of state-owned miner Codelco to gather information as they investigated the July collapse at its flagship El Teniente mine which killed six workers, the company... 

African development banks set to expand lending as capital buffers rise, S&P says

S&P Global Ratings said African regional development creditors are poised to expand lending to fill national financing gaps, as capital buffers strengthen and new frameworks increase their... 

Gold industry sees price rising to near $5 000/oz over 12 months

The price of gold is expected to hit $4 980 a troy ounce over the next 12 months, up some 27% from current levels, delegates to the London Bullion Market Association's (LBMA) annual gathering in... 

China's coal production curbs could tighten further toward year-end, top miner says

China's curbs on coal production could tighten further toward the end of 2025, making a rebound in output in the world's largest producer unlikely, a China Coal Energy official told a results... 

US, Japan leaders ink rare earths, nuclear power tie-ups ahead of Trump-Xi meet this week

Japan and the United States agreed to tie-ups on new-generation nuclear power reactors and rare earths, as Tokyo seeks a way back to export markets for its nuclear technology and both look to... 

IEA forecasts record LNG growth to lower prices, spur demand

A record wave of new liquefied natural gas (LNG) production capacity coming online until 2030 is set to transform gas market dynamics by strengthening global supply security and easing market... 

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...