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Electricity and Energy Ministry special adviser Silas Zimu (centre), McCloskey senior VP John Howland (right) and McCloskey Africa editor Randi Fabi (left).
Emission reduction is key coal challenge, industry hears at coal conference
31st January 2025 By: Martin Creamer

Day two of the twentieth annual McCloskey Southern African Coal Conference opened here on Friday with carbon emission reduction being highlighted as one of the coal industry’s key challenges.... 


Gemfields continues funding MRM processing plant, pauses Kagem mining
31st January 2025 By: Sabrina Jardim

JSE- and LSE-listed Gemfields has reported total auction revenues of $196-million for the year ended December 31, and a net debt position of $80.5-million – before auction receivables of... 


Trump tariff uncertainties push safe-haven gold to record high
Trump tariff uncertainties push safe-haven gold to record high
31st January 2025 By: Reuters

Safe-haven demand due to geopolitical uncertainties and concerns over global economic growth amid US President Donald Trump's tariff plans have hoisted gold prices to a record high, once again... 


Magazine cover image
Vala Zonke pothole repair programme overlooks root causes of crumbling roads
31st January 2025 By: Darren Parker

When the Department of Transport (DoT) launched the Vala Zonke pothole reporting and repair programme nationwide in August 2022, it was widely seen as a positive sign of government’s taking... 


The Tshipi manganese mine
Jupiter on track with five-year strategy
30th January 2025 By: Sabrina Jardim

While market conditions and certain geopolitical shifts may influence the short-term outlook for some of its initiatives, ASX-listed Jupiter Mine’s five-year strategy remains solid and well-aligned... 


Resolute's Syama gold mine
Resolute generates robust cash flow in 2024, but expects higher costs
30th January 2025 By: Marleny Arnoldi

Australia- and London-listed gold producer Resolute Mining says 2024 had been one of its strongest years from an operational and cash generation point of view, with operations at the Syama mine, in... 


Powerlines
Nersa approves 12.74% tariff hike for April 1, as Eskom reports R16bn interim profit
30th January 2025 By: Terence Creamer

The Energy Regulator, the National Energy Regulator of South Africa’s (Nersa’s) highest decision-making body, has granted Eskom a 12.74% tariff increase for implementation on April 1. The... 


Endeavour reports its highest-ever dividend for the second half of 2024
30th January 2025 By: Darren Parker

LSE- and TSX-listed gold producer Endeavour Mining has reported its highest-ever dividend to shareholders for the second half of 2024, amounting to $140-million or $0.57 a share. This brings the... 


Photo of Martin Creamer
Coal exports, platinum's role in anti-cancer, Implats make headlines
30th January 2025

Mining Weekly Editor Martin Creamer unpacks Richards Bay Coal Terminal's confidence that coal exports can go up to 81-million tons; the role platinum is playing in anti-cancer; and Implats's deal... 


South Africa Presidency Project Management Office director Sikhulekile (Khule) Duma
Existing South African reforms set to lift growth to 3.5% by 2029, coal conference hears
30th January 2025 By: Martin Creamer

Existing economic reforms now in motion have the potential to lift South Africa’s economic growth rate to 3.5% a year by 2029, South Africa Presidency Project Management Office director Sikhulekile... 


MMC executive chairperson Bernard Swanepoel
MMC signs deal to get 70% of its power from NOA’s renewable sources
30th January 2025 By: Darren Parker

Manganese producer and exporter Manganese Metal Company (MMC) has entered into an energy supply agreement with integrated energy utility NOA Group to secure an estimated 70% of its electricity from... 


Processing at Richards Bay Minerals
RBM signs third PPA to procure a further 230 MW of wind power
30th January 2025 By: Marleny Arnoldi

Heavy mineral sands producer Richards Bay Minerals (RBM) has signed a third power purchase agreement (PPA) which brings its total agreed renewable energy power arrangements to 500 MW. The latest... 


Chinese firms to build $2bn Tanzanian rail to nickel mine
30th January 2025 By: Bloomberg

Tanzania signed a $2.15-billion deal with two Chinese firms to construct a railway linking its main port of Dar es Salaam to a nickel mine in neighboring Burundi. Tanzania Railways Corp awarded the... 


Glencore CEO Gary Nagle
Glencore’s steelmaking coal output up 165% y/y on the back of Elk Valley acquisition
30th January 2025 By: Creamer Media Reporter

Despite reporting lower production from own sources for most of the commodities it mines for the 2024 financial year, diversified miner Glencore CEO Gary Nagle says output was in line with... 


Orion completes BEE transaction for Okiep, progresses feasibility studies
30th January 2025 By: Sabrina Jardim

The suspensive conditions to transactions between ASX- and JSE-listed Orion Minerals’  New Okiep Exploration Company (NOE) and New Okiep Mining Company (NOM) and historically disadvantaged South... 


ABB advances R&D on eMine FastCharge solution
30th January 2025 By: Sabrina Jardim

With an emphasis on continuous research and development, global technology company ABB is piloting new developments for its high-power stationary fast-charging solution, the eMine FastCharge – a... 


De Beers sees India as a bright spot, notes early recovery signs in US
De Beers sees India as a bright spot, notes early recovery signs in US
30th January 2025 By: Reuters

India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the US and China, Amit Pratihari, managing director, De Beers India told Reuters... 


Powerlines
Hikes alone won’t guarantee Eskom’s viability, warns AGSA as it releases alarming audit findings
29th January 2025 By: Terence Creamer

On the eve of the highly-anticipated announcement of Eskom’s tariffs for the coming three years, the Auditor-General South Africa (AGSA) has warned that tariff increases will fail to improve the... 


Uranium
Lotus secures additional uranium offtake with North American utility
29th January 2025 By: Creamer Media Reporter

ASX-listed Lotus Resources has signed another term sheet for uranium octoxide (U3O8) sales with North American utility PSEG Nuclear, a subsidiary of Public Sector Enterprise Group – a diversified... 


graphical conceptualization of AI
New approach to leadership key to navigating 2025 mining industry challenges, report says
29th January 2025 By: Darren Parker

A new approach to leadership in the mining and metals sector will be key to navigating challenges, such as volatile supply chains and potential metal shortages, this year, with organisations that... 


Poddar removed as director of Tirupati
29th January 2025 By: Creamer Media Reporter

The board of specialist graphite producer Tirupati Graphite has decided to remove Shishir Poddar as a director of the company, with immediate effect. He remains suspended as co-CEO, pending further... 


Perseus Mining open pit
Perseus reports strong quarterly production, cash position
29th January 2025 By: Darren Parker

ASX-listed Perseus Mining has reported strong production, cash flow and growth for the second quarter of its 2025 financial year, resulting in a cash and bullion balance of $704-million as at... 


The Letšeng mine in Lesotho
Gem beats revised production, sales guidance
29th January 2025 By: Creamer Media Reporter

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, recovered 24 461 ct of diamonds in the fourth quarter of 2024, taking full-year production to 105 012 ct. Although... 


Gold and silver bars
London bullion association launches digital database for gold bars
29th January 2025 By: Reuters

The London Bullion Market Association (LBMA) has launched a digital database for gold bars to improve transparency in the precious metals market, expecting all LBMA-accredited refineries to come... 


Montero finalises distribution of $27m settlement in Tanzania dispute
29th January 2025 By: Creamer Media Reporter

Canadian junior Montero Mining and Exploration said on Tuesday that it had finalised the distribution of its $27-million settlement with litigation funder Omni Bridgeway over the expropriation of... 


Coal stockpiles
Anglo completes sale of minority interest in Jellinbah for A$1.6bn
29th January 2025 By: Creamer Media Reporter

Diversified miner Anglo American has concluded the sale of its 33.3% minority interest in Jellinbah Group, a joint venture (JV) that owns a 70% interest in the Jellinbah East and Lake Vermont... 


Zambia’s Mines and Mineral Development Minister Paul Kabuswe
First Quantum hands over aerial geological survey of Copperbelt to Zambian govt
29th January 2025 By: Darren Parker

TSX-listed copper miner First Quantum Minerals (FQM) has handed over a complete aerial geological survey of the Copperbelt to the Zambian government.   The survey, which was handed over to Zambia’s... 


Platinum-based pharmaceutical ingredients form the backbone of cancer treatment through chemotherapy.
Platinum playing crucial anti-cancer role, making major pharmaceutical contribution
29th January 2025 By: Martin Creamer

Platinum group metals (PGMs), which are hosted overwhelmingly in South Africa, are playing a crucial anti-cancer role as well as making a significant overall PGM contribution to the pharmaceutical... 


Canyon signs underwriting agreement to buy rolling stock for Cameroon bauxite mine
29th January 2025 By: Sabrina Jardim

ASX-listed Canyon Resources' major shareholder, Eagle Eye Asset Holdings (EEA), has agreed to underwrite the full debt requirements to finance the purchase of 22 locomotives and 550 wagons and the... 


Marula signs manganese ore supply agreements for Kenya plant
29th January 2025 By: Sabrina Jardim

Africa-focused mining and development company Marula Mining says it has signed a number of agreements for the supply and delivery of manganese ores to its 80%-owned Kilifi processing plant, in... 


A truck transporting ore at Debswana's Jwaneng mine
Botswana’s leader says diamond deal reached with De Beers
29th January 2025 By: Bloomberg

Botswana’s President Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the... 


The Kibali processing plant
Barrick expects another strong performance from Kibali this year
29th January 2025 By: Creamer Media Reporter

Canada-headquartered Barrick Gold Corp says the joint venture Kibali gold mine, in the Democratic Republic of Congo (DRC) achieved an improved performance in the last quarter of 2024, culminating... 


An artist's rendering of the Evolution Series ES43ACmi locomotives to be delivered to Simandou
Wabtec awarded $248m locomotive order from Winning Consortium Simandou
29th January 2025 By: Creamer Media Reporter

NYSE-listed Wabtec Corporation has been awarded a $248-million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou, to support the latter's rail operations... 


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