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Gold edges lower as haven demand from Moody’s downgrade fades
20th May 2025 By: Bloomberg

Gold edged lower as the haven-demand boost from Moody’s Ratings downgrade of the US faded, and attention turned back to the easing of trade tensions between the two largest economies. Bullion... 


Russia says China’s Zijin agrees to keep Siberian zinc mine open
Russia says China’s Zijin agrees to keep Siberian zinc mine open
20th May 2025 By: Bloomberg

Russia’s Tuva region said it has agreed with Zijin Mining Group to keep the Kyzyl-Tashtyg zinc mine working after sanctions prompted the Chinese company to weigh suspending operations. Zijin’s... 


Rio Tinto to invest $900m in Chile lithium JV with Codelco
Rio Tinto to invest $900m in Chile lithium JV with Codelco
20th May 2025 By: Mariaan Webb

Diversified mining company Rio Tinto Group is deepening its presence in the battery metals space, announcing on Monday an agreement with Chile’s State-owned Codelco to jointly develop a major... 


New Responsible Gold president Sakhila Mirza
Responsible Gold appoints new president
19th May 2025 By: Darren Parker

Blockchain-powered ecosystem for traceable and ethically sourced gold Responsible Gold has announced the appointment of Sakhila Mirza as its president. She will oversee the firm’s next phase of... 


An image showing the Longonjo mine
Main construction under way at Pensana’s Angola project
19th May 2025 By: Tasneem Bulbulia

London-listed Pensana announces that, following Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA)’s deployment of $25-million mine finance, main construction activities have begun on... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum jewellery, investment strong in China, platinum bar sales launched on TikTok
19th May 2025 By: Martin Creamer

A leading branded jewellery retailer in Beijing is including platinum investment bars in its offering amid platinum bar sales being launched on TikTok for the first time by a World Platinum... 


Gold bars
Gold players keep faith despite trade truce-induced correction
19th May 2025 By: Reuters

Gold prices have fallen almost 10% from a record high just above $3 500/oz in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish... 


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.... 


Antofagasta wins enviro approval to extend Zaldivar mine life
Antofagasta wins enviro approval to extend Zaldivar mine life
16th May 2025 By: Mariaan Webb

London-listed Antofagasta has secured environmental approval in Chile to extend the life of its Zaldívar copper mine through 2051 and advance a planned transition to a new water supply. The... 


Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
16th May 2025 By: Mariaan Webb

London-listed Fresnillo has offloaded the majority of its stake in MAG Silver following Pan American Silver’s agreement to acquire the Canadian miner, saying the resulting dilution of its... 


An image of Neo Energy's Sean Heathcote
Neo Energy makes CEO, board changes as it advances South African uranium goals
16th May 2025 By: Tasneem Bulbulia

Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with... 


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... 


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... 


rare eaths
Pensana draws down first equity tranche funding from Angolan fund for Longonjo construction
15th May 2025 By: Marleny Arnoldi

After securing full financing of the Longonjo rare earths project, in Angola, London-listed Pensana has agreed the terms and timing for the deployment of the first $25-million equity tranche from... 


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... 


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... 


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... 


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... 


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... 


Kazatomprom obtains financing for sulphuric acid plant
13th May 2025 By: Reuters

Kazatomprom, the world's largest uranium producer, has agreed a financing deal with the Development Bank of Kazakhstan for construction of the Taikonur sulphuric acid plant in Turkestan, it said... 


France's Orano files lawsuit over staff detention in Niger
13th May 2025 By: Reuters

French uranium miner Orano said on Tuesday it had filed a lawsuit with the Niger courts over the "arbitrary arrest, illegal detention and unjust confiscation of property" involving its staff and... 


Gold holds heavy loss as markets latch onto US-China optimism
Gold holds heavy loss as markets latch onto US-China optimism
13th May 2025 By: Bloomberg

Gold steadied after a sharp selloff as a major de-escalation in US-China trade tensions hurt demand for havens. Bullion traded near $3 237 an ounce — after losing 2.7% on Monday — with investors... 


Blanket gold mine, in Zimbabwe
Caledonia grows its first-quarter net profit to $8.9m
12th May 2025 By: Marleny Arnoldi

NYSE- and Aim-listed gold miner Caledonia Mining Corporation has managed to grow its net attributable profit to shareholders by 493% year-on-year to $8.9-million in the quarter ended March 31.... 


Orapa mine, in Botswana
Debswana clarifies yearly maintenance at Orapa No 2 plant, not closure
12th May 2025 By: Marleny Arnoldi

Debswana Diamond Company has clarified that the Orapa No 2 processing plant is undergoing yearly scheduled maintenance during May and has not ceased operations. The planned shutdown is a routine... 


Anglo American technical director and Crop Nutrients CEO  Tom McCulley
Anglo American appoints Crop Nutrients veteran McCulley as technical director
12th May 2025 By: Marleny Arnoldi

Diversified miner Anglo American has appointed Tom McCulley technical director, effective immediately. He succeeds Matt Daley, who opted to take up a senior executive role at fellow diversified... 


Cobalt mineral ore
Cobalt Holdings plans to raise $230m in London listing
12th May 2025 By: Reuters

Cobalt Holdings said on Monday it plans to raise $230-million through a global offer and potentially list its shares in the London Stock Exchange, aiming to offer investors pure-play exposure to... 


Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns
12th May 2025 By: Reuters

Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their environmental... 


Matthew Daley will join South32 from Anglo American.
South32 names Anglo exec as successor to Graham Kerr
12th May 2025 By: Mariaan Webb

Mining and metals company South32 said on Monday that Anglo American executive Matthew Daley would become its new CEO in 2026, replacing Graham Kerr who would step down later that year after... 


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