Mining

U.S. gov’t sparks ‘golden era’ for mining with strategic investments and policy shift - Crescat’s Costa teaser image

U.S. gov’t sparks ‘golden era’ for mining with strategic investments and policy shift - Crescat’s Costa

(Kitco News) - For years, the mining sector has struggled to attract investor attention, but sentiment is beginning to shift, as one portfolio manager says the sector is on the cusp of a golden era of unprecedented growth.

Aug 13, 2025 - 11:52 AM

Caterpillar, Deere count the costs of tariffs as soft demand limits pricing power teaser image

Caterpillar, Deere count the costs of tariffs as soft demand limits pricing power

Aug 15, 2025 - 1:31 PM

China warns Western companies against stockpiling rare earths, FT reports teaser image

China warns Western companies against stockpiling rare earths, FT reports

Aug 15, 2025 - 12:43 PM

Barrick, Shandong Gold aim for $400M investment in Argentine mine teaser image

Barrick, Shandong Gold aim for $400M investment in Argentine mine

Aug 15, 2025 - 10:32 AM

Brazil Potash seeks up to $1.8 billion to build Amazon mine teaser image

Brazil Potash seeks up to $1.8 billion to build Amazon mine

Aug 15, 2025 - 10:31 AM

Bolivia election and lithium: What you need to know teaser image

Bolivia election and lithium: What you need to know

Aug 15, 2025 - 9:18 AM

Zambia’s copper output dips in second quarter, putting 2025 target at risk

Zambia’s copper output dipped in the second quarter, official data showed on Thursday, putting a target of boosting production to 1 million metric tons this year at risk.President Hakainde Hichilema’s government has been trying to lift copper output as part of efforts to get Zambia’s economy back on track after a protracted debt crisis.The Southern African country is Africa’s second-biggest copper producer.It reported output of roughly 224,000 tons in the first quarter of 2025.

Aug 14, 2025 - 5:18 PM

Ukraine PM orders sweeping audit of mining licences

Ukraine’s Prime Minister Yulia Svyrydenko ordered a review of all licences to mine strategic minerals in the country on Thursday, as part of a broader effort to help the war-ravaged economy and secure new investment under a minerals deal with the United States.In April, Ukraine and the United States agreed a minerals deal that was heavily promoted by US President Donald Trump. It envisaged that half of the revenues the Ukrainian government earns from mineral extraction would go to a joint US-Ukraine investment fund.

Aug 14, 2025 - 1:19 PM

Iron ore price slides as China suspends construction ahead of military parade

Iron ore futures slid on Thursday after the Chinese government ordered the suspension of construction activity ahead of a military parade in Beijing.The most traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) fell 2.94% to 775 yuan ($108.06) a metric ton.The benchmark September iron ore on the Singapore Exchange was 1.36% lower at $102.1 a ton, as of 0730 GMT.The military parade to commemorate the end of World War Two will be held on September 3.

Aug 14, 2025 - 1:17 PM

Congolese mining company rejects US allegations following sanctions teaser image

Congolese mining company rejects US allegations following sanctions

The Congolese mining company sanctioned by the United States this week has said it “categorically rejects” allegations linking it to armed groups and mineral smuggling in turbulent eastern Democratic Republic of Congo.The US Treasury Department on Tuesday announced sanctions against the Cooperative des Artisanaux Miniers du Congo (CDMC) over what it called the illicit sale of critical minerals smuggled from the mineral-rich region of Rubaya.

Aug 14, 2025 - 1:16 PM

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says teaser image

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday.Geopolitical tensions, central bank buying and, lately, economic uncertainty fueled by US President Donald Trump’s tariffs drove gold prices to a record high of $3,500 an ounce in April.

Aug 13, 2025 - 2:39 PM

Cochilco maintains copper price forecast for 2025 and 2026 teaser image

Cochilco maintains copper price forecast for 2025 and 2026

Chile’s state copper commission Cochilco maintained its forecast for average copper prices in 2025 and 2026 at $4.30 per pound on Wednesday amid limited supplies of concentrate and sustained demand from China and other emerging economies.Cochilco said Chile’s production is expected to reach 5.58 million metric tons this year, a 1.5% increase from last year. In May, the commission had estimated growth of 3%.For 2026, Cochilco maintained it’s growth estimate at 3% year-on-year, but dropped its production estimate to 5.75 million tons from 5.97 million tons.

Aug 13, 2025 - 2:29 PM

Adani’s new copper smelter in India applies to become LME-listed brand

A major new copper smelter in India owned by Adani Enterprises Ltd has applied to become a listed copper-producing brand with the London Metal Exchange, the LME said in a notice on Wednesday.The copper smelter, which has an annual production capacity of 500,000 metric tons, is coming online at a time of shrinking smelting margins due to new smelter capacity in China and slower-than-expected growth of copper concentrate supply.According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world’s biggest single-location plant of its type.

Aug 13, 2025 - 2:28 PM

India set to allow its private firms to mine and import uranium to help nuclear expansion teaser image

India set to allow its private firms to mine and import uranium to help nuclear expansion

India aims to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars to boost the industry, two government sources said.Prime Minister Narendra Modi’s government plans to expand nuclear power production capacity by 12 times by 2047 and it is also relaxing requirements to allow foreign players to take a minority stake in power plants, it was reported in April.

Aug 13, 2025 - 12:09 PM

Albemarle says Chile lithium plant operating normally after incident last week teaser image

Albemarle says Chile lithium plant operating normally after incident last week

Albemarle’s La Negra lithium processing plant in Chile is operating normally after an “incident” last week, the company told Reuters on Tuesday, after a local lawmaker said authorities had opened an investigation.There were no injuries and sales of the metal used to make lithium-ion batteries are not expected to be affected, Albemarle said, without providing additional details.It was not immediately clear if operations had temporarily shut down last week. Albemarle gave no more details of the incident.

Aug 13, 2025 - 11:10 AM

Samarco gets court approval to exit bankruptcy proceedings teaser image

Samarco gets court approval to exit bankruptcy proceedings

Brazilian miner Samarco, a joint venture between Vale and BHP, has received approval from a court in Minas Gerais state to exit bankruptcy protection proceedings, it said in a statement on Tuesday.The process allowed Samarco to reorganize more than 50 billion reais ($9.28 billion) in liabilities involving around 10,000 creditors, the statement said. The proceedings were triggered by a 2015 dam collapse near the Brazilian city of Mariana which halted operations for several years.($1 = 5.3896 reais)(By Marta Nogueira and Isabel Teles; Editing by Kylie Madry)

Aug 13, 2025 - 11:04 AM

India proposes minerals exchange to regulate metals trading teaser image

India proposes minerals exchange to regulate metals trading

India’s Ministry of Mines has introduced a bill in the lower house of Parliament to establish a national minerals exchange aimed at regulating the trading of minerals and metals, a copy of the bill showed.The proposed exchange would facilitate trading in minerals and metals under rules framed by the central government.It would also maintain a comprehensive data bank of trading activity and include regulations to prevent insider trading and market manipulation.

Aug 12, 2025 - 4:44 PM

Eramet names processing head in Gabon with eye on manganese ore export ban teaser image

Eramet names processing head in Gabon with eye on manganese ore export ban

Eramet has appointed an executive to oversee mineral processing in Gabon, the company said on Tuesday, as the West African country seeks to end exports of unrefined manganese and boost local processing.Gabon’s government announced at the end of May that it would ban the export of raw manganese from January 2029, joining other West African states in seeking to capture more value from their mining resources.

Aug 12, 2025 - 2:09 PM

Alrosa flags high rates, inflation pressure as revenue falls teaser image

Alrosa flags high rates, inflation pressure as revenue falls

Russia’s sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high interest rates, inflation and taxes exert pressure on profits.Group of Seven countries banned direct imports of Russian diamonds in January 2024. This was followed by a European Union and G7 ban on imports of Russia-origin diamonds via third countries. Alrosa itself has been under U.S. sanctions since 2022.

Aug 12, 2025 - 11:49 AM

Australia’s Arafura Rare Earths eyes $100 million in export agency funding, source says teaser image

Australia’s Arafura Rare Earths eyes $100 million in export agency funding, source says

Arafura Rare Earths has received a letter of interest from Australia’s export finance agency about potential funding for its Nolans project in the Northern Territory, which a source said would likely amount to around $100 million.Export Finance Australia has provided a non-binding letter of interest for funding support for the project, Arafura – which is backed by billionaire Gina Rinehart – said in an exchange filing on Tuesday.

Aug 12, 2025 - 11:41 AM