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Gold to continue outperforming silver, Goldman Sachs says
Gold to continue outperforming silver, Goldman Sachs says
5th May 2025 By: Reuters

Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price... 


DRDGOLD CFO Riaan Davel (left) interviewed by Mining Weekly’s Martin Creamer.
The good gold price is providing much more capex confidence, says chief financial officer
5th May 2025 By: Martin Creamer

The good gold price is providing gold mining companies with much more confidence to execute capital programmes, and a sentiment doing the rounds is that South Africa should, in every respect, make... 


Balama processing plant
Syrah finally regains access to Balama mine
5th May 2025 By: Marleny Arnoldi

ASX-listed Syrah Resources has restored site access at its Balama graphite mine, in Mozambique, following disruptions from protest action and lack of government intervention since mid-2024.  Syrah... 


An image of Kgabi Masia
Exxaro reaches mutual separation agreement with former coal head
5th May 2025 By: Tasneem Bulbulia

JSE-listed Exxaro Resources on April 24 reached a mutual separation agreement with Kgabi Masia, its former chief coal operations officer. This development will not affect the company’s operations,... 


gold nugget
Akobo facing liquidity issues following disappointing production results
5th May 2025 By: Darren Parker

Euronext-listed gold producer Akobo Minerals’ gold production for March and April amounted to 1 kg at an average grade of about 3 g/t, which is below the company’s expectations, the company said on... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa announces big increase in gas-to-power load factor to 50%-plus
5th May 2025 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has announced that the load factor for proposed gas-to-power (GtP) plants in South Africa will be increased from 25% to above 50%. Speaking... 


Northern Star completes De Grey acquisition
Northern Star completes De Grey acquisition
5th May 2025 By: Creamer Media Reporter

ASX-listed Northern Star Resources on Monday completed its acquisition of De Grey Mining, gaining ownership of the Hemi gold project in Western Australia. De Grey has applied for its removal from... 


MetalsGrove Mining acquires three gold JV permits in Côte d’Ivoire
5th May 2025 By: Tasneem Bulbulia

ASX-listed MetalsGrove Mining has completed the acquisition of three gold joint venture (JV) permits in central-west Côte d’Ivoire. The permits are strategically located between 60 km and 140 km... 


Artemis declares commercial production at Blackwater
Artemis declares commercial production at Blackwater
5th May 2025 By: Creamer Media Reporter

TSX-V-listed Artemis Gold said on Friday that it had achieved commercial production at the Blackwater mine in central British Columbia. Over the past 30 days, the average processed through... 


BHP partner Lundin unveils large copper, gold and silver resource at Vicuña
BHP partner Lundin unveils large copper, gold and silver resource at Vicuña
5th May 2025 By: Mariaan Webb

Canada’s Lundin Mining has released an initial mineral resource estimate for the sulphide deposit at Filo del Sol and updated estimates for the oxide deposit and the Josemaria project, confirming... 


Natascha Viljoen
Newmont promotes Viljoen to president and COO
5th May 2025 By: Creamer Media Reporter

US-based gold major Newmont has promoted Natascha Viljoen from executive VP and COO to president and COO of the company. Viljoen will continue to report directly to CEO Tom Palmer. 


Prime Minister Anthony Albanese
Labor victory secures path for A$7bn critical minerals incentive, strategic reserve
5th May 2025 By: Mariaan Webb

Australia’s mining industry is set to benefit from the continuation of key policy initiatives after Prime Minister Anthony Albanese and the Labor Party secured a resounding victory in the 2025... 


The Northmet project is a joint venture between Glencore and Teck Resources.
Ten more projects fast-tracked in US critical minerals push, including Glencore-Teck and Sibanye mines
5th May 2025 By: Mariaan Webb

The US government has expanded the programme to accelerate domestic production of critical minerals by adding ten new projects to the federal permitting dashboard under the FAST-41 programme.... 


Anthony Albanese
Albanese landslide offers rare chance to fix Australia’s economy
5th May 2025 By: Bloomberg

Prime Minister Anthony Albanese shocked Australia by securing an historic win in Saturday’s election. Now the question is whether he’ll use that mandate to push through tough measures to overhaul... 


Gold Fields CEO Mike Fraser
Gold Fields strengthens Australian footprint in A$3.7bn Gold Road deal
5th May 2025 By: Mariaan Webb

South African gold producer Gold Fields has entered into a binding agreement to acquire 100% of Australian gold miner Gold Road Resources, in a deal that values the takeover target's equity at... 


Adani Enterprises fourth-quarter profit drops on coal trading weakness
2nd May 2025 By: Reuters

India's Adani Enterprises, the flagship company of the Adani Group, reported a drop in fourth-quarter profit on Thursday, hurt by weaker performance at its coal trading division. The company's... 


US Ex-Im Bank votes to reverse ban on overseas coal lending
2nd May 2025 By: Reuters

The board of the US Export-Import Bank unanimously voted on Thursday to reverse a years-long restriction on lending to coal projects overseas, reflecting President Donald Trump's agenda that calls... 


Ivanhoe founder and co-chairperson Robert Friedland
Ivanhoe expects Kamoa-Kakula to report record copper output for April
2nd May 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), is set to report record production for April, achieving about 50 000 t of copper in concentrate,... 


Trump’s push for deep-sea metals clashes with UN ocean treaty
2nd May 2025 By: Bloomberg

President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now he’s eyeing the global seabed that holds vast troves of critical metals for green technologies but is... 


Robert McEwen
McEwen sees gold equities boom on metal’s bull run to $5 000
2nd May 2025 By: Bloomberg

Bullion’s record-breaking run will attract investors back to gold mining stocks, leading to “explosive” performance in shares of producers of the precious metal, according to Canadian mining... 


An image of the Ity mine
Endeavour on track to achieve full-year guidance following strong first quarter
2nd May 2025 By: Tasneem Bulbulia

London-listed Endeavour Mining says it achieved a strong performance for the first quarter, with production of 341 000 oz at an all-in sustaining cost of $1 129/oz. The company is on track to... 


Aterian to accelerate African growth with trade facility
2nd May 2025 By: Tasneem Bulbulia

London-listed Aterian has secured signed subscriptions for £468 000 of equity capital targeted through the issue of convertible bonds to both new and existing investors. It is intended that... 


Emmerson approaches ICSID for arbitration over Morocco project
2nd May 2025 By: Tasneem Bulbulia

Aim-listed Emmerson has submitted a request for arbitration (RFA) to World Bank arm the International Centre for Settlement of Investment Disputes (ICSID) regarding what it says are breaches by the... 


Hainan provides up to $15m loan facility for Kodal’s Bougouni project
2nd May 2025 By: Sabrina Jardim

Mineral exploration and development company Kodal Minerals says Hong Kong Xinmao Investment (HKXI), a wholly owned subsidiary of Hainan Mining Co, has entered into a loan agreement with Kodal... 


Xtract Resources reports continued high-grade copper and silver intercepts at Silverking
2nd May 2025 By: Sabrina Jardim

Aim-listed Xtract Resources chairperson Colin Bird says the latest assay results from drilling at the Silverking copper project, in Zambia, have doubled the strike extent of the high-grade... 


Hudbay takes full ownership of Copper Mountain mine
2nd May 2025 By: Creamer Media Reporter

TSX- and NYSE-listed Hudbay Minerals has completed its acquisition of Mitsubishi Materials Corporation’s (MMC's) 25% stake in the Copper Mountain mine in British Columbia, giving it full ownership... 


Alamos' Young Davidson mine
Alamos reaffirms 2025 guidance as production builds in second half
2nd May 2025 By: Mariaan Webb

Gold miner Alamos Gold has reaffirmed its full-year production guidance of 580 000 oz to 630 000 oz after delivering first-quarter output of 125 000 oz, at the lower end of its forecast range. The... 


The Keno Hill silver mine in Yukon
Hecla reports first profitable quarter for Keno Hill
2nd May 2025 By: Mariaan Webb

Precious metals miner Hecla Mining’s Keno Hill operation in Canada’s Yukon Territory posted its first profitable quarter under company ownership, even as power disruptions curbed throughput and... 


Anglo American's corporate head office in South Africa
Anglo American shareholders approve demerger of South African unit Amplats
2nd May 2025 By: Reuters

Global miner Anglo American said on Wednesday that shareholders have approved the demerger of its South African unit, Anglo American Platinum (Amplats), along with the company's share... 


New Gold closes New Afton transaction
2nd May 2025 By: Creamer Media Reporter

TSX- and NYSE American-listed New Gold has closed its previously announced $300-million agreement with Ontario Teacher’s Pension Plan to acquire the remaining 19.9% free cash flow interest in the... 


Drilling at Siguiri in Guinea.
AngloGold agrees sale of Côte d’Ivoire projects, acquisition of Guinea project
2nd May 2025 By: Martin Creamer

The New York- and Johannesburg-listed AngloGold Ashanti has agreed to sell its interests in two gold projects in Côte d’Ivoire and simultaneously acquire a project in Guinea, alongside its Siguiri... 


MAC welcomes Carney's election as PM
2nd May 2025 By: Creamer Media Reporter

The Mining Association of Canada (MAC) has officially congratulated Mark Carney on his election victory and upcoming role as the new Prime Minister of Canada. With Carney set to lead the country,... 


A mine in the DRC
US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals
2nd May 2025 By: Reuters

The US is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment... 


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