LNG Canada offers five First Nations option to invest up to C$1bn in Phase 2 storage tank

LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1-billion ($710.78-million) to acquire a storage tank planned to be built in a proposed expansion of the... 

Vale's board elects Wilfred Bruijn as temporary chairperson

The board of directors of Brazilian miner Vale elected member Wilfred Theodoor Bruijn as a temporary chairperson, the company said on Tuesday. Bruijn will stay in the role until a shareholders... 

Alcoa greenlights Australia gallium plant with US, Japan and domestic backing

Bauxite and aluminium producer Alcoa Corporation said on Tuesday it has reached a final investment decision to set up a gallium plant at its Wagerup alumina refinery in Western Australia, with... 

Ghana's 2026 artisanal gold output likely to surpass record 2025 level, Gold Board says

Ghana's Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining (ASM) in the first half of 2026 and output from the sector is on track to match or surpass last year's... 

Antofagasta's first-half copper output drops 9.5%, uptick seen ahead

Chilean miner Antofagasta said on Wednesday its copper output fell 9.5% in the first half to 285 000 tons owing to lower production at two key mines, but affirmed its yearly forecast as it expects... 

Rio Tinto beats quarterly iron-ore sales estimates, flags rising diesel costs

Diversified miner Rio Tinto posted better-than-expected second-quarter iron-ore sales on Wednesday, supported by strong operational performance, though it will need a stronger second half to meet... 

Australia's export finance agency boosts jobs by 21% amid critical minerals push

Export Finance Australia (EFA) added 40 staff in the financial year to June, as the government-backed agency builds up critical minerals expertise to deliver an A$1.2-billion ($840-million)... 

South African rand gains as US inflation weighs on dollar

The South African rand gained on Tuesday against a weaker dollar after US consumer inflation slowed more than expected in June, ruling out an interest rate increase from the Federal Reserve this... 

Congo's planned mining law reform could dent investor confidence, industry warns

Democratic Republic of Congo's main mining industry body has warned that proposed changes to mining laws aimed at tightening state control could dent investor confidence in the world's top cobalt... 

Oil hits four-week high as US-Iran conflict escalates

Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows... 

BHP workers to proceed with strike after talks fail, union says

Hundreds of workers at BHP's Port Hedland iron-ore operations are set to down tools on Thursday after workers and their elected representatives did not reach agreement with the company, a... 

Indonesia's Amman Mineral aims to double copper cathode output in 2026

Indonesia's PT Amman Mineral Nusa Tenggara, the main unit of Jakarta-listed PT Amman Mineral Internasional, aims to double its copper cathode output this year after it finished ramping up... 

Canada's Greenfire Resources to buy Connacher for $900m

Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27-billion ($900-million) in cash. On a combined basis, Greenfire's... 

Vault and Genesis agree to merge, creating $8.7bn Australian gold producer

Genesis Minerals has agreed to acquire smaller peer Vault Minerals in a deal that would create Australia's third-largest gold producer with a market capitalisation of around A$12.6-billion... 

Australia blocks voting rights of some China-linked investors in Northern Minerals

Northern Minerals said on Tuesday that Australian Treasurer Jim Chalmers has ordered three offshore investment firms, including Hong Kong Ying Tak, to refrain from exercising their voting rights in... 

China June iron-ore imports at six-month high on robust shipments, resilient demand

China's iron-ore imports in June rose by 15% from the month before to a six-month high, as miners increased shipments to achieve quarterly guidance and as lower prices sparked more buying among... 

Oil hits four-week high as US, Iran step up attacks in Strait of Hormuz

Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows... 

China's June coal imports jump 29% after mine accident

China imported 42.78-million tons of coal in June, customs data showed on Tuesday, up 29% from a year earlier as a mine accident in late May tightened domestic supply and led to higher imports.... 

Chesapeake Utilities unit to build $1.2bn Florida gas pipeline project

Chesapeake Utilities said on Monday its unit Peninsula Pipeline Company will develop, construct and operate a natural gas pipeline project in Florida for about $1.2-billion. The project will help... 

OPEC further lowers 2026 global oil demand growth forecast

OPEC on Monday lowered its forecast for world oil demand growth in 2026 to 780 000 barrels per day, a copy of its monthly report showed, marking the third straight downward revision. The producer... 

EU announces restrictions on trading Sudanese gold

The EU announced on Monday new sanctions against Sudan by targeting the country's gold trade, which it said was being used to finance the military conflict in the country. "The decision introduces... 

Heavy-handed revenue enforcement a threat to Congo mining sector, warns president

Congolese President Felix Tshisekedi has ordered state revenue agencies to refrain from heavy-handed enforcement operations against mining companies, warning that excessive measures could dent... 

EU imports record LNG volumes from Russia's biggest plant ahead of ban

European Union countries imported record-high volumes of liquefied natural gas (LNG) from Russia's Yamal facility in the first half of this year, EU data showed on Monday, ahead of a ban on Russian... 

South Africa proposes compulsory fuel stocks to preempt crises

South Africa is proposing a revamp of its strategic fuel storage capability requiring mandatory reserves from both the State and private sector to mitigate supply crises, a policy document showed.... 

Jingye Steel demands full compensation for British Steel takeover

China's privately-owned steelmaker Jingye Steel said on Monday it would seek "prompt, adequate and effective" compensation from the British government over its investment in British Steel, after... 

Namibia secures China deals on infrastructure, mining and energy with state visit

China on Friday said it would step up cooperation with Namibia in the Southern African state's energy, farming, infrastructure, and minerals sectors during talks in Beijing between Chinese leader... 

Chile's May copper output falls sharply across top miners

Chile's copper output from major producers fell sharply in May, according to data published by State copper commission Cochilco on Friday, with Codelco's production down 18.3% year-on-year to 106... 

Australia's Regis folds on Vault battle, paves way for Genesis' $3.9bn offer

Australia's Regis Resources on Monday said that it would not match a rival offer to buy Vault Minerals, clearing the path for Genesis Minerals' A$5.6-billion ($3.88-billion) bid for the gold... 

Legacy Mines to invest $69m to restart Queensland mining operations

Australia's Legacy Mines said on Monday it would invest about A$100-million ($69.27-million) to restart operations at the Mungana mine and its associated regional processing hub in Far North... 

Burkina Faso grants permit to State-owned gold miner for Bouboulou project

Burkina Faso has awarded an industrial mining permit to state-owned miner SOPAMIB for the Bouboulou gold project, according to a statement, advancing the military-led government's push for greater... 

US-Iran escalation could threaten 2027 oil market surplus, IEA says

A recent escalation of hostilities between the US and Iran could upend the International Energy Agency's (IEA's) forecast of a significant oil market surplus next year, it said on Friday, as global... 

Aluminium supply shock revives long-idled Western smelters, Reuters says

The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life. In the US, Magnitude 7 Metals is reactivating the New Madrid smelter in Missouri. 

Carney pitches tighter Canada-Saudi mining and energy ties

Mark Carney, making the first visit to Saudi Arabia by a Canadian Prime Minister for 26 years, on Thursday said the two nations were well-placed to deepen mining and energy ties. Carney, who says... 

Anti-migrant protests risk economic blowback for South Africa

Frustrations over unemployment, crime and years of weak growth are driving South Africa's anti-migrant protests. But economists warn that the departure of thousands of foreign workers could end up... 

Deep-sea mining threatens molluscs holding promise for science, Red List shows

Over half of mollusc species that cluster around underwater vents and hold promising potential for medicine and technology are at risk of going extinct due to deep-sea mining, the world's largest... 

Aus regulator sees east coast gas market well-supplied through 2026, warns of 2027 risks

Australia's east coast gas market is expected to have sufficient supply in the fourth quarter of 2026, though further investment will be needed to meet longer-term demand, the country's competition... 

Fortuna expects Senegal gold project permit within weeks, CEO says

Fortuna Mining expects to receive the final permit for its Diamba Sud gold project in Senegal within weeks, its chief executive told Reuters, adding that with government support the country could... 

Zambia election will put Hichilema's economic record to the test

Zambia is gearing up for an August election in which President Hakainde Hichilema is favoured to win a second term but may face a strong challenge from opposition leader Brian Mundubile. The vote... 

IMF lowers 2026 global growth forecast to 3%, sees rebound in 2027

The International Monetary Fund on Wednesday inched its 2026 global growth forecast lower again to a sluggish 3.0%, warning of ongoing risks linked to the war in the Middle East, trade... 

Chile's lithium export value nearly triples in H1 on rising prices, strong demand

Chile's lithium exports surged in value in the first half of the year, nearly tripling from a year earlier as stronger prices and solid global demand boosted sales, the government said on...