Panama President ratchets up nationalism ahead of mine talks

Panama’s President Jose Raul Mulino stepped up nationalist rhetoric toward a shuttered copper mine in the country as his administration prepares to negotiate a potential restart with operator First... 

Codelco-SQM lithium deal on track to close this year after antitrust nod

A landmark lithium deal struck a year ago between SQM and Codelco is on course to be finalized before Chile’s general elections after securing a key antitrust approval. Chile’s competition agency,... 

Calibre Mining shares hit 13-year high after Equinox sweetens takeover offer

Calibre Mining shares jumped to their highest price in 13 years after Equinox Gold sweetened its takeover offer for the Canadian gold producer hours before investors were to vote on the deal.... 

Gold falls from record as Trump stances on Fed, China calm fears

Gold fell for a second day after topping $3 500 an ounce for the first time, as investors booked profits and US President Donald Trump gave conciliatory gestures toward China and his central bank... 

Barrick is cashing in on gold’s record rally with asset sales

For Barrick Gold, one of the world’s top bullion producers, the precious metal’s blistering rally to record prices is looking like a great opportunity to raise some cash as the company looks to... 

Australia’s Labor vows critical minerals reserve on election win

Australia’s Labor party will create a critical mineral reserve if the incumbent government wins the upcoming election, seeking to secure supplies of the crucial materials as global trade headwinds... 

Western investors are piling into gold market after three-year hiatus

Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded... 

Inflation eases to an almost five-year low

South African inflation slowed to an almost five-year low in March, taking it below the floor of the central bank’s target range. The consumer price index rose 2.7% last month from a year earlier... 

US, South Africa to hold trade talks this week – Reports

The US and South Africa will hold a first round of bilateral talks this week after the Trump administration imposed tariffs on goods and amid frayed diplomatic ties, Business Day reported. South... 

Barrick Gold seeks buyers for its last mine in Canada

Barrick Gold is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April... 

BHP prepares to start succession process for mining’s top job

BHP Group is preparing to begin looking for a new chief executive officer in the coming months, with key lieutenants already jostling for position to succeed boss Mike Henry at the top of the... 

Silver lining spied for Africa’s gold exporters, oil importers

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While... 

IMF slashes global growth forecast, says downside risks dominate

The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a... 

Metals billionaire Agarwal seeks mining reboot amid debt overhaul, Saudi push

Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s $11-billion debt pile and... 

Gold surges to record as Trump ramps up threats on Fed’s Powell

Gold rose to an all-time-high, after concern that President Donald Trump could fire Federal Reserve Chair Jerome Powell triggered a flight from US stocks, bonds and the dollar. Bullion climbed as... 

US rare earth miner MP Materials halts exports to China

A US producer of rare earth metals stopped shipments to China after Beijing placed export controls on similar materials crucial for defense and technology manufacturing. MP Materials, which... 

Central banks stare into trade-war abyss with rate cuts primed

Global central banks will mostly stand ready for interest-rate cuts in coming months to cushion their economies from US President Donald Trump’s trade war. Despite flux in implementation, his... 

Turkish nickel bull plans $2bn M&A spree to rival China

Turkish billionaire Robert Yuksel Yildirim is on a $2-billion hunt for nickel mines, betting that the battery metal’s price will rebound and that the West will want those supplies to cut its... 

Asian coal prices fall to fresh four-year low on trade war fears

Asia’s coal price benchmark fell to a four-year low as trade tensions threaten to sap demand, testing levels where miners shut more production. Australian Newcastle futures declined to $94.25 a... 

Iron-ore miners in rocky start to year as tariff turmoil begins

The world’s biggest iron-ore miners face a difficult start to the year, after extreme weather impacted production and as their biggest customer China braces for a trade war. This week, BHP Group,... 

South African court ends R8bn rail contract in anti-graft push

A South African court set aside an R8-billion contract between the State rail operator and a company that’s now a unit of Wabtec Corp for 233 diesel locomotives, part of a long-running crackdown... 

Alcoa reports $20m tariff hit on imports from Canada

Alcoa, the largest US aluminum producer, said President Donald Trump’s 25% tariff on metal imports has cost the company $20-million since the duties went into effect. The Pittsburgh-based company... 

Indonesia hikes mining royalties in bid to fund Prabowo policies

Indonesia has raised the royalty rate to be paid by nickel, tin and other metal producers as the government searches for ways to fund President Prabowo Subianto’s ambitious but costly priority... 

ANC lags DA in new voter opinion poll

Support for the African National Congress, which ruled South Africa outright for three decades after apartheid rule ended, has slipped further since it lost its parliamentary majority in last... 

Mineral Resources tumbles after two governance directors quit

Mineral Resources shares fell more than 7% after two board members overseeing corporate governance resigned. Jacqueline McGill, who joined the board in early 2024, and Susie Corlett, a member... 

Chile, Canada and Peru push back against Trump's copper tariff probe

Chile, Canada and Peru - three of the largest copper suppliers to the United States - have told President Donald Trump's administration that imports of the metal from their countries do not... 

Gold climbs to record as expanding trade war aids haven demand

Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens. Bullion climbed above $3 248 an ounce for the... 

Peabody holds off private debt refinancing of $2.1bn loan

Coal mining company Peabody Energy has held off seeking a $500-million private debt, which would help refinance an acquisition loan after the planned deal was put under review, according to people... 

US copper industry seeks export curbs instead of import tariffs

Major players in the US copper industry have called on President Donald Trump to restrict exports of ore and scrap metal rather than imposing tariffs on imports, in his efforts to boost domestic... 

Copper traders, manufacturers discuss funding for Chile smelter

Chile’s Enami is in talks with manufacturers and trading firms interested in financing a $1.4-billion-plus smelting project as the top copper-mining nation looks to arrest a drop in processing... 

China’s commodities imports shrink bar oil as trade woes worsen

China’s commodities imports mostly fell year-on-year in March, the last full month before the Trump administration choked off bilateral trade by imposing punitive levies on Chinese goods. With the... 

Deadly landslide in Indonesia’s nickel hub signals supply risk

A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the... 

Goldman puts $4 000 gold on the agenda as hunt for havens grows

Goldman Sachs Group and UBS Group issued another round of bullish calls for gold, with stronger-than-expected central bank demand and the metal’s role as a hedge against recession and geopolitical... 

Gold slips from record as Trump tariff agenda stays in spotlight

Gold edged down from a record as markets weighed the latest US trade news from President Donald Trump, who has driven a flight to safety assets amid mounting confusion over his tariff agenda.... 

South Africa’s top lender plans private bank for Ghana’s wealthy

A unit of FirstRand, South Africa’s biggest bank by market capitalisation, plans to set up private banking services in Ghana and bolster its offerings in four other markets to tap the continent’s... 

Rare earths miner Lynas climbs as trade war roils global markets

Lynas Rare Earths, backed by Australia’s richest person Gina Rinehart, has been the most resilient stock on the country’s index since the market turmoil started last week. Since US President... 

Trade war risks copper investments needed to meet future demand

The copper industry is turning attention to how the escalating trade war between the world’s biggest economies will affect investments needed to meet future demand for the wiring metal. US... 

Chinese rare earth shipments held up as trade war upends exports

Chinese exports of rare-earth minerals are all but on hold as producers grapple with tighter permit requirements following last week’s new restrictions on the critical materials in an escalating... 

Australian billionaire to face deposition in Tudor Jones suit

Australian mining billionaire Andrew “Twiggy” Forrest was ordered to sit for a seven-hour deposition as his US legal battle intensifies with hedge fund mogul Paul Tudor Jones II over a soured green... 

Zimbabwe debt woes grow as State mining firm faces asset seizure

A State-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a debt incurred when it lost an international arbitration case over...