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Australasia

Trump’s push for deep-sea metals clashes with UN ocean treaty
2nd May 2025 By: Bloomberg

President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now he’s eyeing the global seabed that holds vast troves of critical metals for green technologies but is... 


Drilling at Siguiri in Guinea.
AngloGold agrees sale of Côte d’Ivoire projects, acquisition of Guinea project
2nd May 2025 By: Martin Creamer

The New York- and Johannesburg-listed AngloGold Ashanti has agreed to sell its interests in two gold projects in Côte d’Ivoire and simultaneously acquire a project in Guinea, alongside its Siguiri... 


Australia boasts rare trade surplus with US on gold frenzy
2nd May 2025 By: Reuters

Australia has boasted its best three-month run of exports to the United States as President Donald Trump's tariff policies sparked a rush to buy gold, turning a rare US trade surplus into a... 


Rio Tinto has not fulfilled core pledge five years on from Juukan, Aboriginal group says
2nd May 2025 By: Mariaan Webb

Rio Tinto has not modernised its agreement with an Aboriginal group on whose lands it mines iron ore, failing to fulfil a commitment made five years ago when it destroyed an important Aboriginal... 


Rio survives activist investor push to end dual listing
Rio survives activist investor push to end dual listing
2nd May 2025 By: Bloomberg

Rio Tinto Group survived an attempt by an activist investor to force it to review its dual listing structure, with not enough shareholders backing the proposal. Rio had urged shareholders to... 


Rio Tinto chairperson Dominic Barton addressing the company's annual general meeting.
Rio Tinto to invest $13.3bn in Pilbara mines over next three years
2nd May 2025 By: Mariaan Webb

Diversified mining company Rio Tinto has reaffirmed its commitment to the Pilbara region, revealing plans to invest $13.3-billion in new mines and equipment over the next three years. Chairperson... 


Gold Road halts trading due to speculation over transaction
Gold Road halts trading due to speculation over transaction
2nd May 2025 By: Bloomberg

Gold Road Resources shares were suspended from trading in Sydney, with the miner citing “media speculation regarding a potential change of control transaction”. The suspension will be lifted when... 


DRDGOLD Chairperson Tim Cumming.
Gold price sustaining opportunity to mine for longer, says DRDGOLD chairperson
30th April 2025 By: Martin Creamer

The current gold price is improving margins, sustaining the opportunity for existing miners to mine for longer, and probably creating new opportunities. That is the view of DRDGOLD chairperson Tim... 


The Lulo mine
Lucapa achieves higher first-quarter carat recoveries, revenue
30th April 2025 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company, which has assets in Angola and Australia, has recorded year-on-year increases in carat recoveries, grade, revenue and diamond price for the quarter ended March... 


St Barbara’s Simberi expansion targets 220 000 oz/y
30th April 2025 By: Creamer Media Reporter

Australia's St Barbara has confirmed strong economics for its Simberi expansion project in Papua New Guinea, following the completion of a pre-feasibility level plant study and an updated life of... 


An image showing the Makhado pit
MC Mining achieves significant development milestones at Makhado
30th April 2025 By: Tasneem Bulbulia

JSE-listed MC Mining’s Makhado steelmaking hard coking coal (HCC) project, in Limpopo, achieved significant development milestones towards commissioning of the coal handling and preparation plant... 


Theta Gold advances toward production with preconstruction at TGME plant
30th April 2025 By: Creamer Media Reporter

ASX-listed Theta Gold Mines has begun pre-construction work at its TGME gold processing plant in South Africa, moving the company closer to becoming a near-term gold producer. In an operational... 


Hot Chili’s Chile projects earn strategic status from government
30th April 2025 By: Creamer Media Reporter

Australian copper developer Hot Chili has secured priority status from the Chilean government for two of its key projects. The company’s flagship Costa Fuego copper/gold project, along with the... 


Record gold prices help keep China's copper smelters going despite losses
30th April 2025 By: Reuters

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 


An image of the Yaouré mine
Perseus maintains full-year production guidance
30th April 2025 By: Tasneem Bulbulia

ASX-listed Perseus Mining has maintained its full-year production guidance at between 469 709 oz and 504 709 oz of gold at an all-in sustaining cost (AISC) of between $1 250/oz and $1 280/oz, after... 


Flashback to Glencore's winter wheat pilot project in Mpumalanga.
Glencore produces 5% more South African energy coal in first quarter
30th April 2025 By: Martin Creamer

The energy coal produced by Glencore in South Africa in the first three months of this year was up on the first quarter of last year, the London- and Johannesburg-listed mining and marketing... 


An image of the Tshipi mine
Jupiter reports strong quarterly performance at Tshipi
30th April 2025 By: Tasneem Bulbulia

ASX-listed Jupiter Mines says that the Tshipi manganese mine, in South Africa, delivered an “outstanding” operational and financial performance in the third quarter ended March 31, with sales... 


The Greenbushes mine
IGO trims capex for Greenbushes lithium mine, Kwinana refinery
30th April 2025 By: Mariaan Webb

Australia’s IGO has trimmed capital spending plans for the Greenbushes lithium mine in Western Australia, lowering its 2025 capital expenditure (capex) forecast to between A$700-million and... 


Delta Lithium to spin off Mt Ida gold assets into Ballard Mining
30th April 2025 By: Mariaan Webb

Western Australian exploration and development company Delta Lithium is moving to spin off its Mt Ida gold assets into a separate entity, Ballard Mining, after a significant resource upgrade... 


Gold bars
Billionaire investor John Paulson sees gold near $5 000 by 2028
29th April 2025 By: Reuters

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 


commodities trading screens
Global commodity prices expected to drop to six-year low by 2026 – World Bank
29th April 2025 By: Darren Parker

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s... 


 	DRDGOLD CEO Niël Pretorius (right) interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.
Premature gold mine closure can no longer be allowed, says 130-year-old DRDGOLD
29th April 2025 By: Martin Creamer

With the gold price expected to be stronger for longer, hopes are high that South Africa’s five main remaining gold mining companies will maximise gold production and avoid repeating the gold... 


An image of Motheo mine
Sandfire delivers robust results despite headwinds
29th April 2025 By: Tasneem Bulbulia

ASX-listed Sandfire Resources says it delivered robust operating results in the quarter ended March 31, as its teams responded well to unprecedented rainfall at both Motheo, in Botswana, and its... 


Kore receives draft financing proposal for Kola project
29th April 2025 By: Tasneem Bulbulia

Potash development company Kore Potash has received the draft financing proposal and associated draft nonbinding term sheets for its 97%-owned Kola potash project, in Congo-Brazzaville, from the... 


Ramelius Mark Zeptner
Ramelius refines production guidance, free cash flow hits record levels
29th April 2025 By: Mariaan Webb

Precious metals miner Ramelius Resources has refined its full-year production guidance buoyed by a strong March quarter marked by standout performances at its Mt Magnet and Cue operations. The... 


Northern Star's KCGM
Northern Star trims FY25 production guidance, cites KCGM setbacks
29th April 2025 By: Mariaan Webb

Australian gold miner Northern Star Resources has lowered its full-year production guidance following operational challenges at its Kalgoorlie Consolidated Gold Mines (KCGM) operation, in Western... 


Syrah’s Balama graphite mine remains idle
Syrah’s Balama graphite mine remains idle
29th April 2025 By: Mariaan Webb

ASX-listed Syrah Resources’ Balama graphite operation in Mozambique remained suspended for the third consecutive quarter, with the company citing continued protest action and lack of government... 


An image showing the Minim Martap project map
Canyon subsidiary receives approval for access to land at Cameroon port
29th April 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources’ wholly-owned in-country subsidiary Camalco Cameroon has received approval from the Port Authority of Douala to secure access to the land at the Port of Douala, in... 


An image of Perseus MD and CEO Jeff Quartermaine
Perseus to proceed with $523m development of Tanzanian project
29th April 2025 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has taken a final investment decision (FID) to develop the Nyanzaga gold project, in Tanzania, following an update of the project’s feasibility study. Perseus has... 


Citic sees ‘turning point’ for China’s steel industry this year
Citic sees ‘turning point’ for China’s steel industry this year
29th April 2025 By: Bloomberg

China’s steel industry is expected to see a “turning point” this year on additional stimulus measures and production cuts, even as overseas tariffs put pressure on demand, according to Citic... 


Gold’s bullish sentiment seen easing as record rally stumbles
Gold’s bullish sentiment seen easing as record rally stumbles
29th April 2025 By: Bloomberg

The gold rally has outshone other asset classes this month — even drawing some comparisons to bitcoin — as President Donald Trump’s tariff war reshapes the global economic order, pushing investors... 


Lynas Rare Earths seeks US aid for Texas refinery as costs surge
29th April 2025 By: Mariaan Webb

Australia’s Lynas Rare Earths is in talks with the Trump administration to counter rising costs for the refinery it’s building in Texas, while at the same time warning that the president’s tariff... 


Woodside approves $17.5bn US LNG project, targets 2029 start
29th April 2025 By: Reuters

Australia's Woodside Energy announced on Monday it has approved a $17.5-billion investment for the construction of a liquefied natural gas (LNG) plant in Louisiana. It is the first financial... 


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