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Africa

An iron-ore stockpile
US tariff blitz bolsters Goldman’s bearish view on iron-ore
4th April 2025 By: Bloomberg

A cascade of US tariffs announced by President Donald Trump will hurt Chinese steel exports and help to drag iron ore prices below $90 a ton by the end of the year, Goldman Sachs Group said in a... 


Railway tracks
Trump administration backs African Lobito rail plan, envoy says
4th April 2025 By: Bloomberg

The US said it remains committed to the Lobito Corridor project that links critical minerals deposits in central Africa to an Atlantic port, signaling a bright spot in trade with the continent... 


Copper sheets produced in the DRC
After tariffs, US dangles billions of dollars in Congo mineral investment
4th April 2025 By: Reuters

The United States is in talks to invest billions of dollars in mineral-rich Congo and wants to help end a conflict raging in the country's east, President Donald Trump's senior adviser for Africa... 


Magazine Cover Image
SABS investigation continues amid unsettling allegations of mismanagement
4th April 2025 By: Darren Parker

Ever since allegations of corruption and mismanagement against State-owned entity the South African Bureau of Standards (SABS) started to surface late last year, the organisation has been under... 


A gold bar being poured
HSBC raises gold price forecasts amid geopolitical tensions
3rd April 2025 By: Reuters

HSBC raised its average 2025 and 2026 gold price forecast to $3 015 and $2 915 per ounce respectively, citing geopolitical risks. This is an increase from its previous forecasts of $2 687 and $2... 


Minerals Council CEO Mzila Mthenjane
South Africa's PGMs, coal, gold, manganese and chrome excluded from US tariffs
3rd April 2025 By: Marleny Arnoldi

The Minerals Council South Africa has expressed concern about the potential damage to global economic growth and the resultant lower demand for South Africa’s minerals as a result of sweeping... 


M&R's head office in South Africa
Retrenchments, disposals proposed in M&R Limited business rescue plan
3rd April 2025 By: Marleny Arnoldi

JSE-listed engineering and contracting group Murray & Roberts (M&R) has advised that creditors will vote on the business rescue plan for M&R Limited on April 8. The plan was published on March... 


Sibanye-Stillwater CEO-designate Richard Stewart
Despite strong headwinds, Sibanye-Stillwater’s Stewart remains bullish on PGMs' future
3rd April 2025 By: Darren Parker

Despite the platinum group metals (PGMs) slump brought about by low prices and the advent of electric vehicles (EVs), Sibanye-Stillwater CEO-designate Richard Stewart remains optimistic about the... 


Trade, Industry And Competition Minister Parks Tau
Tau worried about US tariff impact on South African products
3rd April 2025 By: Darren Parker

Although the announcement of a 30% tariff on all exports from South Africa to the US could have a serious impact on the platinum group metals (PGMs) sector, Trade, Industry and Competition Minister... 


Gold bars in a vault
Trump's policies to spur further central bank gold buying
3rd April 2025 By: Reuters

Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks stemming from US President Donald... 


Jubilee CEO Leon Coetzer
Jubilee executes transaction on Large Waste Project
3rd April 2025 By: Sabrina Jardim

Aim-listed Jubilee Metals has secured the exclusive rights to the Large Waste Project, in Zambia, for a reduced consideration of $18-million – previously $30-million. The company has until mid-May... 


West Wits to review mine plan amid higher gold price
3rd April 2025 By: Sabrina Jardim

ASX-listed West Wits Mining says it has been motivated by the recent strengthening of gold prices to begin a strategic review of its plans for the entirety of the Witwatersrand Basin Project (WBP),... 


Plug Power president and CEO Andy Marsh.
Platinum-based PEM technology at heart of everything we do, says Plug Power of US
3rd April 2025 By: Martin Creamer

In a Zoom video interview with Creamer Media’s Engineering News & Mining Weekly, Plug Power President and CEO Andy Marsh on Wednesday pointed out that platinum-based proton exchange membrane (PEM)... 


Kiniero overview showing completed mill foundations and CIL tanks
Robex progresses Kiniero toward first gold pour in the fourth quarter
3rd April 2025 By: Sabrina Jardim

West African gold producer and developer Robex Resources says it is on track to deliver first gold at its Kiniero gold project, in Guinea, in the fourth quarter of this calendar year. TSX-V-listed... 


A coal-fired power station
Global coal power capacity inches up in 2024, data shows
3rd April 2025 By: Reuters

The world's coal-fired power fleet inched up by 18.8 GW in 2024, its lowest rise in two decades, but new additions in China and India continued to offset closures elsewhere, data from US think tank... 


Outgoing Orion CEO and MD Errol Smart
Lennox takes over lead of Orion Minerals as Smart steps down
3rd April 2025 By: Marleny Arnoldi

JSE-listed copper mining company Orion Minerals CEO and MD Errol Smart has stepped down from his roles effective April 3. He is succeeded by Anthony Lennox, who has been a nonexecutive director... 


Gold bars
Oil, copper slide as Trump tariffs rattle markets; gold hits record high
3rd April 2025 By: Reuters

Commodities including oil, copper and agricultural products fell on Thursday as US President Donald Trump's aggressive tariffs on key trading partners fuelled fears of a global recession, while... 


US President Donald Trump holding up the Reciprocal Tariffs executive order
As US imposes 30% tariff on South African exports, Presidency reiterates desire for new bilateral trade deal
3rd April 2025 By: Terence Creamer

South Africa’s Presidency has expressed concern over new tariffs that have been imposed on South African exports to the US following President Donald Trump’s April 2 'Liberation Day' announcement.... 


US President Donald Trump
Markets reel as US tariffs stoke fear of 'spiral of doom' for growth
2nd April 2025 By: Reuters

President Donald Trump's new tariffs sent shockwaves through markets on Thursday, with the dollar and US stocks among the hardest hit on fears a broadening trade war will spur recession in a... 


Ivanhoe Mines begins copper exploration programme in Zambia
2nd April 2025 By: Sabrina Jardim

The Zambian government has granted TSX-listed Ivanhoe Mines a 7 757 km2 package of new exploration licences in the highly-prospective North-Western Province of Zambia. Ivanhoe considers the... 


Namibia holds talks with Russia over nuclear energy partnership
2nd April 2025 By: Bloomberg

Namibia’s President Netumbo Nandi-Ndaitwah held talks with Russian Deputy Prime Minister Yury Trutnev seeking to boost cooperation on nuclear energy in Africa’s biggest uranium producer.... 


Paul Miller.
To reclaim global mining status, South Africa must restore trust – Paul Miller
2nd April 2025 By: Martin Creamer

If South Africa wants to reclaim its position in the global mining industry, half-measures just won’t cut it. The Department of Mineral and Petroleum Resources (DMPR) needs to go beyond admitting... 


The Jimblebar iron-ore mine
BHP considered spinning off iron-ore, coal divisions
2nd April 2025 By: Reuters

The world's biggest listed miner BHP Group considered spinning off its Australian iron-ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter... 


UMK CE Malcolm Curror
UMK shifts back to rail amid softer market conditions
2nd April 2025 By: Sabrina Jardim

South African mining company United Manganese of Kalahari (UMK) has said it will, for now, exclusively use rail transport for its manganese exports, with CE Malcolm Curror noting that it is... 


Hathorn to contribute $500 000 to Kore’s fundraising
2nd April 2025 By: Sabrina Jardim

London-listed potash exploration and development company Kore Potash has reported that, following the publication of the company's 2024 annual report, the restriction of the company's directors and... 


European Central Bank head Christine Lagarde
Trump's tariffs will be negative the world over, says ECB's Lagarde
2nd April 2025 By: Reuters

US President Donald Trump's planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations,... 


The Reko Diq project site
Capital signs contract for civils work, TSF construction at Reko Diq
2nd April 2025 By: Sabrina Jardim

London-listed mining services company Capital has concluded formal negotiations and has signed a mining services contract with Reko Diq Mining Pakistan – operated by  Canadian miner Barrick Gold... 


The Longonjo project site
Longonjo ore reserve grade increases as project development progresses
2nd April 2025 By: Sabrina Jardim

London-listed Pensana has reported that the updated Joint Ore Reserve Committee- (Jorc-) compliant ore reserve grade for its Longonjo rare earth project, in Angola, has increased to 3.04% total... 


US President Donald Trump
Trump to escalate global trade tensions with new reciprocal tariffs on US trading partners
2nd April 2025 By: Reuters

US President Donald Trump was poised to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, threatening cost increases and likely... 


Gold bars
Gold holds ground below record ahead of Trump’s tariff reveal
2nd April 2025 By: Bloomberg

Gold steadied as the market took a break from a record-setting run ahead of US President Donald Trump’s implementation of sweeping “reciprocal” tariffs, which are expected to take effect later... 


New sun-tracking system.
New sun-track system could uplift South Africa’s concentrated solar plant performance
1st April 2025 By: Martin Creamer

A new sun-tracking system, which could uplift the performance of South Africa’s concentrated solar power (CSP) plants, is attracting attention. CSPs, which use mirrors to convert sunlight into... 


Volvo interior
US auto import tariff will not drastically impact PGM demand – WPIC
1st April 2025 By: Marleny Arnoldi

The World Platinum Investment Council (WPIC) finds in its latest Platinum Essentials publication that the US’s 25% tariff on vehicle imports from April 3 and parts from May 3 will have a 70 000 oz... 


IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
IDC mulls bigger AMSA stake after granting R1.68bn loan to halt longs closure for six months
1st April 2025 By: Terence Creamer

Steel group ArcelorMittal South Africa (AMSA) has confirmed that the Industrial Development Corporation (IDC) is considering taking a larger equity stake in the JSE-listed group and will conduct a... 


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