Category: Latest Mining News

Indonesia is proposing hiking royalties paid by miners in a bid to bolster public finances that are being strained by President Prabowo Subianto’s spending plans.

Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) has announced a $250 million strategic investment from Orion Resource Partners LP to support the development and construction of Phase 1 of the Thacker Pass lithium project in the state of Nevada.

Mercuria Energy Group Ltd. and Glencore Plc renewed a deal to buy copper from the Democratic Republic of Congo’s state miner, responding to a push by the company to sell its share of output from joint ventures independently.

Mining exploration started 2025 on a strong note, as most key metrics tracked by S&P Global including significant drill results, initial resource announcements and project milestones all saw upticks in January compared to December 2024.

Nickel producer PT Merdeka Battery Materials has obtained a $1.4 billion loan to fund the construction of a plant located on Sulawesi island, according to a company statement.

Gold Rim Exploration Inc., a Canadian based precious metals mining and exploration company, is pleased to report recent results from its multi-phase infill and resource expansion drilling program at their Cambridge Bay Project in Nunavut, Canada. The results published so far are focused on the Dodgeball and Meadowside areas at the site which are located at the north west tip of the project.

One of the biggest nickel smelters in Indonesia has slashed production and is close to shutting down completely, just months after the collapse of its Chinese parent company.

The Chinese government is getting serious about constraining the blind expansion of copper smelters, although its new policy is likely to pause rather than stop development.

A stellar rally that has lifted global gold prices to all-time highs has cast a shadow on jewellery purchases for India’s wedding season, while dealers in China offered discounts to lure buyers.

Anglo American (LON: AAL) expects its De Beers diamond business to record another impairment this year amid declining sales.

Aluminum is expected to be the top performer among the London Metal Exchange (LME) base metals pack in 2025, with analysts forecasting a supply shortfall of the light metal this year.

Tanzania signed a $2.15 billion deal with two Chinese firms to construct a railway linking its main port of Dar es Salaam to a nickel mine in neighboring Burundi.