US judge halts Biden administration's pause on LNG permits

A federal judge on Monday dealt President Joe Biden's climate agenda a setback by blocking the Democrat's administration from continuing to pause the approval of applications to export liquefied... 

Côte d'Ivoire to revise mining code to increase state profits

Côte d'Ivoire is planning to revise its mining code in order to increase state profits, the country's mines minister Mamadou Sangafowa Coulibaly said on Monday. The world's top cocoa producer, is... 

India in talks with Africa, Latin America countries for critical mineral blocks, official says

India is in talks with countries in Africa and Latin America to get critical mineral blocks on a government-to-government basis, Veena Kumari Dermal, joint secretary of the Ministry of Mines, said... 

DR Congo's Gecamines opposes sale of cobalt miner Chemaf

Democratic Republic of Congo's State miner Gecamines said on Monday it would not approve the sale of cobalt miner Chemaf and its Congolese assets to Chinese miner Norin Mining. Gecamines leases... 

Vale reports second board exit in four months amid CEO search

Brazilian miner Vale has lost its second board member in less than four months, it said in a filing on Monday, reporting the resignation of Vera Marie Inkster. Vale, which is in the process of... 

Russia's Alrosa buys Degdekan gold deposit from Polyus

Russian diamond producer Alrosa has bought a gold deposit in Russia's Far East from miner Polyus, the two companies, both of which are under Western sanctions, said on Monday. For the world's... 

China issues rare earth regulations to further protect domestic supply

China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and trade in the critical materials used... 

Lake Resources to cut more than 50% of global workforce

Australia's Lake Resources said on Monday it will slash more than 50% of its global headcount, including six members of the company's executive team, to cut costs and maximise the value of its... 

Southern Copper to restart development of Peru mine on Monday

Peruvian copper producer Southern Copper, controlled by Grupo Mexico, plans on Monday to restart development of the long-postponed Tia Maria project, according to an internal document seen by... 

Tianqi asks Chile regulator to reconsider decision on SQM-Codelco deal

China's Tianqi Lithium has appealed Chile's financial regulator to reconsider its decision about the SQM-Codelco lithium deal not needing shareholder approval, the Financial Market Commission... 

FQM to launch formal arbitration versus Panama in July

Canadian miner First Quantum Minerals will launch formal arbitration proceedings against Panama in July over the country's decision to close the giant Cobre Panama mine last November, two people... 

Eskom to hit CO2 targets despite coal plant extension, CEO says

South Africa's state power company Eskom will meet its target to reduce carbon emissions by 71-million metric tons a year by the end of the decade, its new CEO said on Friday, despite scrapping... 

Dealmakers optimistic on global M&A prospects despite sluggish growth

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 

Mexico to seek deal over disputed mining concession with Chinese lithium firm

Mexican President Andres Manuel Lopez Obrador said on Thursday that his government will seek an agreement with Chinese lithium miner Ganfeng while still defending Mexico's rights, after the firm... 

Lake Resources cuts staff, eyes asset sales amid low lithium prices

Lithium developer Lake Resources is laying off staff and selling assets as low prices for the electric vehicle battery metal hamper efforts to find customers and investors for its flagship Kachi... 

Lithium producers bullish on long-term demand despite recent price drop

The world's largest lithium producers told a major industry conference this week they remain bullish on long-term demand for the electric vehicle battery metal despite the recent price plunge that... 

Claimants for deadly Mariana dam collapse file injunction against BHP, Vale

Lawyers representing claimants taking legal action over Brazil's worst environmental disaster filed an injunction this week against miners BHP and Vale for "trying to derail" a potential... 

US to start buying up to $2.7bn in domestic nuclear reactor fuel

The US is bidding to eventually buy up to $2.7-billion of domestically-supplied enriched uranium, in an effort to boost the supply chain for the nuclear reactor fuel and steer the country away from... 

Disputed Sigma Lithium land has 'probable' reserves, study shows

Sigma Lithium, the biggest player in Brazil's booming lithium industry, told regulators late last year it had found likely mineral reserves on two plots of disputed land, about a month after it... 

Alaska Natives sue EPA over Pebble mine veto, Northern Dynasty says

Northern Dynasty Minerals said on Wednesday two Alaska native village corporations had sued the Environmental Protection Agency (EPA) for its veto against the Canadian miner's proposed Pebble mine... 

South Africa's FDI inflows pick up in first quarter - central bank

South Africa recorded foreign direct investment inflows of R24.4-billion in the first quarter of 2024, up from a revised R2.5-billion in the previous quarter, central bank data showed on Thursday.... 

S Africa consumer confidence recovers in Q2, survey shows

South Africa's consumer confidence improved slightly in the second quarter due to fewer hours of loadshedding and a drop in fuel and food prices, but uncertainty around national elections kept some... 

Vedanta in talks with IHC unit, investors for Zambian copper stake sale

International Resources Holding (IRH), the mining investment arm of United Arab Emirates' richest company, is among investors holding talks on buying into Vedanta Resources' Zambian copper assets,... 

Namibia to build second desalination plant in January

Drought-prone Namibia, currently facing its worst drought in over a century, will start constructing its long-awaited second desalination plant in January 2025, the minister of agriculture said on... 

Australia's Tamboran Resources raises $75m in New York listing

Australia's Tamboran Resources has priced its shares at $24 each to raise $75-million in its New York listing, according to the company's filings on Thursday. The company sold 3.125-million shares... 

Recycling to kick in as long-term solution to EU rare earths challenge

EU companies are gearing up to take advantage of the huge potential for recycling to supply critical rare earths for the bloc's green transition, but it will take time before there is enough supply... 

Norway to award Arctic blocks for seabed mining in 2025

Norway offered large areas of the Arctic region for its inaugural seabed mineral licensing round on Wednesday and aims to award exploration permits during the first half of 2025, the country's... 

E3 Lithium expects Clearwater to produce 32 250 t/y

Canadian lithium-focused company E3 Lithium said on Wednesday its Clearwater Project in Alberta would have an initial capacity of 32 250 t/y of lithium hydroxide. Backed by Exxon's Imperial Oil,... 

Freeport Indonesia launches $3.7bn Gresik copper smelter

Copper and gold miner Freeport Indonesia on Thursday launched its $3.7-billion copper smelter in Gresik, East Java, that has a total input capacity of 1.7-million metric tons of copper... 

Meteoric to supply Brazil rare earths magnet factory

Rare earth developer Meteoric Resources will collaborate with a regional department of Brazil's Minas Gerais state to explore the production of rare earth magnets, the Australian company said on... 

Rainbow Chicken lists on South Africa's JSE

Leading South African poultry producer Rainbow Chicken listed on the Johannesburg Stock Exchange on Wednesday, as part of its unbundling from RCL Foods. RCL Foods, whose brands include Selati... 

Two killed in mortar attack on South African army base in Congo

South Africa's military said on Wednesday that a mortar attack on one of its bases in eastern Democratic Republic of Congo a day earlier had killed two people and injured 20 others. South African... 

Sibanye CEO says may close metals streaming deal in third quarter

Sibanye Stillwater CEO Neal Froneman said on Tuesday it may close a metals streaming, or prepayment, deal to raise the cash it needs to boost its balance sheet in the third quarter. The... 

BHP Group's carbon emissions to rise slightly this year

BHP Group's operational carbon emissions are set for a "small increase" this financial year, an executive said on Wednesday, as the miner said its path to net zero would not be linear and requires... 

Zimbabwe's Kuvimba in advanced talks for lithium project partners

Zimbabwe's State-owned Kuvimba Mining House has advanced plans to secure investment for a $270 million lithium plant at its Sandawana Mine, where production of concentrates is expected to start by... 

Cilo Cybin becomes first medical cannabis company to list in South Africa

South Africa's Cilo Cybin on Tuesday became the first medical cannabis company to list on the Johannesburg Stock Exchange's Alternative Exchange, as it hopes to capitalise on growth in the legal... 

Lilac Solutions releases lithium extraction data amid rising competition

Lilac Solutions said on Tuesday the latest version of its lithium extraction technology can recover more than 90% of the lithium found in many brine formations, and that it has cut the construction... 

Exxaro weighing options for Australian coal JV amid Anglo's planned exit

Exxaro Resources is weighing its options for its Australian coal joint venture project with Anglo American following the mining giant's planned exit from the business, an executive said on Tuesday.... 

Exiting coal isn’t the way to net zero, Australian pension says

Blacklisting the coal industry won’t get the world to net zero emissions, according to an Australian pension fund that says such exclusions ultimately slow down the transition to a low-carbon... 

Aluminium prices under pressure, but brighter prospects on the horizon

Weak global manufacturing has hit aluminium prices, but the impact is likely to be short-lived as the physical market is tight, including in top consumer China. A deficit in top producer China -...