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Sovereign completes drilling programme to upgrade Kasiya resource
22nd October 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has completed an infill drilling programme at its Kasiya rutile/graphite project, in Malawi, to support ongoing technical studies. The programme included the... 


Koffiefontein mine
Petra starts new financial year with higher output
22nd October 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 


Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
22nd October 2024 By: Reuters

Citi Research raised its three-month forecast for gold prices, citing possible further US labour market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF buying, it... 


Pan African’s latest R2.5-billion Mogale gold tailing retreatment operation on the West Rand.
Pan African lists new instrument under JSE’s sustainability segment
21st October 2024 By: Martin Creamer

Gold producer Pan African Resources on Monday announced the listing of a sustainability-linked instrument under the sustainability segment of the JSE. Following an oversubscribed bookbuild, Pan... 


BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
21st October 2024 By: Reuters

BHP is cynically trying to avoid its responsibility for Brazil's worst environmental disaster, lawyers representing thousands of victims told London's High Court on Monday, as a lawsuit worth up to... 


Akobo to secure NKr30m convertible loan
21st October 2024 By: Darren Parker

Scandinavian gold exploration and mining company Akobo Minerals has initiated a process to secure a two-year convertible loan of up to NKr30-million. The loan will offer a 20% yearly interest rate... 


Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
21st October 2024 By: Creamer Media Reporter

London-listed Yellow Cake, a company focused on providing exposure to the uranium spot price, remains optimistic about medium-term sector fundamentals despite current subdued uranium prices. In a... 


Steel products stored in a warehouse
China’s steel demand has shrunk to less than half global total
21st October 2024 By: Bloomberg

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate... 


Vale-BHP mine disaster deal moves closer to settlement in Brazil
Vale-BHP mine disaster deal moves closer to settlement in Brazil
21st October 2024 By: Bloomberg

Miners Vale and BHP are a step closer to finalising a deal with Brazilian authorities to provide a multibillion-dollar settlement for one of the country’s worst mining disasters. Ongoing... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


BHP faces $47bn UK lawsuit over Brazilian dam collapse
BHP faces $47bn UK lawsuit over Brazilian dam collapse
21st October 2024 By: Reuters

A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to... 


komati power station with solar panels in front
German energy expert says energy transition a mistake
18th October 2024 By: Darren Parker

The energy transition in its current form, as a grid-scale build out of wind and solar with the goal to replace oil, coal, and gas, is probably one of the greatest mistakes that humanity has ever... 


An image of Bushveld CEO Craig Coltman
Bushveld completes disposal of Lemur Holdings
18th October 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals announces that all conditions to the disposal of Lemur Holdings have been met. This follows an announcement in September which confirmed that the company had received... 


An image showing Rainbow Rare Earth's Phalaborwa pilot plant in South Africa
Rainbow making strides at South African rare earths project
18th October 2024 By: Tasneem Bulbulia

London-listed Rainbow Rare Earths made considerable strides during the financial year ended June 30 towards establishing an independent supply chain for the rare earth elements (REE) that are... 


An image showing the GemFair diamond toolkit
De Beers’ GemFair programme buys its 10 000th diamond
18th October 2024 By: Tasneem Bulbulia

Diamonds miner De Beers Group’s GemFair programme has reached the key milestone of buying its 10 000th diamond since its launch in 2018. GemFair focuses on developing a responsible sourcing model... 


Spot gold tops $2 700 as metal extends its record-breaking run
Spot gold tops $2 700 as metal extends its record-breaking run
18th October 2024 By: Bloomberg

Gold topped $2 700 an ounce for the first time, as an escalating conflict in the Middle East saw traders flock to safety. Bullion reached climbed as much as 0.3% to $2 700.47/oz, after Israel said... 


MRC secures A$2.4m loan from shareholders
17th October 2024 By: Mariaan Webb

Graphite miner and developer Mineral Commodities (MRC) has secured a loan of A$2.4-million from existing shareholders, including Au Mining and four others. The ASX-listed company will use A$250... 


Gold rallies to record with tight US election and data in focus
Gold rallies to record with tight US election and data in focus
17th October 2024 By: Bloomberg

Gold climbed to a record ahead of US data prints due later Thursday, with traders also monitoring an increasingly tight presidential race that’s driven demand for haven assets. Bullion climbed as... 


Iron-ore slumps toward $100 after housing briefing in Beijing
Iron-ore slumps toward $100 after housing briefing in Beijing
17th October 2024 By: Bloomberg

Iron-ore tumbled to a three-week low, a sign that investors doubt whether China’s latest moves to shore up the property market will do enough to boost construction activity and steel demand. China... 


Laura Tyler
Adriatic appoints former BHP exec as MD and CEO
17th October 2024 By: Creamer Media Reporter

ASX- and LSE-listed Adriatic Metals has appointed Laura Tyler, a former BHP executive, as MD and CEO. This marks a new chapter for the company as it seeks to strengthen its position as a leading... 


An image showing the Sukari mine
Centamin lifts production, sales in the third quarter
17th October 2024 By: Tasneem Bulbulia

TSX- and LSE-listed Centamin increased production at its flagship Sukari mine, in Egypt, by 30% year-on-year to 131 726 oz in the quarter ended September 30, taking output for the nine months to... 


Don Turvey is the newly appointed CEO of Cornish Metals
Vision Blue extends £7m to Cornish Metals
17th October 2024 By: Mariaan Webb

Aim- and TSX-V-listed explorer and developer Cornish Metals has received more backing from shareholder Vision Blue Resources, with a £7-million credit facility to support the South Crofty tin... 


An image of Botswana Diamonds chairperson John Teeling
Botswana Diamonds secures prospecting permit on five Marsfontein kimberlites
17th October 2024 By: Tasneem Bulbulia

Botswana Diamonds, which holds exploration licences in South Africa and Botswana, has obtained a prospecting permit covering five kimberlites known to contain diamonds in the Marsfontein region of... 


South Africa's Lion ferrochrome operation.
South Africa remains attractive mining investment destination, China hears
16th October 2024 By: Martin Creamer

The  South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese,... 


Drill core sample on copper project
Tertiary completes inaugural drilling on Mushima North copper target
16th October 2024 By: Marleny Arnoldi

Aim-listed Tertiary Minerals has completed an inaugural drilling programme on the Mushima North copper project, in Zambia. The programme aimed to test the A1 and C1 copper, zinc and arsenic soil... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


Copper Mark logo
Metalkol embarks on Copper Mark assurance process
16th October 2024 By: Darren Parker

Diversified miner Eurasian Resources Group’s (ERG’s) Metalkol operation, in the Democratic Republic of Congo (DRC) has officially begun the Copper Mark assurance process, in line with a letter of... 


Eramet cuts targets for Gabon and Indonesia mines on market, permit setbacks
16th October 2024 By: Reuters

France's Eramet  on Tuesday cut sharply its 2024 production targets for its manganese mine in Gabon and nickel mine in Indonesia, citing a downturn in the manganese market and a... 


Gold industry sees prices rising to $2 941/oz over 12 months
Gold industry sees prices rising to $2 941/oz over 12 months
16th October 2024 By: Reuters

The price of gold is expected to rise to $2 941 a troy ounce over the next 12 months from the current $2 661, delegates to the London Bullion Market Association's annual gathering predicted on... 


Woodside to delist from London exchange
Woodside to delist from London exchange
16th October 2024 By: Creamer Media Reporter

Australian oil and gas major Woodside has announced its decision to delist from the LSE, attributing the move to low trading volumes and a goal to lower administrative costs. The company has... 


Rio Tinto reported a marked improvement in bauxite output.
Rio Tinto maintains FY guidance, reports steady progress at growth projects
16th October 2024 By: Mariaan Webb

Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes. The company... 


The Bakubang mine shaft.
Wesizwe Platinum audit disclaimer follows funding support delay
15th October 2024 By: Martin Creamer

Owing to the directors of the JSE-listed Wesizwe Platinum not being able to provide major shareholder agreements, its independent auditing company has expressed a disclaimer of review conclusion,... 


Kazatomprom strikes large uranium sale deal with Chinese buyers
Kazatomprom strikes large uranium sale deal with Chinese buyers
15th October 2024 By: Reuters

Kazakhstan-based Kazatomprom, the world's largest uranium miner, has reached an agreement with CNNC Overseas and China National Uranium Corporation on the sale of natural uranium concentrates, it... 


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