Mining

Jesuits in Britain consider divesting from Rio Tinto over environmental concerns

May 06, 2026 - 4:00 PM

Kitco Mining Channel

Rio Tinto’s water use dries sacred waterhole, Aboriginal group says

A sacred waterhole used for thousands of years by Aboriginal people in Western Australia has run dry for the first time in living memory, with the Robe River Kuruma Traditional Owners blaming years of unsustainable water pumping by Rio Tinto.Robe River Kuruma, on whose land Rio Tinto operates an iron ore joint venture of the same name, were attending Rio Tinto’s annual general meeting in Perth on Wednesday.

May 06, 2026 - 3:50 PM

Indonesia, Philippines to discuss nickel cooperation

Indonesia and the Philippines plan to discuss nickel cooperation during President Prabowo Subianto’s visit to Cebu later this week, Indonesia’s mining minister and an official with the country’s mining association said on Wednesday.Indonesia will discuss shipping more ore from the Philippines when domestic supply is tight, Energy and Mineral Resources Minister Bahlil Lahadalia said.No specific import volume will be agreed upon, and any deals will be conducted on a business-to-business basis, Bahlil said.

May 06, 2026 - 3:46 PM

G7 trade talks target critical minerals as US-EU tariff rift strains unity

Group of Seven trade ministers meeting in Paris on Wednesday sought common ground on securing critical mineral supplies that are dominated by China, but fresh US tariff threats against European Union-made cars risked straining unity.France wants critical minerals supplies to be among the most concrete deliverables during its G7 presidency as ministers prepare for a leaders’ summit in mid-June, Foreign Trade Minister Nicolas Forissier said as he arrived for talks.

May 06, 2026 - 3:43 PM

Perth Mint’s April gold sales rise 6%, silver drops to eight-month low

Perth Mint’s gold product sales climbed 6% in April from the previous month, while silver sales nearly halved to hit an eight-month low, the refiner said on Thursday.Sales of gold coins and minted bars rose 6% to 46,106 ounces last month from 43,656 ounces in March, and were up 5% on a year-on-year basis.Silver sales fell to 496,212 ounces last month from 976,450 ounces in March, and were down about 31% on a year-on-year basis.

May 06, 2026 - 3:35 PM

Argentina sees lithium and copper exports at $32.7B in 10 years

Argentina expects to export $12.1 billion worth of lithium and $20.6 billion worth of copper in 10 years, up from $6 billion in mining exports last year, the South American country’s mining minister Luis Lucero said on Wednesday.

May 06, 2026 - 3:32 PM

G7 in talks to set up permanent unit to oversee critical minerals agenda

The Group of Seven countries are in ‌talks to create a permanent secretariat to ensure initiatives to increase critical mineral supplies survive beyond the bloc’s rotating presidencies, five sources familiar with the discussions said.Developed countries around the world are seeking to cut their reliance on China, which dominates production of the minerals needed for defence, the energy transition and manufacturing.The United States and the European Union last month agreed to deepen their coordination on critical minerals, such as lithium, cobalt and rare earths.

May 05, 2026 - 6:21 PM

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds

Nitrogen-focused fertilizer producers are set to report stronger quarterly earnings as a surge in prices, driven by Middle East gas disruptions, lifts margins, though the benefit may only start to fully show in coming quarters.Analysts expect nitrogen-focused producers such as CF Industries (NYSE: CF) and Nutrien (TSX: NTR), which make fertilizers derived from natural gas such as urea and urea-ammonium ‌nitrate, to outperform fertilizer peers with heavier exposure to potash and phosphate, including Mosaic (NYSE: MOS).

May 05, 2026 - 2:34 PM

France convenes G7 on critical minerals to curb China’s grip

France has called an online meeting of G7 countries for Thursday to discuss how to break China’s stranglehold on critical materials, Finance Minister Roland Lescure said, announcing plans to rebuild the industry in France.The online meeting with relevant ministers is intended to prepare for a mid-June summit of the G7 leaders in the French spa town of Evian, Lescure told reporters. He was speaking in Lacq, a town in southwestern France that is being primed to be the centre of the country’s rare earth processing activities.

May 05, 2026 - 2:28 PM

Australia's Regis to take over Vault, creating $7.7 billion gold producer

May 5 (Reuters) - Regis Resources (RRL.AX), will take ‌over smaller peer Vault Minerals (VAU.AX), to create Australia's third-largest listed gold producer valued at around A$10.7 billion ($7.67 billion).

May 05, 2026 - 7:59 AM

Asian Development Bank launches finance scheme for critical mineral supply chains

The Asian Development Bank (ADB) on Sunday launched a new financing scheme to help countries in Asia and the Pacific develop supply chains for critical minerals used in clean energy, batteries, electric vehicles and digital technology.The scheme will help Asian countries prepare projects and finance infrastructure for the processing, manufacturing and recycling of critical minerals, the ADB said in a statement.

May 04, 2026 - 3:30 PM

Australia, Japan strengthen critical minerals ties

Australia and Japan have beefed up their cooperation around critical minerals amid a state visit by Japan’s prime minister, with the countries providing A$1.67 billion ($1.20 billion) in support for the sector and flagging more to come.Australia and Japan will focus on strategic projects to address the most urgent supply chain vulnerabilities in mining, refining and manufacturing in the two countries, the Australian government said in a statement.

May 04, 2026 - 3:28 PM

Argentina mining exports to jump 49% in 2026, executive says

Argentina’s mining exports are forecast to jump 49% in 2026, reaching $9 billion, Roberto Cacciola, president of the Argentine Chamber of Mining Companies said.Cacciola said the estimate was conservative, adding that the value of the country’s mining exports could be more if current prices continue.Argentina exported $6.056 billion in mining exports in 2025, which represented a 30% increase from the previous year.

May 04, 2026 - 3:13 PM

Canada unveils C$1 billion loan program for tariff-impacted industries

The Canadian government announced on Monday a C$1 billion ($734.65 million) loan program for industries impacted by US tariffs.The program will be available to industries that manufacture and export products containing steel, aluminum or copper, Industry Minister Melanie Joly said.The measure is part of the government’s effort to bolster crucial manufacturing sectors after US President Donald Trump imposed tariffs on imports of steel, aluminum, automotive, lumber and copper products.

May 04, 2026 - 3:11 PM

Mining

Barrick contractor to exit Mali, lay off more than 600 people

Albemarle’s quarterly profit jumps on rising lithium prices

Tsingshan seeks LME listing for Indonesian aluminum

Mining resumes at Baowu-led Simandou site as workers end strike

Hong Kong bourse proposes to revive gold futures as volatility grips market

Jesuits in Britain consider divesting from Rio Tinto over environmental concerns

Kitco Mining Channel

Rio Tinto’s water use dries sacred waterhole, Aboriginal group says

Indonesia, Philippines to discuss nickel cooperation

G7 trade talks target critical minerals as US-EU tariff rift strains unity

Perth Mint’s April gold sales rise 6%, silver drops to eight-month low

Argentina sees lithium and copper exports at $32.7B in 10 years

G7 in talks to set up permanent unit to oversee critical minerals agenda

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds

France convenes G7 on critical minerals to curb China’s grip

Australia's Regis to take over Vault, creating $7.7 billion gold producer

Asian Development Bank launches finance scheme for critical mineral supply chains

Australia, Japan strengthen critical minerals ties

Argentina mining exports to jump 49% in 2026, executive says

Canada unveils C$1 billion loan program for tariff-impacted industries