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By Reuters

Ramaco CEO says Wyoming coal mine discoveries include gallium, germanium

7th December 2023

Ramaco Resources said it found two more rare minerals in a Wyoming coal mine, adding to its discovery of what the company has called one of the largest deposits of rare-earth elements in the US.... 


US IRA is 'cream on top' as Arcadium eyes lithium growth

US IRA is 'cream on top' as Arcadium eyes lithium growth

7th December 2023

US subsidies for critical minerals development will support growth for top three lithium producer Arcadium Lithium if the $10.6-billion Livent and Allkem merger creating the new company goes ahead,... 


State auditors recommend Freeport Indonesia be fined for smelter delays

6th December 2023

Indonesian state auditors have recommended the energy ministry fine Freeport Indonesia for delays in its plan to build a copper smelter, estimating that such a penalty could amount to... 


China metals firms see US rules unlikely to upend supply chains

China metals firms see US rules unlikely to upend supply chains

6th December 2023

Chinese firms producing and processing battery materials see new US rules aimed at limiting Beijing’s grip on the electric-vehicle industry as less stringent than feared, allowing them to preserve... 


Rio Tinto looking at synergies to reshape portfolio, not big M&A

6th December 2023

Rio Tinto is focused on reshaping its portfolio with joint ventures rather than huge mergers and acquisitions, CEO Jakob Stausholm said on Wednesday. "The last thing we need is very big M&A,... 


China to set up coal production reserve to stabilise prices

6th December 2023

China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even as it aims to start phasing down coal use in the... 


Rescuers pull out first survivor of Zambia landslide that trapped 25 miners

6th December 2023

Rescue workers in Zambia have pulled out the first survivor of a December 1 landslide that inundated a open-pit copper mine and trapped at least 25 people who were working there without a permit,... 


Vale offers iron-ore price support with steady output plan

Vale offers iron-ore price support with steady output plan

6th December 2023

Brazilian iron-ore giant Vale plans to keep its production of the steelmaking ingredient steady next year, potentially offering some support to the recent price rally. The world’s second-largest... 


Antofagasta, union begin mediation to avoid strike

6th December 2023

Chilean copper mining company Antofagasta and workers at its Centinela mine on Tuesday began a government mediation process after contract talks failed, a last resort before the union could go on... 


Gold's record run faces speed bumps, but new peaks beckon

Gold's record run faces speed bumps, but new peaks beckon

6th December 2023

The momentum propelling gold to a record $2 135.40 per ounce on Monday may fizzle short term, due to uncertainty over the timing of US monetary easing, but wider geopolitical risks should also... 


The site plan for Piedmont's Carolina operations

Piedmont Lithium gets another extension amid North Carolina mine permit review

6th December 2023

North Carolina regulators have granted Piedmont Lithium's request for more time to provide information needed to complete the state's long-running review of the company's mine permit application.... 


Rio Tinto brings forward Simandou iron-ore production to 2025

Rio Tinto brings forward Simandou iron-ore production to 2025

6th December 2023

Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2-billion including on port and rail... 


Zambia's President hopeful that trapped miners still alive

5th December 2023

Zambia's President Hakainde Hichilema said on Tuesday he was still hopeful that at least 25 informal miners trapped four days ago by a mudslide at an openpit copper mine were still alive, as rescue... 


Nornickel and Chinese partners seek place for palladium in energy transition

5th December 2023

Russian metals giant Nornickel has teamed up with some of its Chinese clients to test new catalysts for the hydrogen industry as it seeks to find a place for palladium in the global green energy... 


The Indian ocean

Norway Parliament in deal to advance seabed mining

5th December 2023

Norway's minority Labour-led government has struck a deal with two opposition parties to open Arctic oceans to mineral exploration, a key step on the way to full-scale seabed mining, a spokesperson... 


Western start-ups seek to break China's grip on rare earths refining

5th December 2023

Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West's expansion into the niche sector that underpins... 


Gold ETF records strongest inflows in 20 months as bullion's price hits record

4th December 2023

Investors returned to a popular exchange-traded fund tracking gold in November, as prices of the yellow metal scaled a record high on growing hopes that the Federal Reserve will ease monetary... 


Zambia digs for at least 25 miners buried in openpit mudslide

4th December 2023

Rescue workers in Zambia were still searching on Monday for at least 25 informal miners buried alive three days ago by a mudslide at an openpit copper mine, Mines Minister Paul Kabuswe said. The... 


First Quantum CEO Tristan Pascall

First Quantum CEO: long-term sustainability uncertain if Panama operations end

4th December 2023

The CEO of Canadian miner First Quantum said he would have to look into how the company could sustain its finances in the long term, given Panama's push to annul operations at its local copper... 


First Quantum starts international arbitration on Cobre Panama mine

First Quantum starts international arbitration on Cobre Panama mine

1st December 2023

First Quantum Minerals will suspend its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's... 


Zambia selects UAE's IHC unit as new partner in Mopani Copper Mines

1st December 2023

Zambia has selected United Arab Emirates' International Resources Holdings as the new strategic equity partner in Mopani Copper Mines, state-firm ZCCM-IH said in a statement late on Thursday. IRH,... 


A copper and cobalt mine in the DRC

Congo's Gecamines to push for copper, cobalt trading share

1st December 2023

Congo's State mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals. To do... 


China lithium price poised for further decline in 2024 - analysts

China lithium price poised for further decline in 2024 - analysts

1st December 2023

Lithium carbonate prices in top consumer China could fall by more than 30% next year from the current level, analysts say, as growing supply from all major producers outpaces the rise in demand... 


Chile's Codelco chief commercial officer resigns

1st December 2023

Chile's state copper producer Codelco said on Thursday that its chief commercial officer, Carlos Alvarado, was resigning from the company, effective the same day. Alvarado's replacement will be... 


Zimbabwe orders lithium miners to submit refinery plans by March 2024

30th November 2023

Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance... 


Saudi Arabia studies graphite, rare earths trading platform - minister

30th November 2023

Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, including graphite and rare earths, its vice minister of industry and mineral resources... 


After court victory, LME bids to reboot confidence

30th November 2023

As the London Metal Exchange (LME) savours its court victory over cancelled nickel trades, it still faces a host of challenges including ongoing repair of its damaged nickel contract and reputation... 


AustralianSuper builds stake in lithium miner Pilbara Minerals

30th November 2023

Australia's largest pension fund on Thursday emerged as a 5.1% stakeholder in Pilbara Minerals after snapping up shares now worth A$558-million at a time of heightened interest in the country's... 


Sandfire says damaged Aboriginal cultural heritage

Sandfire says damaged Aboriginal cultural heritage

30th November 2023

Global miner Sandfire said on Thursday it had damaged Aboriginal cultural heritage at a copper mine in Western Australia, and that it had informed the traditional owners and the state's heritage... 


India launches first part of critical minerals auction worth $5.4bn

30th November 2023

India on Wednesday launched the first part of its critical minerals auction worth an estimated 450-billion rupees ($5.40-billion), the country's mines minister said. Mines Minister Pralhad Joshi... 


First Quantum CFO says too early to bring in partner for Panama copper project

First Quantum CFO says too early to bring in partner for Panama copper project

30th November 2023

First Quantum Minerals said on Wednesday it is too early and challenging to bring a new partner into its flagship Panama copper project as the Canadian company declared force majeure on output from... 


Exxaro widens critical metals search to greenfield assets

29th November 2023

Exxaro Resources is expanding its search for critical mineral assets to greenfield projects, the miner said on Wednesday, as it pursues its strategy to diversify away from coal. Exxaro, one of... 


LME triumphs in lawsuit over cancelled nickel trades

29th November 2023

The London Metal Exchange (LME) on Wednesday won a legal battle against US financial firms demanding $472-million in compensation after the exchange cancelled billions of dollars in nickel trades... 


Boliden warns of lower Q4 copper ore throughput at Aitik mine

29th November 2023

Swedish mining group Boliden on Wednesday said throughput of copper ore in one of the mills at its Aitik mine would be lower than expected in the fourth quarter due to an unplanned maintenance stop... 


Iron-ore poised to hit $150 in 2024 on Chinese stimulus, analysts say

Iron-ore poised to hit $150 in 2024 on Chinese stimulus, analysts say

29th November 2023

Seaborne iron-ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China... 


Chile mining body says new lithium projects needed beyond SQM, Albemarle

Chile mining body says new lithium projects needed beyond SQM, Albemarle

29th November 2023

The head of one of Chile's top mining associations on Tuesday urged the government to speed up efforts to expand the lithium industry without waiting to hammer out deals with miners SQM and... 


What happens next after Panama's top court strikes down First Quantum contract?

29th November 2023

Panama's top court on Tuesday ruled that First Quantum Minerals' new contract unconstitutional after unprecedented protests against the mining contract that the Canadian miner signed with the... 


Strike at MMG's Las Bambas copper mine in Peru to end on Thursday

29th November 2023

workers union at Peru's large Las Bambas copper mine, owned by China's MMG, began a two-day strike on Tuesday to demand greater profit sharing and better transport conditions, said the union's... 


Coal miners group expects Indonesia's 2023 coal output to surpass target

29th November 2023

The Indonesian Coal Mining Association (ICMA) expects the country's 2023 coal output to surpass the official target of 695-million metric tons, a group official said on Wednesday. "As of today,... 


A person holding a rough diamond

Angola's new diamond mine opens against backdrop of weak demand

28th November 2023

Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global... 


Glencore's Mutanda mine to produce less cobalt on ore depletion - sources

27th November 2023

Depleting ore grades of cobalt deposits at Glencore's Mutanda mine in Congo means the miner will produce up to 15% less a year of the battery metal, three sources with knowledge of the matter said.... 


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