Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact

Aluminium giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments as defendants in the case against Vladimir... 

SSR Mining says eight employees detained after Turkey mine landslide

Gold miner SSR Mining said on Friday that eight of its employees have been detained amid an investigation into a landslide at its mine in Turkey and that operations there remain suspended. SSR... 

Carbon capture tech a 'complete falsehood', says Fortescue Metals' Forrest

Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of... 

Exxon aims to make key lithium technology decision by year end

Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top producers of the battery metal,... 

Indonesia, Vale agree price for divestment plan, Minister says

Indonesia and Vale Base Metals have concluded negotiations and agreed in principle to a price for the portion of shares the miner will sell in its Indonesian unit INCO, the Mining Minister said on... 

Three dead as bus carrying B2Gold employees attacked in Mali

B2Gold Corp on Thursday said three of its employees died after sustaining injuries in an attack on an employee transport convoy in Mali. A bus transporting B2Gold employees from the Fekola Mine to... 

Vale to follow BHP on new provisions over dam failure, analysts say

Brazilian miner Vale is expected to hike its provisions after BHP Group flagged a $3.2-billion impairment related to the failure of a dam operated by their joint venture Samarco, analysts said.... 

France offers loan to New Caledonia nickel firm Prony to avert collapse

France has agreed to provide a €140-million loan to Prony Resources to avert the collapse of the New Caledonian nickel producer as Paris pursues negotiations to salvage the Pacific territory's... 

Mexican mining sector balks at plan to ban open-pit mines

Mexican President Andres Manuel Lopez Obrador's proposal to ban openpit mining will generate uncertainty and curtail investment for the key sector, mining industry representatives said this week.... 

Indian miner Vedanta's parent sells $209m stake

Vedanta Resources, the parent of Vedanta, has sold a stake worth more than 17.37-billion rupees ($209-million) in the Indian miner, exchange data showed on Thursday. Finsider International, part... 

TotalEnergies CEO says IMF debt rules hobbling African green energy projects

Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies... 

Woodside flags $1.2bn charge against asset bought under BHP merger

Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2-billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its... 

Lithium players to gather in Arkansas as low prices pressure industry

Exxon Mobil, Albemarle and others eyeing ways to tap Arkansas's vast lithium reserves will gather in Little Rock this week as the industry grapples with sagging prices for the battery metal that... 

Despite weak lithium prices, Albemarle beats on cost cuts

Albemarle, the world's largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to... 

Whitehaven Coal tumbles as profit drops, dividend misses consensus

Australia's Whitehaven Coal reported an 86% drop in first-half profit on Thursday and announced an interim dividend that missed market consensus, sending its shares more than 7% lower. Shares of... 

Barrick CEO not interested in piecemeal talks over First Quantum assets

Barrick Gold CEO Mark Bristow said on Wednesday he was not interested in piecemeal discussion when asked whether the company would consider bidding for any of First Quantum Minerals' assets. "I'm... 

Rescue workers search for missing gold miners after Turkey landslide

Rescue workers battled to find nine workers trapped under earth after a landslide at a gold mine in eastern Turkey on Wednesday, the interior minister said, while state media said four people were... 

Coal India to add new mines, expand existing ones to meet higher demand, chairman says

State-run Coal India plans to start operations at five new mines and expand capacity of at least 16 existing ones to address growing demand for the fuel, its chairman told Reuters on Wednesday.... 

IEA to launch security programme for minerals critical to energy sector

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 

Canada to accelerate critical mineral mining - Energy Minister

Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, Energy Minister Jonathan... 

SSR Mining halts gold production in Turkey after landslide, shares tank

Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing and sparked a more than 50% plunge in its Toronto-listed... 

Congo's Gecamines offers to buy some of Khazakh miner ERG's copper assets

Congo State miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners and... 

Hydrogen demand powers record sales for Thyssenkrupp Nucera

Thyssenkrupp Nucera on Tuesday posted record quarterly sales, citing rising demand for its electrolyser technology as the hydrogen firm remained upbeat about the sector's prospects despite... 

Chile copper miner Codelco logs December production setback

Chile's top copper miners closed out 2023 unevenly, with state-run copper miner Codelco logging a setback in December, according to figures released on Monday by the Chilean Copper Commission... 

Empty Rio Tinto iron ore train derails in Western Australia

A self-driving train derailed at Rio Tinto's iron-ore operations in Western Australia, the world's biggest iron-ore miner said on Tuesday. A Rio Tinto spokesperson said the derailment involving an... 

Alberta’s Premier Smith sees US LNG export pause as opportunity

President Joe Biden’s decision to pause approval of new liquefied natural gas export licences is an opportunity for Canada as the country prepares to start exporting the fuel, Alberta’s Premier... 

Canada Nickel plans to raise $1bn for nickel-processing plant

as an alternative supplier of the metal used in car and electric battery vehicles. The processing plant in Ontario is expected to begin production in 2027 and process 80 000 tonnes of nickel... 

Vale and Hydnum Steel to study building briquette plant in Spain

Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be... 

Portuguese prosecutors seek to annul environment permit for Savannah lithium mine

Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various legal infringements, a... 

Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp

Botswana has set aside 890-million pula ($65-million) to buy shares in Belgian diamond trader HB Antwerp, national budget documents show, advancing a deal that President Mokgweetsi Masisi said in... 

Vedanta weighs sale of minority stake in Zambian copper assets

Vedanta Base Metals CEO Chris Griffith said on Wednesday the company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit in Zambia, including... 

China's CMOC eyes further growth in Congo and beyond after taking cobalt crown

Chinese mining firm CMOC Group could buy more assets in copper and cobalt-rich Democratic Republic of Congo, and sees further potential for growth in South America and Indonesia, an executive told... 

Aboriginal group to inspect rock shelters for potential Rio Tinto damage

An Aboriginal group from Western Australia's iron ore producing region will inspect an important cultural site in the coming days after it received a notice from Rio Tinto of possible damage, the... 

Woodside, Santos scrap talks on A$80bn merger

Australia's Woodside Energy and Santos said on Wednesday they had ended talks to create a possible A$80-billionglobal oil and gas giant, and Santos flagged it would look for other ways to bolster... 

Anglo American considers deeper cost cuts in face of worst downturn in years

Anglo American may consider deeper cost-cutting measures unless market conditions improve after a fall in prices and a downturn in the platinum group metals (PGMs) sector that is the worst in 35... 

Congo's Gecamines and Entreprise Generale du Cobalt sign mining deal

Congo's State mining company Gecamines and its subsidiary Entreprise Generale du Cobalt (EGC) have signed an agreement granting EGC exclusive mining rights to five mining areas, the firms said on... 

Zambia set to negotiate bigger stakes in new mining projects

Zambia is keen to negotiate larger holdings in new mining projects in order to raise its revenue and boost spending by investors on social projects, mines minister Paul Kabuswe said. The push by... 

Bolivia to ink $350m deal in Chinese financing for first zinc refinery

Bolivia's government will sign a deal with China on Tuesday for $350-million in financing to build the South American country's first zinc refining plant, Bolivia's Mining Ministry said. The... 

Codelco's 2023 production declines, but recovery seen this year

Production at mines owned by Chile's cash-strapped copper miner Codelco fell to 1.325 million metric tons in 2023, the company's chief executive told Reuters on Tuesday, promising a slight recovery... 

Canada govt to support First Quantum after mine closure order, Minister says

The Canadian government will do its best to support First Quantum Mineral, the Trade Minister said on Tuesday without elaborating, as the Canadian miner deals with the fallout from the closure of...