South African coal and iron ore exporters aim to sign agreements with state-owned logistics company Transnet SOC Ltd. next month that could pave the way for them to spend billions of rand to help fix crucial rail lines and boost shipments.
Russia's coal industry is facing a deep crisis, as mines grapple with the threat of bankruptcy and a sharp decline in global prices.
The sun had just barely broken over the horizon when Benildo Rodrigues took off that morning. His single-propeller Cessna plane was loaded with more than 100 pounds of gold that had been extracted from deep inside the Amazon. The haul, worth more than $4 million at today’s prices, had been pulled out of the rainforest illegally.
Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the US on concerns that President Donald Trump soon will reimpose duties.
Rio Tinto warned on Friday that its first-quarter shipments could be affected by disruptions to its rail operations following record rainfall along Western Australia’s Pilbara coastline due to tropical cyclone Sean.
Westgold Resources has reported record gold production of 80,886 ounces in the second quarter (Q2) of the 2024-2025 financial year (FY25), while Regis Resources is debt free in the first time in 15 years.
Alcoa will likely send its Australian output to the US if the United States imposes tariff on Canadian imports, the aluminum producer’s CEO William Oplinger said on Thursday.
Cyclic Materials, which aims to create a circular supply chain for rare earth elements (REEs), said on Thursday it has secured $2 million from InMotion Ventures, the investment arm of Jaguar Land Rover.
Fortuna Mining reported earlier this week its fourth quarter and full year 2024 results from its five operating mines abroad.
Indonesia’s parliament proposed on Thursday to revise the country’s mining law to help the government accelerate development of its mineral processing industry and to regulate mining permits for religious groups and for universities.