US military says it will start blockade of all ships going to and from Iran on Monday

US Central Command (Centcom) said it will begin implementing a blockade of all maritime traffic entering and exiting Iranian ports on April 13 at 10:00 ET (14:00 GMT), after President Donald Trump... 

Peru orders new review of Southern Copper's stalled Tia Maria project, cancels okay

Peru's government has revoked its authorization for Southern Copper's Tia Maria copper project and sent it back to authorities for review, the mining ministry said on Friday, creating a new... 

Trains through Angola's Lobito critical mineral corridor suspended by floods

A railway through Angola's Lobito corridor - a vital source of critical minerals like copper and cobalt - was forced to suspend operations on Sunday after nearby rivers burst their banks, causing... 

Kemcore plans Africa-based mining chemical plants in bid to cut imports

Africa‑based mining chemicals importer Kemcore is planning to build its own processing plants in Botswana and Angola, aiming for reduced exposure to geopolitical risk attached to imports from China... 

South African rand steady with US-Iran talks in focus

The South African rand was steady on Friday, with its future direction likely to be determined by the outcome of weekend talks between the US and Iran in Islamabad. At 1310 GMT the rand traded at... 

Australia delays publishing of resources, energy outlook for the first time

Australia's quarterly resources and energy outlook has been delayed for the first time owing to "extreme volatility" caused by the US-Israel war against Iran, which is rendering forecasts out of... 

South African rand slips in early trade; US-Iran talks in focus

The South African rand was marginally weaker in early trade on Friday, with its future direction likely to be determined by the outcome of weekend talks between the US and Iran in Islamabad. At... 

Australia's Whitehaven secures $600m loan

Australia's Whitehaven Coal said on Friday it had secured $600-million in new bank financing to repay part of its existing $1.1-billion acquisition loan tied to its purchase of BHP's Queensland... 

IMF's Georgieva expects war to trigger demand for up to $50bn in Fund support

International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise to between $20-billion to $50-billion as result... 

South African rand weakens as investors track fragile Middle East ceasefire

The South African rand was weaker on Thursday on doubts over a fragile two-week ceasefire between the US and Iran, while traders also assessed domestic economic releases for clues on the health of... 

Trafigura signs gold offtake pact with Ghana's Bogoso-Prestea mine

Global commodity trading firm Trafigura said on Thursday it had signed an offtake deal with Heath Goldfields, a Ghana-owned mining company, to buy 700 000 oz of gold dore from the Bogoso–Prestea... 

BHP's incoming CEO met with Chinalco boss in China this week

BHP Group's incoming CEO, Brandon Craig, met with the chairman of Chinalco in Beijing this week and discussed further cooperation, the Chinese aluminium giant said on Thursday. Craig's trip to... 

Africa to pilot bond aimed at formalising artisanal mining

A sustainability bond aimed at integrating artisanal miners into formal supply chains will be piloted by a Canada-based advisory firm and a mid-tier Zambian copper miner this year, the firms said.... 

South African markets rally as US-Iran ceasefire boosts risk appetite

South Africa's rand, government bonds and stocks surged on Wednesday, paring some of the losses amassed since the start of the Iran war after US President Donald Trump agreed to a two-week... 

Eramet says shareholders committed to capital increase

Eramet's main shareholders have reaffirmed their support for the mining group's funding plan and are committed to the success of a capital increase, a spokesperson said on Wednesday. The decision... 

Zimbabwe to introduce lithium export quotas, sets conditions for resumption of shipments

Zimbabwe will introduce lithium concentrate export quotas and require commitments for more local processing as part of conditions to allow the resumption of mineral exports, the mines ministry has... 

Australian state calls for faster approvals for new oilfield

Australia's Queensland state said on Wednesday it will urge the federal government to streamline environmental approvals for what it says could be Australia’s first new oilfield in decades, arguing... 

IATA warns replenishing jet fuel supplies could take months even if Hormuz reopened

The head of a body representing global airlines warned on Wednesday it would take months for jet fuel supply to recover even if Iran reopened the Strait of Hormuz, given disruptions to Middle East... 

South African assets rally in early deals as US-Iran ceasefire lifts risk appetite

South Africa's rand, government bonds and stocks surged on Wednesday, paring some losses amassed since the start of the Iran war after US President Donald Trump agreed to a two-week ceasefire, a... 

Oil dives below $100, stocks jump after two-week ceasefire agreed

Oil prices slid, stocks and bonds surged while the safe-haven dollar was knocked back on Wednesday, as a two-week Middle East ceasefire brought some relief to markets on hopes for a resumption of... 

Iron-ore falls as shipments jump, Trump agrees to two-week ceasefire

Iron-ore futures prices fell on Wednesday, as shipments of the key steelmaking ingredient from major suppliers surged and US President Donald Trump agreed to a two-week ceasefire with Iran. The... 

Australia PM Albanese criticises Trump's rhetoric while welcoming ceasefire

Australian Prime Minister Anthony Albanese on Wednesday welcomed a ceasefire in the Middle East struck between the US, Israel and Iran, while criticising the rhetoric of President Donald Trump.... 

Physical oil prices hit record highs near $150/bbl as Hormuz crisis worsens

European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the... 

Energy Transition Minerals faces likely licence renewal rejection for Greenland project

Greenland has informed Energy Transition Minerals of a potential rejection of its exploration licence renewal application for the Kvanefjeld rare earths project, the Australian miner said on... 

Nigeria's Dangote refinery boosts exports to ease Africa's supply crunch

Nigeria's Dangote refinery, Africa's largest, has increased exports of gasoline and urea to African countries hit by supply disruptions caused by the Iran war, its owner Aliko Dangote said on... 

South African rand weakens as Trump's Iran deadline keeps markets on edge

The South African rand was weaker in early trade on Tuesday, as investors remained cautious ahead of a deadline set by US President Donald Trump for Iran to reopen the Strait of Hormuz. At 0737 GMT... 

South Africa private sector returns to growth but Iran war clouds outlook, PMI shows

South Africa's private sector returned to growth in March as faster output and hiring outweighed a slump in export orders and business confidence linked to the US-Israeli war in Iran, a survey... 

Panama to authorise removal of material from First Quantum copper mine

Panama's government aims to finalize a resolution by Tuesday authorizing the removal of material from First Quantum Minerals' shuttered copper mine known as Cobre Panama, the country's Trade... 

Africa faces sharper growth slowdown if Middle East conflict drags on, report warns

African economies face the risk of a sharper growth slowdown this year if the war in the Middle East drags on, with prolonged disruption to trade, energy and fertiliser supplies threatening to... 

Ramaphosa appoints Makhubu as new head of Sars

South Africa's President Cyril Ramaphosa on Thursday appointed Ngobani Johnstone Makhubu as the new commissioner of the South African Revenue Service for a period of five years, effective May 1.... 

Stocks sink, oil leaps back towards $110 as Trump vows to keep hitting Iran

Oil prices surged and global equity and bond markets recoiled again on Thursday after US President Donald Trump dashed hopes of a swift resolution to the Middle East war. Brent crude jumped more... 

South African rand falls more than 1% as Trump vows more strikes on Iran

The South African rand fell more than 1% in early trade on Thursday, after US President Donald Trump vowed more aggressive strikes on Iran, spooking investors who had been betting on a fast... 

Iron-ore at three-week low as shrinking steel margins, slow demand weigh

Iron-ore futures prices slid to their lowest in nearly three weeks on Thursday, pressured by shrinking steel margins and faltering demand following the completion of pre-holiday restocking in top... 

China's aluminium exports now poised to grow as Iran war hits global supply

Chinese exporters of aluminium products are now expected to have a much better year as the Iran war tightens global supply and boosts margins, with some earlier forecasts for flat shipments revised... 

Citrus growers forecast another record year for exports

South African citrus exports could rise by as much as 5% this year after a record 2025, but the sector is wary of the impact of the Iran war on demand, fuel pricing and availability, a growers'... 

Coca-Cola plans to invest $1 billion in South Africa through 2030

Coca-Cola and its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest R17.6-billion in South Africa through 2030, to support expanded production... 

Coal India's sales rise for first time in six months on gas crunch, summer demand

Coal India's sales in March grew for the first time in six months, the company said on Wednesday, indicating a ramp-up in coal stocks ahead of peak summer amid a shortfall in gas supply due to the... 

South African rand edges up on hopes for de-escalation of Iran conflict

The South African rand was slightly stronger in early trade on Wednesday, as global markets rallied on hopes of a de-escalation in the Iran conflict. At 0635 GMT the rand traded at 16.85 against... 

Australia blocks Hong Kong investor's voting rights on Northern Minerals

Australian Treasurer Jim Chalmers has barred Hong Kong-based Ying Tak from voting or transferring 361.5-million shares in Northern Minerals, the Australian rare earths miner said on Wednesday. The... 

US firm Virtus Minerals buys Congolese cobalt producer Chemaf

US firm Virtus Minerals has acquired Congolese cobalt and copper producer Chemaf, US Under Secretary of State for Economic Affairs Jacob Helberg said on Tuesday. Congo has been seeking to develop a...