Goldman Sachs flags risk of disruption in supply of rare earths, key minerals

Goldman Sachs flagged mounting risks to global supply chains of rare earths and other critical minerals, emphasising China's dominance in mining and refining, and outlining challenges for nations... 

China imports record amount of Mongolian coal in September

China's imports of Mongolian coal reached a record monthly high in September, customs data showed on Monday, as Beijing's efforts to tackle overcapacity pushed up domestic prices and sent traders... 

Rubio, Liberian minister discuss boosting US participation in Liberia's critical minerals sector

US Secretary of State Marco Rubio discussed avenues for expanding US participation in Liberia's critical minerals sector in a meeting last week with Liberian Foreign Minister Sara Beysolow Nyanti,... 

Moody's cuts Botswana's rating by a notch to 'Baa1' amid diamond industry slump

Global credit ratings agency Moody's downgraded Botswana's rating to 'Baa1' from 'A3' on Friday, citing the government's challenges in adjusting to a structural downturn in the diamond industry and... 

Russia attacks Ukraine coal mine, second energy site, companies say

Russian forces on Sunday attacked a coal mine in southeastern Ukraine and an unidentified energy site in the north near the Russian border, the operators of the sites said, adding to a series of... 

Rio Tinto ramps up Simandou stockpiles to 2Mt for first shipment

Rio Tinto has stockpiled two-million metric tons of high-grade iron ore at its Simandou project in Guinea for a mid-November shipment, three sources told Reuters, which would be the first from the... 

Hindustan Zinc posts quarterly profit rise on strong silver, zinc prices

India's Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand. India's top... 

State-run gold body has boosted Ghana's foreign reserves, central bank chief says

Ghana's central bank has rebuilt its foreign reserves to the equivalent of four and a half months of import cover after they were nearly depleted during a 2022 economic crisis, Governor Johnson... 

South African rand weaker on risk aversion, geopolitical jitters

The South African rand weakened in early trade on Friday as investors pared exposure to riskier assets on geopolitical tensions, speculation about US rate cuts, and the prolonged US government... 

BHP's China Jimblebar iron-ore stocks rise as trade stalls amid contract talks, sources say

Stocks of a type of iron-ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China's state-run... 

HSBC raises average gold price forecasts for 2025 and 2026

HSBC has raised its 2025 average gold price forecast to $3 355 per ounce from $3 215 due to safe-haven demand driven by geopolitical tensions, economic uncertainty, and a weakening US dollar.... 

South Africa to lift shale gas moratorium this month

South Africa will lift a long-standing moratorium on shale gas exploration as soon as new regulations, expected this month, are published, the petroleum resources minister said on Thursday. A ban... 

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure

Guinea’s bauxite exports surged 23% year-on-year in the third quarter, defying heavy rains and regulatory headwinds, official data showed. Shipments of the critical aluminium feedstock rose to... 

Botswana's ODC sets first contract diamond sales for November

Botswana's State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government's new deal with De Beers, MD... 

Namibia central bank chief calls for diamond royalty relief extension

Namibia's central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn,... 

Global debt tops G20 agenda, South African central bank chief says

Reserve Bank Governor Lesetja Kganyago warned on Wednesday that rising global debt poses a risk to financial stability. The Financial Stability Board, which reports to the G20, has elevated debt... 

US may seek more stakes in strategic companies to counter China, Bessent says

he Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China's economic policies and export restrictions, Treasury... 

Greer, Bessent blast China's rare earths curbs, urge Beijing not to implement them

Top US officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by... 

ANZ forecasts gold prices to hit $4 400/oz by year-end

ANZ on Thursday forecasts gold prices to surge to $4 400 per ounce by year-end, with a peak near $4 600 by June 2026, before a potential decline in the second half as the US Federal Reserve... 

Santos trims 2025 output forecast again on technical issue at Barossa project

Australia's Santos narrowed its annual output forecast for a second time on Thursday due to a technical issue delaying the ramp-up of its key Barossa oil & gas project, as well as a slow recovery... 

US judge set to approve Rio Tinto's $138.75m Mongolia mine settlement

A US judge on Wednesday said he was ready to approve Rio Tinto's agreement to pay $138.75-million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by... 

Record global renewable energy growth remains short of climate target, report says

A record amount of renewable energy capacity was added globally last year, but that still left countries short of targets towards meeting a UN climate goal to triple capacity by 2030, a report by... 

Gold tops $4 200 for first time on US-China trade tensions, Fed cut bets

Gold prices pierced the $4 200 mark for the first time to set a fresh record high on Wednesday, as renewed US-China trade tensions exacerbated existing global uncertainties, alongside increased... 

BHP's Slattery says Australia must cut red tape, power costs, to compete

BHP's head of Australia, Geraldine Slattery, said on Wednesday the country must speed up environmental approvals and boost access to cheap power if it hopes to compete for mining investment capital... 

Supply problems may force Freeport Indonesia to halt Manyar smelter, media reports

Miner Freeport Indonesia may be forced to suspend operations at its Manyar smelter at the end of October due to a lack of copper concentrate following a mud-flow incident at its Grasberg mine,... 

Gold trading platform Guldbrev lists in Stockholm amid record high gold prices

Shares of Swedish gold trading platform Guldbrev Holding opened at 20.5 Swedish crowns ($2.15) per share on their market debut on the Nasdaq First North exchange on Tuesday, slightly above the 20... 

World oil market to see huge glut in 2026, IEA says

The world oil market faces an even bigger surplus next year of as much as four-million barrels per day as OPEC+ producers and rivals lift output and demand remains sluggish, the International... 

South African business confidence edges up in September

South Africa's business confidence improved in September, driven by robust tourism, higher precious metal prices and increased exports, data showed on Tuesday. The South African Chamber of Commerce... 

Safran to open new Airbus engine assembly line in Morocco

French aerospace group Safran signed deals with Morocco on Monday to set up a new engine assembly line for Airbus jets and a new maintenance and repair plant near Casablanca, company officials... 

Groups blast lack of progress on debt issues during South Africa's G20 presidency

A total of 165 organisations on Monday criticised South Africa for failing to make progress on debt sustainability issues during its presidency of the G20 major economies and urged it to push for... 

Santos' finance chief Sherry Duhe resigns one year into role

Santos said on Tuesday that CFO Sherry Duhe has resigned, just one year after taking on the role, as the Australian gas producer navigates a transitional period ahead of the startup of its key... 

Value of Argentina's mining exports up about 33% in first nine months of 2025

Argentina's mining exports reached $4.21-billion in total value in the first nine months of 2025, an increase of 32.9% compared to the same period last year, the South American country's mining... 

Sharp divide between copper bulls and bears at industry gathering

A yawning gap has emerged in views about copper between those counting on mine disruptions to send prices of the major industrial metal to fresh record highs and sceptics who say demand is weak and... 

Copper supply jitters spur interest in Chile's $1.7bn smelter

Interest from copper buyers in diversifying supply chains could help Chile's state-run Enami secure funding for a $1.7-billion smelter project, the entity's head told Reuters, even as over-capacity... 

BofA hikes gold price forecast to $5 000/oz for 2026

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400. Gold surged above... 

Canal+ pursues secondary listing in Johannesburg after MultiChoice deal

French broadcasting group Canal+ said on Monday it was planning a secondary listing on the JSE after it acquired South African broadcaster MultiChoice. Canal+ closed the R35-billion MultiChoice... 

Aspen wins approval to market Lilly's Mounjaro for weight loss in South Africa

Aspen Pharmacare said on Monday it had secured regulatory approval to market Eli Lilly's blockbuster diabetes and obesity drug, Mounjaro, for chronic weight management in South Africa. The... 

Guinea charges 60 over deadly gold mine riot

Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.... 

Chile mine regulator probes worker death at BHP's Escondida

Chile's mining regulator Sernageomin said on Friday it is investigating the death of a worker at BHP's Escondida, the world's largest copper mine. Two sources with knowledge of the matter said... 

Congo to revoke cobalt quotas for companies that fail to export full volume

The Democratic Republic of Congo will revoke cobalt export quotas from companies that fail to export allocated volumes, breach environmental or tax rules, or transfer quotas to third parties, its...