Argentina, Chile revive cross-border mining framework for investment

Argentina and Chile are seeking to unlock billions of dollars in mining investment by advancing legal and regulatory frameworks that would allow companies to share infrastructure and resources... 

Indian coal power plants have critical low fuel, government data shows

Forty five power plants in India are operating with critically low coal inventories, government data showed, as monsoon rains disrupt supplies and electricity demand rises amid hotter-than-usual... 

Brazil's Vale studies extracting rare earths, gold from mining waste

Brazilian miner Vale is studying the possibility of extracting rare earths, gold and other minerals from mining waste as part of its circular economy strategy, a Vale executive said on Wednesday.... 

Australia's South32 annual profit jumps 55%, extends shareholder-returns programme

Australia's South32 on Thursday posted a 55% rise in annual profit, largely in line with market expectations, and extended its shareholder-returns programme, sending its shares to a more than... 

Boliden to buy Votorantim's 64.7% stake in Nexa Resources

Swedish miner Boliden said on Thursday it had agreed to acquire all of Brazilian group Votorantim's shares in zinc and silver producer Nexa Resources, giving it a 64.68% stake, and will bid for the... 

China Nonferrous Mining launches up to $300m convertible bond deal, term sheet shows

China Nonferrous Mining Corporation is launching a sale of up to $300-million of US dollar-denominated convertible bonds due 2031, according to a term sheet seen by Reuters on Wednesday. The Hong... 

EGA restarts quarter of reduction cells at Al Taweelah smelter

Emirates Global Aluminium (EGA) said on Wednesday it had brought a quarter of its Al Taweelah smelter in Abu Dhabi back online as the company works to recover from damage caused by an Iranian... 

IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns

The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund MD Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating... 

South African miners accelerate shift to renewable power to cut Eskom reliance

South Africa's mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of... 

Brazil miner Samarco eyes regaining second-largest iron-ore pellet exporter spot in 2028

Brazilian miner Samarco, a joint venture between Vale and BHP, expects to regain the position of world's second-largest exporter of iron-ore pellets starting in 2028, the firm's CEO Rodrigo Vilela... 

AngloGold Ashanti to process all its Brazilian gold concentrate domestically

AngloGold Ashanti has resumed operations at a Brazilian plant shut down in 2022, allowing the miner to once again domestically process all the gold concentrate from its local mines, rather than... 

World braces as Trump's Canada tariff stand-off escalates, Reuters columnist says

The resurgent trade spat between US President Donald Trump and Canadian Prime Minister Mark Carney comes at a delicate juncture for both North American countries - and the global economy. Missteps... 

Australian Indigenous group appeals Fortescue mining compensation ruling, seeks $1.3bn

Australia's Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands... 

Lynas expands global footprint, eyes new rare earths supply deals

Australia's Lynas Rare Earths said it planned to grow its global supply chain on Wednesday, with discussions to secure new mine supply from project developers around the world and set up a magnet... 

Sinomine secures additional Zimbabwe lithium export quota

Sinomine Resource Group has secured an export quota for an additional 300,000 metric tons of lithium concentrate from Zimbabwe, the company has said. Zimbabwe, Africa's top producer of battery... 

Ghana bars unrefined artisanal gold dore exports from September 1

Ghana's GoldBod has ordered that artisanal gold dore purchased by self-financing aggregators for export must be refined locally from September 1, effectively banning exports of unrefined dore under... 

Woodside scraps clean energy target, posts 7% first-half profit rise

Australia's largest independent dedicated oil and gas company Woodside Energy on Tuesday abandoned a longer-term emissions target and $5-billion in planned clean energy spending by 2030 to focus on... 

Port Hedland unions place wage deal counterproposal to BHP ahead of September 8 talks

The Combined BHP Ports Unions has placed a counterproposal on a wage deal for workers at its Port Hedland operations in Western Australia ahead of their next meeting on September 8, it said on... 

New Sinopec boss presses reset for world's biggest oil refiner

Hou Qijun has set out to transform Sinopec, the world's largest refiner, as it faces dwindling fuel demand, overcapacity in petrochemicals and the world's worst oil crisis, when he could be... 

Rusal derailment in Guinea halts alumina exports, sources say

A train operated by Russian aluminium producer Rusal derailed in Guinea's Dubreka prefecture over the weekend, cutting rail access to its Friguia alumina refinery, halting alumina exports and... 

Ivanhoe gets $1.1bn US EXIM support for Arizona copper project

US minerals explorer Ivanhoe Electric said on Monday it had received a preliminary project letter from the US Export-Import Bank (EXIM) for potential debt financing of $1.1-billion to develop its... 

Ghana's GoldBod buyers hit by funding delays, sources say

Companies licensed to buy gold for Ghana's artisanal gold marketing agency GoldBod have not been paid for up to three weeks, forcing some operators to halt purchases or borrow to stay in business... 

France's Orano expands uranium search in Botswana

Botswana has granted three new uranium prospecting licences to Orano Mining, adding to the 15 licences already held by the French state-owned company, as the southern African country seeks to... 

US refiners face historic stress test as global crisis looms, Reuters columnist says

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 

Six countries want EU talks in September on taxing windfall profits of oil companies

Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran's blockade of the Strait of Hormuz, a letter by... 

Indonesia will build trustworthy commodity exchange, chief supervisor candidate says

Indonesia's upcoming minerals and strategic commodity exchange would be built with infrastructure that can be trusted, the president's nominee to regulate commodity trading said on Monday. The... 

MMG confirms restart of operations at Las Bambas copper mine in Peru

Hong Kong-listed MMG confirmed on Monday it had restarted operations for its mine and process plant at its Las Bambas operations in Peru from August 21. Operations at the Las Bambas copper mine... 

Norway will drill in Arctic regardless of EU's position, says energy minister

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 

British firm offers to restart mothballed Australian manganese smelter

Natrium Redox Technologies, a green technology startup based in Britain, said on Monday it had made a firm proposal to the Tasmanian government to acquire and restart Australia's only manganese... 

Goldman says options demand could push gold beyond $4 900 forecast

Gold prices could surge past Goldman Sachs's $4 900 year-end forecast, as surging demand for bullish gold options may amplify further gains, the bank said in a note on Friday. The bank said a... 

Zinc hits four-year peak on supply fears and speculators

Prices of zinc in London hit their highest in more than four years on Friday as the accumulation of stocks in China, the world's biggest metals consumer, drove concerns about shortages elsewhere,... 

Peru aims for $33bn mining pipeline as Fujimori cuts red tape

Peruvian President Keiko Fujimori's government expects mining investments of at least $33-billion over its five-year term, the Prime Minister said on Thursday, as the major copper-producing nation... 

Canada says trade deal with US is 'very close,' more work needed

Canada and the US are "very close" to agreeing a trade deal that could help reduce months of tariffs and counter duties but more work remains to be done, a top Canadian official said on Thursday.... 

First gas from Australia's Beetaloo puts shale ambition to the test

Deep in Australia's Red Centre, gas is set to start flowing next month from the sprawling Beetaloo basin to Darwin 500 km (310 miles) north, in what developers hope kicks off the country's own... 

China July iron-ore imports slide from June as thinning steel margins curb appetite

China's iron-ore imports in July slipped by 4% from the prior month, as some domestic steelmakers began equipment maintenance amid shrinking steel margins, curbing appetite for the key steelmaking... 

Ghana's mineworkers demand release of $34.5m in trapped savings

Ghana's union of mineworkers delivered a petition to the central bank on Thursday to demand more than 380-million cedis ($34.55-million) they say they are owed and that have been frozen since a... 

Radiant World lays off staff as lenders back away, Singapore police investigates

Iron-ore trader Radiant World has laid off some operations staff as banks and counterparties retreat, cutting off the credit the Singapore-based firm needs to fund its trades, according to two... 

Coal India plans Singapore trading hub in hunt for critical mineral assets, sources say

The world's largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two... 

Mining operations in northern Chile continue despite heavy rains

Major mining operations in northern Chile continued as usual on Wednesday despite the heavy rains that hit the northern part of the South American country. President Jose Antonio Kast visited the... 

Central African Republic closes informal gold mine after collapse kills at least 49

Central African Republic authorities have ordered an artisanal gold mine near the Cameroonian border to be closed after the mines minister said 49 people had died there in a deadly collapse. Mines...