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Falling sulphuric acid prices deepen China's copper smelter squeeze
Chinese copper smelters are facing mounting pressure as falling sulphuric acid prices erode a key source of profits that had helped offset losses from processing copper concentrate at negative...
China's Q3 emissions post biggest drop since pandemic as Hormuz crisis curbs fossil fuel use
China's carbon dioxide emissions from energy and industry fell 3.1% year-on-year in the third quarter of 2026, the biggest quarterly drop since the pandemic, as the world's biggest emitter used...
Goldman Sachs trims gold forecasts as Fed stays hawkish
Goldman Sachs on Thursday lowered its end-2026 gold price forecast to $4 150/oz from $4 650/oz and its end-of-2027 forecast to $4 800/oz from $5 400/oz, citing implications of the US Federal...
MP Materials Q3 results beat expectations on rising sales, US price support
Rare earths company MP Materials on Thursday posted an adjusted third-quarter profit that beat analysts' expectations due in part to rising sales, financial support from the US government and a...
Caledonia secures $150m bridge facility for Zimbabwe's biggest gold project
Caledonia Mining Corporation said on Thursday it signed a $150-million bridge financing facility with a consortium of eight Zimbabwean banks, to help fund its Bilboes project, which, once...
Iron-ore hits one-month high as China stock rally lifts sentiment
Iron-ore prices rose for a second straight session on Thursday, reaching a one-month high as a sharp rally in Chinese equities and improving steel margins boosted investor sentiment. The...
Appian and World Bank arm say 70% of $100m mining commitment deployed
DAKAR – Appian Capital Advisory has deployed about 70% of the International Finance Corporation's (IFC) initial $100-million commitment under a flagship mining investment vehicle launched last year...
US September copper imports fall 3.1% from August
US copper imports in September dipped 3.1% from August but were still almost double levels of a year earlier, official data showed on Wednesday, as metal continued to flow to the country ahead of...
India approves $297m incentive policy for lithium, nickel processing
India's cabinet approved on Wednesday an incentive policy worth 28.14-billion rupees ($297-million) to boost domestic processing of lithium and nickel, the government said in a statement, in a move...
MMG extends long-stop date for Anglo American Brazil nickel deal to Dec 31
Hong Kong-listed mining and metals company MMG said on Tuesday that it had agreed with Anglo American to extend the long-stop date for its proposed acquisition of the miner's nickel business in...
British Columbia First Nation files court challenge over Pacific Link oil pipeline consultations
A First Nation in British Columbia has filed a court challenge against the Canadian government's decision to fast-track the review process for a new proposed crude oil pipeline to Canada's west...
Blackstone, Canadian pension funds to invest $3.1bn in LNG Canada for Mitsubishi stake
Blackstone and a group of Canadian pension funds will invest $3.1-billion to acquire a 49.9% interest in Japanese trading house Mitsubishi Corp's holding company that owns its stake in the LNG...
US strategy links Myanmar peace talks to rare-earth access
Washington aims to use peace diplomacy in Myanmar as a way to expand US influence and potentially gain access to the country's rare-earth deposits, according to a recently published State...
Australia's Mineral Resources CFO Mark Wilson to retire at end of year
Australia's Mineral Resources said on Monday that CFO Mark Wilson will retire at the end of the year after serving in the role since 2018. Wilson remained with the company through a major...
Glencore proposes to alter CEO pay terms after any takeover, FT reports
Glencore is proposing to change CEO Gary Nagle's pay package to allow him to cash out long-term share awards more quickly if the miner is taken over, the Financial Times reported on Monday. The...
Trump floats 'concept' of US-Canada deal that includes pipeline
US President Donald Trump said on Sunday that his administration has the "concept" of a new trade deal with Canada while Prime Minister Mark Carney said the two leaders had a good conversation on...
Iron-ore rises on slower-than-expected China demand fall
Iron-ore prices ticked up on Monday, following dramatic falls in the prior two months, helped by a slower-than-expected fall in demand from top consumer China, although expectations of a supply...
Cochilco cuts Chilean copper forecast for 2026, 2027
Chile's copper commission Cochilco on Friday sharply lowered its forecast for Chilean copper production this year and forecast a milder-than-expected recovery for 2027. The entity expects 2026...
Vale sees extraordinary dividends as unlikely amid market uncertainty
Vale is unlikely to pay extraordinary dividends this year, the firm's CFO Marcelo Bacci said on Friday, after the Brazilian miner reported a 20% slump in third-quarter core profit, hit by lower...
Rio Tinto begins restarting Oyu Tolgoi underground operations after seismic event
Rio Tinto on Friday said it had begun "progressively" restarting underground operations at its Oyu Tolgoi copper mine in Mongolia after completing safety reviews following a seismic event that...
Spain's Abenojar Tungsten makes London market debut in biggest mining IPO since 2018
Spanish miner Abenojar Tungsten made its official market debut on the LSE's main market on Friday, marking the largest mining flotation by funds raised in London since 2018. Unconditional dealings...
Appian in talks with EBRD, others, on critical minerals funds
Appian Capital Advisory, a London-based private equity firm, is in talks with the European Bank for Reconstruction and Development (EBRD) and others for funds to invest in critical minerals...
Tanzania and Angola agree to link ocean corridors by rail
Tanzania and Angola have agreed to connect their Indian Ocean and Atlantic Ocean transport corridors with a railway link via Zambia and the Democratic Republic of Congo, Tanzanian President Samia...
Vale's profit falls 53% in Q3 on lower iron-ore prices, higher costs
Brazilian miner Vale reported on Thursday a 53% decline in its third-quarter net profit from a year earlier, hit by lower iron ore prices and higher costs, including freight. Vale, one of the...
Chile's Codelco fires eight amid probe into over-reported output
Chile's State-owned miner Codelco said on Thursday it had dismissed eight people, including executives, amid its investigation into over-reported copper production in 2024 and 2025. Those dismissed...
Venezuela to offer State assets to private sector, Rodriguez says
Venezuela's interim President Delcy Rodriguez said on Thursday the government has made progress identifying State assets to offer to the private sector and former owners, a move that could reverse...
South African rand slips as weaker gold and platinum add pressure
South Africa's rand weakened on Thursday, pressured by falling gold and platinum prices after the US Federal Reserve held interest rates steady, while faster producer inflation added to concerns...
Rio Tinto assesses new lithium plant in Argentina, copper opportunities
Rio Tinto is evaluating the construction of a new lithium plant in Argentina that would require about $1-billion in additional investment, Chief Executive Simon Trott said. Trott said the mining...
Russian State firm to create geological map of Mali, build mining data system
Russian State-owned company Rosgeologiya (RusGeology) has signed agreements with Mali to develop a digital geological map and an information system to manage the country's mining sector, the...
Commodity trader Traxys expands global presence amid critical mineral rush
Commodity trader and financier Traxys is growing its global footprint, adding an office in Uzbekistan, and expanding its business in the Middle East to service growing demand for critical minerals,...
Governments should not pick critical minerals winners, mining financiers say
Governments should not choose which critical minerals projects get funding, and instead should invest in shared infrastructure to allow the best projects to move forward, financiers said at a...
Lynas posts 55% revenue jump on record prices, flags plant shutdowns
Australia's Lynas Rare Earths posted a 55% jump in first-quarter revenue on Thursday, helped by record realised prices, while warning that planned shutdowns at its Malaysia and Kalgoorlie...
Vietnam's Vinacomin to keep coal output at 40Mt/y up to 2030, State media reports
Vietnam's top miner Vinacomin plans to keep coal output at 40-million metric tons per year through 2030 to meet domestic demand, mostly for power generation, State media reported on Thursday. The...
World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks
Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment...
Indian miner Vedanta on track to eliminate net debt by December-end, CEO says
Vedanta is on track to eliminate net debt by the end of the year after lowering it sharply due to strong earnings and cash generation, CEO Arun Misra said on Wednesday. The milestone would cap a...
India seeks $220bn clean energy push to meet 2030 target
India needs about $220-billion in clean energy investment over the next three years as it races to expand renewable power and grid infrastructure to meet its target of 500 GW of non-fossil fuel...
Appian targets about $2bn for Africa but warns policy risk is driving capital away
Appian Capital Advisory plans to deploy $5-billion to $7-billion globally over the next 12 to 24 months, with roughly $2 billion for Africa, CEO Michael Scherb said, though policy uncertainty is...
Zambia's President appoints new Mines Minister in Cabinet changes after election
Zambia's President Hakainde Hichilema on Wednesday appointed Brenda Tambatamba as the Southern African copper-producing country's new Mines Minister, among Cabinet changes after he won a second...
Freeport tops profit estimates on copper rally as Grasberg recovery continues
Freeport-McMoRan beat Wall Street estimates for third-quarter profit on Tuesday, as higher copper prices offset lower output at its Grasberg complex in Indonesia, which is still recovering from a...
Peru's Antamina copper mine halts operations after worker death
Peru's Antamina, one of the country's biggest copper mines, said on Tuesday it had suspended operations as a precaution after a worker died in an accident at its Yanacancha site. Antamina - whose...
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