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The Karowe underground project
Lucara to raise at least $70m in private placement to fund Karowe underground project
Updated 5 hours ago By: Creamer Media Reporter

Independent diamond producer Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, is planning to raise $70-million in a private placement of about 437.5-million shares at a... 


Coal mined in the US
US EPA rejects Colorado haze plan to retire coal plants early
Updated 5 hours ago By: Reuters

The US Environmental Protection Agency on Friday rejected Colorado's plan to comply with regional haze regulations by shutting its coal plants, saying the state needs the plants to remain running... 


Safety vests with the Rio Tinto logo
Rio Tinto's bid for Glencore piles pressure on BHP
Updated 5 hours ago By: Reuters

Rio Tinto's talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world's... 


US Treasury Secretary Scott Bessent
US to push for quicker action in reducing reliance on China for rare earths
Updated 5 hours ago By: Reuters

US Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts to reduce reliance on critical minerals from China when he hosts a dozen top finance... 


La Mancha trims Endeavour stake, remains long-term shareholder
9th January 2026 By: Darren Parker

Gold investor La Mancha Resource Fund has sold a portion of its holding in gold miner Endeavour Mining, reducing its stake while confirming continued long-term support for the company. On January... 


The Barroso lithium project site
Savannah secures €110m grant for Portugal lithium project
9th January 2026 By: Darren Parker

Aim-listed Savannah Resources has been awarded a non-reimbursable grant of up to about €110-million from the Portuguese State to support construction of its Barroso lithium project, in northern... 


Feasibility study confirms economics of Energy Fuels’ Madagascar rare earth project
9th January 2026 By: Darren Parker

NYSE- and TSX-listed Energy Fuels’ updated feasibility study (FS) for the Vara Mada project, in Madagascar, has confirmed the project’s strong economics, world-class quantities of high-quality rare... 


Gold bars
Mayfair deliver robust PFS for Fenn-Gib gold project
9th January 2026 By: Sabrina Jardim

TSX-V-listed Mayfair Gold has completed a prefeasibility study (PFS) for the Fenn-Gib gold project, in the Timmins gold district of Ontario, Canada, saying the study outlines Mayfair’s strategy to... 


Mining truck
Celsius appoints financial adviser for Philippine copper/gold project
9th January 2026 By: Sabrina Jardim

ASX-listed Celsius Resources has appointed Grant Samuel Capital Advisory to assist with finalising financing for the Maalinao-Caigutan-Biyog (MCB) copper/gold project, held under its Philippine... 


Rio Tinto's Resolution copper mine
CreditSights keeps positive outlooks for Glencore, Rio Tinto beyond potential merger
9th January 2026 By: Marleny Arnoldi

With mining major Glencore having confirmed it is in talks with fellow major miner Rio Tinto to effect a merger that could create the world’s largest mining company at a combined market value of... 


A South African coal mine
Rio Tinto said to be open to owning coal if it buys Glencore
9th January 2026 By: Bloomberg

Rio Tinto Group is open to retaining Glencore Plc’s massive coal business if merger talks between the two companies are successful, according to people familiar with the matter. The move would... 


People shaking hands
JPMorgan M&A global head Aiyengar says rising risks to drive surge in deals
9th January 2026 By: Reuters

Dealmakers are set for another banner year in 2026 with a record number of deals in the pipeline, as CEOs seek out the safety of scale to weather mounting economic and geopolitical risks,... 


Graphite
Ryzon, Xinhai sign EPCM agreement for Nachu graphite project
9th January 2026 By: Sabrina Jardim

ASX-listed Ryzon Materials has signed a nonbinding heads of agreement (HoA) with Yintai Xinhai Mining to develop an engineering, procurement and construction management (EPCM) solution for the... 


Glencore's head office
European stocks hit record high as Glencore jumps on Rio Tinto interest
9th January 2026 By: Reuters

European shares hit an all-time high on Friday, lifted by an 8.3% jump in Glencore that put the STOXX 600 index on track for its longest weekly winning streak since May 2025. The rebound, after two... 


World Diamond Council VP Ronnie VanderLinden.
Diamond industry won’t see positive end to 2026 if it fails to work together, leader warns
9th January 2026 By: Martin Creamer

In Friday’s Diamond Industry Updates email to Mining Weekly, the South African Diamond Producers Organisation carries this global warning from international diamond luminary Ronnie VanderLinden:... 


De Beers flagship Forevermark store in Mumbai
De Beers opens largest Forevermark store yet in India
9th January 2026 By: Marleny Arnoldi

Diamond miner De Beers Group has opened a flagship store of its Forevermark Diamond Jewellery brand in Mumbai, India. The 5 000-square foot store is located at Crest Link, Khar West, in the heart... 


Surge Copper completes 2025 programme advancing Berg project toward prefeasibility
9th January 2026 By: Darren Parker

TSX-V-, OTCQX- and Frankfurt-listed Surge Copper Corp has completed its 2025 multidisciplinary drilling and field programme at its Berg project in central British Columbia, Canada, marking a key... 


Gold bars
Gold price surge boosts Swiss National Bank's profit
9th January 2026 By: Reuters

The Swiss National Bank made a profit of around 26-billion Swiss francs ($33-billion) in 2025, the central bank said on Friday, thanks to a sharp increase in gold prices as investors headed for... 


Coal India mining operations
IPO of India's top coking coal miner oversubscribed on first day
9th January 2026 By: Reuters

The IPO of India's largest coking coal miner was oversubscribed on the first day of bidding on Friday, as investors lined up for the first main board listing of 2026 and the maiden public sale from... 


Strategic Resources appoints Terry Perles to board
9th January 2026 By: Tasneem Bulbulia

TSX-V-listed Strategic Resources has appointed Terry Perles to its board of directors. He will also take on a role with the company’s management team as business development lead for vanadium and... 


Photo of Martin Creamer
Gold, platinum jewellery demand, commodity windfall make headlines
9th January 2026

Mining Weekly Editor Martin Creamer talks to us about expectations for a long-run gold bull market; platinum jewellery demand showing resilience amid market fluctuations; and how South Africa can... 


Copper Cathodes
Goldman Sachs raises first-half copper price forecast
9th January 2026 By: Reuters

Goldman Sachs raised its copper price forecast for the first half of 2026 to $12 750 a metric ton from $11 525 a ton on Thursday, citing a scarcity premium amid limited inventory coverage outside... 


Teck's Highland Valley mine
Anglo American, Teck merger heading for EU antitrust approval
9th January 2026 By: Reuters

The proposed merger of London-listed miner Anglo American and Canada's Teck Resources is heading for antitrust clearance in Europe after EU regulators signalled the absence of competition concerns,... 


The Twin Metals project area
Trump, Congress move to undo Biden-era ban on mining in northern Minnesota
9th January 2026 By: Reuters

The Trump administration and US Congress are launching a plan this week to overturn former President Joe Biden's mining ban in northern Minnesota and prevent future administrations from taking... 


A hard hat with the Rio Tinto logo
Glencore and Rio Tinto hold buyout talks to create $207bn mega-miner
9th January 2026 By: Reuters

Glencore and Rio Tinto, said late on Thursday they were in early buyout talks that could potentially create the world's largest mining company with a combined market value of nearly $207-billion.... 


Glencore's head office
Glencore says it’s in preliminary merger talks with Rio Tinto
8th January 2026 By: Bloomberg

Glencore confirmed it held preliminary discussions with Rio Tinto Group on a possible combination of some of their businesses, including an all-share merger that would create the world’s biggest... 


A gold bar and coin
Canada's exports to non-US countries hit record on gold
8th January 2026 By: Bloomberg

Canada’s merchandise trade balance swung back into deficit as imports of computers and electronics outweighed a spike in gold exports to non-US countries. The trade shortfall hit C$583-million... 


gold
Gold ETF inflows hit record as investors poured $89bn into the market in 2025
8th January 2026 By: Darren Parker

Global investors channelled a record $89-billion into physically-backed gold exchange-traded funds (ETFs) in 2025 as the gold price set new highs and demand for safe-haven assets intensified,... 


Chariot signs MoU for offtake at Nigerian projects
8th January 2026 By: Tasneem Bulbulia

ASX-listed Chariot Resources has entered into a nonbinding memorandum of understanding (MoU) with Fujian Jinjianqiao New Energy Technology to explore cooperation opportunities. The collaboration... 


Largo announces $60m at-the-market equity offering programme
8th January 2026 By: Sabrina Jardim

TSX-listed Largo has announced the establishment of an at-the-market (ATM) equity offering programme pursuant to which it may issue and sell common shares having aggregate gross proceeds of up to... 


Green Technology Metals secures extended C$100m financing interest for Seymour lithium project
8th January 2026 By: Darren Parker

ASX-listed Green Technology Metals has received an extended letter of interest (LOI) from Export Development Canada (EDC) for potential financing support of up to C$100-million for the development... 


Troilus delivers on key development milestones, enters pivotal transition year
Troilus delivers on key development milestones, enters pivotal transition year
8th January 2026 By: Sabrina Jardim

TSX-listed Troilus Mining Corp has reported that it achieved major technical, regulatory, organisational and financing milestones required to advance the company’s flagship Troilus copper/gold... 


Alkane produced 43 663 gold-equivalent ounces in the December quarter
8th January 2026 By: Darren Parker

Gold producer Alkane Resources produced 43 663 oz of gold equivalent during the period from October 1 to December 31, 2025, with its three operating mines contributing to steady output and a... 


Lakewood processing plant
Black Cat reaches quarterly production with ramp-ups still progressing
8th January 2026 By: Marleny Arnoldi

ASX-listed gold miner Black Cat produced record quarterly gold production of 25 437 oz for the three months ended December 31, 2025. Gold production from the Paulsens and Kal East mines, in... 


Gold
Lunnon Metals receives approval for Lady Herial openpit
8th January 2026 By: Sabrina Jardim

ASX-listed Lunnon Metals has reported that it has received the final regulatory approval from the Australian Department of Mines, Petroleum and Exploration relating to the proposed Lady Herial... 


The unveiling of a plaque
Magalies Water, Glencore and the Bakwena Ba Mogopa Community launch water pipeline project
8th January 2026 By: Natasha Odendaal

Magalies Water, Glencore and the Bakwena Ba Mogopa Community, along with the Rustenburg local municipality, have jointly launched Phase 1 of the Bethanie-Modikwe bulk water pipeline project. The... 


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Aluminium Federation of South Africa
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VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Bell Equipment

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On-The-Air (12/12/2025)
12th December 2025 By: Martin Creamer

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