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Glencore loses senior aluminum traders to rivals Vitol, Mercuria
Glencore loses senior aluminum traders to rivals Vitol, Mercuria
9th January 2025 By: Bloomberg

Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war... 


Allied Gold gets Mali’s go-ahead for new project near Sadiola
Allied Gold gets Mali’s go-ahead for new project near Sadiola
9th January 2025 By: Bloomberg

Mali signed an agreement with Canada’s Allied Gold for a 35% stake in a new mine in connection to its Sadiola project. Known as Korali-Sud, the new project will be managed under Mali’s new mining... 


Wesizwe needs Chinese approval to secure Bakubung funding
Wesizwe needs Chinese approval to secure Bakubung funding
8th January 2025 By: Schalk Burger

JSE-listed platinum mine developer Wesizwe announced on Wednesday that its funding application for the Bakubung project required approval from the China National Development and Reform Committee... 


State Diamond Trader CEO Nosi Mzamo.
State Diamond Trader to showcase South Africa’s diamond industry role
8th January 2025 By: Martin Creamer

South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day of the 2025 South Africa Diamond Show will focus on themes that include... 


Mkango moves to spin off assets through Nasdaq shell
8th January 2025 By: Sabrina Jardim

Aim-listed Mkango Resources has entered into a nonbinding letter of intent (LOI) with Crown PropTech Acquisitions (CPTK), aimed at combining their businesses and listing a new entity on Nasdaq. The... 


An image showing Kagem Mining
Gemfields urges Zambia to reconsider emerald export duty
8th January 2025 By: Tasneem Bulbulia

London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% export duty on precious gemstones, which would directly impact the emeralds... 


The Sanbrado gold mine, in Burkina Faso
West African Resources achieves upper end of full-year gold output guidance
8th January 2025 By: Marleny Arnoldi

ASX-listed West African Resources has reported a 7% quarter-on-quarter increase in gold production to 51 178 oz in the three-months ended December 31, bringing full-year production to 206 622 oz.... 


Cauchari Olaroz
Stubbornly resilient lithium supply remains hurdle to recovery
8th January 2025 By: Bloomberg

A persistent lithium glut and the prospect that some mines could be restarted if prices rise means the battery metal is unlikely to mount a significant recovery this year. Lithium prices have... 


Battery minerals demand expected to outpace supply - McKinsey
Battery minerals demand expected to outpace supply - McKinsey
8th January 2025 By: Schalk Burger

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 


Vanggatfontein Colliery
Vanggatfontein Colliery operating amid business rescue process
7th January 2025 By: Marleny Arnoldi

JSE-listed Salungano Group has reported progress in the business rescue process of its indirect subsidiary Keaton Mining, following its February 2024 filing for business rescue. The company has... 


Anglo providing millions of zero-emission kilometres for thousands of European passengers.
Anglo delivering more platinum-based hydrogen fuel cell mobility options across Europe
7th January 2025 By: Martin Creamer

South Africa-linked Anglo American is delivering new platinum group metals (PGM)-catalysed hydrogen-powered fuel cell electric vehicle (FCEVs) mobility options across Europe. The London- and... 


Zijin plans lithium production in Congo from early 2026
Zijin plans lithium production in Congo from early 2026
7th January 2025 By: Bloomberg

China’s Zijin Mining Group aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating... 


Tirupati announces more executive appointments amid restructuring
7th January 2025 By: Marleny Arnoldi

London-listed Tirupati Graphite has appointed Anthony James Nieuwenhuys as executive director and co-CEO alongside Shishir Poddar in anticipation of a full executive power transfer to Nieuwenhuys... 


The Balama mine in Mozambique
Syrah Resources secures loan waiver amid Mozambique unrest
7th January 2025 By: Reuters

Australia's Syrah Resources said on Tuesday it has secured a waiver for default events under its United States International Development Finance Corporation (DFC) loan of $150-million, granting it... 


The Husab uranium mine in Namibia
Namibia seeks investment in nuclear power from China
7th January 2025 By: Bloomberg

Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy. “We want to add value to our uranium... 


World’s number-one cobalt miner notched production record in 2024
World’s number-one cobalt miner notched production record in 2024
7th January 2025 By: Bloomberg

The world’s No. 1 cobalt miner churned out a record volume of the metal in 2024, thanks to a speedy ramp-up of its giant mines in Africa. China’s CMOC Group said Monday it produced 114 165 t of... 


Iamgold completes sale of Guinea assets
6th January 2025 By: Sabrina Jardim

TSX-listed Iamgold has finalised the sale of its 100% interest in the Karita gold project and associated exploration assets in Guinea, the company confirmed on December 23. The transaction forms... 


ArcelorMittal Rail and Structural, pictured, will also be shut when Newcastle closes
No reprieve likely this time after talks on Newcastle mill’s survival fail
6th January 2025 By: Terence Creamer

The failure of a task team established to chart a survival strategy for ArcelorMittal South Africa’s (AMSA’s) Newcastle Works, in KwaZulu-Natal, culminated in the JSE-listed steel group notifying... 


Barrick president and CEO Mark Bristow.
Barrick remains committed to constructive engagement with Mali government
6th January 2025 By: Martin Creamer

New York- and Toronto-listed Barrick Gold remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali, West Africa. In addition, an interim attachment order has now been... 


Bill Gates
Gates-backed KoBold Metals raises $537m in funding round
6th January 2025 By: Bloomberg

KoBold Metals, a US company backed by Bill Gates, raised $537-million in equity funding to boost exploration of minerals critical to the energy transition. The funding round valued KoBold at... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA confirms closure of Newcastle Works as it issues profit warning
6th January 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has announced that it will close its long-products business in a move that will affect 3 500 direct and indirect jobs and which is likely to have... 


Green hydrogen prices will remain stubbornly high for decades
6th January 2025 By: Bloomberg

Green hydrogen has been touted by politicians and business leaders alike as a key fuel for a carbon-free future. But it will remain far more expensive than previously thought for decades to come,... 


NUM urges members to take part in 30th anniversary of Joe Slovo’s passing
NUM urges members to take part in 30th anniversary of Joe Slovo’s passing
6th January 2025 By: Thabi Shomolekae

The South African Communist Party (SACP) will on Monday commemorate the 30th anniversary of the passing of struggle stalwart comrade Joe Slovo at Avalon Cemetery in Soweto and the National Union of... 


Goldman pushes back $3 000 gold forecast on fewer US rate cuts
Goldman pushes back $3 000 gold forecast on fewer US rate cuts
6th January 2025 By: Bloomberg

Goldman Sachs Group said it no longer sees gold reaching $3 000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate cuts.... 


Chile files environmental charges against Anglo American copper mine
Chile files environmental charges against Anglo American copper mine
31st December 2024 By: Reuters

Chile's environmental regulator has filed four charges against the major Los Bronces copper mine, controlled by Anglo American, for noncompliance with environmental permits, the agency said on... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


The Ancuabe project
Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects
20th December 2024 By: Creamer Media Reporter

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 


An Eskom power station and transmission infrastructure
Eskom risk premium falls as turnaround wins over bond investors
20th December 2024 By: Bloomberg

Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


Andrada reports positive third-quarter production results
20th December 2024 By: Simone Liedtke

Aim-listed critical raw materials producer Andrada Mining reported a 15% year-on-year increase in contained tin production to 232 t for the third quarter of the 2025 financial year, ended November... 


The Moma mine in Mozambique
Kenmare appoints CFO
20th December 2024 By: Creamer Media Reporter

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 


The Cullinan Mine
Petra lowers price projections, starts retrenchment process
20th December 2024 By: Creamer Media Reporter

Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group... 


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Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

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