SGX to use Dow Jones coking coal index for new contract

Dow Jones said on Thursday that it has reached an agreement with the Singapore Exchange that would allow the bourse to reference its coking coal index for a new derivative contract. Dow Jones'... 

New Zealand grants new energy mining permit in the Taranaki Basin

New Zealand's centre-right coalition government on Thursday granted a new energy mining permit in the onshore Taranaki region, an oil-and-gas-rich area on the country's North Island, saying it... 

Australia's Northern Star rejects Elliott board overhaul demand

Australian gold miner Northern Star Resources said on Thursday that it would be unable to commit to some of Elliott Investment Management's recommendations for an overhaul of the board as the... 

Antofagasta earnings boosted by copper prices despite output drop

Chilean miner Antofagasta posted a 27% increase in half-year core earnings on Thursday as high prices for copper offset lower production, but a shutdown at one of its mines led it to cut its 2026... 

EGA's Al Taweelah aluminium smelter running at 18%, expects full return in early 2027

Emirates Global Aluminium (EGA) said on Wednesday its Al Taweelah smelter was operating at 18% of capacity and is expected to return to prior output levels in early 2027. An Iranian strike in... 

Sweden gives go-ahead to Boliden copper mine project

The Swedish government said on Wednesday it has given Boliden the green light to proceed with the company's copper mine project in Laver, northern Sweden. Project still needs approval from... 

Claims against Radiant World assets have doubled since 2025, filings show

One of the world's largest iron-ore traders, Radiant World, has 21 creditors with registered claims over its assets, more than double the number before the start of 2025, according to registered... 

US natural gas output, demand to hit record highs in 2026, EIA says

US natural gas supply and demand will both rise to record highs in 2026, the US Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday. The EIA projected dry gas... 

Freeport Indonesia's unit Smelting Gresik halts operations for furnace repairs

Freeport Indonesia said on Wednesday that smelter operations at its Smelting Gresik subsidiary have been stopped since August 8 for furnace repairs. Freeport Indonesia CEO Tony Wenas said in a... 

Elliott pushes Australian gold miner Northern Star for board change after talks stall

Elliott Investment Management pressed Northern Star Resources for director changes on Wednesday, unveiling a slate of six possible candidates and inviting shareholder support after negotiations... 

Coal India weighs buying Canada's Wealth Minerals unit for Chile lithium assets, sources say

Coal India, the world's largest coal miner, is considering acquiring a unit of Canada's Wealth Minerals with lithium mining assets in Chile, two sources familiar with the matter said. The move... 

Rustenburg mine dump collapse kills 14 illegal miners, police say

RUSTENBURG - At least 14 suspected illegal miners were killed and eight injured when a mine dump collapsed in South Africa's North West province on Monday night, police said. Search and rescue... 

India's Hindustan Copper plans to sell copper concentrate sourced from Chile to Hindalco, Adani, sources say

State-run Hindustan Copper plans to sell copper concentrate produced by mines it is acquiring from Chile's Codelco to Hindalco and Adani, aiming to meet India's growing appetite for the red metal,... 

New ConocoPhillips CEO inherits $7bn cash flow pledge riding on Alaska oil project

Andy O'Brien will succeed longtime ConocoPhillips CEO Ryan Lance next month and will inherit a major Alaska oil project to complete, costs to control and a share price that has recently lagged... 

Glencore's exposure to Radiant World more than $500m, sources say

Glencore's exposure to Radiant World, a company with which the London-listed miner and trader has stopped doing new business, amounts to more than half-a-billion dollars, two sources familiar with... 

Chile to reinvest all of Codelco's 2025 profits in debt-laden copper miner

Chile will reinvest all of State-owned copper miner Codelco's 2025 profits into the company, Mining Minister Daniel Mas said on Monday, boosting funding for a producer grappling with a heavy debt... 

Australia and Vietnam deepen strategic partnership

Australia and Vietnam agreed on Tuesday to deepen their comprehensive strategic partnership, signing cooperation agreements spanning defence, agriculture and border security. The two countries... 

Surge in China's coal imports may start to taper off

China's coal imports surged to the highest this year in July but the strength is deceiving and built on short-term factors that are unlikely to persist. Total coal imports rose 23% in July from... 

Barrick says Newmont deal clears path for North American IPO

Barrick Mining reported a rise in second-quarter profit, buoyed by higher bullion prices, and struck a $1.95-billion deal with Newmont Corporation to settle disputes over Nevada Gold Mines.... 

Freeport Indonesia aims for Manyar smelter restart next month, CEO says

Copper and gold miner PT Freeport Indonesia plans to resume production at its Manyar smelter in September as copper concentrate production from its Grasberg mine gradually recovers, CE Tony Wenas... 

China's gold reserves rise by most since October 2023 as buying pace quickens

China's central bank stepped up its gold purchases for a fifth straight month in July, adding the most bullion to its reserves since October 2023, official data showed on Friday. The People's Bank... 

Indonesia says mineral export resume after delays over rare-earth testing

Exports of Indonesian mineral products have resumed after delays linked to testing for rare-earth element contents, with shipments of alumina hydroxide and alumina oxide leaving from West... 

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... 

Canadian Natural says oil sands expansions paused until government agreements finalized

Canadian Natural Resources will not move ahead with any mid- to long-term oil sands expansion projects until the details of a recently signed memorandum of understanding with the Canadian and... 

Chile's ENAMI says China antitrust review of Rio Tinto lithium project delayed

The Chinese antitrust regulator review into a lithium project involving Chile's State-run ENAMI and miner Rio Tinto will be delayed by a few months, the head of the South American company said on... 

Trump admin blocks tungsten, battery waste exports to boost US minerals supply

The US Commerce Department said on Thursday it will block exports of tungsten scrap and battery waste, part of a push to boost the domestic recycling industry and critical mineral production. The... 

MP Materials results beat expectations on rising sales, US price support

Rare earths producer MP Materials reported second-quarter results on Thursday that beat analysts' expectations owing to rising sales and its price support agreement with the US government. The... 

China's July rare earth exports hit a four-month low amid demand lull

China's exports of rare earths in July extended a decline for a second straight month, down 17.3% from the prior month, as a summer lull dented overseas demand. The world's largest rare earth... 

CATL's Jianxiawo lithium mine remains closed pending environmental approval, state media reports

Chinese battery maker CATL's Jianxiawo lithium mine remains pending environmental approval, State media reported on Friday. The mine, in the city of Yichun in Jiangxi Province, is also undergoing... 

Ariana Resources targets 2028 gold production from rare Zimbabwe greenfield mine

London-listed Ariana Resources ARNR.L expects to start producing gold from its greenfield project in Zimbabwe in 2028, the company's managing director Kerim Sener said on Thursday. Ariana's Dokwe... 

Coal India enters iron ore mining after Odisha block win

Coal India has won the Gadadharpur iron-ore block in the eastern state of Odisha through a competitive auction, the State's director of mines and geology, Rohit Kumar Lenka, said on Thursday. The... 

ConocoPhillips completes $1.7bn asset sale, hits divestiture target early

ConocoPhillips said on Thursday it has completed the sale of $1.7-billion of noncore Lower 48 assets in July, helping the US oil producer reach its $5-billion asset disposition target ahead of... 

Canadian Natural Resources beats quarterly profit estimates

Canada's largest oil and gas producer Canadian Natural Resources surpassed expectations for second-quarter profit on Thursday, benefiting from higher oil and natural gas production. Canadian oil... 

Congo bans exports of copper, cobalt concentrates, official order says

Congo has banned exports of copper concentrate and cobalt concentrate in a major escalation of its drive to force domestic processing and retain more value from its vast mineral resources,... 

US lithium refiner Stardust signs non-binding supply deal with batterymaker Charge CCCV

US-based lithium refiner Stardust Power said on Wednesday it signed a non-binding letter of intent with fellow US-based batterymaker Charge CCCV to supply battery-grade material from its planned... 

Suncor not ready to speed output growth, CEO says, despite government's pro-oil stance

Suncor Energy is not yet willing to accelerate plans for production increases, the company's CEO said on Wednesday, despite large-scale policy reforms promised by the federal and Alberta... 

Potash producer Nutrien misses profit estimates as lower volumes blunt higher prices

Nutrien missed analysts' estimates for second-quarter profit on Wednesday as lower potash and nitrogen sales volumes offset the benefit of higher fertilizer prices at the world's largest potash... 

Albemarle quarterly profit beats expectations on rising lithium prices

Albemarle, the world's largest producer of lithium for batteries, posted a better-than-expected quarterly profit on Wednesday owing to a jump in prices for the ultra-light metal. The results... 

China's CMRG tells some steel mills to halt talks with Rio Tinto for shipments from September, sources say

China's State-owned iron-ore buyer has directed some steel mills to halt negotiations with Rio Tinto for shipments from September, two sources said, escalating pressure on the world's top iron-ore... 

Canada's Gran Tierra to sell South American assets to Maurel and Prom in $1.3bn deal

Canadian oil and gas producer Gran Tierra Energy said on Wednesday it had agreed to sell its Colombian and Ecuadorean oil operations to France's Maurel & Prom for $1.33-billion, including debt....