Anglo American, Teck merger heading for EU antitrust approval

The proposed merger of London-listed miner Anglo American and Canada's Teck Resources is heading for antitrust clearance in Europe after EU regulators signalled the absence of competition concerns,... 

Trump, Congress move to undo Biden-era ban on mining in northern Minnesota

The Trump administration and US Congress are launching a plan this week to overturn former President Joe Biden's mining ban in northern Minnesota and prevent future administrations from taking... 

Glencore and Rio Tinto hold buyout talks to create $207bn mega-miner

Glencore and Rio Tinto, said late on Thursday they were in early buyout talks that could potentially create the world's largest mining company with a combined market value of nearly $207-billion.... 

Lundin Gold expects steady Ecuador mine annual output through 2028

Lundin Gold expects to produce between 475 000 oz/y and 525 000 oz/y of gold from 2026 to 2028 at its Fruta del Norte mine in Ecuador, CEO Jamie Beck told reporters on Wednesday. The projected... 

Strike continues at Capstone Copper's Mantoverde mine after negotiations fail

A workers' strike at Capstone Copper's Mantoverde mine in northern Chile will continue after negotiations between the company and the union failed, the union said on Wednesday. The union in a... 

Perth Mint's December gold, silver sales slip versus November

The Perth Mint's gold product sales fell 46.2% in December from the previous month, while silver sales slipped more than 31% during the same period, the refiner said on Thursday. The Perth Mint,... 

AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says

Growth in the artificial intelligence and defence sectors will boost global copper demand 50% by 2040, but supplies are expected to fall short by more than 10-million metric tons annually without... 

Indonesia to set 2026 coal output quota at around 600 million tons, will adjust nickel quota, minister says

Indonesia may approve a coal output quota of "more or less" 600 million metric tons in 2026 and will adjust its nickel quota according to the industry's needs, Energy and Mineral Resources Minister... 

South African rand dips while investors await manufacturing data

The South African rand slipped in early trade on Thursday, tracking most emerging market assets ahead of the release of a local purchasing managers' index (PMI) and November production figures for... 

African States, business groups eyeing stake in De Beers, CEO says

De Beers has attracted interest from several business groups and African governments as parent Anglo American looks to offload its stake in the firm, the diamond giant's CEO told Reuters. Botswana,... 

Brazil's iron-ore exports hit annual record in 2025

Brazilian iron-ore exports grew 7.1% in 2025 compared to the previous year, reaching a record 416.4-million metric tons, data from the Ministry of Development, Industry, Trade and Services showed... 

Miners drive Australian shares higher; inflation comes under forecasts

Australian shares rose on Wednesday, with miners leading gains on strong commodity prices, while consumer prices increased by less than forecast in November in a sign that inflation may be cooling... 

Iron-ore rallies to multi-month high on China's pledge of easing monetary policy

Iron-ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing's pledge of easing monetary policy this year.... 

China's top diplomat heads to key strategic points in Africa

China's top diplomat began his annual New Year tour of Africa on Wednesday, with a focus on the strategically important east, as the world's No.2 economy seeks to reinforce its influence on the... 

Oil prices firm as investors weigh supply outlook and Venezuelan uncertainties

Oil prices rose on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output after the US capture of President Nicolas Maduro.... 

G7 finance ministers to meet in Washington to discuss rare earths, three sources say

Finance ministers from the Group of Seven nations will meet in Washington on January 12 to discuss rare earths supplies, three sources familiar with the matter said on Tuesday. One of the sources... 

Morgan Stanley forecasts gold at $4 800 by the fourth quarter of 2026

Morgan Stanley forecast gold would hit $4 800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal... 

Nigeria's Dangote oil refinery says fuel supply intact amid maintenance

Nigeria's 650 000 bL/D Dangote refinery has dismissed reports of a shutdown, saying production remained stable and uninterrupted despite ongoing maintenance. Africa's largest oil refinery said late... 

Kawasaki signs deal to build world's largest liquefied hydrogen carrier

Japan's Kawasaki Heavy Industries said on Tuesday it has signed a contract with Japan Suiso Energy to build the world's largest liquefied hydrogen carrier with a capacity of 40 000 cubic metres.... 

US awards $2.7bn worth of orders to boost uranium enrichment

The US Energy Department announced on Monday it was awarding orders totaling $2.7-billion to three companies to boost domestic uranium enrichment over the next ten years in a broader effort to... 

Suspected jihadists attack Mali's Morila mine

Suspected jihadists attacked the Morila gold mine in Mali at the weekend, burning equipment and taking seven employees hostage before releasing them, an official from the mining ministry told... 

South African rand gains on softer dollar; traders eye business activity PMI

South Africa's rand strengthened in early trade on Tuesday ahead of the release of a business conditions purchasing managers' index, as the US dollar weakened following dovish comments from Federal... 

Indonesian miners can produce 25% of proposed 2026 output in Q1 while applications are assessed, local media says

Indonesia's mining ministry said miners could produce 25% of their proposed 2026 output in the first quarter while the government processes their annual production quota plans, local media... 

Trump's Venezuela gambit tests investor appetite for geopolitical risk

Markets may have shrugged off the audacious US capture of Venezuelan President Nicolas Maduro, but some investors warn that geopolitical risks are perhaps being underestimated after Donald Trump... 

South African rand steady after Venezuela shock

The South African rand was steady in early trade on Monday, as investors considered the implications of US military action in Venezuela, escalating geopolitical tensions and lifting safe-haven... 

Energy storage boom strengthens demand outlook for beaten-down lithium

A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply. The lithium market has been... 

Australian shares flat as mining gains counter consumer, tech losses

Australian shares were trading flat in early deals on Monday, as gains in heavyweight miners on the back of strong metal prices countered losses in consumer discretionary and tech stocks. The... 

Iron-ore starts New Year higher on strong demand, tight supplies

Iron-ore futures edged higher on Monday, beginning the New Year on a firm note, supported by strong Chinese demand and ongoing supply constraints. The Dalian Commodity Exchange (DCE) and the... 

OPEC+ keeps oil output steady amid turmoil among members

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members. Sunday's meeting of eight members... 

Petrol, diesel pump prices to fall in January

South Africa's government said on Sunday the petrol pump price would fall by up to 66c a litre and the diesel price would decrease by up to 150c a litre from January 7. South Africa's fuel prices... 

Namib Minerals to restart mothballed Zimbabwe gold mine in February

Namib Minerals will restart operations at its mothballed Redwing gold mine in February as part of the company's broader $300-million investment plan in Zimbabwe, its chief executive said on... 

Chilean regulator to launch 'unprecedented' audit of Codelco-SQM lithium deal

Chilean Comptroller's Office said on Friday that it will launch an "unprecedented" audit of the lithium agreement between state copper giant Codelco and local producer SQM. In a statement, the... 

Peabody Energy CEO Grech to retire in 2028, stay on as adviser until 2030

Peabody Energy's James Grech will retire on May 15, 2028 and remain with the firm as an adviser until 2030 under a transition agreement aimed at ensuring leadership continuity, the US-based coal... 

Botswana's economy seen shrinking almost 1% in 2025 due to diamond sector woes

Botswana's government now forecasts an economic contraction of almost 1% this year as its key diamond sector continues to struggle, its finance minister said in a budget review on Friday. When the... 

Barrick Mining officially resumes operational control of Mali mine, memo shows

Canada's Barrick Mining has officially resumed operational control of its Mali gold mine, according to a company memo seen by Reuters. Barrick will resume production gradually and will focus on... 

Gold bonanza as Australia revises resource export earnings up 4%

Australia on Friday revised its expected resources earnings up 4% to A$383-billion for the current financial year thanks to record gold prices, resilient iron ore prices and the failure of its... 

White South Africans could get Trump biography for kids in refugee welcome packet

White South Africans coming to the US as refugees could get a biography of President Donald Trump for children as part of a welcome packet proposed last week by an administration official, emails... 

Perfect storm of factors propels silver to record high above $65/oz

Robust investment demand for silver, its inclusion on the US critical minerals list, and a wave of momentum buying have propelled the white metal to a fresh record high, setting prices up to close... 

South African rand steady ahead of producer inflation data

The South African rand was steady in early trade on Thursday, as investors await producer inflation data for clues on the health of Africa's most-industrialised economy.  At 0649 GMT, the rand... 

Mass layoffs overshadow Guinea's Simandou mega mine as output accelerates

Guinea's Simandou mega mining project, promoted by the military government as a symbol of the country's economic transformation, is laying off thousands of workers just as it begins exporting...