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Africa

Koryx announces C$10m bought deal financing to advance Haib project
Updated 13 minutes ago By: Darren Parker

TSX-V-listed Koryx Copper has entered into an agreement with Stifel Nicolaus Canada to act as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters. Under the terms of the... 


Jubilee appoints Shard Capital as joint broker; South African asset sale continues
Updated 1 hour 11 minutes ago By: Darren Parker

Diversified metals producer Jubilee Metals Group has announced the appointment of Shard Capital Partners as its joint broker with immediate effect. The firm replaces RBC Capital Markets as joint... 


HCK project area, In Rwanda
Aterian confirms lithium intercepts in Rwanda; Rio Tinto increases project stake
Updated 1 hour 14 minutes ago By: Marleny Arnoldi

London-listed critical minerals developer Aterian has reported positive results from an initial drilling campaign undertaken on the HCK project, in Rwanda. The company, together with joint... 


The Zimbabwe flag and gold bars
Zimbabwe forex rule costs gold miners amid price rally
Updated 2 hours 42 minutes ago By: Reuters

Soaring prices are driving Zimbabwe's gold output and income, but the government's foreign currency retention rules are eating into producers' earnings, the country's mining industry body said. The... 


Copper squeeze unravels with window closing to beat Trump tariff
9th July 2025 By: Bloomberg

An acute copper supply squeeze is coming to an abrupt end as President Donald Trump’s plan to soon slap a 50% tariff on the metal narrows the window to profit from surging US prices. Key spreads on... 


Oriole announces maiden Jorc exploration target for Mbe
9th July 2025 By: Sabrina Jardim

Aim-listed Oriole Resources has published a maiden Joint Ore Reserves Committee-compliant exploration target for its 90%-owned Mbe orogenic gold project, in Cameroon. Independent consultant Forge... 


DVU
JAE, Ferrit launch heavy-duty multipurpose utility vehicle for underground mining
9th July 2025 By: Darren Parker

Local original-equipment manufacturer (OEM) JA Engineering (JAE) has, in partnership with Czech Republic's OEM Ferrit, launched a new heavy-duty utility vehicle to, among other purposes, enable the... 


US President Donald Trump
Trump to host African leaders offering major mining ventures
9th July 2025 By: Bloomberg

US President Donald Trump is scheduled this week to meet the leaders of five African nations that will potentially offer American businesses opportunities in critical minerals and other natural... 


Emirates Global Aluminium says Guinea wrongfully terminated deal
9th July 2025 By: Reuters

Emirates Global Aluminium said on Wednesday that the Guinean government had wrongfully terminated an agreement with its subsidiary, Guinea Alumina Corporation, after a year-long dispute over the... 


South Africa’s Shanghai Consul General Phuti Tsipa.
South Africa’s platinum metals, China’s green revolution merging strongly in Shanghai
9th July 2025 By: Martin Creamer

South Africa’s platinum group metals (PGMs) and China’s green revolution have come together strongly in Shanghai at a hugely opportune time of changing global trading relationships and energy... 


Arkle granted a third lithium prospecting licence in Botswana
9th July 2025 By: Sabrina Jardim

Aim-listed Arkle Resources has been awarded a prospecting licence in the Makgadikgadi Salt Pans, in north-eastern Botswana, which the company aims to use to discover lithium in the brines. The... 


Vik Bansal
Orica appoints Vik Bansal chairperson elect
9th July 2025 By: Creamer Media Reporter

ASX-listed mining and infrastructure solutions provider Orica has appointed Vik Bansal nonexecutive director, with effect from August 15, and chairperson elect. He will succeed outgoing chairperson... 


The Sanbrado mine
West African maintains full-year production guidance for Sanbrado, Kiaka
9th July 2025 By: Creamer Media Reporter

ASX-listed unhedged gold miner West African Resources has confirmed that its Sanbrado mine, in Burkina Faso, is on track to achieve full-year production of between 190 000 oz and 210 000 oz, while... 


An image depicting a platinum ring
Global platinum jewellery market rebounds amid surging demand in China, resilience in key markets
9th July 2025 By: Sabrina Jardim

Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared findings from... 


The Tharisa mine
Tharisa lowers full-year production guidance despite rise in third-quarter PGM, chrome output
9th July 2025 By: Creamer Media Reporter

Johannesburg- and London-listed mining and metals company Tharisa has reported a 6.2% quarter-on-quarter increase in platinum group metal (PGM) production to 34 500 oz and a 3.9% quarter-on-quarter... 


A gold nugget produced in Ghana
Ghana launches task force to curb gold smuggling losses
9th July 2025 By: Reuters

Ghana President John Dramani Mahama on Tuesday launched a task force backed by security forces to address illegal gold trading, as Africa's top producer seeks to recover billions of dollars lost to... 


Liberia and Ivanhoe Atlantic sign $1.8bn deal for railway
9th July 2025 By: Bloomberg

Liberia and Ivanhoe Atlantic Inc. have signed a $1.8-billion agreement that’ll allow the US mining company to rehabilitate and use the country’s railway infrastructure to transport iron ore from... 


 The Lac des Iles mine
Impala Platinum to close Canada palladium mine
9th July 2025 By: Bloomberg

Low palladium prices are forcing Impala Platinum Holdings to shut down its mine in Canada, putting 750 jobs at risk. The Lac des Iles mine is about 1 500 km northwest of Toronto. Impala Canada... 


Copper smelting
Trafigura prepays $200m to snap up Ivanhoe’s Congo copper
8th July 2025 By: Bloomberg

Trafigura Group agreed to pay $200-million for copper anodes from an Ivanhoe Mines smelter in the Democratic Republic of Congo that’s due to start up in September. Trafigura signed the prepayment... 


An image depicting gold bars
Physically-backed gold ETF inflows reached $38bn for the first half
8th July 2025 By: Sabrina Jardim

The World Gold Council (WGC) has reported that global physically-backed gold exchange-traded funds (ETFs) saw inflows of $38-billion during the first half of this year, marking the strongest... 


High-grade intercepts confirm potential at Mumbezhi copper project
8th July 2025 By: Darren Parker

ASX-listed Prospect Resources has noted that Phase 2 diamond drilling at the Nyungu Central deposit at the Mumbezhi copper project, in north-west Zambia, has provided validation of the wider... 


Ivanhoe founder and co-chairperson Robert Friedland
Ivanhoe reports 11% y/y increase in copper production at Kamoa-Kukula
8th July 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines has reported that Phase 1, 2 and 3 concentrators at its Kamoa-Kakula complex, in the Democratic Republic of Congo (DRC), milled a total 3.62-million tonnes of ore,... 


Gold bars
Mali plans to sell gold reserves at Barrick complex to fund operations
8th July 2025 By: Reuters

-The Malian court-appointed administrator of Barrick Mining's Loulo-Gounkoto complex plans to sell one metric ton of gold from the site's storeroom as operations commence again after an almost... 


Askari acquires advanced brownfield gold project in Ethiopia
8th July 2025 By: Sabrina Jardim

ASX-listed Askari Metals has entered into an agreement to acquire the advanced Nejo gold project, in Ethiopia, through the acquisition of 100% of the issued  capital of Hong Kong-based Xingxu... 


Further drilling reveals improved copper grades at Haib – Koryx
8th July 2025 By: Darren Parker

TSX-V-listed Koryx Copper has completed a further six diamond drill holes for 1 808 m out of a planned 37 holes as part of the Phase 2 drill programme for its 2025 exploration and project... 


Tertiary Minerals to embark on another drill programme at Mushima North
8th July 2025 By: Sabrina Jardim

Aim-listed Tertiary Minerals will embark on a drill programme of up to 1 500 m of air core (AC) and reverse circulation (RC) drilling at Target A1 of the Mushima North project, in Zambia. The drill... 


gold and silver ingots
Central banks support gold; silver ETFs surge; platinum faces cost and trade challenges – report
8th July 2025 By: Darren Parker

Central banks continue to underpin gold demand, while investors are seeing value in silver as well, precious metals trader Heraeus said in its latest precious metals appraisal published on July 7.... 


Orion chairperson Denis Waddell
Orion raises funds to advance Prieska, Okiep development
8th July 2025 By: Sabrina Jardim

Australia- and Johannesburg-listed Orion Minerals has secured firm commitments for a placement of new fully paid ordinary shares to sophisticated and professional investors and loan conversions for... 


Nornickel's Palladium Center Head Dmitry Izotov.
South Africa’s palladium can cut South Africa’s water treatment costs, researchers show
8th July 2025 By: Martin Creamer

The message Nornickel's Palladium Center head Dmitry Izotov communicated strongly at South Africa’s PGM Industry Day in Johannesburg in April was that research is pointing to a long list of... 


Blencowe receives additional $750 000 tranche towards Orom-Cross development
8th July 2025 By: Darren Parker

London-listed Blencowe Resources has received a further $750 000 tranche of grant funding from the US International Development Finance Corporation (DFC), bringing total funds received under the... 


A coal-fired power station
Banks plough billions into coal ‘as if Glasgow never happened’
8th July 2025 By: Bloomberg

Global banks channeled more than $385-billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.... 


Copper ore
Third of chip production could face copper supply disruptions by 2035, PwC report says
8th July 2025 By: Reuters

Some 32% of global semiconductor production could face climate change related copper supply disruptions by 2035, quadrupling from today's levels, advisory firm PricewaterhouseCoopers (PwC) said in... 


President Cyril Ramaphosa and President Donald Trump talk during what was a hostile Oval Office meeting on May 21
South Africa will continue to pursue trade deal with US despite Trump’s letter confirming 30% tariff
8th July 2025 By: Terence Creamer

President Cyril Ramaphosa says South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the US after having received a letter... 


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