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Khumani iron-ore mine
China's tug-of-war with Australian miners lurks beneath iron-ore calm
Updated 1 hour 30 minutes ago By: Reuters

If China's iron ore market was to be judged by import volumes alone, the image would be one of gentle and steady growth. But beneath the calm picture presented by imports of the main steel raw material is a tug-of-war between China, which buys... 


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Eagle gold mine
Boroo plans extensive rehabilitation before restarting newly acquired Eagle mine in Yukon
23rd October 2026 By: Marleny Arnoldi

Singapore-based mining and investment company Boroo has announced it will invest more than $1.5-billion in the Yukon-based Eagle gold mine, which it is acquiring through the takeover of Canadian... 


Tungsten ore
Automated hedger, financial exchange, market maker create landmark tungsten price hedge
23rd October 2026 By: Marleny Arnoldi

An AI-powered risk management platform, a derivates exchange and a market maker and liquidity provider are partnering to create a landmark tungsten price hedge using event contracts on Kalshi. With... 


US Steel's Clairton plant
Nippon Steel to spend $3bn in US Steel plant equipment upgrade, Nikkei reports
23rd October 2026 By: Reuters

Nippon Steel will invest about $3-billion in the US Steel-operated Mon Valley works in Pennsylvania to upgrade the plant's hot rolling facility, the Nikkei newspaper reported on Thursday. The move... 


Natural gas tank
Vale, CSN among winners in Brazil natural gas auction
23rd October 2026 By: Reuters

Major mining, steelmaking and petrochemical companies, including Vale and CSN, won lots in a natural gas auction held by Brazilian State-run oil firm PPSA on Thursday, data from the auction... 


Cadia mine
Newmont beats quarterly profit estimates on higher gold prices, Cadia recovery
23rd October 2026 By: Reuters

World's largest gold miner Newmont beat analysts' third-quarter profit estimates on Thursday, as elevated gold prices and a recovery in copper production at its Cadia mine in Australia boosted... 


VAC magnet manufacturing plant
GM cancels deal with new US rare-earth magnet plant, documents say
23rd October 2026 By: Reuters

General Motors, the biggest customer of a US factory making rare earth magnets for electric vehicles, cancelled its long-term supply deal with the manufacturer, and the two sides are in... 


Brownsville lithium refinery concept
North America-focused lithium refiner Lithium Universe announces CEO resignation
23rd October 2026 By: Marleny Arnoldi

ASX-listed Lithium Universe has announced the resignations of its CEO Iggy Tan and chief technology officer Dr Jingyuan Liu to pursue other opportunities effective October 30. The board has... 


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Rio Tinto trucks
Australia's Rio Tinto to invest $1.9bn in Queensland bauxite project
23rd October 2026 By: Reuters

Rio Tinto said on Friday it will invest $1.9-billion to develop the Kangwinan bauxite project in Queensland, Australia, replacing output from its ageing Andoom mine and lifting annual production... 


Grupo Mexico underground mining
Grupo Mexico to press ahead with major US copper projects after output dip
23rd October 2026 By: Reuters

Grupo Mexico said on Thursday it will push ahead with major investments at its US mining unit Asarco, expanding the Ray and Silver Bell mines in Arizona and aiming to restart the Hayden smelter and... 


Norsk Hydro refinery
Norsk Hydro flags higher smelting costs after quarterly profit miss
23rd October 2026 By: Reuters

Norwegian aluminium producer Norsk Hydro on Friday reported a third-quarter core profit below market expectations and said it expected higher costs and lower realised metal prices at its smelting... 


Lithium ore
European Metals' Geomet opts for cheaper, cleaner tech choice for Cinovec lithium processing
23rd October 2026 By: Marleny Arnoldi

ASX- and Aim-listed European Metals' 49%-owned subsidiary Geomet has approved the adoption of tunnel kiln technology for the Cinovec lithium project, in Czech Republic. Geomet originally planned... 


Canada Industry Minister Melanie Joly
Canada gives Cleveland-Cliffs 15 days to reverse planned job cuts
23rd October 2026 By: Reuters

Canada on Thursday gave US steelmaker Cleveland-Cliffs 15 days to reverse planned job cuts at an Ontario steel mill or face sanctions that could include a forced divestiture of the plant. Ottawa... 


Sandvik Toro loader and Toro truck
Northern Star procures Toro loaders, trucks from Sandvik
23rd October 2026 By: Marleny Arnoldi

Australia's largest gold miner Northern Star Resources has selected multinational engineering company Sandvik to supply 25 units of underground equipment to operations in Western Australia. The... 


Uranium drill core
Neu Horizon plans drilling on large unexplored Swedish uranium target
23rd October 2026 By: Marleny Arnoldi

ASX-listed Neu Horizon Uranium has defined a large, drill-ready uranium target at its Storvallflon prospect, in Sweden. Five independent datasets, including airborne electromagnetics, drone... 


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Latest News

US Steel's Clairton plant
Nippon Steel to spend $3bn in US Steel plant equipment upgrade, Nikkei reports
23rd October 2026 By: Reuters

Nippon Steel will invest about $3-billion in the US Steel-operated Mon Valley works in Pennsylvania to upgrade the plant's hot rolling facility, the Nikkei newspaper reported on Thursday. The move... 


Natural gas tank
Vale, CSN among winners in Brazil natural gas auction
23rd October 2026 By: Reuters

Major mining, steelmaking and petrochemical companies, including Vale and CSN, won lots in a natural gas auction held by Brazilian State-run oil firm PPSA on Thursday, data from the auction... 


Rio Tinto trucks
Australia's Rio Tinto to invest $1.9bn in Queensland bauxite project
23rd October 2026 By: Reuters

Rio Tinto said on Friday it will invest $1.9-billion to develop the Kangwinan bauxite project in Queensland, Australia, replacing output from its ageing Andoom mine and lifting annual production... 


Grupo Mexico underground mining
Grupo Mexico to press ahead with major US copper projects after output dip
23rd October 2026 By: Reuters

Grupo Mexico said on Thursday it will push ahead with major investments at its US mining unit Asarco, expanding the Ray and Silver Bell mines in Arizona and aiming to restart the Hayden smelter and... 


Cadia mine
Newmont beats quarterly profit estimates on higher gold prices, Cadia recovery
23rd October 2026 By: Reuters

World's largest gold miner Newmont beat analysts' third-quarter profit estimates on Thursday, as elevated gold prices and a recovery in copper production at its Cadia mine in Australia boosted... 


Huayue Nickel Cobalt plant
Nickel Industries says Indonesia cuts coming as Chinese producers weigh steep reductions
23rd October 2026 By: Reuters

Australia-listed Nickel Industries says nickel producers in the Indonesia Morowali Industrial Park (IMIP), a key production base for the metal, will coordinate on output cuts as Chinese operators... 


Whitehaven coal conveyor
Australia's Whitehaven Coal beats quarterly output estimates on Queensland strength
23rd October 2026 By: Reuters

Australia's Whitehaven Coal beat market estimates for quarterly output on Friday, supported by robust production from its Queensland operations, and said it expected stronger cash generation... 


Sector News

Magazine

Magazine round up | 23 October 2026
Magazine round up | 23 October 2026

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

ANNUAL SHUTDOWN: Earlier this month, extensive maintenance was undertaken along the 861-km iron-ore export line stretching from Sishen in the Northern Cape to the Port of Saldanha in the Western Cape. Maintenance activities, which were undertaken by the Transnet Rail Infrastructure Manager, included rail and sleeper replacement, ballast screening, turnout renewal and maintenance, formation rehabilitation, culvert installation, as well as electrical and signalling upgrades.
ANNUAL SHUTDOWN

Earlier this month, extensive maintenance was undertaken along the 861-km iron-ore export line stretching from Sishen in the Northern Cape to the Port of Saldanha in the Western Cape. Maintenance... 

South African mining’s future could be  built with effort that’s not insurmountable
South African mining’s future could be built with effort that’s not insurmountable

South Africa must continue to address administrative complexity that all too often creates unpredictability as far as investors are concerned. When it comes to mining, a harmonised regulatory... 

Photo of Terence Creamer
It’s the economy . . .

The elections being held in South Africa and the US in the first week of November are different in many ways. While the words, actions, voting records, campaign contributions, and even the dietary... 

Business Leader

Nirishi Trikamjee, interim CEO of the Beer Association of South Africa (BASA) and CEO of the NFS Group of Companies
Nirishi Trikamjee

This week we profile Nirishi Trikamjee, interim CEO of the Beer Association of South Africa (BASA) and CEO of the NFS Group of Companies, which offers a range of financial services  



GOLDEN PEACE: South Africa is a country of contradictions. On the day that Navi Pillay was named as the 2026 Nobel Peace Prize winner, her home city of Durban was being rocked by anti-immigrant violence. South Africa’s other four recipients – Albert Luthuli, Desmond Tutu, FW de Klerk and Nelson Mandela – also walked this country’s fine line between peace and violence. This contradiction notwithstanding, South Africa should still celebrate the fact that Pillay and her fellow laureates are true symbols of peace in a fractured world.
GOLDEN PEACE

South Africa is a country of contradictions. On the day that Navi Pillay was named as the 2026 Nobel Peace Prize Winner, her home city of Durban was being rocked by anti-immigrant violence. South... 

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pqt: 0.031s - ct: 0.105s - 138pq - 2rq
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