Vale Indonesia to seek up to $1.2bn financing in 2026/27, official says

Nickel miner Vale Indonesia plans to seek between $1-billion and $1.2-billion in financing over 2026-2027 to help fund its mine and smelter projects, Andaru Brahmono Adi, head of corporate finance... 

G20 finance chiefs approach consensus in South Africa despite US tariff tensions

Finance chiefs of G20 countries were close to agreeing a common position on trade and other global challenges on Friday, which would be the first since US President Donald Trump's election victory... 

Boliden's earnings miss expectations as weakening dollar bites

Boliden's operating earnings fell more than analysts had expected in the second quarter, the Swedish miner reported on Friday, as the weakening of the US dollar had a greater impact than... 

Canada eyes Mercosur trade pact to reduce US reliance, Minister says

Canada's International Trade Minister said on Thursday that there was interest from both sides to advance trade talks with South American bloc Mercosur, as Ottawa seeks new deals in a push to... 

Chile will hold meeting with copper industry next Tuesday to discuss US tariffs, Minister says

Chile will hold a meeting with members of the country's copper industry next Tuesday to discuss the impacts of tariffs from the United States, Mining minister Aurora Williams said on Thursday.... 

US eyes 'back to basics' revamp of G20 when it assumes presidency next year

The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency from South Africa, sources familiar with the Trump... 

Burgundy Diamonds lays off employees in Canada as diamond prices tank

Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a... 

Spain's Zelestra aims to power Peru mines with $1 billion renewables investment

Spain's Zelestra plans to invest at least $1-billion in renewable energy plants over the next five years powering mines in copper-rich southern Peru, the company's CEO for Latin America told... 

US Commerce Dept sets 93.5% anti-dumping tariff on Chinese anode graphite

The US Commerce Department said on Thursday it will impose preliminary anti-dumping duties of 93.5% on anode-grade graphite imported from China after concluding that the materials, which are a key... 

Argentina mining exports to top $5bn in 2025 despite lithium struggles, industry body says

 Argentina's mining exports will exceed $5-billion in 2025 as rising gold prices more than offset the decline in lithium prices, said the president of the Argentine Chamber of Mining Companies... 

Low water hinders Rhine river shipping in Germany despite rain

Low water levels following dry weather continue to hamper Rhine river cargo shipping in Germany, with rain in past days causing only a moderate rise in water levels, commodity traders said on... 

G20 finance chiefs to meet under tariff cloud in South Africa

G20 finance chiefs will meet in South Africa on Thursday under the shadow of President Donald Trump's tariff threats and questions over their ability to tackle global challenges together. The club,... 

Tin shipments from Myanmar's Wa State due to resume, tin group says

Tin shipments from Myanmar's Wa State are expected to resume in coming months after a nearly two-year-old ban, the International Tin Association said on Wednesday. Speculation by traders this week... 

Canada announces steel tariffs on some trade partners to protect domestic industry

Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic... 

Zimbabwe aims to break ground for $270m new lithium plant this year

Zimbabwe's Kuvimba Mining House will begin construction of a $270-million lithium concentration plant at its Sandawana mine in the third quarter of this year, with commissioning expected in early... 

Trump's tariffs put 100 000 jobs at risk in South Africa, Kganyago says

US President Donald Trump's tariffs on South Africa could cause around 100 000 job losses, with the agriculture and automotive sectors hardest-hit, central bank governor Lesetja Kganyago said on... 

Zimbabwe's Kuvimba revises platinum mine plan as prices rebound

Zimbabwe's Kuvimba Mining House will develop its Darwendale platinum project as an openpit rather than the previously planned underground mine, CEO Trevor Barnard said, speeding up the delayed... 

Aura Minerals plans to raise over $196m in US IPO

Canadian gold and copper miner Aura Minerals said on Tuesday it plans to raise about $196.4-million from its US initial public offering. The company had said last week that it was preparing to... 

Issues on the agenda at the G20 finance meeting in South Africa

Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to withdraw from multilateral organisations. President Cyril... 

Iron-ore rises on improving China-Australia ties

Iron-ore futures climbed on Wednesday, buoyed by strengthening ties between top producer Australia and leading consumer China, though gains were capped by concerns over persistent weakness in... 

BHP says too costly to build Australian green iron industry as PM seeks China collaboration

Major miner BHP has said it is too costly for Australia to build a "green iron" industry after the country and China agreed this week to jointly work to decarbonise the steel supply chain,... 

Indigenous groups ask Chile court to pause community review of Codelco-SQM lithium deal

Two Indigenous groups in northern Chile have asked a local court to suspend a state-led community review process that is required for a lithium partnership between copper giant Codelco and lithium... 

Nine Canadian First Nations launch constitutional challenge of major-projects legislation

Nine First Nations have launched a constitutional challenge of recently passed legislation meant to fast-track major projects, arguing they violate the government's constitutional obligations to... 

Informal miners lift blockades along Peru's key copper route, protest leader says

Informal miners in Peru have paused their more-than-two-week-long protest that blocked a major copper transit route, one of the protest leaders, Luis Huaman, told Reuters on Tuesday. He said they... 

Namib Minerals plans to spend $300m to restart Zimbabwe mines

Namib Minerals plans to spend $300-million to restart operations at two of its mothballed gold mines in Zimbabwe and lift production, its chief executive Ibrahima Tall told Reuters on Tuesday.... 

Newmont CFO resigns, insider named interim finance chief

Gold miner Newmont said on Monday its CFO Karyn Ovelmen has resigned and named insider Peter Wexler as interim CFO until a permanent successor is selected. Wexler previously served as chief legal... 

Bessent no-show, Brics tensions set to cast shadow over Durban G20 meeting

Another no-show by US Treasury Secretary Scott Bessent, Donald Trump's tariff threats and rising tensions between Washington and Brics countries all look set to overshadow this week's meeting of... 

Australia and China call for more dialogue, cooperation at leaders' meeting

China is ready to work with Australia to deepen bilateral ties, President Xi Jinping said during a meeting with Australian Prime Minister Anthony Albanese on Tuesday in Beijing. The meeting... 

China's first-half coal output rises 5% on the year

China's coal output in the first six months of the year rose 5% on the year, data from the statistics bureau showed on Tuesday, as authorities focus on ensuring sufficient supply of the fuel as... 

Alcoa sees up to $110m loss as Spain aluminium smelter restart delayed

Alcoa said on Monday it expects to complete the restart of its San Ciprian aluminium smelter in Spain by mid-2026 and anticipates up to $110-million in losses due to the delay. Production at the... 

Australia PM touts green steel as iron-ore miners meet Chinese steelmakers

Australia and China should cooperate more closely over green steel, Prime Minister Anthony Albanese said in Shanghai on Monday, even as he called on the world's largest steelmaker to address excess... 

China's June coal imports sink to more than two-year low

China's June coal imports fell to the lowest monthly level in over two years, General Administration of Customs data showed on Monday, as the country's miners ramped up domestic production to... 

China's rare earth exports jump in June in sign of trade war relief

China's rare earths exports rose 32% in June from the month before, customs data showed on Monday, in a potential sign that agreements reached last month to free up the flow of the metals are... 

MMG, Hudbay warn Peru production at risk amid wildcat protests - sources

MMG and Hudbay Minerals executives met with Peru's cabinet chief Eduardo Arana on Thursday to warn that production at their copper mines could be affected if a two-week protest by informal miners... 

Ecuador, Codelco claim victory over Llurimagua mining arbitration

The Ecuador attorney general's office and Chilean state miner Codelco both claimed victory on Friday after an international arbitration court ordered Ecuador to pay some $25=million of a... 

Ramaphosa removes police minister over criminal link allegations

President Cyril Ramaphosa placed police minister Senzo Mchunu on immediate leave of absence on Sunday, following accusations by a top police official that he had colluded with a criminal syndicate... 

China rejects EU condemnation over rare earth controls

China urged the European Parliament to stop politicising trade and economic issues and applying double standards on export controls, its mission to the European Union said on Friday. The remarks... 

How a US mission to push a Trump deal in Congo unravelled

An Israeli-American businessman, a former State Department official and a decorated Green Beret pitched up in the Democratic Republic of Congo in March with a message for President Felix Tshisekedi... 

First Quantum says Prospect investment key to Zambia copper expansion

First Quantum Minerals' recent investment in Prospect Resources is key to the extension of mine life at Zambia's Sentinel mine, FQM's country director Anthony Mukutuma said on Friday. The... 

Shell gets permission to drill off South Africa's west coast

Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday. The oil major applied for authorisation last year...