Mining

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

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

Aug 13, 2025 - 12:09 PM

Albemarle says Chile lithium plant operating normally after incident last week

Aug 13, 2025 - 11:10 AM

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

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

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

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

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

Franco-Nevada posts record Q2 earnings but faces cash flow pressure

(Kitco News) - Royalty and streaming companies are riding the wave of higher gold prices, with Franco-Nevada Corporation (TSX: FNV) reporting record results in the second quarter of 2025.

Aug 11, 2025 - 5:20 PM

Codelco gets approval from labor inspector to restart El Teniente operations

Copper miner Codelco received authorization from Chile’s labor inspector office to begin resuming certain operations at its flagship El Teniente copper mine, it said on Saturday, after more than a week of suspended operations following a deadly collapse that killed six workers.In a statement, Codelco said operations can resume in areas not affected by the July 31 collapse, including Pilar Norte, Panel Esmeralda, Pacifico Superior, Diablo Regimiento, and others, while sections such as Recursos Norte and Andesita remain suspended, pending further inspections.

Aug 11, 2025 - 11:17 AM

Barrick earnings beat on strong gold, copper output, higher prices

(Kitco News) - Investors in the mining sector continue to be rewarded, with Barrick Mining Corporation (NYSE: B) (TSX: ABX) posting better-than-expected Q2 earnings on stronger gold and copper production.

Aug 11, 2025 - 10:03 AM

BHP leads global steelmakers group to study Asian carbon capture hubs

BHP, the world’s largest miner, is leading a global consortium of steelmakers to explore carbon capture, utilization and storage (CCUS) opportunities across Asia, project manager Hatch said on Monday.The group, comprising ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel, Chevron Corp and Mitsui & Co, will assess the deployment of CCUS in “hard-to-abate” sectors, such as steelmaking.The one-year pre-feasibility study will focus on the potential to develop large-scale projects in Asia, which could repurpose or store captured carbon dioxide.

Aug 11, 2025 - 9:05 AM

Barrick Mining beats quarterly profit estimates on bullion price surge

Aug 11 (Reuters) - Barrick Mining (ABX.TO), beat analysts' expectation for second-quarter profit on Monday, as a surge in gold prices helped the miner offset a drop in production.

Aug 11, 2025 - 8:50 AM

Lula plans new ‘national sovereignty’ policy for strategic minerals

Brazilian President Luiz Inacio Lula da Silva told Reuters on Wednesday of his plans for a new national policy treating strategic minerals as a matter of “national sovereignty” in order to avoid exporting minerals without adding value locally.“We won’t allow what happened in the last century to happen again, where Brazil exports raw minerals and then buys products with very high added value,” the president, known as Lula, said in the interview. “We want to add value in Brazil.”

Aug 08, 2025 - 11:05 AM

Fortescue lands near $2 billion loan to advance decarbonization

Fortescue said on Friday it had secured a syndicated term loan facility worth 14.2 billion Chinese yuan ($1.98 billion) as the Australian miner looks to support its ambitious decarbonization plans.The mining giant said at the end of July that it was scaling back and would scrap its green hydrogen projects locally and in the United States.

Aug 08, 2025 - 9:27 AM

Argentina's copper dreams need infrastructure - but who will build it?

SAN JUAN, Aug 8 (Reuters) - Argentina holds rich copper deposits in the mountainous north along the Chilean border, but, unlike its mining powerhouse neighbor, has not built power lines and roads needed for new projects backed by miners such as BHP and Rio Tinto.President Javier Milei's austerity campaign to clamp down on inflation and debt means the South American country is up against bigger challenges than most countries to build the infrastructure needed by mines worldwide.

Aug 08, 2025 - 8:20 AM

South Africa looks to join international diamond marketing push

South Africa’s cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1% levy on the annual revenues of diamond companies.The natural diamond market has struggled in the past three years due to rising consumer demand for the cheaper synthetic gems, coupled with global macroeconomic volatility which has led to lower international prices.

Aug 07, 2025 - 4:19 PM

Mining

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

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says

Cochilco maintains copper price forecast for 2025 and 2026

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

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

Albemarle says Chile lithium plant operating normally after incident last week

Samarco gets court approval to exit bankruptcy proceedings

India proposes minerals exchange to regulate metals trading

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

Alrosa flags high rates, inflation pressure as revenue falls

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

Franco-Nevada posts record Q2 earnings but faces cash flow pressure

Codelco gets approval from labor inspector to restart El Teniente operations

Barrick earnings beat on strong gold, copper output, higher prices

BHP leads global steelmakers group to study Asian carbon capture hubs

Barrick Mining beats quarterly profit estimates on bullion price surge

Lula plans new ‘national sovereignty’ policy for strategic minerals

Fortescue lands near $2 billion loan to advance decarbonization

Argentina's copper dreams need infrastructure - but who will build it?

South Africa looks to join international diamond marketing push