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EU looks to US model for critical minerals security
The EU is considering taking direct equity stakes in critical-minerals projects to cut its reliance on China and keep pace with interventionist strategies in the US and Japan.
Rio Tinto commits $1.9bn to Queensland bauxite project
Rio Tinto is investing $1.9bn in Queensland's new Kangwinan bauxite project to replace depleting production and boost capacity at its Weipa hub.
Teck faces strike at Canada’s biggest copper mine
Teck Resources faces a potential strike at Highland Valley Copper, Canada's biggest copper mine, adding to global supply risks as labour tensions mount across the industry.
Fortescue warns China iron ore standoff could hit profit
Fortescue warns that a protracted pricing standoff with China’s state-backed buyer CMRG could dent full-year profits if unresolved before year-end.
Kenmare says Moma agreement not yet confirmed
Kenmare Resources says it cannot yet confirm whether its key Implementation Agreement with the Mozambican government has been finalised, awaiting formal communication.
Tharisa starts wheeling renewable power to SA mine
Tharisa has begun receiving wheeled renewable electricity from an Etana Energy wind project in Mpumalanga, marking the first step in a major long-term clean power deal.
BHP keeps copper forecast despite 19% output fall
BHP has maintained its full-year copper guidance despite a 19% drop in quarterly output caused by lower ore grades, maintenance, and severe weather in Chile.
Ivanhoe Electric in advanced talks over Arizona copper
Ivanhoe Electric is holding advanced talks with prospective buyers for copper from its Santa Cruz project in Arizona, driven by growing demand from data centres and power networks.
Implats bonuses under scrutiny after worker deaths
Impala Platinum faces growing scrutiny over executive remuneration and bonus payouts following multiple worker fatalities across its operations.
Congo detains 300 Chinese in illegal mining crackdown
Around 300 Chinese nationals have been detained in the Democratic Republic of Congo's copper-rich Kolwezi hub during a targeted crackdown on illegal mining operations.
World Bank eyes $19bn critical minerals drive
The World Bank plans to boost its critical minerals financing fivefold to $19 billion over the next five years, targeting partnerships across 20 countries to support mining and…
Fuel shortage disrupts Zijin’s Eritrea copper-zinc mine
ZIJIN Mining Group’s Bisha copper-zinc mine in Eritrea has suspended ore processing because of a fuel shortage, potentially delaying concentrate shipments to customers, Bloomberg…
Rupert’s Richemont, Signet eye stakes in De Beers bid
Luxury group Richemont and US retailer Signet Jewelers are in advanced discussions to join the consortium leading the race to acquire De Beers from Anglo American.
ARM wins Tanzania court ruling in $195m Pula case
Tanzania's High Court has struck out a $195m damages claim filed against African Rainbow Minerals and entities linked to founder Patrice Motsepe.
Petra treasury unit wound up over £5.65m tax bill
A UK court has ordered the liquidation of a Petra Diamonds treasury subsidiary over an unpaid £5.65m tax bill brought by HMRC, coming amid wider group refinancing efforts.
BHP axes 300 jobs as iron ore costs climb
BHP is cutting around 300 jobs across its Western Australian iron ore operations as falling commodity prices and rising fuel and shipping expenses erode margins.
Kenya’s Equity targets $700m Congo mining loans
EQUITYBCDC, the Democratic Republic of Congo unit of Kenya’s Equity Group, says it can arrange loans approaching $700m by drawing on its parent company’s regional network,…
Glencore targets Aussie investors in ASX debut
Glencore prepares for its listing on the Australian Securities Exchange via CDIs, aiming to tap local pension capital and rising demand for copper.
Congo plans franc payments to boost currency, investment
The Democratic Republic of Congo is preparing new rules requiring domestic payments and mining subcontractors to transact in Congolese francs to reduce dependence on the US dollar.
Ghana retreats on mining lease cap after backlash
Ghana is set to replace its draft mining bill with an amended version that restores a maximum 20-year lease term following constructive talks with the mining sector.