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Australasia

New Hope trims 2025 guidance on New Acland rail constraints
New Hope trims 2025 guidance on New Acland rail constraints
19th May 2025 By: Mariaan Webb

Coal miner New Hope has lowered its 2025 financial year guidance, citing ongoing rail capacity and performance issues affecting its New Acland mine, in Queensland. The ASX-listed miner, which also... 


Lithium extraction
Scaled royalty terms bolster Anson's Utah lithium prospects
19th May 2025 By: Mariaan Webb

Australia-listed Anson Resources has received approval for a modified royalty structure on its lithium lease in Utah, which will reduce costs at lower prices and improve project economics for its... 


Malcolm Bundey
Mineral Resources names next chairperson
19th May 2025 By: Reuters

Australia's Mineral Resources on Monday named outsider Malcolm Bundey as non-executive chair, replacing James McClements after a decade in the role and sending shares of the lithium miner down 9%... 


Gold Fields awards A$500m Agnew contract extension to Perenti
Gold Fields awards A$500m Agnew contract extension to Perenti
19th May 2025 By: Creamer Media Reporter

Mining services group Perenti has announced a contract extension worth about A$500-million to continue providing underground mining services at JSE- and NYSE-listed Gold Fields’ Agnew gold mine in... 


Australia’s richest woman doubles US stocks bet to $2.5bn
16th May 2025 By: Bloomberg

Billionaire mining magnate Gina Rinehart poured hundreds of millions of dollars into broad market-tracking funds during the first three months of the year, boosting holdings of US equities as... 


iron-ore
BMI expects iron-ore price to decline steadily over the next decade
16th May 2025 By: Marleny Arnoldi

Research agency BMI maintains that the iron-ore price will average $100/t this year, with expected subdued demand and weighed down prices as a result. Although iron-ore will remain supported by... 


Mogalakwena platinum mine.
Mining is key to strengthening domestic economy plus uplifting geopolitical status
16th May 2025 By: Martin Creamer

Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption.... 


Kaiser completes Henty deal
16th May 2025 By: Creamer Media Reporter

ASX-listed Kaiser Reef has completed its acquisition of the Henty gold mine in Tasmania from Catalyst Metals. The A$31.6-million acquisition includes the high-grade Henty underground operation and... 


Chinese gold miner Chifeng scours globe for takeover targets
Chinese gold miner Chifeng scours globe for takeover targets
16th May 2025 By: Bloomberg

A major Chinese gold producer is scouting for acquisition opportunities around the world, although the recent price volatility driven by global trade turmoil means it’s not rushing to secure... 


Hastings, Wyloo ink Yangibana JV deal
Hastings, Wyloo ink Yangibana JV deal
16th May 2025 By: Mariaan Webb

ASX-listed Hastings Technology Metals has announced a binding agreement with Wyloo Consolidated Investments to form a joint venture (JV) over the Yangibana rare earths and niobium project, giving... 


The underused Plutonic processing plant
Catalyst’s third Plutonic Belt mine ready for development
16th May 2025 By: Creamer Media Reporter

All regulatory approvals are in hand for Catalyst Metals to begin mining at the Trident gold deposit, about 30 km from the Plutonic processing plant, in Western Australia. This follows final... 


The Taranaki VTM project is located 22 km off the South Taranaki Bight coast.
Manuka's project advances to next phase of NZ fast-track process
16th May 2025 By: Creamer Media Reporter

ASX-listed Manuka Resources’ wholly owned subsidiary, Trans-Tasman Resources, has received confirmation from the Environmental Protection Authority (EPA) that its application for the Taranaki VTM... 


China export curbs propel tungsten to highest since 2013
16th May 2025 By: Reuters

European tungsten prices surged this month to their highest in more than a decade, as traders scrambled for supplies after China imposed export curbs and reduced quotas on the metal used in... 


Lynas begins first heavy rare earth output outside China
Lynas begins first heavy rare earth output outside China
16th May 2025 By: Mariaan Webb

Australia's Lynas Rare Earths has achieved first production of dysprosium oxide at its Malaysian plant, making it the only commercial producer of separated heavy rare earths outside China. The... 


Syrah targets Balama graphite restart by end of June quarter
15th May 2025 By: Creamer Media Reporter

ASX-listed Syrah Resources is aiming to resume natural graphite production at its Balama operation in Mozambique before the end of the June 2025 quarter, following the restoration of site access... 


Northern Star hikes mineral resources, highlights exploration success
Northern Star hikes mineral resources, highlights exploration success
15th May 2025 By: Creamer Media Reporter

ASX-listed Northern Star Resources has reported a 9.4-million-ounce increase in its group mineral resources to 70.7-million ounces and a 1.4-million-ounce rise in ore reserves to 22.3-million... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


Rio Tinto CEO Jakob Stausholm
Lithium Triangle ‘right place’ for world to source lithium – Rio Tinto CEO
15th May 2025 By: Mariaan Webb

Diversified miner Rio Tinto is betting on the Lithium Triangle of South America to play a central role in meeting the world’s rising lithium demand, with CEO Jakob Stausholm describing the region... 


A palladium bar
Palladium market seen moving to balance after years of deficit, says Johnson Matthey
15th May 2025 By: Reuters

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 


Copper smelting
JP Morgan forecasts rise in copper, aluminium prices in second half of year
15th May 2025 By: Reuters

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 


Aerial view of Ngualla Hill
Shenghe moves to acquire Peak Rare Earths in A$158m deal
15th May 2025 By: Mariaan Webb

ASX-listed Peak Rare Earths on Wednesday announced a binding scheme implementation deed with Ganzhou Chenguang Rare Earths New Material, a wholly-owned subsidiary of Chinese rare earths major... 


The spinout will enable Delta to continue focusing on its lithium assets.
Delta Lithium unveils details of gold spin-out
15th May 2025 By: Mariaan Webb

Western Australian exploration and development company Delta Lithium has confirmed it will proceed with the demerger and initial public offering (IPO) of its Mt Ida gold assets through the creation... 


Platinum cathode needed in PEM fuel cells.
Platinum uplift likely as particularly China, California gear for green hydrogen mobility
14th May 2025 By: Martin Creamer

While South Africa’s latest green hydrogen development is a request for information (RFI) involving the East London Industrial Development Zone becoming the site for a greenfield green hydrogen... 


Lindian makes funding progress for Kangankunde rare earths project
14th May 2025 By: Creamer Media Reporter

Development of Lindian Resources’ flagship Kangankunde rare earths project in Malawi is picking up pace, with early site works progressing ahead of schedule and a range of funding proposals now... 


BHP CEO Mike Henry
BHP CEO sees trade war risks but says miner’s commodity mix is resilient
14th May 2025 By: Mariaan Webb

Diversified miner BHP CEO Mike Henry said on Tuesday that the mining giant was well-positioned to weather a range of global trade outcomes, including an escalated trade war, as the company focused... 


Iron-ore bounces back to six-week high on trade-war truce hopes
14th May 2025 By: Bloomberg

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries. Futures of the steel-making ingredient reached a... 


Chilalo graphite
Evolution Energy outlines new gold-focused strategy
14th May 2025 By: Creamer Media Reporter

ASX-listed Evolution Energy Minerals has unveiled a new strategic direction focused on acquiring gold development assets in Africa, with the backing of its largest shareholder, Sustainable... 


Burgundy shifts sales strategy, closes Perth polishing facility
Burgundy shifts sales strategy, closes Perth polishing facility
14th May 2025 By: Creamer Media Reporter

Canada-focused Burgundy Diamond Mines said on Tuesday that it would refine its approach to the high-end diamond market by forging new partnerships with manufacturers, traders, and luxury brands,... 


Global cobalt market seen swinging to deficit from surplus in early 2030s
Global cobalt market seen swinging to deficit from surplus in early 2030s
14th May 2025 By: Reuters

Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in a research on... 


Menar MD Vuslat Bayoglu.
Menar hopeful US-SA trade relations will be normalised soon to avoid dual adversity
13th May 2025 By: Martin Creamer

Mining company Menar is very hopeful that trade relations between South Africa and the US are normalised very soon, and points out that if they are not, the US will also be adversely affected and... 


Peninsula receives major regulatory approval for Kendrick
13th May 2025 By: Creamer Media Reporter

ASX-listed Peninsula Energy announced on Tuesday that it had secured the final regulatory approvals required to start uranium recovery operations at the Kendrick production area within its Lance... 


Rio Tinto expects first iron ore shipment from Guinea's Simandou in November
13th May 2025 By: Reuters

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.... 


Rough diamonds being sorted
De Beers secretly sells discounted diamonds to selected traders
13th May 2025 By: Bloomberg

De Beers has been quietly selling rough diamonds at sharply marked-down prices to a small handful of customers, in a highly unusual move that’s fuelling tensions across an industry already mired in... 


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