Vale starts producing test loads of iron ore briquettes

Brazilian miner Vale has started test loads of its iron-ore briquette and is preparing to begin serving a backlog of customers, a top executive said, saying the new product should help steelmakers... 

Coal miners forced to save for a rainy day by insurance snub

Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge... 

French miner Eramet suspends its operations in Gabon, shares sink

French miner Eramet whose mines in Gabon make it the world's largest producer of high-grade manganese ore, has suspended all operations in the country because of an ongoing coup, it said on... 

Indonesian nickel smelters turn to Philippines for ore as local supply tightens

Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the raw... 

India asks US to release funds frozen over suspected Russia diamond link - sources

India has asked the United States to release $26-million belonging to at least two Indian diamond firms frozen due to their alleged trade links with sanctioned Russian diamond major Alrosa, three... 

Harmony returns to profit as output rises

Harmony Gold Mining, South Africa's biggest gold producer by volume, said profit in the 12 months through to June rebounded to $275-million from a net loss of $48-million in the prior period. The... 

Sibanye slumps as CEO pushes on with bid to buy Mopani Copper Mines

Shares in Sibanye-Stillwater slumped more than 11% on Tuesday as its CEO confirmed the South African company is pressing ahead with a bid for Zambia's Mopani Copper Mines after a 37% slump in... 

Polyus H1 adjusted net profit jumps 33% y/y

Russia's largest gold miner Polyus posted a 33% year-on-year jump in January to June adjusted net profit on Tuesday, and a 37% earnings before interest, taxes, depreciation and amortisation... 

At least 13 killed in attack at Congo gold quarry

Unidentified militiamen killed at least 13 people in an overnight attack on a gold quarry in eastern Democratic Republic of Congo, an army spokesperson and a civil society leader said. The attack... 

Mali President signs new mining code in bid to raise govt stake

Mali's interim President Assimi Goita has signed into law a new mining code which will allow the military-led government to increase its ownership of gold concessions and recoup what it says is a... 

Codelco to cut jobs at head office

Chile State miner Codelco said in a statement on Monday it would make further cuts to its workforce, reducing its head office staff by 10%, or 40 jobs, as it looks to reduce costs amid dwindling... 

Four killed in Vietnam coal mine collapse

Four people have been killed in a collapse in a coal mine in Vietnam's mining centre of Quang Ninh, the state-run Thanh Nien newspaper reported on Sunday. The accident happened late on Saturday at... 

India's Modi urges nations with critical minerals to see custodianship as 'global responsibility'

Indian Prime Minister Narendra Modi said there is a risk of a "new model of colonialism" if nations with critical minerals do not regard custodianship as a "global responsibility", as firms race to... 

Indonesia nickel mining quota delays due to switch back to old system - official

Indonesia's mining quota distribution has been delayed having reverted to an older approval process due to an ongoing investigation into illegal mining, a senior official said on Monday, assuring... 

Chile launches probe into deadly mining accidents at Anglo American, Minera ACF

Chile's government has sent officials to investigate accidents at two mines in the South American country's metropolitan and Tarapaca regions that killed three workers, it said on Sunday. Newly... 

Top uranium producer wants to shake up nuclear decision making

Since the height of the Cold War, the rules governing the safety and security of the global nuclear industry have been decided behind closed doors by a 35-member board that excludes some of the... 

Agarwal mulls listing Vedanta businesses separately

 India's Vedanta will consider separately listing all or some of its businesses, which range from metals and mining to oil & gas and potentially chipmaking, billionaire Anil Agarwal said on... 

Codelco's new CEO Alvarado tasked with finding fixes for copper slide

Chilean state mining giant Codelco's incoming chief executive Ruben Alvarado has a mammoth task ahead of him: boosting copper output from its lowest level in 25 years, reining in ballooning costs,... 

Indonesia's nickel prices surge amid probe into mining approvals

Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in... 

Miners hope to keep 'gold shining' in Mali despite ownership law

Some of Mali's top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations, but analysts said it was likely to... 

Sasol posts 13% rise in annual profit

South African petrochemicals major Sasol posted a 13% rise in annual profit on Wednesday as better operations in the second half offset the impact of weaker crude prices. The company said its... 

Sigma Lithium, eyeing buyout, sues ex-CEO and daughter-in-law over trade secrets

Sigma Lithium, which produces metal used in electric vehicle batteries, has sued a former co-chief executive officer, accusing him of stealing trade secrets to undermine the company's effort to... 

US seeks rapid response mechanism panel in labor dispute at Mexico mine

The US has requested a rapid-response labor mechanism panel at a Grupo Mexico mine under the United States-Mexico-Canada Agreement, the Office of the US Trade Representative said on Tuesday. The... 

No new Novelis deals to buy Russian aluminium since Ukraine war

Novelis is still buying some aluminium from Rusal under contracts agreed before Russia invaded Ukraine, but since the war started last year it has shunned new deals with the Russian firm, the... 

Race for moon resources has begun, says Russia's space chief after failed lunar mission

 The race to explore and develop the moon's resources has begun and Russia must remain a player despite the failure of its first lunar mission in 47 years, the head of Russia's space agency... 

China's July Australian coal imports hit 3-yr peak on healthy margins

Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal. Beijing imposed a variety of... 

Russian miners, Chinese investors interested in Polymetal's Russian assets -FT

Russian miners and Chinese investors are among the parties interested in buying gold and silver producer Polymetal International's Russian assets, CEO Vitaly Nesis told the Financial Times.... 

Codelco taps new chief amid push to grow output

Chile's Codelco, the world's largest copper producer, announced on Friday it has named Ruben Alvarado as the company's new chief executive, an executive who boasts executive experience in mining,... 

Codelco eyes recovering production of 1.7Mt/y by 2030

 Chilean state-run copper miner Codelco expects it will take until 2030 to recover production capacity of 1.7-million metric tons per year, outgoing chief executive Andre Sougarret said on Friday.... 

South32 Appin mine's supervisors to continue strike

 Mining supervisors at Australia's South32's Appin coal mine will continue their strike as they failed to reach an agreement with the management over leave provisions and remuneration, the company... 

Stellantis invests more than $100m in California lithium project

Automaker Stellantis said it would invest more than $100-million in California's Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for... 

A year on, Europe less fearful of US green subsidies push

When the United States launched its massive green subsidies push a year ago, many in Europe feared it would be a fresh blow to their regional economy grappling with the knock-on effects of war in... 

Chilean lithium miner SQM expects stable prices after earnings dip

The CEO of Chilean lithium miner SQM said on Thursday he expects prices for the key battery metal to hold steady in the third quarter from the prior three-month period, while predicting demand... 

Fire kills one at ArcelorMittal mine in Kazakhstan, with four missing

A fire at an ArcelorMittal coal mine in Kazakhstan killed one miner and rescuers are searching for four who were still missing, the company said on Friday. Efforts to contain the flames and... 

Canada crews battle wildfires; all Yellowknife residents evacuating

Canadian fire crews battled on Thursday to prevent wildfires from reaching the northern city of Yellowknife, where all 20 000 residents are leaving by car and plane after an evacuation order was... 

Codelco at risk of insolvency as debt grows, CESCO report says

Chile's Codelco, the world's largest copper producer, is at risk of insolvency due to rising costs and a growing debt pile stemming from projects that missed output targets, Chile’s Centre for... 

Demand headwinds mean no respite in pressure on aluminium prices

A glut of aluminium due to floundering demand in China and elsewhere and soaring supplies will undermine prices of the metal used in the transport, packaging and construction industries, possibly... 

Chilean lithium miner SQM's profit drops as lithium prices drag

Chile's SQM, the world's second-largest lithium producer, missed earning forecasts on Wednesday after reporting its second-quarter net profit dropped 32.5% from the year ago period, pulled down by... 

Chile's president brings back Williams as Mining Minister in Cabinet reshuffle

Chilean President Gabriel Boric on Wednesday named Aurora Williams his new mining minister as he reshuffled his cabinet and looked to push through reforms to increase state income from mining in... 

Copper hovers above seven-week low, zinc slumps after inventory jump

Copper prices held above seven-week lows on Wednesday as a weaker dollar offered support while zinc dropped to its weakest in two months after a surge in inventories. Three-month copper CMCU3 on...