Today’s Top News
Today’s Top News
Key mining news, market moves and developments from Australia, Canada, the US, UK and across the globe.
Published 3 Nov 2026 · 15 storiesClear filter
Tuesday 3 November 2026
- US Strategy Links Myanmar Peace Efforts With Rare-Earth AccessA State Department strategy for the US mission in Myanmar, approved 31 August and published 16 October, ties peace diplomacy to opportunities to access the country's rare-earth deposits. It targets a ceasefire leading to a lasting peace agreement by 2030, at least three multistakeholder forums on fiscal federalism and…
- Sigma Lithium Upsizes and Prices Convertible BondsSigma Lithium (SGML) priced US$125 million of senior unsecured convertible bonds due 2031 at a fixed 7.00% coupon, upsized 25% from US$100 million. Proceeds are earmarked to repay the Synergy Capital secured debt in full, which carries a floating 11.45% rate and matures in June 2027. The bonds convert at US$6.51, a…
- Ero Copper Reports Third-Quarter ResultsEro Copper (ERO) produced 18,345 tonnes of copper in concentrate at C1 cash costs of US$2.51 per pound, with record adjusted EBITDA of US$200.6 million and net income of US$116.2 million attributable to owners. Net debt fell about US$100 million in the quarter to US$353.5 million, taking leverage to 0.5x from 1.2x at…
- Power Minerals Secures AUD 5 Million Cornerstone CommitmentCritical Metals Corp (CRML), through its Australian subsidiary European Lithium (EUR), will invest A$5.0 million in Power Minerals (PNN) through an at-market placement of 35,714,286 shares at A$0.14, taking it to about 8%. The placement includes 17,857,143 unlisted options exercisable at A$0.18 over three years…
- Jaguar Reports Permit Denial in BrazilMinas Gerais's state environmental authority denied the combined Preliminary and Installation Licence for Jaguar Mining's (JAG) Onças de Pitangui underground gold project on 30 October, following a technical opinion on 29 October. The decision cites insufficient technical data and says viability is not demonstrated at…
- Chinese Firms Claim Copper-Cobalt and Tailings AdvancesA Chinese government-owned researcher said it has developed a copper-cobalt smelting technology for processing low-grade ores, while another state-backed firm has unveiled a new tailings development. Kunming Engineering & Research Institute of Nonferrous Metallurgy, a Yunnan-based engineering company, said firms are…
- China's Lithium Carbonate Production Forecast to Rise 3.5% in NovemberMysteel's survey has China's November lithium carbonate production schedules at 121,800 tonnes, up 3.5% month on month, after October output of 117,700 tonnes, up 2.7%. Some Qinghai producers have cut schedules substantially for maintenance or weather, offset by spodumene lines lifting capacity utilisation on ample…
- $712 Billion Wiped Off World's Biggest Mining Companies Since Start of Iran WarThe MINING.COM TOP 50 lost $226 billion in October, a 10% fall following September's $264 billion loss, leaving it $712 billion or 26% below its $2.75 trillion record from the end of February. Hotter US inflation data hardened bets on another Fed rate hike, oil rose on the Middle East conflict and a late-month tech…
- Pecoy Copper Announces C$49.8 Million Strategic Financing Led by Hudbay MineralsHudbay Minerals and a second strategic investor will subscribe for about C$30.1 million and C$19.7 million respectively at C$2.02 a share, a 10% premium to the 10-day VWAP, each taking about 9.99%. Hudbay gains participation rights and the right to nominate a director. Proceeds fund drilling and an updated resource…
- West Red Lake Gold Signs US$95 Million Credit Facility and Gold Offtake Agreement With CentalionWest Red Lake Gold has signed a binding term sheet with Gunvor USA, a Centalion subsidiary, for up to US$95 million: a US$65 million first tranche and a conditional US$30 million second tranche earmarked as potential Rowan development capital. The five-year facility at SOFR plus 5.50% refinances the Nebari debt and…
- China Reports Sharp Rise in Gold, Nickel, and Rhenium ResourcesA year-long reassessment of 17 strategic minerals across more than 1,800 mines has lifted China's retained resources of 13 of them, according to Ministry of Natural Resources data reported by Xinhua. Rhenium more than doubled, while gold rose by the equivalent of 50 large deposits and nickel by 30. The gains come from…
- Under the Hood of the Energy TransitionBenchmark Mineral Intelligence reported 2.15 million EVs sold globally in September, up 17% month-on-month but down 2% year-on-year, with Europe and the UK posting a record of nearly 600,000. North America fell 44% year-on-year against a 2025 base inflated by the tax-credit rush, and China fell 18%. Benchmark's Adam…
- Sigma Lithium Announces US$100 Million 5-Year Inaugural Convertible Bond Offering; Lowering Financing Costs, Extending Debt MaturitySigma Lithium is offering US$100 million of five-year senior unsecured convertible bonds at a fixed 7.00% coupon, convertible at a 25% premium, to repay its Synergy Capital secured debt in full. That debt carries a floating rate of SOFR plus 6.95% and matures in June 2027. Closing is expected around 16 November, with…
- Copper Rises on Weaker Dollar and Downgrade to Chile Production OutlookLME three-month copper rose 0.7% to $14,251 a tonne in Monday trade on a weaker dollar, lower oil and Cochilco's sharp cut to Chile's 2026 production forecast. LME inventories climbed to 293,775 tonnes, the highest since mid-July, after 20,500 tonnes were delivered in New Orleans. Investors stayed cautious ahead of…
- Indonesia January-September Coal Export Volume Down 10.58% Annually, Government Data ShowsIndonesia exported 255.05 million tonnes of coal from January to September, down 10.58% on the same period last year, statistics bureau data showed. The value of shipments rose 4.86% to $18.81 billion. The customs-based figures may differ from Energy and Mineral Resources Ministry data, which draws on reports from…
