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Botswana says Anglo picks De Beers buyer, weighs options for "optimal structure"
Anglo American has chosen a preferred buyer for its stake in diamond producer De Beers, with Botswana weighing whether to exercise its right of first refusal either on its own, with Anglo's chosen...
Zimbabwe's sole lithium salt plant unable to process third-party metal, official says
Zimbabwe's sole lithium sulphate plant, owned by China's Zhejiang Huayou Cobalt, currently has no capacity to process minerals from other producers, an official said on Friday ahead of a...
LNG exports set to add $1.4trn to US GDP through 2040, S&P Global Energy says
Liquefied natural gas (LNG) is poised to become the US' second-largest net export industry within five years, adding nearly $1.4-trillion to its GDPthrough 2040, according to an S&P Global Energy...
US imposes new 25% tariffs on Brazil, expands exemptions list
The US will hit Brazil with new 25% duties on its furniture, ethanol, machinery, footwear, sugar and other goods such as pig iron and mining equipment, launching a new wave of tariffs that could...
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says
If the US and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency (IEA) executive director Fatih Birol said...
China disapproves of British Steel nationalisation decision by UK
China said on Friday it firmly opposes and strongly disapproves of Britain's decision to nationalise British Steel and urged fair treatment for Chinese firms there. Britain nationalised British...
Electricians at BHP's key Australian iron-ore hub vote for work stoppages
Electricians maintaining diversified miner BHP's high-voltage power network in Western Australia's Pilbara region have overwhelmingly backed strike action, the Electrical Trades Union (ETU) said on...
Zijin starts Congo lithium exports to China, sources say
China's Zijin has started exporting lithium concentrate from its Manono project in Democratic Republic of Congo, five sources familiar with the matter have told Reuters. "Exports started in June as...
Australian shares end flat; BHP copper output cut, work-stoppage dents miners
Australian shares ended flat on Thursday, as banks steadied the benchmark against a BHP-led mining selloff that wiped out most of the sector's recent gains, after the global miner cut its copper...
Pakistan pledges more security for China-run copper and gold mine after insurgency warning
Pakistan has pledged extra security for its largest operating Chinese-run copper and gold mine after the operator warned that worsening militant violence could force it to halt production within a...
Codelco sees lithium project in Chile's Maricunga salt flat feasible in eight more years
Chile's Codelco expects its lithium project in the Maricunga salt flat to become a reality in eight years, chairperson Bernardo Fontaine said on Wednesday. The Maricunga lithium project is managed...
Chile's Codelco expects flat copper output in coming years, chairperson says
Chile's State-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairperson Bernardo Fontaine said on Wednesday, when asked if the company was on...
Congo Ebola outbreak disrupts US-backed minerals talks, sources say
A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on...
Fujimori's mining push could spur unrest in Peru, study says
Peru's President-elect Keiko Fujimori could face new protests in mining areas as her government tries to spearhead large copper and other mining projects that have been delayed for years, according...
Ghana approves revised mining law to strengthen oversight
Ghana's cabinet has approved amendments to its mining law for submission to parliament, Mines Minister Emmanuel Armah-Kofi Buah said on Wednesday, as part of government efforts to increase...
Trafigura backs out of Angola transmission line project sources say
Trafigura has walked away from a proposed 2 000 MW transmission line that would have carried surplus hydropower from Angola to copper and cobalt mines in the Democratic Republic of Congo and...
Australia's Kinetiko seeks fast-track route to South Africa gas production
Australian company Kinetiko is taking a two-step permitting process to accelerate gas production at its South African Brakfontein project ahead of a looming national gas shortage, the company's...
South Africa's financial regulator launches probe into state asset manager
South Africa's Financial Sector Conduct Authority (FSCA) has launched an investigation into the Public Investment Corporation (PIC), citing concerns over governance, leadership stability and...
Peru copper output up 2.3% year-on-year in May
LIMA - Peru's copper production, the world's third-largest, rose 2.3% year-on-year in May to about 226 096 tons, the country's energy and mines ministry said on Tuesday. In the first five months...
US company seeks to produce uranium for nuclear energy from seawater
Texas-based SuperCritical Materials Corp said on Tuesday it has won an exclusive license from the US Department of Energy (DoE) to extract uranium from seawater, a process that was developed by US...
ARC shareholders approve $16.4bn Shell takeover deal
Canadian energy company ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by Shell, clearing another step for one of this year's biggest energy sector deals....
LNG Canada offers five First Nations option to invest up to C$1bn in Phase 2 storage tank
LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1-billion ($710.78-million) to acquire a storage tank planned to be built in a proposed expansion of the...
Vale's board elects Wilfred Bruijn as temporary chairperson
The board of directors of Brazilian miner Vale elected member Wilfred Theodoor Bruijn as a temporary chairperson, the company said on Tuesday. Bruijn will stay in the role until a shareholders...
Alcoa greenlights Australia gallium plant with US, Japan and domestic backing
Bauxite and aluminium producer Alcoa Corporation said on Tuesday it has reached a final investment decision to set up a gallium plant at its Wagerup alumina refinery in Western Australia, with...
Ghana's 2026 artisanal gold output likely to surpass record 2025 level, Gold Board says
Ghana's Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining (ASM) in the first half of 2026 and output from the sector is on track to match or surpass last year's...
Antofagasta's first-half copper output drops 9.5%, uptick seen ahead
Chilean miner Antofagasta said on Wednesday its copper output fell 9.5% in the first half to 285 000 tons owing to lower production at two key mines, but affirmed its yearly forecast as it expects...
Rio Tinto beats quarterly iron-ore sales estimates, flags rising diesel costs
Diversified miner Rio Tinto posted better-than-expected second-quarter iron-ore sales on Wednesday, supported by strong operational performance, though it will need a stronger second half to meet...
Australia's export finance agency boosts jobs by 21% amid critical minerals push
Export Finance Australia (EFA) added 40 staff in the financial year to June, as the government-backed agency builds up critical minerals expertise to deliver an A$1.2-billion ($840-million)...
South African rand gains as US inflation weighs on dollar
The South African rand gained on Tuesday against a weaker dollar after US consumer inflation slowed more than expected in June, ruling out an interest rate increase from the Federal Reserve this...
Congo's planned mining law reform could dent investor confidence, industry warns
Democratic Republic of Congo's main mining industry body has warned that proposed changes to mining laws aimed at tightening state control could dent investor confidence in the world's top cobalt...
Oil hits four-week high as US-Iran conflict escalates
Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows...
BHP workers to proceed with strike after talks fail, union says
Hundreds of workers at BHP's Port Hedland iron-ore operations are set to down tools on Thursday after workers and their elected representatives did not reach agreement with the company, a...
Indonesia's Amman Mineral aims to double copper cathode output in 2026
Indonesia's PT Amman Mineral Nusa Tenggara, the main unit of Jakarta-listed PT Amman Mineral Internasional, aims to double its copper cathode output this year after it finished ramping up...
Canada's Greenfire Resources to buy Connacher for $900m
Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27-billion ($900-million) in cash. On a combined basis, Greenfire's...
Vault and Genesis agree to merge, creating $8.7bn Australian gold producer
Genesis Minerals has agreed to acquire smaller peer Vault Minerals in a deal that would create Australia's third-largest gold producer with a market capitalisation of around A$12.6-billion...
Australia blocks voting rights of some China-linked investors in Northern Minerals
Northern Minerals said on Tuesday that Australian Treasurer Jim Chalmers has ordered three offshore investment firms, including Hong Kong Ying Tak, to refrain from exercising their voting rights in...
China June iron-ore imports at six-month high on robust shipments, resilient demand
China's iron-ore imports in June rose by 15% from the month before to a six-month high, as miners increased shipments to achieve quarterly guidance and as lower prices sparked more buying among...
Oil hits four-week high as US, Iran step up attacks in Strait of Hormuz
Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows...
China's June coal imports jump 29% after mine accident
China imported 42.78-million tons of coal in June, customs data showed on Tuesday, up 29% from a year earlier as a mine accident in late May tightened domestic supply and led to higher imports....
Chesapeake Utilities unit to build $1.2bn Florida gas pipeline project
Chesapeake Utilities said on Monday its unit Peninsula Pipeline Company will develop, construct and operate a natural gas pipeline project in Florida for about $1.2-billion. The project will help...
OPEC further lowers 2026 global oil demand growth forecast
OPEC on Monday lowered its forecast for world oil demand growth in 2026 to 780 000 barrels per day, a copy of its monthly report showed, marking the third straight downward revision. The producer...
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