Mining

Ghana study warns of hazardous toxin levels linked to mining as artisanal gold output soars

Sep 23, 2025 - 2:24 PM

Australian critical minerals firms flock to US opportunities

Some of Australia’s most advanced critical minerals producers are moving forward on plans to build processing facilities in the United States, despite Australia’s strategic push to build up its own domestic industry.An Australian delegation of critical minerals companies visited Washington and New York last week to meet senior administration officials and investors. ASX-listed firms including Australian Strategic Materials, Ionic Rare Earths, and International Graphite are looking to expand in the US, company executives told Reuters.

Sep 23, 2025 - 2:17 PM

Canada will take ‘close look’ at the Teck-Anglo deal, says finance minister

The proposed $53 billion merger between Teck Resources and Anglo American is under review by Canada’s federal government, which must make sure it is in the net benefit of the country, Finance Minister Francois Philippe Champagne said on Saturday.“Canada will take a close look at the Teck-Anglo deal,” Champagne said, to determine if the industry minister will approve it.(By Divya Rajagopal; Editing by David Gregorio)

Sep 22, 2025 - 3:16 PM

Mali announces more new mining deals under revised code

Mali has approved seven agreements granting the state more revenue from international and local mining companies in the latest push by the military government to extract more income from the sector.The Council of Ministers approved the exploitation and exploration agreements at its meeting on Friday, according to a statement published late on Friday, giving Mali a guaranteed, non-reducible stake in mining projects with priority access to dividends.

Sep 22, 2025 - 3:13 PM

Indonesian tin miner Timah optimistic about hitting 2025 output target

Indonesia’s state-run tin miner PT Timah is optimistic that it can reach its output target of 21,500 metric tons this year, despite weak production in the first half, its chief executive Restu Widiyantoro told a parliamentary hearing on Monday.He said a task force cracking down on illegal tin mining in Timah’s mining zone is expected to help the company reach its target.In the first half this year, Timah’s tin ore output fell 32% year-on-year to 6,997 tons, while its refined tin production fell 29% to 6,870 tons, company data showed.

Sep 22, 2025 - 3:10 PM

Codelco gets a pass on mine woes as bond-selling window opens up

Codelco has a window of opportunity to return to the debt market as investors look past a fatal accident at its largest mine and focus instead on rising copper prices and lower interest rates.Bonds in Chile’s state copper behemoth are trading at the cheapest levels this year, relative to Treasuries. That’s piqued the interest of management, which is mulling a similar bond sale to the $1.5 billion sold in January, said a person familiar with the matter.

Sep 22, 2025 - 3:02 PM

US agency wants to buy scandium oxide from Rio Tinto for defence stockpile

The US Defense Logistics Agency is seeking to buy scandium oxide worth up to $40 million over the next five years from a unit of mining giant Rio Tinto to secure supplies of the critical material for addition to the national stockpile.Scandium is one of the rare earth elements, whose importance to the Western defence and technology sectors has been in the spotlight since China, the main producer, imposed export controls.

Sep 22, 2025 - 2:59 PM

US lawmaker wants Trump to restrict Chinese flights over rare earths access

The chair of a US House of Representatives committee on China on Thursday called on the Trump administration to restrict or suspend Chinese airline landing rights in the US unless Beijing restores full access to rare earths and magnets.Representative John Moolenaar, a Republican, also said the US should review export control policies governing the sale of commercial aircraft, parts and maintenance services to China.

Sep 19, 2025 - 4:04 PM

Valterra CEO sees global platinum supply shrinking 15%-20% by decade’s end

Global primary platinum group metal production could fall by as much as 20% by the end of this decade, widening a supply deficit, Valterra Platinum CEO Craig Miller said on Thursday.Miller said demand from carmakers, who use platinum, palladium and rhodium in catalytic converters, had remained robust, driven by higher sales of both conventional and hybrid vehicles, with the energy transition unfolding more slowly than forecast.He added that demand from jewellery manufacturers had also been strong.

Sep 19, 2025 - 4:02 PM

Anglo-Teck merger to unlock Chile mine synergies, if Glencore signs off

The proposed Anglo American-Teck merger has revived long-standing ambitions to share infrastructure at two major mines in northern Chile, but analysts say the plan could face hurdles to gain buy-in from Swiss miner and trader Glencore.Glencore an equal partner with London-listed Anglo at Collahuasi, one of the world’s largest copper deposits that sits about 10 kilometers (6.21 miles) from Canadian miner Teck’s flagship Quebrada Blanca mine.

Sep 19, 2025 - 1:24 PM

Switzerland probes trader over alleged sanctioned Russian gold dealings

Swiss-based metal trader Open Mineral is being investigated by Switzerland’s State Secretariat for Economic Affairs (SECO) and Zug police for alleged dealings with sanctioned Russian gold, two sources with knowledge of the matter said.Sanctions on Russian gold were imposed by Switzerland in August 2022, aligning it with the European Union’s sanctions which included gold, after Russia invaded Ukraine in 2022.

Sep 19, 2025 - 1:17 PM

Congo considers cobalt export ban extension, quota plan faces delays

The Democratic Republic of Congo is weighing up an extension of its cobalt export ban by at least two months, as officials work to finalize a quota system aimed at replacing the suspension, three sources familiar with the matter told Reuters.The Mines Ministry arrived at the decision citing a need for further recovery in the cobalt price and more time to implement a quota-based framework, a senior official at the ministry said.The Mines Ministry’s decision needs approval from the Presidency.The Presidency and Mines Ministry did not respond to requests for comment.

Sep 19, 2025 - 1:15 PM

Singapore reviewing short seller claim against Vedanta

The Singapore Police Force is reviewing a complaint by short seller Viceroy Research that natural resources conglomerate Vedanta Ltd improperly funded its 2024 dividend, documents viewed by Reuters show.Vedanta Ltd told Reuters it had paid all dividends in full compliance with applicable laws, calling Viceroy’s allegations “baseless”.“We maintain that the allegations in the short seller’s dubious ‘reports’ are malicious and ill-informed, and the company unequivocally rejects them,” the company said.

Sep 19, 2025 - 1:13 PM

Zijin Gold launches $3.2 billion Hong Kong IPO

Zijin Gold International, a wholly-owned unit of China’s mining giant Zijin Mining, is aiming to raise HK$24.98 billion ($3.21 billion) in a Hong Kong initial public offering, the largest of its kind in the city this year, according to its prospectus released on Friday.Zijin Gold is selling 349 million shares at an offer price of HK$71.59 apiece, with dealings in shares to commence on the exchange on September 29, the prospectus showed.

Sep 19, 2025 - 1:07 PM

Pakistan approves $390M plan to build rail tracks from Balochistan mines

Pakistan has approved a proposal of bridge financing worth $390 million to lay railway tracks that would be used to transport large volumes of export material from mines in Balochistan, a government statement said on Thursday.(By Ariba Shahid and Hritam Mukherjee; Editing by Aidan Lewis)

Sep 18, 2025 - 4:46 PM

Mining

Bank of America sees nearly $1 trillion market cap potential for gold miners

Chile’s Corfo agency preps lithium contracts ahead of SQM-Codelco deal

Congo will not ‘auction’ mineral resources to the US, president says

Southern Copper eyes steady production in Peru, bets big on new projects

Indonesia suspends 190 mining permits, state media reports

Ghana study warns of hazardous toxin levels linked to mining as artisanal gold output soars

Australian critical minerals firms flock to US opportunities

Canada will take ‘close look’ at the Teck-Anglo deal, says finance minister

Mali announces more new mining deals under revised code

Indonesian tin miner Timah optimistic about hitting 2025 output target

Codelco gets a pass on mine woes as bond-selling window opens up

US agency wants to buy scandium oxide from Rio Tinto for defence stockpile

US lawmaker wants Trump to restrict Chinese flights over rare earths access

Valterra CEO sees global platinum supply shrinking 15%-20% by decade’s end

Anglo-Teck merger to unlock Chile mine synergies, if Glencore signs off

Switzerland probes trader over alleged sanctioned Russian gold dealings

Congo considers cobalt export ban extension, quota plan faces delays

Singapore reviewing short seller claim against Vedanta

Zijin Gold launches $3.2 billion Hong Kong IPO

Pakistan approves $390M plan to build rail tracks from Balochistan mines