Glencore on Track to Record Over $5 Billion in Trading Profit in 2026

Glencore on Track to Record Over $5 Billion in Trading Profit in 2026

Glencore has forecast that its commodity trading division's profit will exceed $5 billion in 2026; a performance that, according to the company, has been driven above all by upheavals in oil, refined products, gas, and shipping markets, and could mark one of the best results in Glencore's history.
CEO of National Copper Company Visits Sarcheshmeh Copper Complex Concentration Plant

CEO of National Copper Company Visits Sarcheshmeh Copper Complex Concentration Plant

Seyed Mostafa Feyz, CEO of the National Iranian Copper Industries Company, visited the concentration plant of the Sarcheshmeh Copper Complex on Saturday, October 3, 2026.
Osmond Resources study confirms potential for EU’s first rare earths, zircon, titanium mine

Osmond Resources study confirms potential for EU’s first rare earths, zircon, titanium mine

Osmond Resources has published a scoping study advancing the case for the EU's first rare earths, zircon and titanium mine.
Glencore, Peabody and Heeney Capital weigh Venezuela coal deals

Glencore, Peabody and Heeney Capital weigh Venezuela coal deals

Glencore, Peabody Energy and investment firm Heeney Capital are weighing deals to produce coal in Venezuela, Bloomberg News reported on Wednesday.
US senators hit deal on energy project permitting bill, vote after midterm elections

US senators hit deal on energy project permitting bill, vote after midterm elections

US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections.
Exxon veteran Liam Mallon joins TMC board ahead of seabed mining push

Exxon veteran Liam Mallon joins TMC board ahead of seabed mining push

The Metals Company said on Tuesday it has appointed former ExxonMobil upstream chief Liam Mallon to its board as the company advances plans to begin commercial recovery of polymetallic nodules in international waters under a US seabed mining framework.
Black Canyon confirms Australia’s next major greenfield manganese resource

Black Canyon confirms Australia’s next major greenfield manganese resource

Black Canyon has positioned the Wandanya deposit, in Western Australia, among the most significant recent greenfield manganese discoveries in the country with a maiden mineral resource estimate (MRE) of 23.6-million tonnes grading 25.8%.
Canada energy regulator approves Trans Mountain tolls settlement

Canada energy regulator approves Trans Mountain tolls settlement

The Canada Energy Regulator on Monday approved Trans Mountain's negotiated tolls settlement, finding the tolls just and reasonable and setting a new framework for tariffs and transportation services on the pipeline system.
Brightstar grows Sandstone mineral resource to 3.6-million ounces

Brightstar grows Sandstone mineral resource to 3.6-million ounces

Brightstar Resources has doubled its Two Mile Hill-Shillington mineral resource estimate (MRE) to 1.45-million ounces, with indicated resources having increased in particular by 177% to 526 000 oz.
Barrick Mining reaches deal with unions at Mali gold mine

Barrick Mining reaches deal with unions at Mali gold mine

Canada's Barrick Mining has signed a new collective bargaining agreement with unions representing workers at its Loulo-Gounkoto gold mine in western Mali, a company spokesperson and a union official said on Sunday, easing the threat of a strike.