Iron ore hits two-year low as demand weakens
Iron ore prices have tumbled to their lowest levels in over two years, driven down by weakening steel demand in China and expanding global supply.
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.
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.
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.
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.
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.
London gold body sued over deaths at Tanzanian mine
The London Bullion Market Association faces a high-stakes court battle over allegations that its certification programme enabled alleged human rights abuses at a Tanzanian gold…
Rwandan tungsten miner targets New York listing
Rwandan tungsten producer Trinity Metals is targeting a New York listing as surging prices for the defence-critical mineral drive ambitious mining expansion plans.
Genesis considers mine sales after Vault takeover
Genesis Minerals is considering selling or spinning off some of its Australian mines following the completion of its takeover of Vault Minerals.