Mining

Gold miners are still cheap as record prices revive investor interest, says GOLDX’s Mancini teaser image

Gold miners are still cheap as record prices revive investor interest, says GOLDX’s Mancini

(Kitco News) - After a dismal few years for the mining sector, investor attention is returning to the market as gold and silver continue to set record highs, and with momentum showing no signs of abating.

Oct 15, 2025 - 11:59 AM

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure teaser image

Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure

Codelco hikes 2026 European copper premium to record $345 a tonne teaser image

Codelco hikes 2026 European copper premium to record $345 a tonne

Brazil eyes financial guarantees, tax breaks for strategic minerals teaser image

Brazil eyes financial guarantees, tax breaks for strategic minerals

Indonesia president sees country’s tin output back to normal in 2026 teaser image

Indonesia president sees country’s tin output back to normal in 2026

Oct 15, 2025 - 2:47 PM

Botswana’s ODC sets first contract diamond sales for November teaser image

Botswana’s ODC sets first contract diamond sales for November

Oct 15, 2025 - 2:44 PM

US judge set to approve Rio Tinto’s $138.75M Mongolia mine settlement

A US judge on Wednesday said he was ready to approve Rio Tinto’s agreement to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia.Rio Tinto had reached a preliminary settlement with shareholders of the former Montreal-based Turquoise Hill Resources in June, pending approval from Manhattan-based US District Judge Lewis Liman.

Oct 15, 2025 - 2:28 PM

Namibia central bank chief calls for diamond royalty relief extension

Namibia’s central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn, marked by falling demand and a supply glut.The rising popularity of lab-grown diamonds and a shift away from the precious stone among younger consumers are also weighing on rough diamond prices.In 2021, Namibia cut its royalty rate from 10% to 5% until 2025 to help Namdeb, a joint venture between De Beers and the Namibian government, extend its land-based operations to 2042.

Oct 15, 2025 - 2:14 PM

Japan, Spain and South Korea warn over unsustainable copper processing fees

Japan, Spain and South Korea issued a rare joint statement on Wednesday expressing deep concerns over tumbling copper treatment and refining charges (TC/RCs), warning both smelters and miners cannot develop sustainably under current conditions.Copper smelters worldwide are grappling with falling processing fees and shrinking margins amid tight concentrate supply and expanding smelting capacity in China. In June, some Chinese smelters agreed to process copper for Chilean miner Antofagasta at no charge.

Oct 15, 2025 - 1:57 PM

Value of Argentina’s mining exports up about 33% in first nine months of 2025 teaser image

Value of Argentina’s mining exports up about 33% in first nine months of 2025

Argentina’s mining exports reached $4.21 billion in total value in the first nine months of 2025, an increase of 32.9% compared to the same period last year, the South American country’s mining secretariat reported on Monday.The figures mark a historic record for foreign sales from the national mining industry for the first nine months of a year, it added.The secretariat credited the jump in export value in part to “outstanding” international prices for metals like gold and silver.

Oct 14, 2025 - 3:30 PM

Rio Tinto says strong year-end iron ore push needed as China demand surges teaser image

Rio Tinto says strong year-end iron ore push needed as China demand surges

Rio Tinto said on Tuesday it needs a strong year-end finish to meet its iron ore shipment target, even as Chinese demand gathered pace as global economies front-loaded investment ahead of looming tariffs.Iron ore prices have surged to their highest levels since February, driven by targeted infrastructure stimulus in China that boosted steel production, Rio said, with China’s iron ore imports hitting a record high in September.

Oct 14, 2025 - 3:28 PM

Titan Mining to produce graphite concentrate at New York facility teaser image

Titan Mining to produce graphite concentrate at New York facility

Titan Mining said on Tuesday it will begin production of graphite concentrate at its Empire State Mines in New York, days after China expanded export limits on rare earth minerals.The Canadian miner is targeting ramp-up to a 40,000-tonne-per-year commercial graphite facility, which the company said would be capable of supplying about half of current US natural graphite demand.“China’s decision to tighten graphite exports underscores the importance of having a secure domestic supply of natural graphite,” said Titan CEO Rita Adiani.

Oct 14, 2025 - 3:26 PM

Supply problems may force Freeport Indonesia to halt Manyar smelter teaser image

Supply problems may force Freeport Indonesia to halt Manyar smelter

Freeport Indonesia may be forced to suspend operations at its Manyar smelter at the end of October due to a lack of copper concentrate following a mud-flow incident at its Grasberg mine, media outlet Kontan reported on Tuesday, citing an energy ministry official.Freeport Indonesia did not immediately respond to a request for comment.Tri Winarno, an official at the country’s mining ministry, estimated that copper concentrate supplies from Grasberg would only be sufficient until the end of this month, Kontan reported.

Oct 14, 2025 - 3:24 PM

Aurubis held talks with US on support for new smelter, CEO says teaser image

Aurubis held talks with US on support for new smelter, CEO says

Germany’s Aurubis has held preliminary talks with the US government about support for a new copper smelter in the United States following the launch of a recycling plant there, its CEO said on Tuesday.A new smelter is one of three options Europe’s biggest copper producer is considering to take advantage of a US drive to boost domestic output of the metal, after President Donald Trump in July announced a 50% tariff on copper products but left out ores, concentrates and cathodes.

Oct 14, 2025 - 3:20 PM

EU seeks US alliance to counter China rare earth crackdown teaser image

EU seeks US alliance to counter China rare earth crackdown

The European Union is seeking to coordinate with the United States and other G7 partners a response to tighter Chinese controls on the export of rare earth minerals, trade ministers and officials from the bloc said on Tuesday.China, the world’s largest rare earth producer, dramatically expanded controls last week, adding new elements, refining technology and extra scrutiny for semiconductor users ahead of planned talks between Presidents Donald Trump and Xi Jinping.

Oct 14, 2025 - 3:19 PM

China’s rare earth curbs put Europe’s auto industry at risk, Italian lobby says teaser image

China’s rare earth curbs put Europe’s auto industry at risk, Italian lobby says

Expected new Chinese curbs on rare earth metal exports could have a significant impact on the European auto industry, the head of Italian auto part maker lobby ANFIA said on Tuesday, as reserves of those materials are low.Despite an agreement in July aimed at fast-tracking shipments to Europe, China has maintained tight control over rare earth exports and last week announced expanded curbs.The country refines and processes the vast majority of the world’s rare earths that are essential for industries including semiconductors, defence, and automotive manufacturing.

Oct 14, 2025 - 3:18 PM

EU’s Ukraine funding plan could further boost central bank gold buying, analysts say teaser image

EU’s Ukraine funding plan could further boost central bank gold buying, analysts say

The European Commission’s proposal to tap frozen Russian state assets for financial aid to Ukraine is rattling some central banks, which could further accelerate gold purchases for storage outside Western jurisdictions, analysts say.The Commission’s plan would allow EU governments to use up to 185 billion euros ($214 billion) of Russian sovereign assets currently frozen in Europe without confiscating them – a red line for many countries and the European Central Bank.

Oct 14, 2025 - 3:14 PM

Miners drag London stocks lower as US-China trade tensions sap sentiment teaser image

Miners drag London stocks lower as US-China trade tensions sap sentiment

Oct 14 (Reuters) - London stocks fell on Tuesday, led by declines in miners, as investors fretted over the economic fallout from mounting U.S.-China trade tensions.The blue-chip FTSE 100 (.FTSE), was down 0.44%, as of 1055 GMT, and domestically focused FTSE 250 (.FTMC), fell 0.6%.Both indexes rose on Monday after U.S. President Trump struck a more conciliatory tone, posting that "it will all be fine" and that the U.S. had no intention to "hurt" China.

Oct 14, 2025 - 9:45 AM

Argentina mining investment on pause as midterm elections loom teaser image

Argentina mining investment on pause as midterm elections loom

Political uncertainty ahead of Argentina’s October midterm elections is holding back investment decisions in the mining sector, the country’s main industry group said on Thursday, warning that instability and unclear policy signals are delaying project development.“No one is going to make any decisions these days. That’s crystal clear,” said Roberto Cacciola, president of the Argentine Chamber of Mining Companies (CAEM), in a meeting with journalists.

Oct 09, 2025 - 6:15 PM

Flagship Gold signs deal to revive Mali’s Morila mine teaser image

Flagship Gold signs deal to revive Mali’s Morila mine

New York-based Flagship Gold Corp has signed a partnership agreement with Mali’s state-owned miner to restart production at the Morila gold mine, the first US investment under the military-led nation’s new mining code, Mali’s government said.The agreement, signed Wednesday in Bamako, allows Flagship to acquire equity in Morila SA, which holds estimated reserves of 2.5 million ounces, Mali’s mines ministry said in a statement. Details of the partnership were not announced.

Oct 09, 2025 - 6:13 PM