India weighs Mongolian coking coal imports despite transport hurdles, source says

India is assessing the viability of importing coking coal from Mongolia despite transport bottlenecks, a source with direct knowledge of the matter said, as New Delhi seeks to diversify supplies of... 

Britain, Netherlands withdraw $2.2 billion backing for Total-led Mozambique LNG

Britain and the Netherlands are withdrawing a combined $2.2-billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe... 

Ramaphosa dismisses Trump’s threat to bar South Africa from 2026 G20 summit

South African President Cyril Ramaphosa dismissed on Sunday US President Donald Trump's threat to exclude Pretoria from next year's G20 summit, reaffirming South Africa's status as a founding... 

Indonesia could impose coal export levy next year

Indonesia could impose a coal export levy next year, finance minister Purbaya Yudhi Sadewa told reporters on Wednesday without providing further detail. The finance ministry has also said they... 

JSW's plan for voluntary job reductions draws high interest from workers, CEO says

An internal survey at Polish coal miner JSW showed more than 6 000 employees were interested in a planned workforce reduction, almost double the number eligible for the scheme, acting CEO Boguslaw... 

Zuma's daughter quits as MP over Russia recruitment allegations

Duduzile Zuma-Sambudla, a daughter of former South African president Jacob Zuma, has resigned from Parliament amid allegations that she lured 17 men to fight for Russia in Ukraine, her party said... 

Codelco offers US clients copper at record premiums

Chile's state-owned copper producer has offered to sell copper at record premiums above $500 a metric ton to US customers with contracts based on London Metal Exchange copper prices, two sources... 

South African rand softens amid key local monthly data releases

The South African rand softened in early trade on Friday with investors eyeing the release of monthly economic data from the central bank, revenue service agency and National Treasury. At 0708 GMT,... 

China's overcapacity crackdown reaches copper, but market impact unlikely

China's decision to shelve a series of planned copper smelters is unlikely to have an impact on historically tight markets unless it is followed by more measures to curb output in the world's... 

Canada rolls back climate rules in energy deal with Alberta

Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging... 

AfDB, EIB lend Mauritania $275m for railway upgrade

The African Development Bank (AfDB) and the European Investment Bank (EIB) signed a financing package worth $275-million to help Mauritania upgrade its main railway corridor. Under the agreement,... 

Zimbabwe to hike royalties on gold producers to cash in on recent record prices

Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday. As part of a raft of revenue... 

Platinum prices rise as China launches new futures contracts

Spot platinum prices rose on Thursday as the start of the futures trading on the China's Guangzhou bourse provided support to the overall liquidity for the metal. The contracts are the first... 

China's overcapacity crackdown reaches copper, but market impact unlikely

China's decision to shelve a series of planned copper smelters is unlikely to have an impact on historically tight markets unless it is followed by more measures to curb output in the world's... 

South Africa producer inflation rises to 2.9% y/y in October

South Africa's producer inflation was at 2.9% year on year in October, up from 2.3% in September, statistics agency data showed on Thursday. The Producer Price Index decreased 0.1% month on month... 

Elephant dung DNA reveals hidden forest populations, study shows

There are thousands more endangered African forest elephants than previously thought, thanks to a new counting method using the DNA extracted from their dung, a study showed on Thursday. The... 

Trump says South Africa won't get 2026 G20 invite, South Africa calls it punitive

Donald Trump said South Africa will not be invited to take part in next year's G20 summit in Florida after Washington boycotted the leaders' summit in Johannesburg last week, which the African... 

Comex copper premium here to stay, LME executive says

Copper prices on the US Comex exchange will enjoy a premium over the London Metal Exchange that is likely to persist over the next 18 months, an LME executive said on Thursday, citing uncertainties... 

Australia set to overhaul environment laws in deal with Greens

Australia will overhaul its environment laws in long-awaited reforms after the Greens party agreed to back the centre-left Labor government's legislation on the final day of parliament for the... 

US group sues Apple over Congo conflict minerals

A US-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals linked to conflict and human rights abuses in the Democratic Republic of Congo and Rwanda despite the... 

Proposed Teck-Anglo merger is subject to national security review, Canada says

Canada will submit the proposed merger of Anglo American and Teck Resources to a national security review, Industry Minister Melanie Joly said on Wednesday. Joly also said Ottawa would come to a... 

Trump says South Africa won't get 2026 G20 invite, South Africa calls it punitive

Donald Trump said South Africa will not be invited to take part in next year's G20 summit in Florida after Washington boycotted the leaders' summit in Johannesburg last week, which the African... 

Deutsche Bank raises 2026 gold price forecast

Deutsche Bank on Wednesday raised its 2026 gold forecast to $4 450/oz from $4 000/oz, which it had projected two months ago, citing stabilising investor flows and persistent central-bank demand.... 

Codelco's record China copper offer sparks threats to walk away, sources say

Chilean copper heavyweight Codelco's record high offers to Chinese copper buyers are leading some to declare they will opt out of next year's term contracts as questions grow about the relevance of... 

Mercuria's copper bull forecasts more price records next year

A squeeze in global copper markets will tighten again next year, pushing up prices of concentrate and refined metal to new highs, the head of metals research at commodity trader Mercuria said on... 

European copper smelter Aurubis is rejecting low concentrate offers

Europe's biggest copper smelter Aurubis is comfortable rejecting lowball offers for copper concentrate, an executive said on Wednesday, as tense negotiations over annual contracts for the feedstock... 

Tiger Brands annual earnings jump 31% on strong volume growth

Tiger Brands reported a 31% rise in full-year earnings on Wednesday, driven by strong volume growth and improved operating margins despite muted consumer spending. The owner of Jungle Oats and Koo... 

Barrick committed to Pakistan's Reko Diq copper project, says interim CEO

Barrick Mining remains committed to its Reko Diq copper mine in Pakistan, one of the world's largest undeveloped deposits of the metal, its interim CEO said on Tuesday after reports of a possible... 

US set to narrow its rare earth gap, others not so much

A multi-billion dollar pipeline of rare earth projects around the world is set to partly wean the US off Chinese rare earths, but falls far short of breaking Beijing's grip over the sector for most... 

Barrick to pay $430m to settle Mali gold mine dispute – report

Barrick Mining has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Canadian miner on Monday... 

Ottawa close to uranium deal with India worth $2.8bn, Globe and Mail reports

Canada and India are close to finalizing an export agreement in a deal valued at about $2.8-billion, the Globe and Mail reported on Monday, citing people familiar with the matter. The deal for... 

Chinese copper smelters to face record low fees for 2026

Chinese copper smelters are likely to be forced to accept record low processing fees for next year's term contracts as negotiations over ore supply begin amid a backdrop of tight supply and growing... 

Barrick, Mali government agree to resolve gold mine dispute

Barrick Mining said on Monday it had reached an agreement with Mali's government to resolve all their disputes over the Loulo-Gounkoto gold mining complex after two years of negotiations, sending... 

Mozambique grants 30-year concession to State firms for LNG facilities, pipeline

Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession to build and operate natural gas facilities at the Port of Beira and the smaller... 

UBS raises copper outlook as mine disruptions deepen supply deficits

UBS expects copper prices to rise into next year, citing tightening supply from persistent mine disruptions and strong long-term demand from electrification and clean-energy investment, the bank... 

Freeport Indonesia targets 478 000 t of copper cathode output in 2026

Freeport Indonesia plans to produce 478 000 metric tons of copper cathode and 26 tons of gold in 2026, lower than its initial plan due to an ongoing recovery process following a mud flow accident,... 

BHP must get over Anglo, focus on growth projects, investors say

BHP should move on from Anglo American and focus on its growth strategy, investors said on Monday, after the Australian company's last-minute appeal to the London-listed firm that is nearing a $60... 

COP30 seals uneasy climate deal that sidesteps fossil fuels

Brazil's COP30 presidency pushed through a compromise climate deal on Saturday that would boost finance for poor nations coping with global warming but that omitted any mention of the fossil fuels... 

UAE announces $1bn initiative to expand AI in Africa

The United Arab Emirates said on Saturday it will invest $1-billion to expand AI infrastructure and AI-enabled services across Africa, with the aim of helping countries meet national development... 

South Africa's G20 debt focus to be tested as US takes the chair

The G20's leadership is heading away from the Global South just as debt problems in poorer countries threaten to flare again, testing whether the group's ambitions on debt relief will translate...