Chile court extends closure of Lundin copper mine over sinkhole

A work stoppage order by a Chilean environmental court on Thursday will prevent Canadian miner Lundin from reopening its Alcaparrosa copper mine, which it closed nearly a year ago after a gaping... 

ERG asks Congo to lift copper unit ban, denies pollution charge

Eurasian Resources Group has asked authorities in Congo to reconsider a three-month ban imposed on its Boss Mining unit's copper and cobalt operations after the government accused the miner of... 

Cameroon to start building railway to disputed iron-ore project in August

Cameroon will begin construction in August of a railway line connecting its coast to a large iron-ore deposit straddling its border with Congo Republic, the interim mines minister said. The central... 

Reduced appetite from central banks to bring gold demand down in 2023 - Metals Focus

Demand for gold will drop 9% to 4 375 metric tons this year with central banks' appetite falling from last year's all-time high, consultancy Metals Focus said, adding that gold prices would be... 

Anfield Energy to buy uranium project in New Mexico from enCore Energy

Canada-based Anfield Energy said on Tuesday it will buy the Marquez-Juan Tafoya uranium project in New Mexico from enCore Energy's wholly-owned subsidiary Neutron Energy for C$16.1-million.... 

Wesdome names Anthea Bath CEO in industry's rare female hire

Wesdome Gold Mines appointed Anthea Bath as its next CEO, a rare example of a female CEO leading a Canadian mining company. Bath, who will join the Toronto-based gold producer on July 1 after... 

Bauxite miners urge Indonesia to rethink export ban as deadline looms

Days before Indonesia is set to implement a ban on exports of unprocessed bauxite, miners have again implored the government to reconsider the policy because domestic facilities are inadequate for... 

Eramet opens Chile office in lithium push

 French mining group Eramet has opened an office in Chile, it said on Monday, as it looks to develop lithium production in South America to supply battery makers. The office, whose role is to... 

South32 hires RBC for Botswana copper bid – source

Australian diversified miner South32 has picked investment bank RBC Capital to help it put together a bid for Botswana's Khoemacau copper mine, a source familiar with the matter said on Tuesday.... 

Copper under pressure from demand worries and dollar

Copper prices came under pressure on Monday from worries about demand, particularly in top consumer China, and a stronger dollar which makes metals priced in the US unit more expensive for holders... 

Polymetal considers divestment of Russian business

Gold and silver producer Polymetal International is considering divesting its Russian operations and senior managers have resigned from Russia-related duties after the imposition of US sanctions,... 

Japanese miners see Chile's tax hikes deterring new investment

Japan's miners see higher taxes in Chile potentially discouraging them from investing in new mines in the world's top copper producer but would not lead them to quit existing projects, the head of... 

Mine collapse kills at least 12 in southern Venezuela

Flooding collapsed a gold mine in southern Venezuela, killing at least 12 miners, local authorities said on Sunday, adding that the victims' bodies were returned to their families. The Talavera... 

Chile's copper output dips slightly in April, says Cochilco

Chile's total copper production fell 0.8% in April to reach 416 200 t, government copper commission Cochilco announced on Friday. Chile is the world's top miner of the highly-conductive red metal. 

Zimbabwe aims to double power output by 2025 to meet mining demand

Zimbabwe's State power utility ZESA aims to more than double national grid capacity by 2025 to respond to increased demand from the mining sector, its chief executive said on Thursday. The country... 

Colombia coal production may grow 10.7% in 2023, industry group says

 Colombia's coal production could hit 71.9-million tonnes this year, driven by favorable weather conditions in mining regions, the Colombian Mining Association (ACM) said on Thursday. If the... 

Governments must speed up mine permits to meet transition needs - Teck CEO

Governments need to speed up permitting of new mines to boost their chances to meet a surge in demand for minerals vital to feed the clean energy transition, Teck Resources CEO Jonathan Price said... 

Peru sees copper projects on track, to stay ahead of Congo on output

Peru's key copper projects are moving forward and the country is optimistic about remaining the world's second-largest copper producer, its mining minister said on Thursday, fending off a rise in... 

Namibia says will not grab stakes in existing resource firms

Namibia is not considering taking minority stakes in mining and petroleum producers already operating in the country, the ministry of mines and energy said on Thursday, clarifying earlier comments... 

Chinese EV battery maker Gotion mulls factory in Morocco

Morocco's government and China-based battery maker Gotion High Tech have agreed to look into setting up an electric vehicle battery plant in the kingdom with up to $6.3-billion in eventual... 

Zimbabwe presses miners to produce battery-grade lithium locally

Zimbabwe wants lithium miners operating in the country to work towards producing battery-grade lithium locally and could impose a tax on exports of lithium concentrate in future, Mines Minister... 

Zambia orders halt to work on copper mine in Lower Zambezi park

Zambia's government on Wednesday ordered mining company Mwembeshi Resources to immediately halt all activities on the $494-million copper project it is developing in the Lower Zambezi National... 

Mali revises 2023 industrial gold forecast up 6% to 67.7 t

Mali has revised its 2023 industrial gold forecast to 67.7 t, up from a previous forecast of 63.9 t, according to mines ministry data shared with Reuters on Wednesday. Mali is one of Africa's top... 

Codelco shuts Ventanas smelter in move towards sustainable mining

Chile's State-owned Codelco, the world's largest copper producer, on Wednesday closed its Ventanas metal smelter in the country's central coast, following environmental incidents in the region that... 

Argentina says Chinese miner latest to bet big on lithium riches

Chinese miner Tibet Summit Resources will invest $1.7-billion to develop two lithium projects in Argentina, the economy ministry said on Wednesday, as the South American country eyes burgeoning... 

Samarco reaches deal with certain creditors over debt restructuring framework

Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco, a joint venture it shares with miner BHP Group.... 

EU seeks critical minerals deals with more African countries

The European Union (EU) is in negotiations with Democratic Republic of Congo, a leading source of battery minerals, and aims for talks with other African countries to shore up its supplies of... 

Portugal gives environmental green light for Savannah's lithium mine

Mining company Savannah Resources said on Wednesday Portuguese authorities had approved its environmental impact assessment (EIA) for what could become Western Europe's largest lithium mine,... 

Indonesian copper miner Amman aims to raise $880 mln in IPO

Indonesian copper miner Amman Mineral Internasional aims to raise up to 12.94-trillion rupiah ($880.6-million) in a listing scheduled for June 28 to July 3, it said in its prospectus on Wednesday.... 

Botswana's sole iron-ore mine halts operations as prices fall

Ikongwe Mine, Botswana’s sole iron-ore mining operation, has stopped production due to falling export prices for the mineral, a senior company official said on Wednesday. The mine, owned by... 

Glencore plans $1.5bn investment to expand Peru copper mine

Mining giant Glencore plans to invest $1.5-billion on an expansion project at its Antapaccay mine in Peru, up from $590-million announced previously, a company executive said, in a bid to unlock... 

Cochilco sees lithium shortage, price increases from 2031

The Chilean Copper Commission (Cochilco) forecast on Tuesday a "strong" lithium shortage and significant price hikes from 2031, as demand surges for the metal used to make batteries for electric... 

Chile wants to start lithium negotiations with Albemarle soon - Minister

Chile hopes to start negotiations soon with Albemarle as part of the government's plan to gain majority control of lithium mining projects, Mining Minister Marcela Hernando said on Tuesday. The... 

North Carolina seeks more info for Piedmont Lithium mine permit review

North Carolina regulators on Tuesday asked Piedmont Lithium for additional information needed to approve the company's mine permit application, the third such request since the review process began... 

Copper braces for more bad news from China

Copper prices on Tuesday hovered a little above last week's six-month low as investors braced for Chinese data that is expected to show a further contraction in factory activity. Benchmark copper... 

Botswana says it is still keen on De Beers partnership, confident of new deal

Botswana wants to maintain its partnership with De Beers and is confident that ongoing negotiations for a new diamond sales agreement will succeed, a government spokesperson said on Tuesday.... 

Sagging demand drags copper towards 6th straight weekly loss

Copper prices rose on Friday but remained on track for a sixth consecutive weekly loss amid lacklustre demand from top metals consumer China and other markets. Benchmark copper on the London Metal... 

Botswana president insists on bigger share of diamonds from De Beers venture

Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new... 

Gold firms as uncertainty on US debt ceiling keeps investors on edge

Gold prices edged up on Thursday, as investors awaited developments in the drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the US dollar rising to an over... 

Tin prices rise on Myanmar supply worry

Tin prices rose on Thursday on renewed concerns about plans by a major tin producing region in Myanmar to suspend mining later this year. A detailed plan to suspend all mining activities in a...