Fortescue sees power sales from Pilbara green grid when demand emerges, declares lower dividend

Fortescue's green grid investment in Australia's northwest is set to provide surplus energy that it can sell to data centres as commercial demand develops, although it has yet to ink any supply... 

India's Aditya Birla Capital to enter gold loan market, targets 1 000 branches

Financial services company Aditya Birla Capital will enter India's gold loan market and plans to open about 1 000 dedicated branches over the next three years to expand its secured lending... 

Fortescue hires law firm to investigate sexual harassment allegations against senior executive

A senior executive under investigation for sexual harassment and bullying is still working at Fortescue while an inquiry is underway, the company's energy chief Gus Pichot said on Thursday.... 

Greater regulatory scrutiny no bar to mining mergers, bosses say

Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical... 

Indian steel mills face margin squeeze as global coking coal prices rise

Indian steel mills are facing mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and China and the Iran war, raise steelmaking costs, executives... 

Lundin Mining lowers 2026 copper outlook after second Chile storm

Canadian miner Lundin Mining said on Wednesday it had lowered its 2026 copper production forecast after a second severe winter storm hit its operations in Chile's Atacama region, delaying the... 

Chile's SQM beats quarterly profit estimates on higher lithium sales, prices

Chile's SQM, the world's second-largest lithium producer, beat second-quarter net profit estimates on Wednesday owing to higher prices and sales volumes. The company posted a net profit of... 

Canada's oil producers target late 2027 for Pathways carbon capture decision

Canada's biggest oil producers are targeting late 2027 for a final investment decision on their proposed six-million-tonne carbon capture and storage project, a key piece of the country's plan to... 

Australia's Whitehaven Coal posts 29% drop in annual profit, shares fall

Australia's Whitehaven Coal reported a bigger-than-expected 29% drop in annual profit on Wednesday, hurt by lower realised coal prices, sending its shares more than 4% lower even as the miner... 

Aluminium giant Rusal swings to first-half profit on higher commodity prices

Russian aluminium giant Rusal swung to a first-half adjusted net profit on Wednesday, driven by higher aluminium prices linked to heightened global volatility. The world's largest aluminium... 

Wanguo Gold to launch $701m convertible bond issue for overseas asset acquisitions

Hong Kong-listed miner Wanguo Gold Group said on Wednesday it had agreed to issue HK$5.50-billion ($701.18-million) worth of 0.75% convertible bonds maturing in 2027 to buy overseas gold mining... 

Mali gold output jumps 30% in first half, beating forecasts

Mali's industrial gold production rose about 30% in the first half of 2026, surpassing government forecasts and signaling a rebound from a difficult 2025 marked by tensions between the state and... 

Aramco and Maaden to form mineral exploration venture in Saudi Arabia

State oil giant Saudi Aramco and Saudi mining company Maaden plan to form a joint venture that will focus on mineral exploration and hard-rock mining in the kingdom, they said on Tuesday.... 

Indonesia's planned commodity exchange likely to cover palm oil, nickel, coal

Indonesia's planned exchange for "mineral and strategic commodities" will likely include palm oil, nickel and coal, a presidential spokesperson said as the government makes preparations to launch... 

Gold shows early signs of reclaiming safe-haven appeal after Iran war selloff

Gold's 9% rebound in August to around $4 400 an ounce suggests bullion is starting to regain favour with institutional investors and central banks, leaving the market better placed to extend gains... 

Chile's Codelco nears Pucobre deal as new leadership pushes partnerships, asset review

Chilean State miner Codelco is close to signing an agreement with local miner Pucobre on the Tovaku copper project in northern Chile, chairperson Bernardo Fontaine said in a television interview on... 

Glencore’s planned Australian debut draws interest as investors look past coal

Glencore could leap into top market indices within six months of listing in Australia as fund managers' copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said... 

ExxonMobil awards $1.1bn in contracts for Mozambique's Rovuma LNG project

ExxonMobil said on Monday it has awarded about $1.1-billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado. The US oil major... 

US proposes seabed mining auction off Northern Mariana Islands

The US Interior Department on Monday proposed a sale this year of deep-sea mining leases in US waters surrounding the Northern Mariana Islands, the latest step in President Donald Trump's push to... 

BHP profit tops estimates as copper powers growth, to pay highest dividend in 4 years

BHP Group reported better-than-expected full-year earnings and declared its highest annual dividend in four years, boosted by record copper prices that cemented the metal's lead over iron-ore as... 

BHP, Port Hedland unions fail to reach wage deal; talks to resume on August 25

The Combined BHP Ports Unions said on Tuesday that it had failed to reach an agreement with BHP on a wage deal for workers at its Port Hedland operations in Western Australia, with the two sides... 

Canadian miner NexGen Energy holds talks with BHP as it seeks $1bn for uranium project

Canadian uranium miner NexGen Energy is sharing information and "talking regularly" with mining giant BHP, about its Rook I mining project in Saskatchewan, CEO Leigh Curyer told Reuters when asked... 

Canada's OceanaGold to buy Ausgold for about $553m, expand Australia presence

Canadian gold and copper producer OceanaGold plans to acquire Australia's Ausgold in a deal valued at A$776-million ($552.74-million), the companies said on Monday. The deal represents a premium... 

South Africa's Traxtion bets on regional rail reforms and mineral boom

South African rail services provider Traxtion is positioning itself to profit from a regional mineral boom and sweeping reforms across the continent that are opening up freight rail networks to... 

Chile's Codelco shuffles leadership as new CEO tightens mining oversight

Chilean state miner Codelco unveiled a sweeping management reshuffle on Friday, installing a senior executive at its troubled El Teniente mine and reorganizing oversight of its operations. The... 

Canadian Minister says Canada, US far apart on draft trade deal, source says

Canada and the US are still far from reaching a draft trade deal despite regular meetings, Dominic LeBlanc, the Canadian Minister responsible for trade with the US, told an advisory committee on... 

Fortescue's Super Special Fines iron-ore stocks at China ports at five-week high, traders' data shows

Stocks of Fortescue's Super Special Fines, a type of lower-grade iron-ore, held at Chinese ports have surged to a five-week high following a ban from Beijing on the brand, according to calculations... 

Chile says revived Argentina mining treaty could unlock $20.7bn, boost copper supply

Chilean Mining Minister Daniel Mas said on Thursday that reviving a mining integration treaty with Argentina could unlock more than $20.7-billion in investment and add 540 000 metric tons of copper... 

BHP's Escondida urges regulatory certainty in Chile to boost copper investment

The head of BHP-controlled Escondida, the world's largest copper mine, on Thursday urged Chilean authorities to provide legal, regulatory and tax certainty to help copper mining projects move... 

China's CMRG asks some traders to buy iron-ore on its platform, sources say

China's State-run iron ore buyer has asked some domestic traders to buy cargoes on its own trading platform, sources said, in a move to reinforce its control over trading and pricing of the key... 

Norsk Hydro's Alunorte ramps up production after deal with gas supplier

Norsk Hydro's Alunorte refinery in Brazil has started ramping up alumina production to full capacity after reaching a temporary agreement with its gas supplier, the Norwegian company said on... 

STG buys large amount of aluminium from Radiant World, sources say

STG, a trading company funded by principals of the US hedge fund Squarepoint, has bought a large amount of aluminium from Radiant World as the commodity trading house sells off inventory to raise... 

India's Jharkhand state CM urges Modi to rethink mining bill, citing revenue hit

The Chief Minister of the Indian State of Jharkhand has urged Prime Minister Narendra Modi to reconsider a bill that would restrict States' ability to levy charges on mining activities. In an... 

Aluminium on thin ice as LME stocks hit 36-year low, Reuters says

London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary... 

Indonesia's Prabowo says new State firm's role is to monitor key commodity exports

Indonesian President Prabowo Subianto said on Friday that a new State export firm will monitor key commodity shipments and its role will be expanded, but said it would not take over control of... 

Indonesian nickel miner group says 2026 production quota additions to be granted selectively

The Indonesian government will grant additional nickel ore production quotas selectively and only to smelters that are running low on raw materials, an industry association said on Thursday, as the... 

China's August copper output to fall as acute feedstocks shortage bites, Antaike says

China's refined copper output in August will post an annual decline for a second straight month, constrained by an acute shortage of feedstocks, State-backed research house Antaike said on... 

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 

Codelco's stalled project in El Teniente to start production in 2029, executive says

Chilean state miner Codelco expects to begin production at an expansion project within its flagship El Teniente copper mine in 2029, the mine's general director Gustavo Reyes said on Wednesday.... 

Venezuela looks to UK-held gold reserves for reconstruction as inflation surges

Venezuelan authorities plan to focus on reconstruction efforts and recovering gold reserves worth an estimated $4-billion held in the Bank of England's underground vaults, National Assembly chief...