Niger security forces search Orano offices and seize phones, sources say

Security forces in Niger have searched the offices of uranium miner Orano's local subsidiaries, seizing phones and equipment, two sources told Reuters on Tuesday, months after the French company... 

Rand flat with global focus on US rate decision

The South African rand was little changed in early trade on Wednesday, as global investors focused on an interest rate decision by the US Federal Reserve later in the day. At 0650 GMT, the rand... 

Prices of aerospace material tantalite hit two-year highs on Congo unrest

Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that... 

Mosaic beats first-quarter profit estimates on South America business strength

Fertilizer producer Mosaic beat Wall Street expectations for first-quarter profit on Tuesday, driven by strength in its South America business. Shares of the company rose more than 2% after the... 

Lynas CEO says company is eyeing rare earths buys in Malaysia, Brazil

Lynas Rare Earths is eyeing potential purchases of rare earths deposits in Malaysia and Brazil and plans to work with early-stage developers to help bring their mines online, its CEO Amanda Lacaze... 

Safe-haven demand lifts gold to two-week peak, focus on Fed meet

Gold prices rose to a two-week high on Tuesday, as tariff threats from US President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was... 

South African business activity stabilises as S&P PMI hits neutral mark

South Africa's private sector showed signs of stabilisation in April, emerging from a four-month downturn as sales picked up slightly and supply chains strengthened, a survey showed on Tuesday. The... 

Fortuna eyes Guinea investments after Burkina Faso exit, CEO says

Canada's Fortuna Mining is eyeing expansion into Guinea after exiting Burkina Faso, where it faced regulatory instability and high security costs because of jihadist threats, its CEO told Reuters.... 

Gold to continue outperforming silver, Goldman Sachs says

Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price... 

Adani Enterprises fourth-quarter profit drops on coal trading weakness

India's Adani Enterprises, the flagship company of the Adani Group, reported a drop in fourth-quarter profit on Thursday, hurt by weaker performance at its coal trading division. The company's... 

US Ex-Im Bank votes to reverse ban on overseas coal lending

The board of the US Export-Import Bank unanimously voted on Thursday to reverse a years-long restriction on lending to coal projects overseas, reflecting President Donald Trump's agenda that calls... 

South African factory mood sours sharply in April, Absa PMI shows

A gauge of South African manufacturing sentiment dropped sharply in April, with survey respondents citing uncertainty linked to global trade tensions and local politics. The seasonally-adjusted... 

Anglo American shareholders approve demerger of South African unit Amplats

Global miner Anglo American said on Wednesday that shareholders have approved the demerger of its South African unit, Anglo American Platinum (Amplats), along with the company's share... 

US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals

The US is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment... 

Australia boasts rare trade surplus with US on gold frenzy

Australia has boasted its best three-month run of exports to the United States as President Donald Trump's tariff policies sparked a rush to buy gold, turning a rare US trade surplus into a... 

Northern Graphite plans to put Quebec mine on care and maintenance

Canadian miner Northern Graphite will put its Quebec plant under care and maintenance, effectively stopping production at North America's only graphite producing facility, by the end of 2025 if the... 

Albemarle CEO says 'math doesn't work' for US lithium refinery project

Albemarle's stalled plans to build the largest US lithium refinery remain on hold due to the ongoing global glut of the battery metal that has dragged down market prices, the company's CEO told... 

Ghana secures deal with nine more gold miners to buy 20% of their output

Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase programme meant to... 

Presidency confirms probe into alleged suppression of justice in apartheid-era killings

President Cyril Ramaphosa is setting up a judicial commission of inquiry to establish whether attempts were made to prevent the investigation or prosecution of apartheid-era crimes, his office said... 

China's Zijin Mining eyes gold unit spin-off and listing

China's Zijin Mining said on Wednesday it plans to spin off its unit, Zijin Gold International, and list it on the Hong Kong bourse as part of a reorganization of its overseas gold assets. This... 

Record gold prices help keep China's copper smelters going despite losses

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 

Zambia copper production up 30% year on year in the first quarter, minister says

Zambia's copper production was up about 30% on the previous year in the first quarter of 2025, reaching roughly 224 000 metric tons from around 173 000 metric tons in the first quarter of 2024,... 

Growing BRICS group shows internal rifts as ministers fall short of joint statement

Foreign ministers from the BRICS group of developing nations failed to agree on a joint communique on Tuesday, highlighting differences within the fast-growing diplomatic bloc, while the chair... 

American Battery Technology receives $900m loan interest for lithium mine project

American Battery Technology said on Tuesday it has received a letter of interest from the US Export-Import Bank (EXIM) for $900-million in financing to support the construction of its Nevada-based... 

Vale checking alternatives for nickel assets amid challenging scenario

Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term... 

Billionaire investor John Paulson sees gold near $5 000 by 2028

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 

Belgium open to bigger role in Congo minerals sector, foreign minister says

Belgium is open to deeper involvement in Democratic Republic of Congo's minerals sector, its foreign minister said on a visit to the former Belgian colony, which is seeking to diversify its... 

Burkina Faso to nationalise more industrial mines, PM says

Burkina Faso plans to take control of more foreign-owned industrial mines, the country's prime minister said, as the West African country seeks a bigger share of revenue from its national... 

Will Africa's financial stability fund rise to the debt challenge?

Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability mechanism, its finance minister said, to cushion economies from sliding... 

Costs for climate disasters to reach $145bn in 2025, says Swiss Re

Hurricanes, storms, floods and other natural disasters may cause $145-billion in insured losses in 2025, nearly 6% up from 2024 and one of the costliest years on record, reinsurance company Swiss... 

Rand slips as investors wait for another revised budget

The South African rand weakened slightly in early trade on Tuesday as investors waited for the finance minister to say when he will present another revised national budget. Finance Minister Enoch... 

Woodside approves $17.5bn US LNG project, targets 2029 start

Australia's Woodside Energy announced on Monday it has approved a $17.5-billion investment for the construction of a liquefied natural gas (LNG) plant in Louisiana. It is the first financial... 

Fortescue bucks weather woes to post higher Q3 iron-ore shipments

Australian miner Fortescue posted higher third-quarter iron-ore shipments on Thursday in line with analyst expectations, as output recovered from a train derailment in the same quarter a year... 

Whitehaven warns weather to drive coal prices higher as quarterly output falls

Australia's Whitehaven Coal warned on Tuesday that weather conditions would put pressure on both metallurgical and thermal coal prices in the near term, while reporting a 5% sequential decline in... 

BRICS nations discuss shared response to Trump trade policies

Foreign ministers from the BRICS group of developing nations met on Monday to discuss a shared defence of the global trade system, coordinating their response to the barrage of new tariffs from US... 

Burkina Faso grants mining lease to Russia's Nordgold for gold project

Burkina Faso has granted an industrial mining licence to Russian miner Nordgold for a gold project, the military-led West African government said, aiming to capitalise on record-high gold prices to... 

Barrick Gold contractors in Mali lay off staff amid government dispute – documents, sources

At least four subcontractors employing several hundred people at Barrick Gold's complex in Mali are laying off staff following a two-year dispute between the Canadian miner and the state, according... 

South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll

South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with US President Donald Trump having paused a 31% tariff for 90 days imposed on... 

Global refined zinc and lead markets face 2025 surplus, ILZSG says

The global refined zinc and lead market will be in surplus this year, the International Lead and Zinc Study Group (ILZSG) said on Friday. The group expects that global supply of refined lead will... 

Hindustan Zinc reports higher profit on jump in prices, production

Hindustan Zinc, the world's third-biggest zinc producer, reported a jump in fourth-quarter profit on Friday, supported by higher production and rising prices of the metal. The company's...