China mine disaster, Indonesia policy changes upend global coal market

A deadly mining accident in China's biggest coal-producing region and mounting policy chaos around Indonesian exports are choking global supplies, which analysts and industry officials say could... 

Iron ore miners highlight India, ASEAN as they look for growth after China

Australia's iron-ore miners emphasised on Tuesday how growing steel demand in India and Southeast Asia would help offset the stagnating market in top customer China, where they also face pressure... 

Newmont names new CFO, COO as part of leadership overhaul

Newmont on Monday announced a string of executive appointments, including the naming of Brian Tabolt as its CFO, as the gold miner reshapes its top management under a newly appointed CEO. Tabolt,... 

TSX hits record high as US-Iran deal boosts gold miners

Canada's main stock index rose to a record high on Monday, led by metal mining shares, as investors globally cheered a preliminary agreement to end the war in the Middle East and reopen the Strait... 

Brazil's Vale plans to invest $2.6bn in decarbonization initiatives

Brazilian miner Vale plans to invest up to 13-billion reais ($2.56-billion) in decarbonization initiatives to meet its voluntary emissions reduction targets and mitigate climate-related risks, a... 

Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic... 

Xenophobic attacks are hurting South Africa's image abroad, says minister

A surge in attacks on foreign nationals in South Africa is damaging the country's global image and fuelling a backlash against businesses and artists, the justice minister has warned. Speaking at a... 

Shares and bonds surge, oil slides on Iran deal

Share markets and bonds rallied hard on Monday and oil prices tumbled 5% as a framework peace deal between the US and Iran promised to ease inflationary pressures globally and lessen the need for... 

Libya's NOC signs production-sharing deals with foreign firms after licensing round

Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its... 

Swedish mining group LKAB gets permit for fossil-free iron sponge plant

Swedish mining group LKAB has received approval from a Swedish environmental court for its plan to build a fossil-free sponge iron plant at its Malmberget site in Gallivare, the court said on... 

Australian LNG shipments may be disrupted amid prolonged strike at Ichthys operation

Australia's Offshore Alliance plans to extend until July 6 action that could disrupt liquefied natural gas (LNG) shipments, it said on Monday, after a tribunal rejected plant operator Inpex's bid... 

Australian mining shares boosted by US, Iran preliminary peace deal

Australian shares extended gains on Monday as the US and Iran agreed to a preliminary peace deal, while oil prices tumbled, sending energy stocks lower, with Woodside Energy falling after denying... 

Australia's Woodside Energy unaware of any proposal involving Exxon Mobil

Australia's Woodside Energy said on Monday it was not aware of any proposal involving US major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent... 

Zimbabwe's State gold miner plans to double output by 2029 as expansion projects take off

Zimbabwe's State-owned gold mining company Mutapa Gold Resources plans to double its annual output to 220 000 oz by 2029 after securing funding for an expansion project, according to production... 

Goldman lowers 2027 Brent oil forecast on supply growth, demand risks

Goldman Sachs on Thursday lowered its 2027 average Brent oil price forecast to $80/bbl, citing stronger supply growth and persistent demand weakness, even as it warned prices could swing sharply... 

Canada oil outages, bad weather to tighten inventories at key US storage hub 

Wet weather and a power outage at a major oil sands producer have contributed to crude export supply tightness out of Western Canada, which could tighten supplies to the key Cushing storage hub in... 

Vale's top shareholder pushes for meeting on chair's removal

Brazil's Vale, one of the world's largest iron-ore producers, said on Thursday it received a request from its top shareholder, pension fund Previ, for a shareholders' meeting to vote on the removal... 

India explores Russian coking coal assets, more nickel supplies, sources say

India's State-owned Steel Authority of India (SAIL) and NMDC are exploring acquisitions of coking coal assets in Russia as New Delhi seeks to secure supplies of critical raw materials, Indian... 

Madagascan miner Ambatovy resumes nickel production after cyclone

Madagascan miner Ambatovy plans to produce 2 500 metric tons of nickel in June as it is restarting production after a cyclone hit it in February, the company told Reuters on Thursday. Cobalt... 

SARB sees financial system staying resilient despite Iran war

South Africa's central bank said on Wednesday the country's financial system was likely to remain resilient despite tighter financial conditions and monetary policy stemming from the Iran war.... 

Alcoa flags lower Australian alumina shipments after cyclone

US-based bauxite, alumina, and aluminum producer Alcoa Corporation expects shipments from its Pinjarra alumina refinery in Australia to fall by around 120 000t in the second quarter compared to the... 

BHP electrical workers vote ‘yes’ to strike at key Australian iron-ore export hub

Hundreds of iron-ore miner BHP’s electrical workers at Port Hedland, in Western Australia, have voted in favour of taking strike action, a union said on Thursday. The Electrical Trades Union said... 

Japan gov backs new Shin-Etsu rare earth refinery build amid China's export control

Japanese rare earth magnet manufacturer Shin-Etsu Chemical plans to build a new rare earth refining facility in Fukui prefecture in western Japan to strengthen its supply chain, a spokesperson... 

Gold output in Côte d'Ivoire set to climb in 2026 as mines expand

Côte d'Ivoire's gold output is expected to reach 62 metric tons in 2026, up from 59.33 tons in 2025, as established mines expand operations, the West African country's director general of mines... 

Iron-ore remains unaffected by Iran war, but China's May data baffles

Iron-ore is the one major commodity that is sailing unaffected through the storm created by the US/Israeli war on Iran, but the relative calm masks shifting dynamics for the key steel raw... 

Elliott raises heat on Australia's Northern Star for board overhaul, sales

Activist investor Elliott Investment Management late on Wednesday called on Australia's largest gold miner Northern Star Resources to immediately restore shareholder value by changing its board and... 

China's control over indium phosphide exports threatens AI data centre rollout

Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Anderson was on a plane with a US business delegation... 

Venezuela deploys troops against illegal miners in key gold belt

Venezuela has deployed troops to target illegal groups controlling key gold deposits, according to local residents and human rights activists, as the government seeks to attract foreign investment... 

Vale's AI-powered plant in Minas Gerais boosts productivity by 25%

Brazilian miner Vale inaugurated its first high-tech processing plant using AI after modernizing a facility in Minas Gerais State, the company said on Wednesday, achieving a 25% productivity gain... 

India considering Canada as potential crude oil supplier, envoy says

India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country's newer... 

Cenovus CEO says proposed pipeline to Canada's west coast currently 'unfinanceable'

Canadian integrated oil and natural gas company Cenovus Energy CEO Jon McKenzie said Tuesday Alberta's proposed one-million barrel-per-day pipeline to British Columbia's Pacific coast cannot be... 

Australian gov provides another $74m for Nyrstar smelter modernisation

The Australian government will provide a further A$105-million ($73.68-million) to support Nyrstar Australia in progressing modernisation studies at its South Australian and Tasmanian smelting... 

Australia's Develop Global bags $400 million funding, supply deals from Trafigura

Australian diversified miner Develop Global said on Wednesday it had secured a $400-million financing package and supply agreements from commodities trader Trafigura for its Sulphur Springs... 

South Africa proposes extending auto incentives to battery materials

South Africa plans to add to its automotive incentive programme minerals used in the manufacturing of electric vehicle batteries to boost local EV production and support related supply chains. The... 

Mali gold revenue rises 6.4% in 2025 despite production decline

Gold mining companies operating in Mali paid the state a record 888.5-billion CFA francs ($1.57-billion) in 2025, up 6.4% from 835.1 billion CFA francs the year before, as record gold prices offset... 

Antofagasta to invest $909m to extend Chile's Zaldivar mine life

London-based Chilean multinational conglomerate Antofagasta Minerals announced more than $900-million in planned investment to extend the lifespan of its Zaldivar copper mine in northern Chile... 

Sumitomo finances Ambatovy stake sale to exit project, sources say

Sumitomo Corp provided financing to the buyers of its 54% stake in Madagascar's Ambatovy nickel operation, smoothing its exit from the loss-making project, three sources familiar with the matter... 

Nigeria plans five repatriation flights from South Africa

Nigeria will begin repatriating its citizens from South Africa this week, after anti-immigrant attacks and protests in the continent’s biggest economy. The Nigerian government has scheduled the... 

Oil prices climb more than $4 after Israeli strikes on Iran, Lebanon

Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42 or 4.47% to... 

Top iron-ore miners seek Canberra's help in price fight with China

Major miners and their lobbyists have asked Canberra for help in pushing back against China's efforts to extract better terms for their iron-ore, including raising the prospect of a single selling...