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Kodal cites positive relationship with Mali govt as it awaits export permit
19th May 2025 By: Darren Parker

Mineral exploration and development company Kodal Minerals has criticised recent media reports for inaccurately suggesting that exports of spodumene concentrate from its flagship Bougouni lithium... 


Canyon shareholder to invest further $24.5m for bauxite project development
19th May 2025 By: Sabrina Jardim

ASX-listed Canyon Resources has received notice that a major shareholder Eagle Eye Asset Holdings (EEA) intends to exercise 350-million options, providing a $24.5-million investment in Canyon for... 


Tharisa mine
Tharisa warns of lower interim earnings
19th May 2025 By: Sabrina Jardim

South African- and London-listed Tharisa expects its basic earnings per share (EPS) for the six months ended March 31 to be between $0.02 and $0.03 a share. This is a decrease of 76.6% to 84.3%... 


An image showing the Longonjo mine
Main construction under way at Pensana’s Angola project
19th May 2025 By: Tasneem Bulbulia

London-listed Pensana announces that, following Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA)’s deployment of $25-million mine finance, main construction activities have begun on... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum jewellery, investment strong in China, platinum bar sales launched on TikTok
19th May 2025 By: Martin Creamer

A leading branded jewellery retailer in Beijing is including platinum investment bars in its offering amid platinum bar sales being launched on TikTok for the first time by a World Platinum... 


Lindian says Guinea projects unaffected by licence cancellations; Volt and Arrow in trading halt
Lindian says Guinea projects unaffected by licence cancellations; Volt and Arrow in trading halt
19th May 2025 By: Mariaan Webb

ASX-listed Lindian Resources on Monday confirmed that its bauxite assets in Guinea have not been impacted by the military government’s reported cancellation of 51 mining licences. The company said... 


Gold bars
Gold players keep faith despite trade truce-induced correction
19th May 2025 By: Reuters

Gold prices have fallen almost 10% from a record high just above $3 500/oz in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish... 


An image showing Hydrox's DEFT test unit
Hydrox nearing commercialisation of hydrogen technology, opportunities abound for saving curtailed energy
19th May 2025 By: Tasneem Bulbulia

Hydrogen technology company Hydrox Holdings is progressing the development of its pioneer Divergent-Electrode-Flow-Through (DEFT) hydrogen technology, a membrane-less electrolyser, with the company... 


daimonds
World Diamond Council applauds breakthrough on broader conflict diamond definition
16th May 2025 By: Darren Parker

The World Diamond Council (WDC) has praised the progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after what it said was “a successful week of open and... 


iron-ore
BMI expects iron-ore price to decline steadily over the next decade
16th May 2025 By: Marleny Arnoldi

Research agency BMI maintains that the iron-ore price will average $100/t this year, with expected subdued demand and weighed down prices as a result. Although iron-ore will remain supported by... 


Guinea repossess 51 mining licences, information minister says
16th May 2025 By: Reuters

Guinea's military government has taken back 51 mining licences as it steps up efforts to repossess claims or concessions where operations have either not been launched or where it says permits are... 


Transnet Train
Transnet is running out of cash, Moody’s warns
16th May 2025 By: Bloomberg

South Africa’s State-owned transport and logistics company, Transnet, will run out of money for operations and debt-servicing within three months unless it gets a government bailout, according to... 


Mogalakwena platinum mine.
Mining is key to strengthening domestic economy plus uplifting geopolitical status
16th May 2025 By: Martin Creamer

Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption.... 


An image of Neo Energy's Sean Heathcote
Neo Energy makes CEO, board changes as it advances South African uranium goals
16th May 2025 By: Tasneem Bulbulia

Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with... 


Green hydrogen, trade with US, cable theft make headlines
Green hydrogen, trade with US, cable theft make headlines
16th May 2025

Mining Weekly Editor Martin Creamer discusses the major green hydrogen advances being reported in China, but also California; Menar's warning that the US and South Africa face adversity if trade... 


Chinese gold miner Chifeng scours globe for takeover targets
Chinese gold miner Chifeng scours globe for takeover targets
16th May 2025 By: Bloomberg

A major Chinese gold producer is scouting for acquisition opportunities around the world, although the recent price volatility driven by global trade turmoil means it’s not rushing to secure... 


China export curbs propel tungsten to highest since 2013
16th May 2025 By: Reuters

European tungsten prices surged this month to their highest in more than a decade, as traders scrambled for supplies after China imposed export curbs and reduced quotas on the metal used in... 


Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
16th May 2025 By: Reuters

A Malian court hearing scheduled for Thursday on whether to put Barrick Mining's Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the... 


Guinea revokes 46 mining licences, signalling stricter oversight of major operators
15th May 2025 By: Reuters

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 


Kodal says Mali lithium exports blocked due to permit delays
15th May 2025 By: Reuters

Regulatory hurdles in Mali have left British miner Kodal Minerals unable to export more than 20,000 metric tons of lithium concentrate, its chief executive Bernard Aylward told Reuters. Kodal's... 


Syrah targets Balama graphite restart by end of June quarter
15th May 2025 By: Creamer Media Reporter

ASX-listed Syrah Resources is aiming to resume natural graphite production at its Balama operation in Mozambique before the end of the June 2025 quarter, following the restoration of site access... 


black sugar cane farmer woman
Rio Tinto to support development of 200 farmers in KwaZulu-Natal
15th May 2025 By: Darren Parker

Mining major Rio Tinto has entered into a two-year partnership with the Lima rural development foundation to improve the livelihoods of 200 farmers across ten traditional authority areas in... 


Eastplats Crocodile River mine underground
Eastplats records wider attributable loss as it develops underground operations
15th May 2025 By: Marleny Arnoldi

TSX-listed Eastern Platinum (Eastplats) has reported a 5.7% decrease in revenue to $14.8-million in the first quarter of the year, compared with revenue of $15.7-million having been reported in the... 


rare eaths
Pensana draws down first equity tranche funding from Angolan fund for Longonjo construction
15th May 2025 By: Marleny Arnoldi

After securing full financing of the Longonjo rare earths project, in Angola, London-listed Pensana has agreed the terms and timing for the deployment of the first $25-million equity tranche from... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


A train transporting iron-ore
South Africa's March mining production down 2.8% y/y on the back of lower PGMs, gold output
15th May 2025 By: Creamer Media Reporter

South Africa's mining production decreased by 2.8% year-on-year in March, with platinum group metals (PGMs) and gold having been the largest negative contributors and iron-ore the largest positive... 


Afrimat CEO Andries van Heerden
Afrimat reports lower operating profit but expects improvement going forward
15th May 2025 By: Darren Parker

Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the... 


100 MW Chisamba solar PV project in Zambia reaches financial close
15th May 2025 By: Schalk Burger

The grid-connected 100 MW Chisamba solar PV project, in Zambia, has secured $71.5-million from financial services firm Stanbic Bank Zambia, with financing anchored by a 13-year power purchase... 


Resources Watch
Resources Watch
15th May 2025

This week: Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz; Eskom aims to smooth maintenance profile after difficult summer; and the good gold price is providing much... 


A palladium bar
Palladium market seen moving to balance after years of deficit, says Johnson Matthey
15th May 2025 By: Reuters

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 


Copper smelting
JP Morgan forecasts rise in copper, aluminium prices in second half of year
15th May 2025 By: Reuters

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 


Cobalt processing in the DRC
China has ample cobalt despite Congo ban, conference delegates say
15th May 2025 By: Reuters

Chinese cobalt smelters have ample supplies of the battery-making material despite the export ban imposed by the world's top producer, the Democratic Republic of Congo, in late February, delegates... 


Barrick's Loulo operation in Mali
Judge to hear Mali's request to reopen Barrick mine under new management, official says
15th May 2025 By: Reuters

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 


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