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Yaouré mine
Perseus lifts half-year earnings, profit by more than 20%
24th February 2025 By: Marleny Arnoldi

ASX-listed Perseus Mining has posted a 26% increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $352-million for the six months ended December 31, 2024. This... 


Unicorn carries out site visit on potential copper asset in Namibia
24th February 2025 By: Sabrina Jardim

Following a preliminary independent technical evaluation of a potential copper exploration and development project, in Namibia, London-listed Unicorn Mineral Resources’ management team and... 


Central bank, investor buying continue to drive record gold prices – Heraeus
24th February 2025 By: Sabrina Jardim

Technology group Heraeus has described gold’s price performance over the last 18 months as “remarkable”, noting that, as the price nears $3 000/oz, signs of “excess frothiness are becoming... 


A Sasol sign near its Secunda operations
Sasol skips dividend after profit declines 31%
24th February 2025 By: Reuters

South African petrochemical firm Sasol on Monday skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol's headline... 


Tumela mine at Amandelbult
Amplats’ Tumela mine remains suspended, while the rest of Amandelbult operational following floods
24th February 2025 By: Darren Parker

Operations at JSE-listed Anglo American Platinum's (Amplats’) Amandelbult complex in Limpopo, except for the Tumela mine, have restarted following heavy rains and widespread flooding in the region.... 


Gemfields product and sales MD Adrian Banks
Gemfields generates $4.8m in mini auction of previously unsold emeralds
24th February 2025 By: Sabrina Jardim

London-listed Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13... 


Diamond miner Lucara hits new production highs
Diamond miner Lucara hits new production highs
24th February 2025 By: Mariaan Webb

Botswana-focused diamond miner Lucara Diamond Corp has reported a record-breaking 2024, highlighted by the recovery of two exceptional stones – the 2 488 ct ‘Motswedi’ diamond and the 1 094 ct... 


Orezone to fast-track Burkina Faso expansion, unveils ASX listing plans
Orezone to fast-track Burkina Faso expansion, unveils ASX listing plans
24th February 2025 By: Mariaan Webb

Toronto-listed Orezone Gold has announced its intention to fast track the expansion of its Bomboré mine, in Burkina Faso, while enhancing its capital markets presence through a planned listing on... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Eskom says maintenance focus to shift to balance of plant, after failures lead to shock Stage 6 return
23rd February 2025 By: Terence Creamer

After taking the shock decision to ramp up loadshedding to Stage 6 in the early hours of Sunday February 23 - having declared Stage 3 on Saturday - Eskom is aiming to bring a halt to rotational... 


Early works at Pensana's Longonjo project, in Angola
Atherley reaffirms Pensana’s commitment to social, enviro sustainability
21st February 2025 By: Marleny Arnoldi

London-listed rare earths miner Pensana chairperson Paul Atherley says mining can be both environmentally sustainable and socially developmental. He tells British radio station BBC Radio 4 that... 


West African Resources' Sanbrado plant
West African expects new mine to boost output to at least 290 000 oz this year
21st February 2025 By: Marleny Arnoldi

ASX-listed West African Resources expects this year to be a transformative year for the company, with its new Kiaka mining centre due to start production. The company expects to produce between... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


The Kendal power station
Ramokgopa hints that new IRP includes 10-year delay to coal shutdowns
21st February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the... 


Marula Mining CEO Jason Brewer
Marula hosts site visit to further verify high-grade copper concentrate samples at Kinusi
21st February 2025 By: Marleny Arnoldi

South Africa- and UK-listed Marula Mining has advised it will host a site visit at its Kinusi copper mine, in Tanzania, to show a European commodity trading group its high-grade copper concentrate... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 


DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
21st February 2025

Mining Weekly Editor Martin Creamer unpacks DRDGold dividends no longer being just a policy but a value; Anglo American Platinum becoming an independent fit-for-purpose PGM company; and the new... 


Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
20th February 2025 By: Mariaan Webb

Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex... 


The Rosh Pinah Solar Park
Appian to acquire the majority shareholding in Rosh Pinah Solar Park
20th February 2025 By: Sabrina Jardim

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


Tertiary Minerals advances drilling at Konkola West
20th February 2025 By: Sabrina Jardim

Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the... 


Dean Horton appointed to Canyon board
20th February 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 


West Wits chairperson Michael Quinert
West Wits secures credit approval for R902m loan facility to advance Qala Shallows
20th February 2025 By: Sabrina Jardim

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 


GoviEx progresses Muntanga project financing
20th February 2025 By: Sabrina Jardim

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
20th February 2025 By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


An image showing the Lumwana Expansion project
Barrick files technical reports for Lumwana expansion, Reko Diq projects
20th February 2025 By: Tasneem Bulbulia

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 


A Transnet locomotive
Dept of Transport, Transnet to engage market on private sector participation opportunities soon
20th February 2025 By: Darren Parker

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 


Caledonia appoints successor to outgoing CFO
19th February 2025 By: Creamer Media Reporter

Chester Goodburn will step down as Zimbabwe-focused gold miner Caledonia Mining Corporation's CFO on March 24 and will be succeeded by Ross Jerrard. Jerrard, aged 50, brings extensive experience in... 


Salungano CFO resigns
19th February 2025 By: Creamer Media Reporter

JSE-listed Salungano Group, which owns coal mining operations in South Africa, has announced the resignation of CFO and executive director Kabelo Maroga, with effect from February 18. Acting CFO of... 


The Loulo-Gounkoto complex
Barrick Gold signs agreement with Mali to end mining dispute, sources say
19th February 2025 By: Reuters

Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with... 


The Gamsberg zinc mine
Aveng shares details of Moolmans subsidiary's R10.6bn contract at Gamsberg
19th February 2025 By: Creamer Media Reporter

JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the... 


AngloGold CEO Alberto Calderon
Higher gold price boosts AngloGold’s headline earnings, free cash flow
19th February 2025 By: Sabrina Jardim

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 


An image depicting the wind farm
Northam finalises PPA for wheeled wind energy
19th February 2025 By: Sabrina Jardim

Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


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