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Mark Cutifani
Veteran mining banker teams up with former Anglo American CEO Cutifani to chase M&A revival
13th January 2025 By: Bloomberg

In his two decades at Bank of America Corp as a mining banker, Omar Davis worked on several transactions with former Anglo American boss Mark Cutifani. They’ve now teamed up again to set up a... 


Gold mineralisation
US/China tension likely to drive demand for some commodities – Ninety One
13th January 2025 By: Marleny Arnoldi

This year is poised to have various influences impacting on commodity markets, including Donald Trump’s re-election as US President, says private baking organisation Ninety One. In unpacking the... 


Zinc stacked
BMI unpacks lower-price outlook for zinc
13th January 2025 By: Marleny Arnoldi

Market analyst BMI has maintained its zinc price forecast for this year at $2 650/t owing to weaker supply and demand dynamics; however, refined zinc production will likely trend higher this year... 


Tharisa mine in South Africa’s North West.
Underground feasibility progressing, early works capital being deployed – Tharisa
13th January 2025 By: Martin Creamer

A well progressing Tharisa mine underground definitive feasibility study accompanied by early works capital deployment is reported by Johannesburg- and London-listed platinum group metals (PGMs)... 


Thor Explorations drilling at Douta project
Thor Explorations increases output, progresses various drill programmes
13th January 2025 By: Marleny Arnoldi

TSX-V- and Aim-listed Thor Explorations, which owns and operates the Segolila mine, in Nigeria, has increased its gold production to 85 057 oz in the year ended December 31, compared with the 84... 


India Prime Minister Narendra Modi (left) with South African President Cyril Ramaphosa during 2023 visit.
India targeting five-million tons of green hydrogen a year by 2030, PM announces
10th January 2025 By: Martin Creamer

India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen... 


Caterpillar machine and logo
Caterpillar celebrates its 100-year anniversary
10th January 2025 By: Darren Parker

NYSE-listed Caterpillar has marked 2025 as its 100-year anniversary. The globally recognised original equipment manufacturer (OEM) technically turns 100 on April 15, which is when, in 1925, Holt... 


Indonesia sets 2025 nickel ore mining quota at around 200Mt
10th January 2025 By: Reuters

Indonesia has set a quota of around 200-million metric tons for nickel ore mining this year, a senior mining ministry official said on Friday, adding this could be cut if miners failed to comply... 


Gold
Thor confirms down-dip continuity of mineralisation at Segilola
10th January 2025 By: Marleny Arnoldi

TSX-V- and Aim-listed Thor Explorations has uncovered promising mineralisation near the Segilola gold mine, in Nigeria, as part of an ongoing diamond drilling programme. The programme is... 


President-elect Donald Trump has reiterated his interest in taking control of Greenland. Denmark has repeatedly said the island, a self-governing part of its kingdom, is not for sale.
US lobbied Greenland rare earths developer Tanbreez not to sell to China
10th January 2025 By: Reuters

US and Danish officials lobbied the developer of Greenland's largest rare earths deposit last year not to sell its project to Chinese-linked firms, its CEO told Reuters, adding it has been in... 


The nuGen™ green hydrogen fuel cell truck retrofitted from a diesel-powered vehicle.
Mining needs to commit to intensified decarbonisation goals, consulting firm shows
9th January 2025 By: Martin Creamer

The mining industry needs to commit to an intensified pursuit of decarbonisation goals amid the rate of greening being too slow to meet science-based targets, consulting services firm dss+ points... 


Phase 2 DFS drilling starts at Barroso lithium project
9th January 2025 By: Schalk Burger

Lithium mineral resource project developer Savannah Resources has recommenced drilling as it moves towards the finalisation of the definitive feasibility study (DFS) for the Barroso lithium... 


Gold ETFs drew first net inflow in four years in 2024, WGC says
Gold ETFs drew first net inflow in four years in 2024, WGC says
9th January 2025 By: Reuters

Physically backed gold exchange-traded funds (ETFs) registered a modest net inflow of $3.4-billion in 2024, their first inflow in four years, even though their holdings fell by 6.8-metric tons, the... 


Glencore loses senior aluminum traders to rivals Vitol, Mercuria
Glencore loses senior aluminum traders to rivals Vitol, Mercuria
9th January 2025 By: Bloomberg

Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war... 


Two bids made for Glencore stake in New Caledonia's Koniambo Nickel
8th January 2025 By: Reuters

Two potential buyers for Glencore's stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have submitted offers following site visits late last year, KNS said. Part of a... 


State Diamond Trader CEO Nosi Mzamo.
State Diamond Trader to showcase South Africa’s diamond industry role
8th January 2025 By: Martin Creamer

South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day of the 2025 South Africa Diamond Show will focus on themes that include... 


An image showing Kagem Mining
Gemfields urges Zambia to reconsider emerald export duty
8th January 2025 By: Tasneem Bulbulia

London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% export duty on precious gemstones, which would directly impact the emeralds... 


Cauchari Olaroz
Stubbornly resilient lithium supply remains hurdle to recovery
8th January 2025 By: Bloomberg

A persistent lithium glut and the prospect that some mines could be restarted if prices rise means the battery metal is unlikely to mount a significant recovery this year. Lithium prices have... 


Battery minerals demand expected to outpace supply - McKinsey
Battery minerals demand expected to outpace supply - McKinsey
8th January 2025 By: Schalk Burger

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 


Anglo providing millions of zero-emission kilometres for thousands of European passengers.
Anglo delivering more platinum-based hydrogen fuel cell mobility options across Europe
7th January 2025 By: Martin Creamer

South Africa-linked Anglo American is delivering new platinum group metals (PGM)-catalysed hydrogen-powered fuel cell electric vehicle (FCEVs) mobility options across Europe. The London- and... 


Anglesey welcomes council feedback on Parys Mountain scoping report
7th January 2025 By: Schalk Burger

Mining company Anglesey has announced that the county council has approved the Parys Mountain mine environmental impact assessment (EIA) scoping report. The North Wales Minerals and Waste Planning... 


Tirupati announces more executive appointments amid restructuring
7th January 2025 By: Marleny Arnoldi

London-listed Tirupati Graphite has appointed Anthony James Nieuwenhuys as executive director and co-CEO alongside Shishir Poddar in anticipation of a full executive power transfer to Nieuwenhuys... 


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... 


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... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


Andrada reports positive third-quarter production results
20th December 2024 By: Simone Liedtke

Aim-listed critical raw materials producer Andrada Mining reported a 15% year-on-year increase in contained tin production to 232 t for the third quarter of the 2025 financial year, ended November... 


An underground copper mine in Zambia
Mercuria partners with Zambia on metals trading venture
20th December 2024 By: Bloomberg

Mercuria Energy Group is teaming up with Zambia on a metals trading venture, the latest example of a commodity house partnering with a mineral-rich state to secure access to key resources. Mercuria... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


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... 


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