Lithium market to enter deficit until 2035: Canaccord
The global lithium market is set to enter a near-decade-long deficit as a lack of mine investment weighs on supply of the electric vehicle battery metal, according to investment bank…
Australia, NZ & South Pacific
BHP now expects nearly 2M tonnes copper production after record Escondida throughput
BHP (NYSE, LSE, ASX: BHP) reinforced confidence in its fiscal 2026 outlook on Wednesday, with solid copper and iron ore performance underpinning expectations that production targets will be met. In…
Gold price extends drop amid US-Iran uncertainty
Gold prices extended declines on Tuesday, as investors remained cautious over United States-Iran negotiations to end the near-two-month war that has intensified global inflation concerns. Spot gold fell more than…
Rio Tinto copper surge offsets iron ore disruption
Rio Tinto (ASX, LSE: RIO), the world’s second-largest miner, reported stronger first-quarter output as copper gains from its Mongolia copper mine offset weather-driven iron ore disruptions and mounting geopolitical risks….
Hancock, Rio Tinto ordered to pay Hope Downs royalties to ex-partners
Australian billionaire Gina Rinehart’s Hancock Prospecting and partner Rio Tinto (LSE, NYSE, ASX: RIO) must pay millions of dollars in past and future royalties after a court sided with the…
Newmont halts Cadia gold mine after earthquake
Shares in Newmont (TSX: NGT; NYSE: NEM), the largest gold miner, fell nearly 5% in New York by mid-Wednesday after the company suspended underground operations at its Cadia mine in…
Iran war, Indonesia curbs to support nickel price: report
War in Iran and output caps in Indonesia are expected to support nickel prices in 2026, though a persistent global oversupply will continue to limit gains, according to a new…
M&A: $2.4B Aus coal deal sees Yancoal buy Kestrel mine
Yancoal expands in Queensland with Kestrel buy, boosting scale and premium metallurgical coal output.
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global supply chains, hobbling copper producers…
Chalice taps Cutifani’s firm for Aus palladium push
Chalice Mining (ASX: CHN) has appointed Odin Partnership, founded by former Anglo American (LSE: AAL) chief Mark Cutifani, as a strategic adviser to advance its Gonneville palladium-nickel-copper project in Western…
Paladin targets 2027 uranium decision on Patterson Lake South
Australia’s Paladin Energy (ASX, TSX: PDN) expects making a final investment decision on its Patterson Lake South (PLS) uranium project in Saskatchewan by the end of 2027 as the company…
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…