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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... 


Southern Palladium MD Johan Odendaal
Southern Palladium gets environmental authorisation for underground mining at Bengwenyama
20th May 2025 By: Darren Parker

South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted environmental authorisation for an underground mining right and related infrastructural activities to ASX- and... 


Kingston sells PNG project for $95m
Kingston sells PNG project for $95m
20th May 2025 By: Creamer Media Reporter

ASX-listed Kingston Resources has struck a binding agreement to divest its Misima gold project, in Papua New Guinea, to Ok Tedi Mining for $95-million. The transaction includes $50-million payable... 


Federal green light for Perpetua's Stibnite project
Federal green light for Perpetua's Stibnite project
20th May 2025 By: Mariaan Webb

The Stibnite gold and antimony project in Idaho has cleared its final federal regulatory hurdle, owner Perpetua Resource announced on Monday. The US Army Corps of Engineers has issued the project... 


An image of a polished precious metal
LBMA fast-tracks refiner transparency
19th May 2025 By: Tasneem Bulbulia

Independent precious metals authority the London Bullion Market Association (LBMA) has advanced the implementation of its proposals requiring refiners to publicly disclose additional information... 


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... 


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... 


Bastion to launch A$160m takeover bid for Xanadu Mines
Bastion to launch A$160m takeover bid for Xanadu Mines
19th May 2025 By: Mariaan Webb

Dual-listed explorer Xanadu Mines on Monday announced a proposed takeover offer from Bastion Mining, a consortium comprising Singapore-based Boroo and Xanadu director Ganbayar Lkhagvasuren. The... 


Future Batteries moves to full ownership of Miriam project
19th May 2025 By: Creamer Media Reporter

ASX-listed Future Battery Minerals (FBM) has moved to acquire 100% ownership of all mineral interests in the Miriam project, in the Western Australian Goldfields, from fellow-listed Corazon... 


Gold Fields awards A$500m Agnew contract extension to Perenti
Gold Fields awards A$500m Agnew contract extension to Perenti
19th May 2025 By: Creamer Media Reporter

Mining services group Perenti has announced a contract extension worth about A$500-million to continue providing underground mining services at JSE- and NYSE-listed Gold Fields’ Agnew gold mine in... 


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.... 


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... 


Troilus secures $35m loan to advance predevelopment activiites
Troilus secures $35m loan to advance predevelopment activiites
16th May 2025 By: Creamer Media Reporter

Toronto-listed Troilus Gold has announced a $35-million loan with precious metals merchant Auramet to support its near-term development activities at its namesake mine in Quebec. Proceeds of the... 


The underused Plutonic processing plant
Catalyst’s third Plutonic Belt mine ready for development
16th May 2025 By: Creamer Media Reporter

All regulatory approvals are in hand for Catalyst Metals to begin mining at the Trident gold deposit, about 30 km from the Plutonic processing plant, in Western Australia. This follows final... 


Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
16th May 2025 By: Reuters

A Malian court hearing scheduled for Thursday on whether to put Barrick Mining's Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the... 


Guinea revokes 46 mining licences, signalling stricter oversight of major operators
15th May 2025 By: Reuters

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 


Northern Star hikes mineral resources, highlights exploration success
Northern Star hikes mineral resources, highlights exploration success
15th May 2025 By: Creamer Media Reporter

ASX-listed Northern Star Resources has reported a 9.4-million-ounce increase in its group mineral resources to 70.7-million ounces and a 1.4-million-ounce rise in ore reserves to 22.3-million... 


A train transporting iron-ore
South Africa's March mining production down 2.8% y/y on the back of lower PGMs, gold output
15th May 2025 By: Creamer Media Reporter

South Africa's mining production decreased by 2.8% year-on-year in March, with platinum group metals (PGMs) and gold having been the largest negative contributors and iron-ore the largest positive... 


Resources Watch
Resources Watch
15th May 2025

This week: Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz; Eskom aims to smooth maintenance profile after difficult summer; and the good gold price is providing much... 


Barrick's Loulo operation in Mali
Judge to hear Mali's request to reopen Barrick mine under new management, official says
15th May 2025 By: Reuters

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 


The spinout will enable Delta to continue focusing on its lithium assets.
Delta Lithium unveils details of gold spin-out
15th May 2025 By: Mariaan Webb

Western Australian exploration and development company Delta Lithium has confirmed it will proceed with the demerger and initial public offering (IPO) of its Mt Ida gold assets through the creation... 


Chilalo graphite
Evolution Energy outlines new gold-focused strategy
14th May 2025 By: Creamer Media Reporter

ASX-listed Evolution Energy Minerals has unveiled a new strategic direction focused on acquiring gold development assets in Africa, with the backing of its largest shareholder, Sustainable... 


Gold Fields raises $750m for corporate purposes, to repay Osisko loan
14th May 2025 By: Darren Parker

JSE- and NYSE-listed Gold Fields has successfully completed the raising of $750-million through the issuance of seven-year notes, which carry an interest rate of 5.85%. These notes were issued by... 


Solidus receives up to $835m in potential Exim support for gold mine
14th May 2025 By: Creamer Media Reporter

Solidus Resources, a subsidiary of private mining company Waterton Mining, has reported potential financing of up to $835-million for the Spring Valley project, in Nevada, US. The financing... 


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... 


West African Resources begins mining, crushing at Kiaka
13th May 2025 By: Sabrina Jardim

ASX-listed West African Resources says construction of the Kiaka gold project, in Burkina Faso, continues to progress on time and on budget for first gold production in the third quarter of this... 


opencast mine at night
PIC now owns 15.41% of Sibanye
13th May 2025 By: Darren Parker

The Public Investment Corporation (PIC) has increased its ownership of the ordinary shares of JSE- and NYSE-listed Sibanye-Stillwater to 15.41% of the company’s total issued ordinary shares. The... 


The Musselwhite mine
Orla ups 2025 guidance following Musselwhite addition
13th May 2025 By: Creamer Media Reporter

Gold miner Orla Mining has increased its full-year production and cost guidance to reflect the contribution of the Musselwhite mine in Canada, which it acquired from Newmont earlier this year. The... 


Akobo agrees to revised loan facility terms for Segele development
13th May 2025 By: Darren Parker

Euronext-listed Akobo Minerals has agreed with Monetary Metals on revised terms for the company’s existing gold loan facility.  Monetary Metals initially provided funding in November 2022 to... 


Auric begins production at Munda gold mine
Auric begins production at Munda gold mine
13th May 2025 By: Mariaan Webb

ASX-listed Auric Mining has started mining at its Munda gold mine in Western Australia. The company began breaking ground at the Munda starter pit on May 10, with site infrastructure, including... 


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.... 


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This week: Following Shuka, two more JSE listings on way; Valterra Platinum makes its debut on the JSE; and, Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
Resources Watch
4th June 2025

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pqt: 0.994s - ct: 1.198s - 384pq - 2rq
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