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Early works at Pensana's Longonjo project, in Angola
Atherley reaffirms Pensana’s commitment to social, enviro sustainability
21st February 2025 By: Marleny Arnoldi

London-listed rare earths miner Pensana chairperson Paul Atherley says mining can be both environmentally sustainable and socially developmental. He tells British radio station BBC Radio 4 that... 


Piedmont reports strong Q4 results, advances Sayona merger
21st February 2025 By: Creamer Media Reporter

Nasdaq- and ASX-listed Piedmont Lithium has reported its financial results for the fourth quarter and full year of 2024, highlighting strong production performance and ongoing strategic growth... 


West African Resources' Sanbrado plant
West African expects new mine to boost output to at least 290 000 oz this year
21st February 2025 By: Marleny Arnoldi

ASX-listed West African Resources expects this year to be a transformative year for the company, with its new Kiaka mining centre due to start production. The company expects to produce between... 


Yancoal Australia posts smaller annual profit on fall in coal prices
Yancoal Australia posts smaller annual profit on fall in coal prices
21st February 2025 By: Reuters

Yancoal Australia forecast flat production estimates for fiscal 2025 on Thursday while reporting a 33% fall in annual profit due to lower coal prices. The coal miner expects attributable saleable... 


Gold Road reports record profit
Gold Road reports record profit
21st February 2025 By: Creamer Media Reporter

Mid-tier gold producer and explorer Gold Road Resources has reported a record net profit of A$142.7-million for the 12-month period ended December 31, 2024. The company has declared a fully franked... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


The Kendal power station
Ramokgopa hints that new IRP includes 10-year delay to coal shutdowns
21st February 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the... 


Indian miner Vedanta's shareholders, creditors clear way for five-way split
21st February 2025 By: Reuters

Vedanta's shareholders and lenders have approved the oils-to-metals conglomerate's plans to split into five separate entities, the company announced on Thursday, with nods from nearly all of its... 


Indonesia Minister says Freeport can resume copper concentrate exports
21st February 2025 By: Reuters

The Indonesian government has agreed to allow copper miner PT Freeport Indonesia to resume exports of copper concentrate until repairs at its smelter are completed, Energy and Mineral Resources... 


Record prices dampen demand in top hubs
21st February 2025 By: Reuters

Physical gold demand among top consumers China and India remained negligible this week as buyers shied away from purchases due to record high prices. "Buyers are just sitting back, watching the... 


China export curbs push European bismuth prices to highest since 2008
21st February 2025 By: Reuters

Bismuth prices in Europe have soared to their highest in nearly 17 years after China's plan to impose export curbs raised fears of curtailed supply for the metal used in medication, cosmetics and... 


Marula Mining CEO Jason Brewer
Marula hosts site visit to further verify high-grade copper concentrate samples at Kinusi
21st February 2025 By: Marleny Arnoldi

South Africa- and UK-listed Marula Mining has advised it will host a site visit at its Kinusi copper mine, in Tanzania, to show a European commodity trading group its high-grade copper concentrate... 


MP Materials' fourth-quarter loss beats Wall Street's expectations
21st February 2025 By: Reuters

Rare earths producer MP Materials said on Thursday its fourth-quarter loss widened due in part to higher production costs for the refining of the critical minerals, but the results beat Wall... 


Sasol's Secunda plant
Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees
21st February 2025 By: Marleny Arnoldi

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 



Premier, located near Stewart, British Columbia, is a high-grade gold development asset
Ascot launches up to C$65m private placement
21st February 2025 By: Creamer Media Reporter

Vancouver-based Ascot Resources has announced a best-efforts private placement offering to raise between C$60-million and C$65-million. The offering, led by Desjardins Capital Markets and BMO... 


DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
21st February 2025

Mining Weekly Editor Martin Creamer unpacks DRDGold dividends no longer being just a policy but a value; Anglo American Platinum becoming an independent fit-for-purpose PGM company; and the new... 


Cameco CEO Tim Gitzel
Cameco sees uranium price inflation from US tariffs
21st February 2025 By: Mariaan Webb

Toronto-listed Cameco has warned that a proposed 10% US tariff on Canadian energy products, including uranium, could lead to significant price inflation in the global uranium market, even though... 


Teck CEO Jonathan Price
Teck CEO downplays potential impact of proposed US tariffs
21st February 2025 By: Mariaan Webb

Canadian copper and zinc miner Teck Resources CEO Jonathan Price has moved to assure investors that the company remains well positioned, despite potential trade tariffs that may be imposed by the... 


Newmont beats fourth-quarter profit estimate on higher gold production, prices
Newmont beats fourth-quarter profit estimate on higher gold production, prices
21st February 2025 By: Reuters

Newmont beat analysts' estimate for fourth-quarter profit on Thursday, as the world's biggest gold miner benefited from a rally in bullion prices and higher production. Average price of gold has... 


Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 


Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
20th February 2025 By: Mariaan Webb

Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex... 


Hydropower study confirms sustainable, low-cost power supply for Orom-Cross
20th February 2025 By: Sabrina Jardim

London-listed Blencowe Resources has completed an initial hydropower study for its Orom-Cross graphite project, in Uganda. The study confirms the availability of abundant, low-cost and renewable... 


The Rosh Pinah Solar Park
Appian to acquire the majority shareholding in Rosh Pinah Solar Park
20th February 2025 By: Sabrina Jardim

Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


Tertiary Minerals advances drilling at Konkola West
20th February 2025 By: Sabrina Jardim

Aim-listed Tertiary Minerals has reported that the drilling of hole KWDD001 at its Konkola West copper project, in Zambia, has advanced past 2 600 m down-hole depth and is now drilling ahead in the... 


Dean Horton appointed to Canyon board
20th February 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 


West Wits chairperson Michael Quinert
West Wits secures credit approval for R902m loan facility to advance Qala Shallows
20th February 2025 By: Sabrina Jardim

ASX-listed West Wits Mining (WWI) has agreed a credit approved term sheet for a senior debt syndicated loan facility of up to R902.5-million to provide senior funding for development of the Qala... 


GoviEx progresses Muntanga project financing
20th February 2025 By: Sabrina Jardim

TSX-listed GoviEx Uranium has taken the first step in securing project financing for its Muntanga uranium project, in Zambia, by appointing Endeavour Financial as its financial adviser. Muntanga is... 


Whitehaven Coal beats profit estimates, shares soar
Whitehaven Coal beats profit estimates, shares soar
20th February 2025 By: Reuters

Australia's Whitehaven Coal reported better-than-expected first-half earnings on Thursday, helped by higher production and sales due to strong contributions from its mines in New South Wales.... 


Chinese coal prices have further to fall as Glencore mulls cuts
20th February 2025 By: Bloomberg

China’s coal slump is likely to persist for several months, weighing on a global market that has seen mining giant Glencore forced to consider output cuts after prices dropped to near their lowest... 


Miner Pilbara sees lithium demand rallying on China mine restart
Miner Pilbara sees lithium demand rallying on China mine restart
20th February 2025 By: Bloomberg

Australia’s largest pure-play lithium producer Pilbara Minerals said it sees demand recovering on the restart of a large mine and refinery in China, even as it reported a net loss in its half-year... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
20th February 2025 By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


An image of Anglo American's office
Anglo American achieves strong operational, cost performance; portfolio simplification progressing
20th February 2025 By: Tasneem Bulbulia

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to... 


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