South Africa expands coal mine to feed power station for years Exxaro signed a contract last month with state-owned utility Eskom to supply more than 9 million tons of coal annually to its Matla plant. Bloomberg News | May 15, 2026 | 9:56 am
Trump leaves Beijing with no rare earth deal confirmed Rare earths had emerged as one of the most closely watched topics of Trump's two-day summit in China. Staff Writer | May 15, 2026 | 9:25 am
Gold price falls back to $4,500 on heightened inflation fears The market is now pricing in a more than 50% chance of a rate hike next January, according to Kalshi. Staff Writer | May 15, 2026 | 8:21 am
Honda halts $11B Ontario plant amid losses The site was designed to produce as many as 240,000 vehicles a year by the end of the decade. Blair McBride | May 15, 2026 | 7:49 am
Rwanda’s Trinity Metals targets $200M US listing to boost tin, tungsten output The company expects to invest about $150 million over the next three years in processing plants across its mines. Reuters | May 15, 2026 | 7:39 am
Pentagon’s ‘Deal Team Six’ aims to challenge China’s grip on rare earth power The aggressive dealmaking drive is a departure from the past decade. Bloomberg News | May 15, 2026 | 7:33 am
MMG bemoans Congo cobalt curbs that threaten investment The quota has posed challenges for MMG and makes its cobalt production “economically unviable,” GM of its Kinsevere operations says. Bloomberg News | May 15, 2026 | 7:24 am
Foreign buyers fuel illegal mineral trade in Nigeria, watchdogs warn Foreign buyers exert disproportionate influence over pricing, purchasing arrangements and export channels, the report alleged. Reuters | May 15, 2026 | 7:16 am
Zambia state investment firm keen to boost stakes in mines, CEO says ZCCM-IH has interests from as low as 10% in several mines, including those owned by China Nonferrous, First Quantum and Vedanta. Reuters | May 15, 2026 | 7:11 am