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Globally, the mining sector – except the gold industry – had a challenging 2024, with declining revenues and earnings before interest, taxes, depreciation and amortisation (Ebitda) as the industry...
Ensuring a robust mining industry for the future requires careful capital allocation and adhering to high standards of operation, while consolidation may be the next phase for a sector grappling...
Greenland’s biggest miner Amaroq Minerals is in talks with several state-backed agencies as Donald Trump’s political spotlight translates into concrete investor interest, the company’s chief...
Copper extended gains for a fifth day, after Goldman Sachs Group said it expected prices to rise to a 2025 peak of around $10 050 a ton in August, as supplies outside the US tighten. Traders of...
The second day of the London Indaba kicked off with an opening keynote session delivered by British diplomat Lord Mark Sedwill, during which he pondered some broad considerations for the mining...
China sees pleasing Africa as a form of insurance against trade war impacts, Sydney University Associate Professor Dr Lauren Johnston spelt out at the London Indaba, the annual event organised by...
Valterra Platinum, previously Anglo America Platinum (Amplats), is confident about the future of the platinum group metals (PGMs) market and confident that the newly demerged company is well...
There are only two countries in Africa that currently make their geological survey data open to the world. “Malawi is the first, and I believe Nigeria is the second,” Vale Base Metals chairperson...
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and...
Association the World Federation of Diamond Bourses has expressed its full support for the Luanda Accord, the agreement reached among major diamond-producing countries and trading centres to fund...
Copper developer New World Resources has formalised an improved takeover offer from London-listed Central Asia Metals Limited (CAML), signing a second deed of variation to its scheme implementation...
In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very...
Niger's main mine workers' union has thrown its support behind the military government's planned nationalisation of Somair, one of the world's largest uranium mines, saying output will continue,...
Refinery services provider Heraeus finds in its latest precious metals review that the gold price is showing signs of relaxation at $3 356/oz, having fallen by about 1.6% in the week to June 20....
The three power purchase agreements (PPAs) that Richards Bay Minerals (RBM) has signed to date will provide the lion’s share of this energy-intensive Rio Tinto group company’s current energy needs....
European Union countries should create joint reserves of rare earths to prevent supply chain disruptions and economic blackmail from China, the EU's Commissioner for Industrial Strategy, Stephane...
Zimbabwe-focused Caledonia Mining has reported further encouraging high-grade results from the ongoing resource expansion drill programme at its 64%-owned Blanket mine. Results from 6 976 m of...
London-listed Kavango Resources has appointed Everjoy Ngomamiti as mining operations GM, effective immediately. He joins Kavango from dual-listed Barrick Mining Corporation, where he was mining...
As the afternoon sun beats down on Gold Fields' sprawling Tarkwa gold mine in southwestern Ghana, three men launch a drone into the clear sky, its cameras scanning the lush 210-square-kilometer...
Toronto-listed Euro Sun Mining said on Friday that it had agreed in principle to the terms of a copper concentrates prepayment facility of up to $200-million with Trafigura as the company...
An extensive pilot initiative aimed at scaling up hydrogen technology, infrastructure and applications across the length and breadth of China has been announced, shortly before next month’s...
Diversified mining investments and operations company ZCCM Investments Holdings’ earnings per share (EPS) for the year ended December 31, 2024, are expected to be about 1 077% higher year-on-year....
Gemstone miner Gemfields says final completion of its subsidiary Montepuez Ruby Mine’s (MRM’s) second processing plant (PP2), in Mozambique, has been delayed to September. The tailings belt...
Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup...
Australia's New World Resources said on Friday it had agreed to a revised acquisition proposal from London-listed Central Asia Metals (CAML), including a higher cash offer and a conditional...
South Africa should initially focus intently on its local green hydrogen market rather than the global market, and progress at its own pace, which has the potential to give it a global lead. Air...
Gold edged higher following a decline in the previous session triggered by Federal Reserve chairman Jerome Powell’s warning of inflation risks for the US economy. Bullion was trading around $3 380...
Mandalay Resources and Alkane Resources have received regulatory approval from Sweden for their proposed merger of equals. The Swedish Inspectorate of Strategic Products, which oversees foreign...
Ahead of publishing its financial results for the year ended December 31 later this month, Aim-listed Goldstone Resources has confirmed that the Homase mine, in Ghana, maintains an average 48 000 t...
Diversified miner Anglo American has streamlined its executive leadership team to reflect substantial progress with the simplification of its portfolio, which has included the demerger of the newly...
Positive infrastructure advancement is on the way in the Democratic Republic of Congo (DRC), SRK Consulting Congo chairperson Dominique Sambwa has pointed out. Speaking to Mining Weekly during a...
The leaders of the Group of Seven (G7) countries have unveiled a new critical minerals action plan aimed at securing the supply of materials for clean energy, digital technologies and industrial...
Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or...
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