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Biden boosts loan for ioneer's Nevada lithium mine to nearly $1bn
Biden boosts loan for ioneer's Nevada lithium mine to nearly $1bn
20th January 2025 By: Reuters

The US Department of Energy has finalized a $996-million loan for ioneer's Rhyolite Ridge lithium project, according to documents reviewed by Reuters, an increase of $296-million from a preliminary funding offer and a move aimed at boosting... 


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Rio Tinto lanyards
CreditSights questions cultural match between Rio Tinto, Glencore amid rumoured merger
17th January 2025 By: Marleny Arnoldi

Fitch Solutions company CreditSights says a rumoured merger between major diversified miners Rio Tinto and Glencore could result in a $126-billion company. However, the rumoured merger raises... 


Ivanhoe prices an offering of $750m of senior notes due 2030
17th January 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines has priced the offering of aggregate principal amount of $750-million of senior notes due 2030. Ivanhoe says the notes will be senior unsecured obligations of the company... 


Alphamin achieves 38% increase in tin production
17th January 2025 By: Sabrina Jardim

JSE-listed Alphamin Resources produced 17 324 t of tin for the year ended December 31, a 38% increase from the previous year and within the guidance range of 17 000 t to 18 000 t. The company... 


Safety vests with the Rio Tinto logo
Rio Tinto, Glencore discuss mining's biggest-ever potential merger
17th January 2025 By: Bloomberg

Rio Tinto Group and Glencore have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took place as recently... 


Global Uranium announces A$1.8m placement to fund growth
Global Uranium announces A$1.8m placement to fund growth
17th January 2025 By: Creamer Media Reporter

Australia-listed Global Uranium and Enrichment has announced a A$1.8 million placement, which will be directed towards reviewing and conducting due diligence on complementary assets, staking new... 


gold nuggets
Guinea govt grants enviro approval for Predictive’s Bankan project
20th January 2025 By: Marleny Arnoldi

The government of Guinea has approved ASX-listed Predictive Discovery’s environment- and socia-l-impact assessment on the Bankan gold project. Having issued a certificate of environmental... 


China buys less Russian coal in 2024 despite record imports
20th January 2025 By: Reuters

China, the world's top coal importer, bought less Russian coal in 2024 while increasing purchases from other key suppliers, led by Australia, during a record year for coal imports, customs data... 


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Premier African Minerals CEO George Roach
Premier African Minerals, Canmax reaffirm goal to start flotation plants at Zulu
20th January 2025 By: Marleny Arnoldi

UK-based mining and exploration company Premier African Minerals has confirmed its principal shareholder Canmax Technologies remains committed to working with the company to ensure the... 


VRX Silica secures new offtake term sheets for Arrowsmith North
20th January 2025 By: Creamer Media Reporter

ASX-listed silica sand developer VRX Silica has signed additional nonbinding offtake term sheets for the supply of silica sand from its Arrowsmith North project, in Western Australia. The... 


Reko Diq
Barrick to expand Capital’s service offering at Reko Diq
20th January 2025 By: Darren Parker

London-listed mining services company Capital has received a letter of intent from gold mining company Barrick Gold Corporation, the operator and 50% owner of the Reko Diq copper/gold project, in... 


Gold Road unveils Gilmour PFS results
20th January 2025 By: Creamer Media Reporter

Midtier gold producer and explorer Gold Road Resources has unveiled the findings of a prefeasibility study (PFS) for its 100%-owned Gilmour gold project, located in the Yamarna belt, about 1 000 km... 


An image of Minerals Council South Africa CEO Mzila Mthenjane
Africa’s potential in research, development, innovation highlighted at FMF
20th January 2025 By: Tasneem Bulbulia

A South African mining centre of excellence is one of nine key projects that have been identified globally for consideration as part of a Centres of Excellence Network, which forms part of three... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto and Glencore spoke for months about deal that was once taboo
20th January 2025 By: Bloomberg

When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in... 


Power plant comes online at Kodal’s Bougouni lithium project
20th January 2025 By: Darren Parker

The power generation plant at London-listed Kodal Minerals’ flagship Bougouni lithium project, in southern Mali, is now operational, paving the way for full commissioning of the Stage 1 dense media... 


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Silver ore on conveyor belt
Tertiary dives deeper into silver discoveries at Mushima North
20th January 2025 By: Marleny Arnoldi

Aim-listed Tertiary Minerals has confirmed economically significant mineralisation of silver and cobalt at its Mushima North project, in Zambia, in addition to the project’s already identified... 


Rescuers and police at the Stilfontein mine
South African police launch manhunt for gang leader of illegal mine
20th January 2025 By: Reuters

South African police have launched a manhunt for a Lesotho gang member believed to have controlled operations at an illegal gold mine where 78 bodies were recovered last week during a police siege,... 


Barrick CEO Mark Bristow
Reko Diq mine to generate $74bn in free cash flow over 37 years, Barrick CEO says
20th January 2025 By: Reuters

The Reko Diq copper and gold project in Pakistan is expected to generate approximately $74-billion in free cash flow over the next 37 years, based on consensus long-term prices, the CEO of joint... 


AngloGold's Obuasi gold mine
At least seven people killed by army at Ghana's AngloGold Ashanti mine
20th January 2025 By: Reuters

A Ghanaian small-scale miners' association on Sunday said soldiers killed nine unarmed people at an AngloGold Ashanti mine on Saturday night, while the army said seven illegal miners had been... 


President-elect Donald Trump, who returns to the White House today, has talked of tariffs of up to 10% on global imports and 60% on Chinese goods.
Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says
20th January 2025 By: Reuters

Goldman Sachs on Monday said the copper market is pricing in odds of about 50% that there will be a 10% US tariff on the metal by the end of the first quarter of this year. Analysts at the US... 


Moma Titanium Minerals mine, in Mozambique
Kenmare reports slight improvement in full-year ilmenite output, shipments
20th January 2025 By: Marleny Arnoldi

London-listed Kenmare Resources delivered a strong finish to the year ended December 31, having exceeded the midpoint of its production guidance range for ilmenite and the upper end of guidance... 


Diamond on soil
Botswana Diamonds applies for licences over new AI-identified targets
20th January 2025 By: Marleny Arnoldi

London-listed Botswana Diamonds has applied for three prospecting licences to secure key anomalies identified by its recent AI-driven exploration programme. The company’s AI analysis, which was... 


Sector News

Magazine

Magazine round up | 17 January 2025
Magazine round up | 17 January 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

TARIFFS IN FOCUS: Once Donald Trump is sworn in as President of the US for a second time on January 20, global attention will turn to whether or not he follows through with his tariff plans. Trump recently denied a report that his aides were considering narrowing his tariff plan to specific critical imports, rather than the sweeping strategy outlined during his campaign. These, alongside specific plans for tariffs of up to 60% on Chinese imports and 25% on those from Mexico and Canada. Photograph: Bloomberg
TARIFFS IN FOCUS

Once Donald Trump is sworn in as President of the US for a second time on January 20, global attention will turn to whether or not he follows through with his tariff plans. Trump recently denied a... 

Photo of Martin Creamer
South Africa must go all out this year to regain ferroalloy renown

Year 2025 must be used to win back at least some of the huge market share that South Africa has lost in the ferrochrome and ferromanganese businesses. The smelters that turned ore into alloy in the... 

Photo of Terence Creamer
Unsurprising yet painful

News that the struggling Newcastle Works will close at the end of this month is yet another painful reminder of South Africa’s ongoing deindustrialisation. The development itself is not surprising,... 

Business Leader

Alpheus Mangale, group CEO of SEACOM
Alpheus Mangale

This week we profile Alpheus Mangale, group CEO of SEACOM, a provider of digital infrastructure and digital services  

Cartoon image
CRYPTO RISING

Besides the re-election of Donald Trump and the ongoing devastation in Gaza, Ukraine and Sudan, the incredible performance of crypto currencies, led by Bitcoin, was big news last year. Crypto... 

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pqt: 4.352s - ct: 4.668s - 298pq - 2rq
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