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Fortuna exits Burkina Faso with $130m sale of Yaramoko mine
Fortuna exits Burkina Faso with $130m sale of Yaramoko mine
11th April 2025 By: Mariaan Webb

Canadian precious metals company Fortuna Mining has agreed to sell its Burkina Faso assets, including the Yaramoko gold mine, to privately held Soleil Resources International for total consideration of about $130-million, marking a "prudent" exit... 


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Gold slips from record as Trump tariff agenda stays in spotlight
Gold slips from record as Trump tariff agenda stays in spotlight
14th April 2025 By: Bloomberg

Gold edged down from a record as markets weighed the latest US trade news from President Donald Trump, who has driven a flight to safety assets amid mounting confusion over his tariff agenda.... 


An image of the Haib copper project
Koryx lists on the Namibia Securities Exchange
11th April 2025 By: Tasneem Bulbulia

Canadian copper company Koryx Copper has met all the requirements for a dual-listing on the Namibia Securities Exchange (NSX), with trading having started on April 10. There will be no change to... 


Damang mine, in Ghana
Gold Fields ordered to vacate Damang mine area by April 18
14th April 2025 By: Marleny Arnoldi

The Minerals Commission of Ghana has rejected JSE-listed Gold Fields’ application for an extension of the Damang main mining lease for another 30 years and instructed the company to cease... 


Platinum smelting
PTM advances smelting study alongside Waterberg pre-build development
14th April 2025 By: Marleny Arnoldi

TSX- and NYSE-listed Platinum Group Metals (PTM) says its near-term objective remains advancing the Waterberg platinum group metals (PGM) project, in South Africa, to a development and construction... 


Copper, nickel intersected at Tertiary’s Zambia project
14th April 2025 By: Tasneem Bulbulia

Aim-listed Tertiary Minerals has announced the completion of an initial scout drilling programme of three diamond drill holes for a total length of about 554 m at the Mukai copper project, in... 


Control room at Black Rock manganese ore mine.
Assmang refutes illegal sugilite mining allegations
14th April 2025 By: Martin Creamer

Mining company Assmang on Monday refuted allegations that it engages in the illegal mining of sugilite at the Black Rock mine in the Northern Cape. Sugilite is described as a pink to purple... 


An image showing solar panels at the Blanket mine
Caledonia sells Zimbabwean solar operator subsidiary
14th April 2025 By: Tasneem Bulbulia

London-listed Caledonia Mining on April 11 completed the sale of its Zimbabwean subsidiary Caledonia Mining Services (CMS) to CrossBoundary Energy Holdings (CBE) for a pre-tax consideration of... 


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China’s commodities imports shrink bar oil as trade woes worsen
China’s commodities imports shrink bar oil as trade woes worsen
14th April 2025 By: Bloomberg

China’s commodities imports mostly fell year-on-year in March, the last full month before the Trump administration choked off bilateral trade by imposing punitive levies on Chinese goods. With the... 


China to keep building coal plants through 2027
14th April 2025 By: Reuters

China plans to keep building coal-fired power plants through 2027 in regions where they are needed to meet peak power demand or stabilise the grid, according to government guidelines for upgrading... 


Exxaro CEO Ben Magara and Eskom CEO Dan Marokane sign MoU to collaborate on coal emissions
Exxaro views collaboration with Eskom as key to lowering of Scope 3 emissions
14th April 2025 By: Terence Creamer

JSE-listed coal and energy group Exxaro Resources and State-owned electricity producer Eskom have announced they will collaborate on research initiatives and projects to reduce carbon emissions and... 


India's polished diamond exports hit two-decade low, industry group says
India's polished diamond exports hit two-decade low, industry group says
14th April 2025 By: Reuters

India's exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024/25 fiscal year, which ended in March, on sluggish demand from the United States and... 


MC Mining continues positive momentum in governance
14th April 2025 By: Sabrina Jardim

JSE-, ASX- and Aim-listed MC Mining has appointed Wang Lanlan (Lily) and Dr Huoxin Wang (Hevin) as nonexecutive directors, following the resignation of nonexecutive director An Chee Sin from the... 


Jubilee vice-chairperson Dr Mathews Phosa
Phosa to succeed Oliveira as Jubilee chairperson
14th April 2025 By: Sabrina Jardim

Aim-listed Jubilee Metals’s chairperson Ollie Oliveira will retire with effect from April 30, and will be succeeded by current vice-chairperson Dr Mathews Phosa. Phosa will also assume Oliveira’s... 


Eskom CEO Dan Marokane
Marokane says Eskom must be given ‘space’ to pursue renewables strategy
14th April 2025 By: Terence Creamer

Eskom CEO Dan Marokane has appealed for the State-owned utility to be given “space” to implement its renewable-energy strategy, insisting that it is not designed to “crowd out” private competitors... 


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Deadly landslide in Indonesia’s nickel hub signals supply risk
14th April 2025 By: Bloomberg

A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the... 


De Grey's Hemi gold project
Gold Road backs Northern Star’s De Grey takeover
14th April 2025 By: Mariaan Webb

Gold Road Resources says it will vote in favour of Northern Star Resources’ proposed takeover of De Grey Mining, in a move that could see the midtier gold producer receive more than $1-billion in... 


Kincora expands AngloGold partnership, boosts porphyry exploration funding
Kincora expands AngloGold partnership, boosts porphyry exploration funding
14th April 2025 By: Mariaan Webb

Junior explorer Kincora Copper has secured a second earn-in and joint venture agreement with gold major AngloGold Ashanti, expanding exploration efforts across the Northern Junee-Narromine Belt... 


Associate Professor Cristiana Ciobanu, Professor Nigel Cook and Dr Kathy Ehrig.
New mineral ehrigite named after BHP geologist
14th April 2025 By: Creamer Media Reporter

The International Mineralogical Association (IMA) has officially recognised a new mineral – ehrigite – named after BHP superintendent for geometallurgy, Dr Kathy Ehrig, honouring her decades-long... 


Rio Tinto and Mitsui's Robe River JV makes binding offer for CZR’s Pilbara project
Rio Tinto and Mitsui's Robe River JV makes binding offer for CZR’s Pilbara project
14th April 2025 By: Mariaan Webb

ASX-listed CZR Resources has received a binding A$75-million cash offer from the Robe River Joint Venture (RRJV) participants to acquire its interest in the Robe Mesa iron-ore project, in Western... 


Lindian starts early works at Malawi rare earths project
11th April 2025 By: Creamer Media Reporter

Australia-listed Lindian Resources has kicked off early-stage site works at its Kangankunde rare earths project in Malawi. The company said on Friday that civil and infrastructure development was... 


ASM says China REE curbs reinforce need for alternative supply chains
11th April 2025 By: Creamer Media Reporter

Sydney-listed Australian Strategic Materials said China’s newly announced export restrictions on rare earth elements (REEs) underscore the urgent need to establish secure and diversified global... 


Sector News

Magazine

Magazine Cover Image
Magazine round up | 11 April 2025

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

EMISSION PERMISSION: Eskom has been granted air-pollution exemptions for eight coal power stations, including Kendal pictured here, that would otherwise have been forced to shut on April 1. The decision was not unexpected considering the country’s tight supply/demand balance. But the move remains controversial because of the serious health impacts associated the high level of sulphur dioxide, particulate matter and nitrous oxide emissions from the plants. Photograph: Creamer Media
EMISSION PERMISSION

Eskom has been granted air-pollution exemptions for eight coal power stations, including Kendal pictured here, that would otherwise have been forced to shut on April 1. The decision was not... 

Photo of Martin Creamer
South Africans must look forward, work together, grow the economy

Now is the time for South Africans to collectively keep their eyes on the prize of elevating economic growth to the highest possible level in the shortest possible time. Looking forward and working... 

Photo of Terence Creamer
Back to the future?

There’s some concern that government is delaying the inevitable, after more support was extended to ArcelorMittal South Africa (AMSA) to facilitate a six-month pause of the shutdown of its longs... 

Business Leader

Telly Chauke, CEO of Petco
Telly Chauke

This week we profile Telly Chauke, CEO of Petco, a producer responsibility organisation incorporated in 2004 that administers extended producer responsibility schemes on behalf of its members for... 

TARIFF WALL: Ahead of his first Presidential term, Donald Trump campaigned on building a wall on the US-Mexico border that he insisted Mexicans would pay for. In his second, the US President is building tariff walls and insisting that the costs will be borne by the exporting countries. Economic history and theory show that US businesses and consumers will be the ones paying the initial costs, however.
TARIFF WALL

Ahead of his first presidential term, Donald Trump campaigned on building a wall on the US-Mexico border that he insisted Mexicans would pay for. In his second, the US President is building tariffs... 

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