Codelco-SQM lithium deal can proceed without shareholder approval, regulator says

Chile's financial regulator said on Tuesday that a planned lithium joint venture between State-run Codelco and miner SQM does not need to face a vote by SQM shareholders as argued by China's Tianqi... 

Botswana may fall short of 4.2% growth target

Botswana's economy may fall short of the government's 4.2% growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints. Finance minister... 

Reserve Bank to first cut repo rate in November - Reuters poll

South Africa's Reserve Bank is seen waiting until November before it cuts its repo rate as economists continue to roll back their expectations when policy easing kicks off in response to slowing... 

Debswana reports fatality at its Jwaneng mine

Botswana's Debswana Diamond Company on Tuesday reported a fatality at its Jwaneng mine following an accident involving a crane and drill rig. The incident, which took place on Monday, involved an... 

Coal India exploring lithium assets in Argentina with US company, says source

State-run Coal India Limited is exploring lithium blocks in Argentina along with a US company to secure supplies of the battery material, an Indian source with direct knowledge said on Tuesday.... 

Serbia's Parliament speaker seeks debate over Rio Tinto's lithium project

Serbia's parliament speaker and former Prime Minister Ana Brnabic is seeking a debate and approval in the assembly for a contested Rio Tinto lithium project in the Balkan country. Regarded as a... 

Chile says Saudi Mining Minister to visit, lithium expected on agenda

Chile's government said on Saturday that Saudi Arabia's Mining Minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago. Saudi Minister of... 

South Africa unity government to include ANC and pro-business DA

The African National Congress and its largest rival, the pro-business Democratic Alliance, have agreed to work together in a government of national unity, senior DA negotiator Helen Zille told... 

Neo Performance Materials launches strategic review

Canadian rare earths company Neo Performance Materials said on Friday it would be undertaking a comprehensive strategic review, which could include a sale, divestiture, merger or other business... 

G7 leaders commit to faster transition from fossil fuels - draft statement

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 

South Africa Parliament convenes as talks on who will govern go down to the wire

South Africa's newly elected parliament convenes on Friday to choose the country's next president with the public still in the dark about which parties will join the African National Congress (ANC)... 

Vale expects tentative dam collapse settlement with Brazil authorities this month

Brazilian miner Vale expects to reach a tentative agreement by the end of this month with Brazilian federal and state authorities to settle reparations over the deadly 2015 collapse of a tailings... 

Environmental studies show Serbian lithium project is safe, Rio says

Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for... 

Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after... 

South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain

South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday, as the home to major chip producers and leading... 

Zambia to set up mineral investment and trading unit

Zambia will set up a new entity for investment and trading in minerals as it seeks to earn more from its natural resources, the Cabinet said on Wednesday after giving its approval. The government... 

Vale, BHP make new offer on Mariana disaster reparations

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 

Union files equal pay applications for BHP coal mine workers in Queensland

Australia's Mining and Energy Union (MEU) said on Wednesday it had filed for same job same pay orders covering 1 700 labour-hire workers at three large BHP coal mines in Queensland. If successful,... 

Indonesia considers terminating permits for some nickel pig iron production

The Indonesian government is conducting a comprehensive evaluation regarding the termination of permits for the RKEF smelters which make products in the form of ferronickel and nickel pig iron, a... 

Codelco copper output hit by lingering effects of rock collapse

Codelco attributed a sharp drop in production at its top mine to the lingering effects of a rock collapse last year as the world’s No. 1 copper supplier strives to reverse slumping output. “This... 

Colombia halts coal exports to Israel over Gaza war

Colombia's President Gustavo Petro on Saturday said the country, which is reported to be Israel's biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the... 

New Zealand to introduce bill to reverse oil and gas exploration ban

w Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector. The... 

Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary

Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country, two senior officials of... 

Ghana's 2023 gold output rose 8.3%

Ghana's gold production rose 8.3% to four-million ounces in 2023, data from the Ghana Chamber of Mines showed on Friday. The growth was driven primarily by expansion in the output of small-scale... 

Major world economies seek to halt new private sector coal financing

Some of the world's major economies want to finalise a plan ahead of this year's UN climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the... 

China's May coal imports rise 11% on lower domestic output

China's imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this year led to increased shipments of international coal.... 

Indonesia to grant coal mine asset to Islamic group Nahdlatul Ulama

Indonesia is set to award a coal mining concession to the country's largest Islamic group, Nahdlatul Ulama (NU), next week to provide it with a source of income, a Cabinet minister said on Friday.... 

Codelco targeting 2030 production for Maricunga lithium site, document shows

Rothschild & Co has formally started to assess candidates to partner with Chile's state-run miner Codelco on a major new lithium project slated to begin production in 2030, according to documents... 

Newmont CEO says divestment of non-core assets progressing well

Newmont CEO Tom Palmer said on Thursday the gold miner's plans to divest eight non-core assets and trim its workforce to cut debt following its $17.14-billion purchase of Newcrest were progressing... 

Brazil seeks $20.7bn from Vale, BHP over 2015 dam collapse

Brazil's government presented on Thursday a counteroffer requesting that miners Vale and BHP and their joint venture Samarco pay 109-billion reais ($20.74-billion) as reparations for a tailings dam... 

Canada's oil sands CEOs push back against proposed oil and gas emissions cap

Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa... 

Codelco chairman says SQM lithium deal on track, despite Tianqi dispute

A plan to kick off a partnership between Chilean state miner Codelco and the world's No. 2 lithium producer SQM is on track for next year despite a potential challenge from a major SQM... 

ANC will seek to form government of national unity

South Africa's African National Congress will invite other political parties to form a national unity government, its leader President Cyril Ramaphosa said on Thursday, after it lost its majority... 

Global gold ETFs saw first inflows in a year in May, says WGC

Global physically backed gold exchange traded funds (ETFs) attracted their first inflows in May after a year, powered by additions to holdings by Europe- and Asia-listed funds, the World Gold... 

Chinese rare earths investor fails to win seat on Australia's Northern Minerals board

A Chinese mining investor has failed in a bid to join Australian rare earths mining company Northern Minerals' board on Thursday, days after Australia's Treasurer ordered the investor's private... 

Botswana may raise De Beers stake as Anglo weighs spin-off

The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell... 

Peru authorises Barrick to explore mining at southern border

Peru's government has authorised miner Barrick Gold to carry out mining explorations in the country's southern border area, the prime minister announced on Wednesday. Peru's constitution requires... 

London gold body reviews purity concerns about Indonesian state miner

The London Bullion Market Association (LBMA) said it is reviewing allegations involving Indonesian state miner Aneka Tambang (Antam) over the purity of its gold products. Indonesia's Attorney... 

Antofagasta signs $1.5bn investment deal for water transport system in Chile mine

London-listed Antofagasta on Wednesday signed a $1.5-billion investment deal to improve water supply at its Chile mining operations. The deal, signed with a firm owned by Madrid-based Almar Water... 

Chilean regulator aims for quick decision on Tianqi-SQM dispute

Chile's financial regulator said on Wednesday it is aiming to respond as quickly as possible to a complaint from China's Tianqi Lithium over a planned lithium partnership between miner SQM and...