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The Husab uranium mine in Namibia
Namibia seeks investment in nuclear power from China
7th January 2025 By: Bloomberg

Namibia, one of the world’s largest uranium producers, is seeking investment from China in nuclear power to boost its role in the global push to clean energy. “We want to add value to our uranium... 


An image showing the Inkai project
Inkai JV suspension catches Cameco by surprise
6th January 2025 By: Tasneem Bulbulia

Production activity at block No. 1 of the Inkai uranium deposit in Kazakhstan has been temporarily suspended, a move that has caught joint venture (JV) partner Cameco off guard. In response to... 


Barrick president and CEO Mark Bristow.
Barrick remains committed to constructive engagement with Mali government
6th January 2025 By: Martin Creamer

New York- and Toronto-listed Barrick Gold remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali, West Africa. In addition, an interim attachment order has now been... 


China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
6th January 2025 By: Reuters

China's iron-ore imports are likely to hit a new high in 2025 as traders stockpile cheap ore for the world's top consumer despite a protracted property crisis continuing to weigh on Chinese steel... 


Freeport Indonesia in talks with government on copper concentrate exports
6th January 2025 By: Reuters

PT Freeport Indonesia (PTFI) is in discussions with the government about being able to continue copper concentrate exports until its new Manyar smelter returns to full operations, a spokesperson... 


Goldman pushes back $3 000 gold forecast on fewer US rate cuts
Goldman pushes back $3 000 gold forecast on fewer US rate cuts
6th January 2025 By: Bloomberg

Goldman Sachs Group said it no longer sees gold reaching $3 000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate cuts.... 


Mongolia reaches deal for $1.6bn uranium mine with France's Orano
27th December 2024 By: Mariaan Webb

Mongolia said on Friday it had reached a preliminary agreement with France's Orano Mining Group to develop a long-expected uranium mining project worth $1.6-billion. A draft agreement for the deal... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


Coal mining in Australia
China's coal imports from Australia rise to highest level since April 2020
20th December 2024 By: Reuters

China's coal imports from Australia rose to their highest in more than four years in November, customs data showed on Friday, as shipments continue to recover from an unofficial ban on Australian... 


Hands holding a shard of graphite
China’s niche metals export ban lifts prospects for Canada firms
19th December 2024 By: Bloomberg

China’s move to ban exports of niche metals to the US is creating opportunities for Canadian producers — though tariff threats by the incoming Trump administration may limit their prospects. A trio... 


Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


Nornickel in talks with Xiamen C&D to shift copper smelting to China
19th December 2024 By: Reuters

Chinese conglomerate Xiamen C&D and Russia's Nornickel are in talks to create a joint venture in China to process Nornickel's copper raw material into metal, two sources with knowledge of the... 


Glencore in talks to sell its Philippine copper smelting unit
19th December 2024 By: Bloomberg

Glencore is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions with at... 


An openpit coal mine
A glut of coal in China is set to push falling prices even lower
19th December 2024 By: Bloomberg

China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further. A gauge of... 


India re-examining record Nov gold imports, sources say
19th December 2024 By: Reuters

The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the rupee to an all-time low, two government sources aware... 


Barrick president and CEO Dr Mark Bristow.
Barrick seeks fair resolution in Mali through arbitration
18th December 2024 By: Martin Creamer

New York- and Toronto-listed Barrick Gold Corporation on Wednesday, December 18, confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de... 


Gold jewellery
Indians opt for lighter, lower carat jewellery as gold prices soar
18th December 2024 By: Reuters

Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. "I wanted to gift my daughter 80 g of gold,... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Gold jewellery on sale in India
India's gold imports to plunge in December after record November
17th December 2024 By: Reuters

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


India to decide soon whether to curb steelmaking raw material imports, source says
12th December 2024 By: Reuters

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters. India,... 


Coal stockpiles
China tightens rules to curb methane emissions from coal mines
12th December 2024 By: Reuters

China will impose tougher curbs on the amount of methane released during coal extraction in an effort to reduce emissions of the powerful climate-warming gas, the environment ministry said on... 


Glencore ties up with Cyclic Materials in copper recycling push
11th December 2024 By: Reuters

Canadian rare earth and metals recycler Cyclic Materials Inc will supply at least 10 000 metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to... 


Further measures to lower exposure to diesel particulate matter.
New commitment to reduce exposure to diesel emissions in underground mines
11th December 2024 By: Martin Creamer

A most fundamental human need is to breathe fresh air. Yet, for millions of people working in underground mines across the globe, this is not a given. Now, members of the international ICMM mining... 


gold bars
Gold’s record-level performance in 2024 likely to continue into 2025 – Heraeus
11th December 2024 By: Darren Parker

The trends that helped propel gold to record levels this year look set to continue in 2025, according to the ‘Precious Metals Forecast 2025’ published by German precious metals trader Heraeus... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


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