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Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

By Reuters

China April coal imports rise on lower domestic output, summer restocks

9th May 2024

China's coal imports rose in April, customs data showed on Thursday, fuelled by lower domestic production and greater buying by power generators to swell stockpiles ahead of the peak summer demand... 


Brazil court rejects requests to block $15.7bn from Vale, BHP

9th May 2024

A Brazilian federal court rejected a request made by the country's solicitor general's office asking that miners Vale, BHP and their joint venture Samarco pay 79.6-billion reais ($15.64-billion)... 


China's 2024 iron-ore imports seen similar to last year's - Vale

China's 2024 iron-ore imports seen similar to last year's - Vale

9th May 2024

Imports of iron-ore by China, the world's biggest buyer, in 2024 are expected to be around 1.17-billion to 1.18-billion metric tons, similar to last year's 1.18-billion tons, a senior official of... 


Nutrien beats quarterly profit estimates on robust North America demand

9th May 2024

Nutrien, the world's biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower... 


Australia backs long-term gas exploration despite 2050 climate goals

Australia backs long-term gas exploration despite 2050 climate goals

9th May 2024

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


Indonesia says nickel reserves enough for expansion, despite moratorium call

8th May 2024

Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new... 


Freeport is preparing to ship as much as 900 000 t of copper concentrate from its Grasberg mine

Indonesia says it will extend copper export permits for Freeport, Amman

8th May 2024

Indonesia will extend copper concentrate export permits for Freeport Indonesia and Amman Mineral Nusa Tenggara, President Joko Widodo told reporters on Wednesday, adding that details of the... 


Piedmont Lithium wins US state mining permit after posting reclamation bond

Piedmont Lithium wins US state mining permit after posting reclamation bond

8th May 2024

Tesla supplier Piedmont Lithium has officially obtained a North Carolina state mining permit after posting a $1-million reclamation bond to develop an open-pit mine that would become one of the... 


The Sishen iron-ore mine

BHP insists Anglo American's South African assets must go in any takeover, sources say

7th May 2024

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows

Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows

6th May 2024

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


Big Oil finds more to love in deepwater exploration fields

6th May 2024

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Argentina mining exports up 4.3% in 2023 as industry confidence grows

6th May 2024

Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help... 


Strong copper price reviving Peru's mining mojo, Minister says

6th May 2024

Peru's dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor... 


The Tenke Fungurume mine in the DRC

Congo's $7bn infrastructure deal with China will depend on copper prices

6th May 2024

About $7-billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of... 


Mulino will inherit the controversy surrounding the Cobre Panama copper mine.

Panama's Mulino wins Presidency with support from convicted former leader

6th May 2024

PANAMA CITY - Panama's former security minister Jose Raul Mulino on Sunday stormed to victory in a presidential poll dominated by his old boss, the popular ex-leader Ricardo Martinelli, who... 


Panama to bar First Quantum from mining copper during closure process

Panama to bar First Quantum from mining copper during closure process

3rd May 2024

Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's Trade Minister Jorge Rivera Staff told Reuters, adding that... 


Brazil rejects Vale, BHP settlement offer for Mariana disaster

3rd May 2024

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday.... 


Anglo CEO meets South Africa's mines minister after BHP's takeover proposal

3rd May 2024

 Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source... 


Boliden to restart its Tara zinc mine in Ireland

Boliden to restart its Tara zinc mine in Ireland

3rd May 2024

Swedish mining group Boliden will restart production at its Tara zinc mine in Ireland after it was paused in 2023, it said on Friday. The mine was put on care and maintenance last year after... 


Anglo American boosts London's FTSE 100 to near record high

3rd May 2024

Britain's FTSE 100 opened near record highs on Friday, boosted by Anglo American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new... 


Zimbabwe's sole nickel mine placed under administration

3rd May 2024

Zimbabwe's only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.... 


Albemarle may lower capex if lithium prices stay low

Albemarle may lower capex if lithium prices stay low

3rd May 2024

Albemarle, the world's largest producer of lithium for electric vehicle batteries, could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on... 


Canadian Natural Resources considering major expansion of Horizon oil sands mine

3rd May 2024

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday.... 


Hudbay is building Copper World, where it expects about 92 000 metric tons of average copper production over the first ten years.

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

3rd May 2024

he CEO of Canadian miner Hudbay Minerals said BHP Group's $39-billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a... 


Glencore studying an approach for Anglo American, sources say

Glencore studying an approach for Anglo American, sources say

3rd May 2024

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet... 


Alrosa says output stable amid Western sanctions

Alrosa says output stable amid Western sanctions

2nd May 2024

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its CEO Pavel Marinychev said on Thursday. The Russian finance ministry said last month that Russia... 


Graphite miners lobby US govt to impose levy on China-sourced EV material

Graphite miners lobby US govt to impose levy on China-sourced EV material

2nd May 2024

North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing's monopoly on a key material used in... 


Brazil Potash aims to beat Russian, Canadian suppliers on price

2nd May 2024

The cost to produce potash from a mine being developed in the Brazilian Amazon will be similar to Russia's and lower than in No. 1 producer Canada, said the CEO of Brazil Potash, citing a... 


Australia's second-largest pension fund blacklists thermal coal investments

Australia's second-largest pension fund blacklists thermal coal investments

2nd May 2024

Australian pension giant Australian Retirement Trust said on Thursday it would stop investing in most thermal coal companies from July as part of a plan to hit net zero emissions across its... 


Canada's long-delayed Trans Mountain oil pipeline starts operations

Canada's long-delayed Trans Mountain oil pipeline starts operations

2nd May 2024

After 12 years and C$34-billion, Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets... 


Barrick Gold beats estimates for quarterly profit

Barrick Gold beats estimates for quarterly profit

2nd May 2024

Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica. Prices of the... 


BHP is betting on developing the Reko Diq copper project in Pakistan

Barrick Gold is not interested in bidding for Anglo American, CEO says

2nd May 2024

arrick Gold is not interested in bidding for Anglo American, which last week received a $39-billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark... 


China's Zhaojin wins control of Australia's Tietto Minerals in $475m deal

2nd May 2024

China's Zhaojin Capital has won control of Australia's Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733-million ($474.62-million), according to a... 


Stuart Chambers

Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM

2nd May 2024

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing... 


US President Joe Biden

US reforms environmental law to speed up clean energy, infrastructure approval

30th April 2024

The White House on Tuesday reformed the US environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar... 


A hydrogen-powered truck in operation at Anglo American Platinum's Mogalakwena mine

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

30th April 2024

BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African... 


Tietto asks investors to accept Zhaojin's offer or sell shares

30th April 2024

Australia's Tietto Minerals has urged its shareholders to accept Zhaojin Mining's offer that values the firm at A$733-million or sell shares on-market if the market price is not materially... 


Anglo will hold its AGM in London on Tuesday

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

30th April 2024

Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing... 


President Cyril Ramaphosa's spokesperson Vincent Magwenya

South Africa views BHP bid for Anglo as 'normal market activity'

29th April 2024

South Africa views BHP Group's proposed bid for Anglo American as "normal market activity" and is following the process as it unfolds, President Cyril Ramaphosa's spokesperson said on Monday. BHP... 


River Doce in Minas Gerais in 2022. The Samarco dam collapse destroyed land along the river's banks.

Vale, BHP propose $25bn settlement for Mariana disaster reparations

29th April 2024

Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam burst, which killed 19 people and... 


BHP tells investors Anglo bid is 'on strategy', stresses discipline

BHP tells investors Anglo bid is 'on strategy', stresses discipline

29th April 2024

BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's... 


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