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Citi calls time on gold’s rally due to slumping demand, Fed cuts
Citi calls time on gold’s rally due to slumping demand, Fed cuts
17th June 2025 By: Bloomberg

Gold is expected to sink back below $3 000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc., calling time on one of the standout rallies in... 


IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
17th June 2025 By: Reuters

The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a... 


West Wits chairperson Michael Quinert
West Wits to raise A$14m to start operations at Qala Shallows, increase its stake in WBP
17th June 2025 By: Creamer Media Reporter

ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and... 


Ecuador reopens mining concession registry after seven years
17th June 2025 By: Reuters

Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American... 


Hudbay resumes operations in Snow Lake after evacuation orders lifted
Hudbay resumes operations in Snow Lake after evacuation orders lifted
17th June 2025 By: Reuters

Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of... 


Illegal gold mining in Ghana
Ghana has lost $11bn to gold smuggling, links to UAE, report finds
17th June 2025 By: Reuters

Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report... 


The Loulo-Gounkoto complex
Barrick Mining's gold complex placed under state control in Mali
17th June 2025 By: Reuters

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership.   A former Malian... 


Mali hopes Russia partnership will help end raw gold exports
13th June 2025 By: Reuters

Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity... 


ZEITI national coordinator Ian Mwiinga.
Well done, Zambia, on your transparent ‘G-Factor’ mining revenue system
13th June 2025 By: Martin Creamer

Zambia is strengthening transparency and accountability to make sure that natural resources improve the lives of all of its citizens. It gives easy visibility to the level of natural resource... 


Critical One to sell Namibia uranium assets as focus shifts to Canada antimony
13th June 2025 By: Creamer Media Reporter

Canada-based Critical One Energy plans to sell its uranium projects in Namibia to shift its focus to antimony and gold in Ontario's Thunder Bay. Critical One, formerly Madison Metals, announced on... 


Platinum trading, Pan African and Copper 360 make headlines
Platinum trading, Pan African and Copper 360 make headlines
13th June 2025 By: Creamer Media Reporter

Mining Weekly Editor Martin Creamer unpacks a new platinum and palladium trading ecosystem proposed by China; Pan African's success in starting up a gold operation in Australia's Northern... 


Greenland gold mine sees rush of investors in new funding round
Greenland gold mine sees rush of investors in new funding round
12th June 2025 By: Bloomberg

Amaroq Minerals, which mines for gold in Greenland, has secured international backing in an oversubscribed fundraising round, underscoring rising interest in Arctic resources. Greenland and its... 


South Africa's mining production decreases 7.7% y/y in April
12th June 2025 By: Sabrina Jardim

According to Statistics South Africa (Stats SA), the country's mining production decreased by 7.7% year-on-year in April, with platinum group metals (PGMs) and gold having made the largest negative... 


African Rainbow Minerals, Harmony Gold enter hedging collar transaction
12th June 2025 By: Martin Creamer

Diversified mining company African Rainbow Minerals Limited (ARM), an associate of Dr Patrice Motsepe, has entered into a hedging collar transaction over 18-million ordinary shares of ARM's equity... 


Burkina Faso completes nationalisation of five gold mining assets
12th June 2025 By: Reuters

Burkina Faso has completed the transfer of five gold mining assets to the country's state-owned miner, according to a decree published late on Wednesday, finalising a process that began in August... 


Zambia’s South Africa-based cadastre system developer re-engaged, Ministry confirms
12th June 2025 By: Martin Creamer

Zambia’s South Africa-developed mining cadastre licensing system portals have been reactivated, the Ministry of Mines and Mineral Development has confirmed. “The disruption was due to the... 


First ore being fed into the crusher on June 11.
Meeka begins commissioning at Murchison gold project
12th June 2025 By: Creamer Media Reporter

Meeka Metals has begun its transition from gold project developer to producer with commissioning of its Murchison project in Western Australia getting under way. The ASX-listed company said on... 


South Africa President Cyril Ramaphosa flanked by CFM Green Hydrogen executive Sebastiaan Surie (left) and Hive Hydrogen chairperson Thulani Gcabashe.
South Africa’s green hydrogen sector boosted by big-ticket funding commitments
12th June 2025 By: Martin Creamer

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s... 


Resolute appoints new COO as Montgomery steps down
12th June 2025 By: Sabrina Jardim

London- and Australia-listed Resolute Mining has appointed Gavin Harris COO, effective July 1, following the decision by Geoff Montgomery to step down as COO. Resolute notes that Montgomery will... 


Perpetua secures $400m as part of Stibnite financing push
Perpetua secures $400m as part of Stibnite financing push
12th June 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua Resources has locked in $400-million in equity commitments through a bought deal financing and private placement, advancing a funding plan for its flagship Stibnite... 


A dumper truck at the Loulo-Gounkoto complex
Barrick Mining removes Mali gold complex from 2025 output forecast, sources say
12th June 2025 By: Reuters

Barrick Mining has removed its Mali gold complex from its overall output forecast for 2025, four sources told Reuters, adding to fallout from a two-year dispute over new mining legislation aimed at... 


AngloGold to join Russell 3000, other Russell equity indexes
11th June 2025 By: Creamer Media Reporter

Global gold miner AngloGold Ashanti has been named for the first time as a preliminary addition to the Russell 1000 or Russell 2000, the Russell 3000 and the Russell Midcap Indexes, as part of the... 


Mogale Tailings Retreatment plant,
Pan African proves it can commission large gold projects abroad with aplomb
11th June 2025 By: Martin Creamer

South Africa witnessed Pan African build the Mogale Tailings Retreatment (MTR) gold project on Johannesburg’s West Rand ahead of schedule and below budget. Now Australia is witnessing this... 


Resolution enters US critical minerals race with Horse Heaven acquisition
Resolution enters US critical minerals race with Horse Heaven acquisition
11th June 2025 By: Mariaan Webb

ASX-listed Resolution Minerals on Wednesday announced a binding agreement to acquire the Horse Heaven antimony/gold/tungsten project in Idaho, US. Horse Heaven is located in the historical... 


A graph setting out Perseus's five-year production and AISC outlook
Perseus sets five-year production guidance at up to 535 000 oz/y
11th June 2025 By: Creamer Media Reporter

ASX- and TSX-listed gold miner Perseus Mining has set its production guidance for the 2026 to 2030 financial years at between 515 000 oz/y and 535 000 oz/y, for total output of 2.6-million to... 


A gold mining operation in Zimbabwe
Gold rally brings riches to rural Zimbabwe
11th June 2025 By: Bloomberg

In Filabusi, in south-eastern Zimbabwe the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the... 


Tudor to acquire American Creek, increasing Treaty Creek stake to 80%
10th June 2025 By: Creamer Media Reporter

TSX-V-listed Tudor Gold has entered into a binding letter of intent to acquire American Creek Resources in an all-share transaction that will increase its ownership in the Treaty Creek gold/copper... 


The TGME is a past-producing operation near Pilgrim's Rest
South Africa's IDC approves R622m loan for Theta's TGME underground mine project
10th June 2025 By: Creamer Media Reporter

Development finance institution the Industrial Development Corporation of South Africa (IDC) has extended a credit-approved loan facility agreement for R622-million, or about A$53.8-million, to... 


The Mara Rosa mine
Hochschild shares plunge 20% after Brazil gold mine shutdown
10th June 2025 By: Reuters

Hochschild Mining issued a six-week shutdown at its Mara Rosa mine, following lower-than-expected gold output by the end of May, the British precious metals company said on Tuesday, sending shares... 


Cascadia, Granite Creek to merge, creating Yukon copper/gold company
10th June 2025 By: Creamer Media Reporter

Canadian juniors Cascadia Minerals and Granite Creek Copper have announced a merger agreement that will consolidate two complementary project portfolios in the Yukon, creating a new copper/gold... 


Allied Gold CEO Peter Morrone
Canada's Allied Gold could look at options for power supply deal at Sadiola mine
10th June 2025 By: Reuters

Canadian miner Allied Gold could look at alternative options for a power supply deal at its Sadiola mine in Mali following a surge in gold prices and the emergence of new opportunities,its CEO told... 


FireFly builds A$135m war chest to fast-track Green Bay copper/gold project
FireFly builds A$135m war chest to fast-track Green Bay copper/gold project
10th June 2025 By: Mariaan Webb

Dual-listed FireFly Metals has raised A$135-million to advance its Green Bay copper/gold project in Newfoundland and Labrador, boosting its balance sheet to fund aggressive exploration and... 


Galantas inks deal to advance stalled Omagh project
Galantas inks deal to advance stalled Omagh project
9th June 2025 By: Mariaan Webb

TSX-V- and Aim-listed Galantas Gold has struck a deal with Ocean Partners UK to advance the Omagh gold project in Northern Ireland, a move the Canadian junior says marks a “turning point” for the... 


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