Axis sues Guinea for $29B over bauxite permit revocation
The UAE-based miner says Guinea unlawfully revoked its licence and seized assets as the military government tightens control of mining.
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Diamond crash 2025: market slump met tech pressure
The diamond industry is now shifting from growth to triage, with survival tied less to geology and more to branding.
Guinea’s military leader set to extend rule amid mining boom
Mamadi Doumbouya faced a fragmented opposition, with none of the eight contenders seriously threatening his first-round win.
How a reclusive ex-Glencore trader became Indonesia’s nickel king
Arif Kurniawan has gone from earning paychecks at Glencore to controlling approximately a third of his country’s domestic trade in nickel ore.
Zimbabwe to continue mineral purchases in 2026, central bank governor says
The central bank has aggressively pursued a foreign currency accumulation strategy through mandatory mining royalties, outright gold purchases and leveraging on the rally in gold.
Codelco, SQM seal lithium venture in Chile’s Atacama desert
NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060.
China pledges to control steel output during 2026-2030 period
In the first 11 months of 2025, China's crude steel output fell 4% from a year earlier.
Precious metals craze prompts China fund to turn away investors
UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn.
Nornickel believes 2026 will bring dividends, CEO says
Nornickel did not pay full-year dividends for 2022, 2023 and 2024.
