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Theta gold wagon
Theta Gold Mines secures equity, debt funds to build new flagship plant
7th October 2025 By: Marleny Arnoldi

ASX-listed Theta Gold Mines has secured commitments totalling A$51.4-million in debt and equity to advance the TGME gold mine project, in South Africa’s Mpumalanga province. The company received... 


A copper smelter
Aurubis hikes 2026 European copper premium to record $315/t
7th October 2025 By: Reuters

Europe's biggest copper smelter Aurubis will charge European customers a premium of $315 per metric ton for refined copper next year, three market sources said on Tuesday, a record high for the... 


Rough diamonds
Botswana says pulled diamond sale wasn’t an ‘emergency’ auction
7th October 2025 By: Bloomberg

Botswana said an unprecedented ad-hoc diamond auction late last month — in which it didn’t sell any gems because the reserve price wasn’t met — wasn’t an “emergency sale.” State trader Okavango... 


Southern Palladium lodges environmental guarantee for Bengwenyama
7th October 2025 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium has lodged an environmental guarantee with South Africa’s Department of Mineral and Petroleum Resources for the development of the Bengwenyama platinum group... 


Nickel smelting
Nickel market forecast to be in 209 000 t surplus in 2025, says INSG
7th October 2025 By: Reuters

The International Nickel Study Group on Tuesday forecast a nickel market surplus of 209 000 metric tons for 2025, increasing to 261 000 tons in 2026. Global demand for nickel is expected to... 


Afrimat flags improved performance, higher interim EPS and HEPS
7th October 2025 By: Schalk Burger

JSE-listed construction materials and industrial minerals company Afrimat expects to report a 74% to 79% year-on-year increase in earnings per share (EPS) to between 101.4c and 104.3c for the six... 


A gold pour
Goldman hikes December 2026 gold price forecast to $4 900/oz
7th October 2025 By: Reuters

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4 900 per ounce from $4 300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. "We... 


Molten gold
Gold blazes through $3 900/oz to new records as investors flee uncertainty
7th October 2025 By: Reuters

Gold prices surged to record highs above $3 900 per ounce on Monday on expectations of further US rate cuts, and as investors fleeing economic and political uncertainty piled into the safe-haven... 


An image of Tongon
Barrick to sell Tongon for up to $305m
6th October 2025 By: Tasneem Bulbulia

Global mining, exploration and development company Barrick Mining has reached an agreement to sell its interests in the Tongon gold mine and certain of its exploration properties in Côte d’lvoire... 


The demonstration plant in Johannesburg.
Manganese beneficiation successful at Joburg demo plant, Canadian company reports
6th October 2025 By: Martin Creamer

High purity manganese sulphate monohydrate (HPMSM) has reportedly been successfully produced by Canadian company Giyani Metals at its demonstration plant in Johannesburg. Following the production... 


North Stanmore clears environmental milestone
6th October 2025 By: Sabrina Jardim

ASX-listed Victory Metals has completed baseline environmental and biological studies at the North Stanmore heavy rare earth project in Cue, Western Australia. Victory says the results reinforce... 


Emerald’s September quarter production dampened by heavy rainfall
6th October 2025 By: Tasneem Bulbulia

ASX-listed Emerald Resources expects to have produced about 22 000 oz of gold from its 100%-owned Okvau gold mine for the quarter ended September 30, below guidance owing to heavy rainfall during... 


Predictive Discovery Drilling Guinea
PDI, Robex announce merger to create one of Africa’s top five gold miners
6th October 2025 By: Sabrina Jardim

ASX-listed Predictive Discovery (PDI) and Canadian company Robex Resources have entered into a definitive agreement to combine in a merger of equals, with PDI to acquire all of the issued and... 


Carnavale to raise about $7m to fast-track KGP project
6th October 2025 By: Tasneem Bulbulia

ASX-listed Carnavale Resources has received firm commitments from professional and sophisticated investors to raise $3-million through a placement of about 857.1-million shares. Eligible... 


An image of Montepuez Ruby mine
Gemfields achieves $11m from ruby mini-auction, delays year-end auction
6th October 2025 By: Tasneem Bulbulia

Miner Gemfields earned revenues of $11-million from a mini-auction of rough rubies from Montepuez Ruby Mining (MRM) held via online bidding after viewings in Bangkok, Thailand, from September 29 to... 


Jubilee's Zambian operations
Jubilee receives first payment from South African business sale
6th October 2025 By: Marleny Arnoldi

Aim- and AltX-listed Jubilee Metals has advised shareholders that the process to complete the sale of its South African chrome and platinum group metal (PGM) business continues after shareholders... 


An image of Tharisa CFO Michael Jones
Tax Court rules in Tharisa’s favour over mining royalties
6th October 2025 By: Tasneem Bulbulia

South Africa’s Tax Court of has ruled in favour of integrated resources group Tharisa ‘s subsidiary Tharisa Minerals, in a long-running dispute with the South African Revenue Service (Sars)... 


DRC President Felix Tshisekedi
Congo to permanently ban cobalt exporters that breach quotas, says President Tshisekedi
6th October 2025 By: Reuters

The Democratic Republic of Congo will permanently ban cobalt exporters that violate its new quota system, President Felix Tshisekedi has warned, as the world's top producer tightens controls to... 


An image of uranium
Snow Lake, Global Uranium agree to merger
6th October 2025 By: Tasneem Bulbulia

ASX-listed Global Uranium and Enrichment has entered into a binding scheme implementation deed (SID) with US natural resource exploration company Snow Lake Resources, pursuant to which they have... 


Grasberg mine, in Indonesia
Freeport recovers remains of last five missing Grasberg workers
6th October 2025 By: Marleny Arnoldi

NYSE-listed copper and gold miner Freeport has advised that the five workers it was still searching for at its Grasberg block cave mine, in Indonesia, have been found deceased. Seven workers went... 


Andre Nepgen, Head of Discovery Green.
Discovery Green, Glencore sign 20-year renewables deal to power coal mines
6th October 2025 By: Martin Creamer

To support South Africa’s transition to clean energy, Discovery Green, the renewable-energy business of Discovery Limited, and Glencore Operations South Africa, part of the global diversified... 


The Loma Langa project area
Ecuador revokes environmental license for Canada's DPM to develop gold project
6th October 2025 By: Reuters

Ecuador's government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area, the... 


Tharisa CEO Phoevos Pouroulis
Tharisa targets first underground ore by quarter two of 2026
3rd October 2025 By: Darren Parker

JSE- and LSE-listed Tharisa has confirmed that its new underground operation is scheduled to deliver first ore by the second quarter of 2026, marking the start of a strategic shift that will secure... 


Implats chairperson Thandi Orleyn.
Clean electricity accounts for 31% of Implats’ FY2025 power consumption
3rd October 2025 By: Martin Creamer

In financial year (FY) 2025, renewable and non-carbon-based electricity accounted for 31% of the total consumption of platinum group metals (PGMs) mining and refining company Implats, with market... 


Orion ups capital raise to almost R100m on strong investor backing
Orion ups capital raise to almost R100m on strong investor backing
3rd October 2025 By: Schalk Burger

Diversified miner Orion Minerals has again increased the size of its capital raising, now targeting A$8.6-million, or about R99-million, after receiving further firm commitments from investors. The... 


In mining, sustainability and profitability go hand-in-hand
3rd October 2025 By: Rebecca Campbell

Increasing the sustainability of mining operations does not mean reducing their profitability. This was the key message from Hexagon Mining senior business development manager Reece Hanning, who... 


Marcus Randolph
AngloGold makes new board appointment
3rd October 2025 By: Creamer Media Reporter

JSE- and NYSE-listed AngloGold Ashanti has named Marcus Randolph as an independent nonexecutive director, effective October 27. Randolph, a former BHP executive with more than 40 years of industry... 


Jenna Harris
Classifying Eskom’s coal fuel costs as fixed would damage SAWEM
3rd October 2025 By: Terence Creamer

Allowing Eskom Generation to classify the primary energy used by its coal power stations as fixed costs will undermine the objective of using the upcoming launch of the South African Wholesale... 


Photo of Martin Creamer
Mining employment, Sibanye-Stillwater, Mark Bristow make headlines
3rd October 2025

Mining Weekly Editor Martin Creamer discusses mining as the major job creator in the second quarter of this year, when overall employment fell; the smooth in executive succession at... 


Fortuna expands West African footprint with Guinea exploration alliance
3rd October 2025 By: Creamer Media Reporter

Canadian precious metals miner Fortuna Mining has signed a binding heads of agreement (HoA) with Australia-listed DeSoto Resources to establish an exploration alliance and joint venture across... 


Simandou iron-ore project halted after three workers die in accident
Simandou iron-ore project halted after three workers die in accident
3rd October 2025 By: Reuters

Three foreign workers have died in a site accident at the Simandou iron-ore project in Guinea, its co-developer Winning Consortium Simandou said on Thursday, adding that it has suspended operations... 


Allied Gold launches staged energy overhaul at Sadiola to cut power costs, secure expansion
3rd October 2025 By: Creamer Media Reporter

Toronto-listed Allied Gold Corporation has begun rolling out a multi-stage energy programme at its Sadiola mine in Mali, aiming to deliver more efficient, reliable and lower-cost power to support... 


Mintek CEO Dr Molefi Motuku
Collaboration, investing in young researchers key for future of science in South Africa
2nd October 2025 By: Sabrina Jardim

The mining sector continues to play an important role in South Africa’s economy and collaboration among researchers remains vital to ensure the ongoing competitiveness of the domestic sector in the... 


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This week: Africa must collaborate to protect the planet; Engen showcases digital innovation, long-term commitment to coal sector at Coal Africa 2025 and, Pilot Crushtec demonstrates innovation, sustainability in crushing solutions at Coal Africa 2025
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