Iron-ore extends gain as Goldman Sachs lifts fourth-quarter price forecast

Prices of iron-ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth quarter of this year to $95 a metric ton from $90 a... 

South African rand weaker before PMI survey, US data

South Africa's rand weakened in early trade on Wednesday ahead of the release of a purchasing managers' index survey and as global markets awaited the release of key US data for further clues on... 

Looming Fed rate cuts fuel gold price bonanza to records

Gold's latest rally, triggered by expectations of US rate cuts, concerns about Federal Reserve independence and strong demand from investors as well as the central bank, is likely to propel prices... 

La Nina may affect weather from September, says WMO

A return of La Nina may start to affect global weather patterns from September, the World Meteorological Organization (WMO) said on Tuesday, adding, however, that temperatures are still likely to... 

Dollar inches up as gold hovers near record high of $3 508/oz

The US dollar clawed back some ground in Asian trading on Tuesday following five days of selling, ahead of the return of US traders from the Labor Day holiday. The dollar index was last up 0.2% at... 

World Bank urges fresh push on economic threat of pollution

Degraded land, polluted air and water stress pose a direct global economic threat but using natural resources more efficiently could cut pollution by half, one of the World Bank's senior managing... 

South African rand softens as dollar inches up

The South African rand softened in early trade on Tuesday ahead of the return of US traders from the Labor Day holiday. At 0611 GMT, the rand traded at 17.6450 against the dollar, about 1% weaker... 

Glencore plans job cuts at South African ferrochrome and vanadium operations

Glencore said on Monday that a retrenchment process has been initiated at its joint-venture Rustenburg ferrochrome smelter and vanadium operations in South Africa as significant economic pressures... 

China's August coal imports hit 8-month high, still below year-ago levels

China's coal imports hit an eight-month high in August, customs data showed on Monday, supported by higher domestic prices, although volumes remained below the levels seen a year earlier. The... 

South African rand steady before manufacturing PMI and car sales figures

The South African rand was stable in early trade on Monday, before the release of a purchasing managers' index (PMI) survey for the local manufacturing sector and vehicle sales data. At 0539 GMT... 

Energy exec tasked with speeding up project approvals in Canada

Canada named senior energy industry executive Dawn Farrell on Friday to lead a new office designed to fast-track the review and approval of natural resources projects such as mines and pipelines, a... 

South Africa launches G20 taskforce to examine global wealth inequality

South African President Cyril Ramaphosa on Thursday launched a G20 experts taskforce to examine global wealth inequality and its impact on growth, poverty and multilateralism – the first initiative... 

US-backed TechMet's new trading unit to boost ex-China critical mineral flows

US government-backed investment vehicle TechMet is launching a trading arm for critical minerals to specialise in the burgeoning market for Western supplies of materials in which China is dominant,... 

US energy data agency, after staff cuts, delays reports on uranium, international outlook

The US government's energy statistics arm, which has experienced staff cuts this year, said on Thursday it will delay publishing key energy data on uranium as well as its international outlook this... 

Cameco flags 2025 production hit amid McArthur River mine transition delays

Canadian uranium supplier Cameco said on Thursday the development delays in transitioning the McArthur River mine in Saskatchewan to new mining areas are expected to impact its 2025 production... 

Codelco-SQM lithium deal to close before Boric's 2026 exit

Chile's newly appointed Economy Minister Alvaro Garcia expects state-run copper producer Codelco and local miner SQM to finalise a major lithium partnership deal before the current administration... 

South African rand little changed after local producer inflation figures

The South African rand was little moved on Thursday after the release of higher-than-expected domestic producer inflation figures. At 1045 GMT the rand traded at 17.6625 against the dollar, near... 

Polyus' first-half profit jumps 20% on high gold prices

ussia's largest gold producer Polyus posted a 20% year-on-year jump in first-half profit to $1.4-billion on Wednesday, reflecting high global prices that offset reduced sales. The company's board,... 

China is capping coal production to support prices, top miner and analysts say

China has placed curbs on coal production following an unexpected supply increase in the first half of the year that weighed on prices, according to an official of a major mining firm and... 

Why the egusi? A Nigerian melon seed's journey into space

When Nigerian researcher Temidayo Oniosun chose a melon seed called the egusi to send up on a space mission, it wasn't just about science - it was about symbolism. The egusi, a staple in many West... 

'Jaw-droppingly weird' dinosaur from Morocco was studded with spikes

Around 165-million years ago on a coastal floodplain in what is now Morocco lived one of the most extreme dinosaurs on record, lavishly adorned with armor and spikes - some about three feet (one... 

KoBold Metals granted seven Congo lithium exploration permits

KoBold Metals, the mining company backed by US billionaires Jeff Bezos and Bill Gates, has received seven permits to search for lithium and other minerals in the Democratic Republic of Congo, it... 

Escondida mine union warns of self-driving truck accidents

Two recent accidents involving autonomous trucks are raising safety concerns, a workers' union at BHP's Escondida mine in Chile, the world's largest copper mine, said in a statement on Wednesday.... 

Hudbay Minerals resumes operations in Snow Lake after evacuation orders lifted

Canadian mining company Hudbay Minerals on Wednesday said it has resumed operations in Snow Lake, Manitoba, following the decision made by the authorities to lift the mandatory evacuation order on... 

Lynas flags uncertainty over Texas rare earths plant, posts profit slump

Australia's Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported a steeper-than-expected drop in its annual... 

South32 sees limited risk of Indonesia replicating nickel success in alumina

Australian diversified miner South32 is closely watching alumina developments in Indonesia to see whether they will drag down prices in the global market the same way its nickel industry has, CEO... 

Kyrgyzstan begins mining gold at Kumtor deposit after nationalisation

Kyrgyzstan on Wednesday began underground gold mining at Kumtor, one of the largest deposits in Central Asia, which the government said could hold as many as 147 metric tons of gold reserves.... 

Hochschild slashes gold production forecast from Brazilian mine, shares plummet

Britain's Hochschild Mining slashed full-year production forecast for its Mara Rosa mine by more than half on Wednesday, months after a shutdown due to lacklustre gold output, sending shares down... 

Freeport Indonesia to wrap up Gresik plant repairs by early September

Copper miner PT Freeport Indonesia expects to complete in early September repair work at its joint-venture smelter in East Java, a company spokesperson said on Wednesday. Repairs at an oxygen... 

South African rand weakens as dollar firms

The South African rand slipped on Wednesday, as the dollar made a tentative rebound, while concerns lingered over the independence of the US Federal Reserve. By 0925 GMT the rand was trading at... 

Australia's TerraCom to pay about $5m fine for whistleblower protection breach

Australia's corporate regulator fined TerraCom on Wednesday a penalty of A$7.5-million ($4.87-million) after the coal miner breached whistleblower protections. The Australian Securities &... 

EU auto groups press for change to 'no longer feasible' car emission targets

EU targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers' and automotive suppliers'... 

Canada and allies to explore funding critical mineral projects, Minister says

Canada is working with its allies to potentially fund critical mineral transactions, similar to what the US government did with MP Materials to diversify the supply chain from China, Energy and... 

Fortescue sticks to green iron in long-term vision

Australia's Fortescue reported its smallest full-year profit in six years, in line with analyst estimates, on Tuesday and lowered its dividend payout while reaffirming its commitment to its green... 

South African rand flat ahead of leading indicator data

The South African rand was little moved in early trade on Tuesday, ahead of the release of local central bank data that will shed light on the country's economic outlook. At 0536 GMT the rand... 

Sasol seeks to soften US tariff blow on South African exports

South African petrochemical firm Sasol is working to contain the impact of higher tariffs on its chemical exports to the US, Chief Financial Officer Walt Bruns said on Monday, saying they could... 

China's commissioning of coal power at 9-year high in first half, report says

China commissioned 21 gigawatts (GW) of coal power plant capacity in the first half of 2025, a new report found on Monday, the highest since 2016 even as the country is building record amounts of... 

Iron-ore hits over one-week high as Rio Tinto suspends work at Guinea mine

Iron-ore futures touched a one-week high on Monday as Rio Tinto suspended activity at its Simandou project in Guinea following an incident, raising fears of a potential delay in production start at... 

Indonesia cancels requirement to use benchmark prices in minerals, coal sales

Indonesia has scrapped a requirement to use government benchmark prices as the floor price in minerals and coal sales, a mining ministry decree reviewed on Monday showed. Issued earlier this... 

Sasol swings to profit on higher chemical prices, lower writedowns

South African petrochemical firm Sasol said on Monday it swung to an annual profit on the back of higher chemicals prices, tighter cost controls and lower asset writedowns. The company, which...