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India sees annual coal output up 10.9% in 2024/25
India expects domestic coal output to increase by 10.9% to 1.13-billion metric tons in the fiscal year ending March 2025, a senior government official said, driven mainly by higher production from...
Indonesia's January tin exports slump 99% on delayed work approvals
Indonesia exported 0.4 metric tons of refined tin in January, down 99% from the same month last year, Trade Ministry data showed on Monday, as miners faced delays in work plan approvals. On a...
Australian gold miner Red 5 to acquire 100% of Silver Lake Resources
Australian gold miner Red 5 will takeover rival Silver Lake Resources to build a mid tier gold company valued at $1.5-billion, the two companies said in a joint statement on Monday. The merged...
South Africa business activity contracts again in January - PMI
South African private sector activity contracted for a second consecutive month in January, hurt by weak demand and shipping disruption at the country's major port, a survey showed on Monday. The...
Rare earths prices seen rebounding in second half of 2024 - analysts
Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind powerand as dominant producer China is expected to pull back on...
Russia's Rusal loses suit against Rio Tinto over alumina refinery, can appeal
Russian aluminium producer Rusal has lost a lawsuit against global miner Rio Tinto that sought to win back access to its 20% share of the alumina produced at a jointly owned refiner in Queensland,...
Western miners lag as oil powers enter race for Africa's critical metals
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate...
Uranium stocks extend surge after Kazakh miner cuts output
Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target....
South32 sues IGO over Tropicana gold mine royalty claim
Australian diversified miner South32 has sued battery metal producer IGO for royalty payments worth A$122.1-million ($80.17-million) related to the Tropicana gold mine operations, the companies...
Swiss ban Russian diamond imports, joining latest EU sanctions
Switzerland will ban the import of Russian diamonds in line with the latest round of European Union sanctions designed to punish Moscow for its invasion of Ukraine, the government said on...
US slashes estimates on Vietnam rare earths mining output
The United States geological agency has greatly revised down earlier estimates for Vietnam's rare earths output in 2022 and expects a further drop in mining production last year, according to its...
EU trade chief to press on with US battery minerals talks despite differences
The US and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transtlantic marketplace for minerals and other...
Nigeria to offer investors 75% stake in proposed solid minerals firm
Nigeria plans to offer investors at least a 75% stake in a proposed solid minerals corporation, a minister said on Tuesday, as lawmakers draft legislation to create the new state-backed firm to...
China Baowu raises $1.4bn via bond, mostly for Simandou iron-ore project
The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday....
Brazil state prosecutor urges Vale, BHP to settle over dam disaster
Miners Vale, BHP and their joint venture, Samarco, should strike a deal to compensate for a deadly dam disaster in 2015 or risk paying a lot more in court, the Minas Gerais state prosecutor general...
First Quantum to sell 120 000 t of copper in Panama mine
Canadian miner First Quantum Minerals said on Monday it intends to sell the 120 000 t of copper concentrate stored near the Punta Rincon port. First Quantum's Panama unit said in a statement that...
Vale's 2023 iron-ore output tops guidance, but sales fall
Vale's iron-ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said on Monday. The firm produced...
World's biggest jeweller Pandora stops using mined silver and gold
Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to...
Nornickel forecasts 2024 nickel output drop after 5% fall in 2023
Russian metals producer Nornickel on Monday said it expected another drop in nickel output in 2024, following on from a 5% fall last year, as geopolitical risks continue to affect the company's...
Australia's Resources Minister seeks investment from South Korea, Japan
Australia's Resources Minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a "prospectus"...
Italy's Meloni seeks new partnership with Africa, funds limited
Italian Prime Minister Giorgia Meloni called for a new partnership with Africa on Monday, unveiling a long-awaited plan aimed at boosting economic ties, creating an energy hub for Europe and...
Chinese companies to invest up to $7bn in Congo mining infrastructure
Chinese construction companies will invest up to $7-billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of...
Codelco names Braim Chiple as chief commercial officer
Chile's State-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Starting on March 15, Chiple, who comes from the...
Bolivia launches new international tender for lithium extraction
Bolivia's government has launched a new international tender for companies to extract lithium from the country's salt flats, the energy minister said on Friday. The tender, from state-owned...
Sigma Lithium's chief controls officer exits company in latest shake-up
Sigma Lithium's chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner. Dias was announced as CCO...
Brazil's mining chief says Lula never tried to weigh in on Vale succession
Brazilian President Luiz Inacio Lula da Silva has not sought to influence who will be chief executive of major mining company Vale, a senior official said on Friday, after recent reports suggesting...
Chinese copper smelters propose output cuts on concentrate tightness -sources
China's top copper smelters on Friday have proposed cuttingtheir output, three sources familiar with the matter said on Friday, as tight supplies of copper concentrate ore for processing have cause...
Codelco names Braim Chiple as chief commercial officer - company statement
Chile's state-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Chiple will take over from outgoing CCO Carlos...
BHP to review court decision on $31.5bn Fundao dam claim
BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155-billion reais ($31.53-billion) government claim over the 2015 collapse of Fundao dam owned by Samarco,...
Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6-billion reais ($9.67-billion) in damages for a 2015 tailings dam burst, according to a legal...
Freeport-McMoRan's profit beats estimates on strong copper production
Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by strong production and higher prices for the red metal, sending its shares up about 6% in...
Red sea attacks push BHP to divert some shipping via African coast
Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,...
Australian mining group pushes govt for tax credit as lithium, nickel prices slump
An Australian mining association has called for a new production tax credit during meetings with senior ministers called as nickel and lithium miners curtail projects and review new mines in...
Death toll from Mali gold mine accident now over 70 - state radio
The death toll from last week's accident at an artisanal gold mine in southwest Mali has risen to more than 70, state radio said on Thursday. The deaths were caused after a shaft collapsed on...
Fortescue's first-half shipments hover near record high; shares rise
Australia's Fortescue logged a near-record iron-ore shipments for the first half and kept full-year forecast unchanged on Thursday, as the mining giant ramps up production at its flagship Iron...
Six dead, one survivor in Rio Tinto plane crash
Six people were killed after a small plane carrying global miner Rio Tinto's workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT) on Tuesday, the NWT Coroner Service said...
Pilbara Minerals moves to preserve cash after price slump
Shares of Pilbara Minerals climbed on Wednesday as the Australian lithium miner trimmed its annual capital expenditure forecast given a slump in prices that pulled down its second-quarter revenue...
Tin shackled by surplus, but green industry demand poised to mop up supplies
The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including solar panels and electric vehicles,...
Thailand aims for lithium output in two years, boosting EV ambitions
Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government...
New Caledonia's Prony Resources faces cash crunch on nickel slump
ew Caledonian nickel producer Prony Resources is facing an "alarming" situation amid a slump in metal prices as it waits for the possibility France will offer monetary support for the territory's...
Australia's oldest listed investment firm says lithium stocks turning attractive
Australia's oldest listed investment firm is finding beaten-down lithium shares are starting to look like buys, with the sector's downturn reminiscent of the hasty selling in healthcare stocks...
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