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South Africa unity government to include ANC and pro-business DA

South Africa unity government to include ANC and pro-business DA

14th June 2024

The African National Congress and its largest rival, the pro-business Democratic Alliance, have agreed to work together in a government of national unity, senior DA negotiator Helen Zille told... 


Neo Performance Materials launches strategic review

14th June 2024

Canadian rare earths company Neo Performance Materials said on Friday it would be undertaking a comprehensive strategic review, which could include a sale, divestiture, merger or other business... 


G7 leaders commit to faster transition from fossil fuels - draft statement

G7 leaders commit to faster transition from fossil fuels - draft statement

14th June 2024

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 


South Africa Parliament convenes as talks on who will govern go down to the wire

South Africa Parliament convenes as talks on who will govern go down to the wire

14th June 2024

South Africa's newly elected parliament convenes on Friday to choose the country's next president with the public still in the dark about which parties will join the African National Congress (ANC)... 


Vale expects tentative dam collapse settlement with Brazil authorities this month

14th June 2024

Brazilian miner Vale expects to reach a tentative agreement by the end of this month with Brazilian federal and state authorities to settle reparations over the deadly 2015 collapse of a tailings... 


Environmental studies at Jadar, Serbia

Environmental studies show Serbian lithium project is safe, Rio says

13th June 2024

Anglo-Australian miner Rio Tinto said on Thursday newly published environmental studies showed that its Serbia lithium project, which was stopped in 2022 after massive protests, would be safe for... 


Global nickel prices have probably hit a floor, says Macquarie

Global nickel prices have probably hit a floor, says Macquarie

13th June 2024

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after... 


South Korea, Kazakhstan sign minerals deals as Seoul moves to diversify supply chain

13th June 2024

South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday, as the home to major chip producers and leading... 


Zambia to set up mineral investment and trading unit

12th June 2024

Zambia will set up a new entity for investment and trading in minerals as it seeks to earn more from its natural resources, the Cabinet said on Wednesday after giving its approval. The government... 


The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.

Vale, BHP make new offer on Mariana disaster reparations

12th June 2024

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Union files equal pay applications for BHP coal mine workers in Queensland

Union files equal pay applications for BHP coal mine workers in Queensland

12th June 2024

Australia's Mining and Energy Union (MEU) said on Wednesday it had filed for same job same pay orders covering 1 700 labour-hire workers at three large BHP coal mines in Queensland. If successful,... 


Indonesia considers terminating permits for some nickel pig iron production

11th June 2024

The Indonesian government is conducting a comprehensive evaluation regarding the termination of permits for the RKEF smelters which make products in the form of ferronickel and nickel pig iron, a... 


Codelco copper output hit by lingering effects of rock collapse

Codelco copper output hit by lingering effects of rock collapse

11th June 2024

Codelco attributed a sharp drop in production at its top mine to the lingering effects of a rock collapse last year as the world’s No. 1 copper supplier strives to reverse slumping output. “This... 


Colombia President Gustavo Petro says coal exports to Israel will be halted.

Colombia halts coal exports to Israel over Gaza war

10th June 2024

Colombia's President Gustavo Petro on Saturday said the country, which is reported to be Israel's biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the... 


New Zealand to introduce bill to reverse oil and gas exploration ban

10th June 2024

w Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector. The... 


Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary

7th June 2024

Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country, two senior officials of... 


Ghana's 2023 gold output rose 8.3%

7th June 2024

Ghana's gold production rose 8.3% to four-million ounces in 2023, data from the Ghana Chamber of Mines showed on Friday. The growth was driven primarily by expansion in the output of small-scale... 


Major world economies seek to halt new private sector coal financing

Major world economies seek to halt new private sector coal financing

7th June 2024

Some of the world's major economies want to finalise a plan ahead of this year's UN climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the... 


China's May coal imports rise 11% on lower domestic output

7th June 2024

China's imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this year led to increased shipments of international coal.... 


Indonesia to grant coal mine asset to Islamic group Nahdlatul Ulama

7th June 2024

Indonesia is set to award a coal mining concession to the country's largest Islamic group, Nahdlatul Ulama (NU), next week to provide it with a source of income, a Cabinet minister said on Friday.... 


Codelco targeting 2030 production for Maricunga lithium site, document shows

Codelco targeting 2030 production for Maricunga lithium site, document shows

7th June 2024

Rothschild & Co has formally started to assess candidates to partner with Chile's state-run miner Codelco on a major new lithium project slated to begin production in 2030, according to documents... 


Newmont CEO Tom Palmer

Newmont CEO says divestment of non-core assets progressing well

7th June 2024

Newmont CEO Tom Palmer said on Thursday the gold miner's plans to divest eight non-core assets and trim its workforce to cut debt following its $17.14-billion purchase of Newcrest were progressing... 


Brazil seeks $20.7bn from Vale, BHP over 2015 dam collapse

7th June 2024

Brazil's government presented on Thursday a counteroffer requesting that miners Vale and BHP and their joint venture Samarco pay 109-billion reais ($20.74-billion) as reparations for a tailings dam... 


Canada's oil sands CEOs push back against proposed oil and gas emissions cap

Canada's oil sands CEOs push back against proposed oil and gas emissions cap

7th June 2024

Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa... 


Codelco chairperson Maximo Pacheco

Codelco chairman says SQM lithium deal on track, despite Tianqi dispute

7th June 2024

A plan to kick off a partnership between Chilean state miner Codelco and the world's No. 2 lithium producer SQM is on track for next year despite a potential challenge from a major SQM... 


President Cyril Ramaphosa

ANC will seek to form government of national unity

6th June 2024

South Africa's African National Congress will invite other political parties to form a national unity government, its leader President Cyril Ramaphosa said on Thursday, after it lost its majority... 


Global gold ETFs saw first inflows in a year in May, says WGC

6th June 2024

Global physically backed gold exchange traded funds (ETFs) attracted their first inflows in May after a year, powered by additions to holdings by Europe- and Asia-listed funds, the World Gold... 


Chinese rare earths investor fails to win seat on Australia's Northern Minerals board

Chinese rare earths investor fails to win seat on Australia's Northern Minerals board

6th June 2024

A Chinese mining investor has failed in a bid to join Australian rare earths mining company Northern Minerals' board on Thursday, days after Australia's Treasurer ordered the investor's private... 


Botswana President President Mokgweetsi Masisi

Botswana may raise De Beers stake as Anglo weighs spin-off

6th June 2024

The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell... 


Prime Minister Gustavo Adrianzen

Peru authorises Barrick to explore mining at southern border

6th June 2024

Peru's government has authorised miner Barrick Gold to carry out mining explorations in the country's southern border area, the prime minister announced on Wednesday. Peru's constitution requires... 


London gold body reviews purity concerns about Indonesian state miner

6th June 2024

The London Bullion Market Association (LBMA) said it is reviewing allegations involving Indonesian state miner Aneka Tambang (Antam) over the purity of its gold products. Indonesia's Attorney... 


Antofagasta signs $1.5bn investment deal for water transport system in Chile mine

6th June 2024

London-listed Antofagasta on Wednesday signed a $1.5-billion investment deal to improve water supply at its Chile mining operations. The deal, signed with a firm owned by Madrid-based Almar Water... 


Chilean regulator aims for quick decision on Tianqi-SQM dispute

6th June 2024

Chile's financial regulator said on Wednesday it is aiming to respond as quickly as possible to a complaint from China's Tianqi Lithium over a planned lithium partnership between miner SQM and... 


South African drug regulator finds no traces of toxic substance in children's cough syrup

5th June 2024

The South African Health Products Regulatory Authority on Wednesday released the results of its investigation into two recalled batches of Benylin Paediatric children's cough syrup, saying that it... 


The Cape Town CBD at night

South Africa business activity grows again in May, PMI shows

5th June 2024

South African private sector activity grew in May as new order volumes stabilised and business confidence improved, a survey showed on Wednesday. The S&P Global South Africa Purchasing Managers'... 


South Korea, African countries sign agreements on minerals, exports

5th June 2024

Nearly 50 deals and agreements have been signed during South Korea's first summit with leaders from 48 African countries to cooperate in areas such as mining, energy and manufacturing, South... 


Gold bars

Gold purchases by central banks were strong in April despite high prices, WGC says

5th June 2024

Net purchases of gold by global central banks rose to 33 metric tons in April from a revised net buying of 3 tons in March, the World Gold Council (WGC) said, signalling continuing strong appetite... 


A tree plantation

Carbon removal needs to quadruple to meet climate goals, researchers say

5th June 2024

Governments need to plant more trees and deploy technologies that will quadruple the amount of carbon dioxide removed each year from the atmosphere in order to meet global climate goals, a team of... 


Occidental Petroleum, Berkshire Hathaway form JV to extract lithium

4th June 2024

Occidental Petroleum said on Tuesday it had entered into a joint venture with Berkshire Hathaway's energy unit to extract lithium. The energy producer said it would use its technology to extract... 


Indonesia imposes 7.5% export tax on copper concentrate shipments

4th June 2024

Indonesia will impose a 7.5% export tax on shipments of copper concentrate, effective immediately, a finance ministry regulation showed on Tuesday, applicable to the two mining firms currently... 


The Volvo logo on a vehicle

Volvo to issue world's first EV battery passport ahead of EU rules

4th June 2024

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to... 


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