Bowen Coking Coal narrows half-year loss

Australian miner Bowen Coking Coal has reported a significantly improved financial performance for the first half of 2025, narrowing its loss to A$8.7-million, a substantial reduction from a... 

US approves expansion of Montana coal mine

The Trump administration approved a plan to expand a Montana coal mine and extend its life by 16 years, the Interior Department said on Thursday, a move aligned with President Donald Trump's goal... 

EU announces €4.7bn investment package for South Africa

EU leaders announced a €4.7-billion investment package during a visit to South Africa on Thursday, at a time when both are on worse terms with the United States than they have been for decades. The... 

Southern African bloc to withdraw troops from Congo in phases

The Southern African Development Community said on Thursday that a summit of regional heads of state had terminated the mandate of its troop deployment in the Democratic Republic of Congo and... 

Potash miner K+S beats 2024 core profit forecast

German potash and salt miner K+S beat 2024 core profit expectations on Thursday as higher sales volumes from agriculture customers helped to offset lower potash prices. The group reported earnings... 

Workers sign petition for collective bargaining at Rio Tinto's Pilbara mine

Australia's Western Mine Workers Alliance (WMWA) said on Thursday that more than 400 workers at Rio Tinto's Paraburdoo iron-ore mine in Pilbara region have signed a petition to support collective... 

Freeport Indonesia hopes to get copper export permit soon

Copper miner Freeport Indonesia hopes to secure a permit soon to export copper concentrate, after the Mining Minister approved a revision of its annual business plan, the company's CEO said on... 

EIB reviews financing for $760m hydro project over DRC war

The European Investment Bank (EIB) is holding off on decisions to finance the $760-million Ruzizi III hydropower plant in Central Africa, due to fighting between Rwandan-backed rebels and the... 

Budget may be tweaked further, Godongwana says

South Africa's budget may be tweaked further as more talks between political parties will try to overcome differences over a contentious plan to raise value-added tax, the country's finance... 

Freeport Indonesia lowers 2025 output target by 9.9%

Copper miner Freeport Indonesia has lowered its 2025 concentrate output target by almost a tenth to 3.29-million tons and is aiming for copper output of 1.67-billion pounds (757 499 metric tons),... 

Drill more, mine more on public lands, US interior secretary urges

US Interior Secretary Doug Burgum told a packed room of energy executives on Wednesday that he wants their industries to ramp up drilling and mining on America's public lands, telling the crowd:... 

Barrick must pay dealmaker Hannam $2m over Randgold merger, UK court rules

anada's Barrick Gold must pay British dealmaker Ian Hannam's firm $2-million plus expenses for his work on the acquisition of gold miner Randgold Resources, London's High Court ruled on Wednesday.... 

Activist investor defies Woodside directors election citing climate risk, poor returns

The Australasian Centre for Corporate Responsibility (ACCR) expressed dissent on Thursday against all directors due for election at the upcoming annual general meeting of Woodside Energy, citing... 

South Africa to incentivise local EV production

South Africa will spend R1-billion to support the local production of new-energy vehicles and batteries, as well as related manufacturing projects, the National Treasury said on Wednesday. The... 

Nyrstar to cut output by 25% at Hobart zinc operations in Australia

Nyrstar will cut production by 25% at its Hobart zinc operations in Australia from April, the company owned by commodity trader Trafigura said on Wednesday, sending prices higher. "This decision... 

Accidents at giant Rio Tinto project kill more than a dozen workers, prompting inquiry

A routine night shift ended in tragedy for Alseny Camara. The 32-year-old was working for a Chinese subcontractor building a railway to reach Simandou - the world's largest new iron mining... 

Rhodium market hits 20-month high after Amplats' bid

Rhodium prices have leapt to their highest in 20 months, as buying interest from Anglo American Platinum (Amplats) coincided with strong demand and lower first-quarter output in South Africa, two... 

South Africa to remove luxury duty on lower value smartphones

South Africa's government has proposed to remove the luxury excise duty on smartphones worth below R2 500 from April 1 to support digital adoption for low-income households, the National Treasury... 

Spain to map out critical resources in raw material push

The Spanish government wants to map out the country's mineral resources with a particular focus on key raw materials as part of a broader plan unveiled on Tuesday to boost production and management... 

UAE's EGA reports lower net profit on bauxite suspension from Guinea, UAE taxes

Emirates Global Aluminium (EGA) on Wednesday reported a 23.5% decline in annual net profit for 2024 due to an impairment charge following the suspension of exports from its operations in Guinea and... 

Chinese users turn to off-exchange Congolese copper to ease supply tightness

China will import even more off-exchange refined copper this year, according to analysts and traders, as output from the Congo booms and users look to alleviate shortages and head off a potential... 

Indonesian miners group urges government to reconsider royalty hike plan

Indonesian Mining Association on Tuesday urged the government to reconsider a plan to hike royalty rates for mining products as miners are already struggling with rising operational costs and tight... 

Brazil’s red tape is ‘cooling’ investment, mining group says

The growing global demand for critical minerals could be a boon for Brazil, but the strict licensing process is holding back development, says the country’s former environmental chief who now heads... 

Australia's Santos to hike investment in US due to pro-energy policy - CEO

Australian oil and gas producer Santos will look to increase investments in the United States because of the pro-energy policies of US President Donald Trump's administration, Santos CEO Kevin... 

Chevron CEO urges lasting US energy policy, not extreme swings

Chevron would like to see durability in US energy policy rather than swings from one extreme to another, CEO Mike Wirth said on Monday. US President Donald Trump's first weeks in office during his... 

Freeport-McMoRan hopes Trump declares copper a critical mineral

Freeport-McMoRan hopes US President Donald Trump declares copper a critical mineral, a move that would unlock tax credits needed to boost American production of the red metal and offset global... 

JPMorgan downgrades South African equities on economic slowdown concerns

JP Morgan on Tuesday downgraded South African equities to "neutral" from "overweight," citing concerns over an economic slowdown and the effectiveness of the country's policy reforms. "While South... 

AFC chief pushes to unlock billions from African pension funds

The Africa Finance Corporation (AFC) said it is accelerating efforts to mobilise the continent's money for investments and tapping investors in the Middle East and Asia, as developing nations... 

Uzbek gold miner NMMC ramps up London IPO preparations

Navoi Mining & Metallurgical Co., one of the world’s largest gold producers, is eyeing a potential London listing this year that could value the Uzbekistan state-backed miner at £4-billion... 

Palliser urges Rio Tinto to pursue unification of dual-listed structure

London-based hedge fund Palliser Capital released on Monday a letter addressed to the chair of global iron ore miner Rio Tinto, urging further steps toward unifying its dual-listed structure... 

Five years on, the economic impact of Covid-19 lingers

Five years after the World Health Organization first described the Covid-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to... 

Mali partially lifts suspension on issuance of mining permits

Mali will partially lift a 2022 suspension on the issuance of mining permits on March 15, the mines ministry said in a statement on Friday. The military-led West African country, one of Africa's... 

Barrick says 'committed to reaching a mutually beneficial resolution' in Mali

Barrick Gold remains "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end a dispute over its assets there, its chief operating officer for Africa and the... 

US open to minerals partnerships with the DRC

The US is open to exploring critical minerals partnerships with Congo, the State Department said in a statement to Reuters on Sunday, after a Congolese senator contacted US officials to pitch a... 

China's coal imports nudge up to record, but risks to outlook rise

China's coal imports rose 2.1% year-on-year to a record high for the January-February period, official data showed on Friday, as arbitrage opportunities remained open, but risks grew for imports in... 

South Africa records 16% drop in rhino poaching last year

South Africa recorded a roughly 16% drop in rhino poaching last year, with 420 animals killed for their horns versus 499 the previous year, the government said on Thursday. The country is home to... 

Germany’s lithium reserves could sustain domestic needs for decades, study finds

Germany could have enough lithium reserves to cover its domestic needs for several decades, a study showed on Thursday, as Berlin seeks to boost its electric vehicle production and cut dependency... 

Freeport Indonesia may get around 1Mt copper concentrate export quota

Copper miner Freeport Indonesia may get an export quota for around one-million metric tons of copper concentrate, Energy and Mineral Resources Minister Bahlil Lahadalia told reporters on Friday.... 

China January-February iron-ore imports hit by Australia weather-related disruptions

China's iron-ore imports in the first two months of 2025 fell by 8.4% from the same period a year earlier, curbed by weather-related supply disruption in major producer Australia. The world's... 

South African health agency calls for coal-fired power station phase-out

An influential South African government agency recommended the country phase out coal-fired power stations on Thursday as it published a ten-year study which found that people living near them were...