Australia flags risk to iron-ore price from China State buyer

An Australian government report on Friday said efforts by China's State-backed iron-ore buyer to cut costs for Chinese steel mills may push down prices in the medium term, in a rare acknowledgment... 

BHP to transfer Arizona property to Canada's Faraday Copper for 30% stake

Australian miner BHP Group has agreed to transfer its San Manuel property in Arizona to Faraday Copper Corporation in exchange for a 30% stake in the Canadian miner, as Faraday seeks to develop a... 

Canada, Alberta announce new west coast oil pipeline to boost exports

Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its... 

BHP workers approve Pilbara labour deal, unions cite lingering concerns

Workers at BHP's South Flank and Mining Area C iron-ore operations in Western Australia have voted to approve a new labour agreement, unions said on Friday, while noting that many remained... 

US envoy says Cook Islands minerals are a top priority

The new US ambassador to New Zealand and several Pacific island nations said on Friday that securing Cook Islands seabed minerals was a top priority, and that China's push for influence in the... 

Agnico Eagle suspends Quebec pit mining, flags production hit

Miner Agnico Eagle Mines said on Thursday a rock mass movement occurred along the north wall of the Barnat open pit at its Canadian Malartic complex in Quebec, prompting a temporary suspension of... 

Antofagasta agrees spot-indexed copper ore sales with some Chinese smelters, SMM says

Chilean miner Antofagasta has agreed to sell term copper concentrate supplies to some Chinese smelters at spot-indexed prices with a guaranteed floor, industry information provider SMM reported on... 

Canadian gas curbs force Colombia's Cerro Matoso ferronickel mine to cut output

Colombia's Cerro Matoso ferronickel mine said on Wednesday it was cutting operations by 25% after Canada's Canacol Energy reduced natural gas supply to the plant, threatening jobs, supplier... 

US LNG exports to Europe decline as Asia prices surge, more goes to Africa

For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,... 

China restricts some Fortescue iron-ore cargoes as talks drag, sources say

China's State iron-ore buyer has asked some domestic steel mills not to take delivery of certain portside iron ore products from Fortescue, industry sources said, the latest Australian miner to... 

Gold miner Northern Star names new CEO, Elliott presses for review

Northern Star Resources said on Thursday that Suresh Vadnagra would be its next CEO as it reported preliminary gold sales that met guidance, and as activist investor Elliott reiterated the miner's... 

UAE's IHC, Adani plan $11bn aluminium project in India

Abu Dhabi's International Holding Company plans to invest $11.5-billion in an integrated aluminium project in India's eastern state of Odisha through a joint venture with Adani Group, a State... 

Over 900 arrested during nationwide anti-migrant protests

South African police arrested more than 900 people during nationwide anti-migrant protests on Tuesday that were mostly peaceful but at times turned violent, with shops looted, police said on... 

Commodities trader Mercuria to form JV with Italian major Eni

Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading... 

Norsk Hydro's Slovak aluminium smelter to partially restart production

Norsk Hydro said on Wednesday its Slovalco aluminium joint venture had struck an agreement with the Slovak government to partially restart production after a four-year shutdown, with the deal... 

US drives rise in global emissions as utilities turn back to coal, report shows

The US accounted for about a third of the rise in global carbon dioxide emissions in 2025, as higher gas prices pushed power producers back to coal, an Energy Institute report showed on Tuesday.... 

US oil production rises to record high in April, EIA says

US crude oil production rose to 13.93-million barrels per day (bpd) in April, the highest on record, monthly data from the Energy Information Administration (EIA) showed on Tuesday, as producers... 

South Africa's top court says bank rand-rigging case can proceed

South Africa's Constitutional Court ruled on Tuesday that competition authorities can pursue forex-rigging claims against six banks including JPMorgan Chase, BNP Paribas and HSBC, clearing the way... 

Stellantis expects to make decision on South African plant in coming months

Stellantis is still reviewing plans for a proposed manufacturing plant in South Africa's Eastern Cape province and expects to make a decision in the coming months, the company's local manager said... 

Congo signs diamonds deal with Swiss firm ADEX

The Democratic Republic of Congo has signed an agreement with Switzerland-based diamond and gemstone technology firm ADEX Platform for the marketing of Congolese diamonds, under which they will... 

Hormuz disruption may have lasting impact on vulnerable economies, UN trade agency says

The UN trade and development agency warned on Tuesday that while the reopening of the Strait of Hormuz will bring immediate relief to energy markets, vulnerable economies remain at risk from... 

Coal India to invest $201m in R&D by fiscal 2030

Coal India plans to invest 19-billion rupees ($200.7-million) in research and development (R&D) by fiscal year 2030, the State-run miner said on Tuesday. The miner is researching clean coal,... 

EU unveils new steel import quotas to protect its industry from overcapacity

The European Commission unveiled quotas under the new system to limit duty-free steel imports into the European Union, in a move designed ‌to protect the bloc's steel sector and increase its... 

Shell expects 65% rise in global LNG demand by 2050

Global liquefied natural gas (LNG) demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power... 

Oil set to end June down by about 20%, with investors focused on Doha

Oil prices dipped around 1% on Tuesday, reversing the previous session's gains, and were poised for a monthly decline, with investors eyeing potential US-Iran talks in Doha amid a strained interim... 

South African cities shuttered as anti-migrant protests gather pace

Demonstrators wrapped in flags and wielding wooden sticks gathered across South Africa on Tuesday for anti-immigrant marches, some of which saw brief outbreaks of violence amid heavy police guard,... 

Congo withdraws unused cobalt export quotas

Democratic Republic of Congo will withdraw unused cobalt export rights under first-half quotas and reassign them to a state-controlled entity, its strategic minerals regulator said, tightening... 

Guinea plans regional gold refining hub as West African race intensifies

Guinea aims to become a regional gold refining hub, its mines minister said, joining a broader push by West African producers to process bullion locally rather than exporting it to the Middle East... 

Savannah to resume lithium work after three-week halt as Portugal backs project

London-listed Savannah Resources will resume work on its lithium project in Portugal, it said on Monday, after the government declared it of national and European significance and lifted a... 

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices rose on Monday following days of tit-for-tat strikes by the US and Iran that underscored the fragility of their interim peace deal and again slowed energy shipping through the Strait of... 

China accelerates plans for sulphur futures as Iran war amplifies price swings, sources say

China is planning to launch its first sulphur futures contracts this year, sources said, in a push to help hedge against price swings and increase its pricing power in the global trade for a key... 

Silver miner Sinda falls in NYSE debut after $213m IPO

Shares of silver mining company Sinda fell 10% in their NYSE debut on Friday after it raised $213-million in its US ‌initial public offering (IPO). The San Miguel de Allende, Mexico-based... 

Greenland blocks Australian miner's request for licence renewal over uranium ban

Greenland said on Friday it has rejected an application from Greenland Minerals, a unit of Australia's Energy Transition Minerals (ETM), to renew its exploration licence for the Kuannersuit... 

US issues order to keep Colorado coal plant available through summer

US Secretary of Energy Chris Wright issued an emergency order to keep a coal-fired power unit in Colorado operational to ensure reliable electricity supply, the US Department of Energy said on... 

Australian energy exploration hits ten-year high in hunt for gas

Energy exploration has picked up sharply in Australia driven by growing Asian gas demand, technological advances and an improved investment climate, with the Iran war underscoring the urgency to... 

Chinese copper smelters baulk at spot-indexed ore pricing proposal

China's copper smelters are pushing back against a proposal from miner Antofagasta to link prices of raw material concentrate under term contracts to the spot market fearing the move will hit their... 

Canada, Japan consider critical minerals joint stockpiling in hunt for China alternatives

Canada and Japan are working on a range of mining projects, including potential joint stockpiling, Canada's Trade Minister told Reuters, as Japan moves to diversify supplies of critical minerals... 

Asia's thermal coal imports jump on China, Japan, S.Korea buying

Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the... 

EU aluminium scrap export curbs delayed until September, group and sources say

The European Commission's plans to introduce measures to limit exports of aluminium scrap have been delayed until September, sector lobby group European Aluminium and other industry sources said.... 

IMF says it will take time for energy, commodity prices to normalize after US-Iran deal

The International Monetary Fund (IMF) said on Thursday it has seen energy and commodity prices fall since the US-Iran agreement to halt hostilities and reopen the Strait of Hormuz, but it will take...