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... 

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... 

South Korea, African countries sign agreements on minerals, exports

Nearly 50 deals and agreements have been signed during South Korea's first summit with leaders from 48 African countries to cooperate in areas such as mining, energy and manufacturing, South... 

Gold purchases by central banks were strong in April despite high prices, WGC says

Net purchases of gold by global central banks rose to 33 metric tons in April from a revised net buying of 3 tons in March, the World Gold Council (WGC) said, signalling continuing strong appetite... 

Occidental Petroleum, Berkshire Hathaway form JV to extract lithium

Occidental Petroleum said on Tuesday it had entered into a joint venture with Berkshire Hathaway's energy unit to extract lithium. The energy producer said it would use its technology to extract... 

Indonesia imposes 7.5% export tax on copper concentrate shipments

Indonesia will impose a 7.5% export tax on shipments of copper concentrate, effective immediately, a finance ministry regulation showed on Tuesday, applicable to the two mining firms currently... 

Volvo to issue world's first EV battery passport ahead of EU rules

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to... 

Freeport Indonesia raises output target, awaits new export permit

Copper miner Freeport Indonesia has raised its output guidance for the year as it awaits an extension of its copper concentrate export permit that the government has promised, the company's deputy... 

South Korea's Yoon hosts Africa summit to tap minerals, vast export market

Africa's rich mineral resources and its potential as a vast export market are at the top of South Korea's agenda as it hosts a summit with the leaders of 48 nations this week with plans for aid on... 

OPEC+ extends deep oil production cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US... 

Tianqi weighs bid to protect interests in Chile's SQM-Codelco lithium deal

China's Tianqi Lithium, a major shareholder in Chile's SQM, said it may consider action to protect its interests in a key deal signed by SQM and Chilean state miner Codelco. Friday's pact, while... 

Australia orders Chinese investors to sell down stake in rare earths miner

Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds, a spokesperson said on... 

Codelco and SQM announce final lithium agreement

Chile's State copper producer Codelco and lithium company SQM have agreed to a final deal to create a joint venture for lithium production in the Salar de Atacama, both companies said in statements... 

Indonesia to issue copper export permits for Freeport, Amman

ndonesia will issue copper concentrate export permits for miner Freeport Indonesia and Amman Mineral Internasional, a trade ministry official said on Friday, ensuring that exports by both companies... 

Queensland outlaws carbon storage in Australia's biggest aquifer

Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such...