Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India

Chevron is looking to expand its global gas portfolio from Argentina to the Mediterranean to meet growing demand from buyers concerned about energy security due to the crisis in the Middle East,... 

How obscure yttrium became a global flashpoint

If you want an insight into the state of the world right now, it's worth taking a look at yttrium. This obscure member of the rare earths family is going to be high on the agenda when China's... 

Australia's Whyalla Steelworks to cut hundreds of jobs ahead of sale

Around 500 workers will be made redundant at Australia's second-largest steel mill, administrators and lawmakers said on Monday. Whyalla Steelworks in South Australia is currently searching for a... 

South African company acquires wind energy project in Zambia

South Africa-based independent power producer Sturdee Energy has announced that it has entered the Zambian market through the acquisition of the Masaiti Wind Project from Upepo Energy Zambia.... 

Nearly a third of India's coal power plants have critical low fuel stocks

Nearly a third of India's coal-fired power plants are operating with critically low fuel stocks despite government efforts to boost supplies, as an extended spell of hot weather keeps electricity... 

IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows

LONDON – Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the... 

Ghana is drafting wage, tender floors for mining contractors, official says

DAKAR – Ghana's mining regulator is developing minimum wage and tender benchmarks for contract mining firms, seeking to curb aggressive underbidding as the country pushes miners to outsource more... 

Cutting Canada tariffs alone won't flatten US aluminium premium, Alcoa says

The steep premium paid for aluminium in the US will not drop significantly even if Washington halves the tariffs on metal from neighboring Canada, because imports from other countries will still be... 

Copper output from Chile's Codelco dips in July

Copper output at Chilean State miner Codelco, one of the world's largest copper producers, fell 5% from a year earlier in July to 112 800 tons, data from state copper commission Cochilco showed on... 

US copper price premium sinks on report that tariff plan stalls

LONDON - The premium paid to ship copper to the US fell sharply on Thursday after Reuters reported that Washington's plans to impose a tariff on imports of the metal had stalled. With copper... 

Transnet returns to profit on asset sale, higher freight volumes

State-owned logistics group Transnet on Thursday reported a R4.6-billion profit for the year to the end of March 2026, its first annual profit in four years. The freight rail, ports and pipelines... 

India hosts BRICS summit as Iran war tests bloc unity

India will host the BRICS Leaders' Summit this weekend, seeking to lift the bloc's global profile even as the US-led war on Iran splits its membership, with Tehran and Abu Dhabi on opposing sides... 

Australian union backs class action against BHP over public holiday work

An Australian mining union is funding a class action against BHP that could cover up to 7 000 workers employed by the miner's labour hire subsidiaries. The Mining and Energy Union (MEU) said on... 

South Africa's current account records Q2 deficit as Iran war drives up import costs

South Africa recorded a current account deficit in the second quarter after a strong surplus in the first three months of this year, as the Iran war drove import costs sharply higher, central bank... 

Japan, Slovenia sign hydrogen energy cooperation memorandum

Japan and Slovenia signed a memorandum of cooperation on Thursday to collaborate on hydrogen energy, including building resilient supply chains, advancing technology development and promoting... 

Eramet restarts nickel mine in Indonesia

French group Eramet is restarting operations at the Weda Bay nickel mine in Indonesia after suspending output earlier this year when it used up a reduced mining quota. Indonesia, the world's... 

TotalEnergies flags new oil discovery, enters two exploration blocks in Angola

French oil major TotalEnergies on Thursday announced a new oil discovery in Angola and signed agreements to buy a 40% operated interest in two new exploration blocks in the country. The new... 

South African rand gains before key economic readings

The South African rand edged up in early trade on Thursday ahead of the release of domestic manufacturing, current account and mining figures, while traders also awaited US inflation data that... 

US says it will help develop Kenya's critical minerals processing

The US will help Kenya develop a critical minerals processing industry, a senior American official said on Wednesday, against the backdrop of rivalry between China and the US over access to... 

TotalEnergies plans $10bn Angola investment with partners over five years, CEO says

French oil major TotalEnergies will invest $10-billion with partners in Angola over the next five years to bolster production across various projects, Chief Executive Patrick Pouyanne said at an... 

Global coal demand forecast to rise by 1.2% in 2026 to a record 8.94bn tonnes due to Middle East conflict, IEA says

Global coal demand is forecast to rise by 1.2% in 2026 to a record 8.94-billion tonnes due to the Middle East conflict, the International Energy Agency (IEA) said on Thursday. Disruptions to oil... 

Chile proposes market reform to boost junior mining exploration

Chile has introduced a capital markets reform aimed at boosting early-stage mining exploration and attracting foreign capital to the world's top copper producer and second-largest lithium supplier,... 

Canada's Enbridge to buy Tallgrass crude oil business for $2.55bn

Enbridge said on Wednesday it will acquire Blackstone-owned Tallgrass Energy's crude oil business for $2.55-billion in cash, expanding its US liquids pipeline network by buying a majority stake in... 

Australia softens gas reserve rule for LNG exporters

Australia relaxed a proposed rule on Thursday that would have forced natural gas exporters to reserve 20% of their output for the local market, instead requiring them to hold back up to a fifth of... 

Japan's Mitsubishi Materials to expand tungsten recycling capacity at Akita

Mitsubishi Materials said on Wednesday it would invest about 8-billion yen ($52-million) to expand tungsten recycling capacity at its subsidiary Japan New Metals, as Japan seeks supplies of the... 

EU faces complaint over plan to simplify more environmental laws

Environmental campaign groups lodged a complaint against the European Commission on Tuesday, accusing the EU executive of moving ahead with an overhaul of water protection and management laws... 

South African rand holds steady as traders await domestic news

The South African rand held steady against a weak dollar in early trade on Wednesday as investors avoided taking large positions ahead of domestic economic data that could offer further clues on... 

Dangote's proposed Kenyan oil refinery faces hurdles, not least with crude supply

Less than three years after overcoming surging costs, swampy terrain and inadequate infrastructure to launch Africa's biggest oil refinery in Nigeria, billionaire Aliko Dangote is set on... 

Brent crude rises above $100 a barrel as Middle East conflict escalates

Benchmark Brent crude oil futures rose past $100 a barrel on Wednesday, breaching the symbolic barrier for the first time since July 24 as intensifying conflict in the Middle East fuelled growing... 

Alberta landowners take regulator to court over oil well cleanup

A group of Alberta landowners are going to court to argue that the province's energy regulator has chronically and knowingly underfunded a program meant to protect the public from the cost of... 

Workers at Yancoal Australia's Premier coal mine vote for strike over pay dispute

Workers at Yancoal Australia's Premier coal mine voted in favour of a strike, seeking higher pay and greater certainty over entitlements and future earnings, the Mining and Energy Union (MEU) said... 

Capped at home, China extends its aluminium dominance abroad, Reuters says

China's aluminium smelters have been running red hot this year. The Shanghai aluminium price is nudging three-month highs, raw material costs are historically low and margins are strong. Every... 

Copper set to test $15 000 as investors await US data, tariff clarity

Copper prices could break through $15 000 for the first time as soon as this week, analysts said on Tuesday, as investors position for another round of US economic data and President Donald Trump... 

Tamarack Valley, Headwater Exploration agree $7.2bn all-stock merger

Canadian oil producers Tamarack Valley and Headwater Exploration will merge in an all-stock deal valued at C$10 billion ($7.25 billion), the companies said on Tuesday. The deal would create the... 

Indian steel prices set to rise further on coking coal costs, demand revival

Indian steel prices are expected to rise further in the coming weeks as a post-monsoon pickup in infrastructure and automotive demand tightens the market while higher coking coal costs lift... 

Global diesel supply to stay tight through winter, industry execs say

Global diesel supply will remain tight due to a lack of spare refining capacity, Russia's ban on exports and the approach of peak winter demand, senior industry executives said on Tuesday. The wars... 

Why isn't oil above $100 despite supply disruptions?

Global oil benchmark Brent crude has rallied this month but stayed below $100/bbl despite recent escalation in the US-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the... 

Nigeria's Dangote refinery plans $14bn expansion as it signs IPO documents

Nigeria's Dangote oil refinery plans to spend $14.3-billion to double its processing capacity, the company disclosed on Monday as it signed documents for its initial public offering that is slated... 

Congo extends State control over mining with bid to lock down geological data

Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of... 

South African rand slips ahead of GDP data expected to show a decline

The South African rand weakened in early trade on Tuesday as investors awaited second-quarter gross domestic product (GDP) data, which is expected to show the economy contracted. At 0625 GMT, the...