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Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
20th February 2025 By: Reuters

Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in Sydney, its CEO told Reuters on Wednesday as the miner reported its lowest... 


AngloGold CEO Alberto Calderon
Higher gold price boosts AngloGold’s headline earnings, free cash flow
19th February 2025 By: Sabrina Jardim

Global gold mining company AngloGold Ashanti has reported a nine-fold year-on-year increase in free cash flow to $942-million for the financial year ended December 31, while adjusted earnings... 


Fortescue secures over 90% of Red Hawk
19th February 2025 By: Creamer Media Reporter

ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


South Harz secures funding for German potash project
19th February 2025 By: Mariaan Webb

ASX-listed South Harz Potash has raised A$500 000 through the issue of 50-million fully paid ordinary shares to advance its Ohmgebirge potash development in Germany. The placement includes A$149... 


Iluka CEO Tom O'Leary
Iluka’s new mineral sands mine nears commissioning
19th February 2025 By: Mariaan Webb

Australian miner Iluka Resources is progressing its mineral sands and rare earths strategy, with the company set to commission its Balranald mine in the second half of 2025 while advancing studies... 


The Stillwater mine
Sibanye-Stillwater flags narrowed 2024 full-year loss a share; a further $500m impairment
19th February 2025 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Sovereign completes Kasiya testwork
19th February 2025 By: Sabrina Jardim

ASX-listed Sovereign Metals has reported that testwork completed on graphite from its Kasiya rutile/graphite project, in Malawi, has confirmed that the project’s graphite has the key... 


Copper falls as Citi predicts prices will retreat on US tariffs
Copper falls as Citi predicts prices will retreat on US tariffs
19th February 2025 By: Bloomberg

Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical... 


Westgold confirms potential Lakewood mill sale
Westgold confirms potential Lakewood mill sale
19th February 2025 By: Mariaan Webb

Dual-listed gold miner Westgold Resources said on Wednesday that the review of its expanded portfolio remained ongoing and confirmed that it could include the potential sale of the Lakewood... 


Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
19th February 2025 By: Mariaan Webb

Japanese conglomerate Mitsui & Co has announced a $5.34-billion acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. As part of the transaction, Mitsui will acquire VOC... 


Santos CEO Kevin Gallagher
Santos posts lower profits and slashes dividend, but sees growth ahead
19th February 2025 By: Reuters

Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit and slashed its dividend by 41% on Wednesday, but remained confident it was reaching an "inflection... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


BHP raises $3bn through US bond issue
BHP raises $3bn through US bond issue
19th February 2025 By: Reuters

BHP Group, the world's largest listed miner, on Wednesday said it raised $3-billion through an issue of senior unsecured bonds in the United States. The bonds will be issued in three tranches by... 


Mineral Resources CEO Chris Ellison
Mineral Resources sees worst day in 16 yrs on production woes, higher costs
19th February 2025 By: Reuters

Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron... 


Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
19th February 2025 By: Reuters

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 


Cobalt Blue diversifies, proposes name change
Cobalt Blue diversifies, proposes name change
18th February 2025 By: Creamer Media Reporter

ASX-listed Cobalt Blue Holdings (COB) on Tuesday announced an earn-in agreement with AuKing Mining for the Halls Creek project in Kimberley, Western Australia. The earn-in agreement diversifies... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


St Barbara disputes PNG tax assessment
St Barbara disputes PNG tax assessment
18th February 2025 By: Mariaan Webb

Australian gold miner St Barbara has rejected a tax assessment issued by Papua New Guinea’s Internal Revenue Commission (IRC), which demands about A$175-million in additional taxes and penalties.... 


Goldman raises gold target to $3 100 on central-bank appetite
Goldman raises gold target to $3 100 on central-bank appetite
18th February 2025 By: Bloomberg

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the... 


Winsome raises cash for Canada lithium project
18th February 2025 By: Creamer Media Reporter

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec.... 


Barro Alto nickel in Brazil
MMG to acquire Anglo American's nickel business for $500m
18th February 2025 By: Mariaan Webb

Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes... 


Robert Friedland
Billionaire Friedland’s iron-ore miner seeks up to A$300m in Australia IPO
18th February 2025 By: Bloomberg

Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people... 


Australia should supply uranium for nuclear power, says US energy secretary
18th February 2025 By: Reuters

The United States "would love to" see Australia supplying uranium for nuclear power, US Energy Secretary Chris Wright said on Monday, speaking at a conference in London. "I would love to see... 


The Pluto LNG plant
Woodside, Santos face earnings dip; growth projects in focus
18th February 2025 By: Reuters

Woodside Energy and Santos, Australia's top oil and gas producers, are expected to log a modest fall in annual earnings, with investors seeking more clarity on dividend payouts amid lingering... 


BHP CEO Mike Henry
BHP CEO strikes upbeat tone despite profit decline
18th February 2025 By: Mariaan Webb

Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted... 


DFS confirms viability of Lithium Universe's Bécancour refinery
17th February 2025 By: Mariaan Webb

ASX-listed Lithium Universe has confirmed the economic feasibility of its Bécancour lithium carbonate refinery in Québec, Canada, following the completion of a definitive feasibility study (DFS).... 


Cyclone and Vale ink $138m deal for Canada iron-ore project
Cyclone and Vale ink $138m deal for Canada iron-ore project
17th February 2025 By: Mariaan Webb

ASX-listed Cyclone Metals on Monday announced a binding commercial agreement with Vale for the joint development of the Iron Bear iron-ore project in Canada. Under the terms of the agreement,... 


Chalice reports metallurgical 'breakthrough' at Gonneville
Chalice reports metallurgical 'breakthrough' at Gonneville
17th February 2025 By: Creamer Media Reporter

ASX-listed Chalice Mining has announced a metallurgical breakthrough at its Gonneville project, in Western Australia, successfully producing saleable copper and nickel concentrates from low-grade... 


CEO Craig Miller
Craig Miller excited at prospect of demerged AngloPlat being resurgent PGM producer
17th February 2025 By: Martin Creamer

Soon-to-be renamed Anglo American Platinum is being positioned to be as competitive as possible for the long term and to deliver on its full potential for all of stakeholders, CEO Craig Miller made... 


Burgundy secures fuel offtake deal to ease seasonal cash flow
Burgundy secures fuel offtake deal to ease seasonal cash flow
17th February 2025 By: Creamer Media Reporter

ASX-listed Burgundy Diamond Mines has secured a fuel offtake agreement with Macquarie Bank, a deal designed to smooth out seasonal cash flow challenges at its Ekati diamond mine in Canada’s remote... 


Anglo American CE Duncan Wanblad
Anglo American sets out June demerger timeline for Anglo American Platinum
17th February 2025 By: Martin Creamer

Diversified mining major Anglo American plc reported on Monday that it had made significant progress towards its demerger of Anglo American Platinum, which has announced dividends totalling... 


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