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... 

Carney cautious about report of potential Canadian trade deal with US

Canadian Prime Minister Mark Carney on Tuesday expressed caution after a newspaper reported he might soon sign a trade deal on steel and aluminum with the US, saying "I wouldn't overplay it." The... 

Nutrien to shut down Trinidad nitrogen operations

World's top potash producer Nutrien said on Tuesday it has started a controlled shutdown of its Trinidad nitrogen operations at the Point Lisas facility, effective October 23. The company cited... 

Vale sees 2025 iron-ore output at top range after strongest quarter since 2018

Brazilian miner Vale reported on Tuesday its highest quarterly iron-ore production since 2018, and said it is on track to reach the upper band of its 2025 production target for its three main... 

M23 rebels loot $70m worth of gold from Congo mine since May, company says

Rebels occupying Twangiza Mining's gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kg of bullion since May, the company told Reuters, accusing some of its own... 

Fitch expects South Africa to set 3% inflation target in November

Fitch Ratings expects South Africa to announce a revised 3% inflation target during November's medium-term budget policy statement, a senior analyst said on Tuesday. Central bank Governor Lesetja... 

Lamola cites 'positive vibes' on AGOA

Trade talks between South Africa and the United States are "very positive", and there is hope that the US congress could renew a key free trade agreement with the continent before the end of the... 

US-Canada trade deal may be ready for approval at APEC summit, Globe and Mail reports

A US-Canada trade deal on steel, aluminium and energy could be ready for Prime Minister Mark Carney and US President Donald Trump to sign at the Asia-Pacific Economic Cooperation summit later this... 

Concerned carmakers race to beat China's rare earths deadline

Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures. Rare earth... 

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...