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Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
Citi raises gold forecast to $3 500/oz over next 3 months on negative US outlook
4th August 2025 By: Reuters

Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that... 


Evolution Mining MD and CEO Lawrie Conway speaking on the first day of the Diggers and Dealers Mining Forum in Kalgoorlie.
Gold’s rapid rise demands discipline from miners – Conway
4th August 2025 By: Mariaan Webb

Gold’s historic price surge has opened the door to margin expansion for producers, but Australian gold and copper miner Evolution Mining MD and CEO Lawrie Conway has cautioned the sector to avoid... 


Australian Vanadium Limited CEO Graham Arvidson addressing the Diggers and Dealers Mining Forum on Monday.
Vanadium's time has come, says AVL CEO amid global storage shift
4th August 2025 By: Mariaan Webb

The global energy transition is under threat unless more attention is paid to long-duration energy storage, Australian Vanadium Limited (AVL) CEO Graham Arvidson has warned. Speaking at mining... 


Greer says US-China talks 'about halfway there' on rare earths
Greer says US-China talks 'about halfway there' on rare earths
4th August 2025 By: Bloomberg

US Trade Representative Jamieson Greer sounded a cautiously optimistic note on discussions with China on rare earth flows, following trade talks that further steadied ties between the economies.... 


Outgoing Boss Energy MD and CEO Duncan Craib
Boss Energy CEO urges Australia to capitalise on uranium opportunity
4th August 2025 By: Mariaan Webb

Uranium mining company Boss Energy MD and CEO Duncan Craib has called on Australia to unlock its vast uranium resources, warning that the country is missing out on a once-in-a-generation... 


Aiden Morris speaking at the Diggers and Dealers Mining Forum.
Australia’s energy transition 'simply impossible', mining conference told
4th August 2025 By: Mariaan Webb

Australia’s energy transition is “simply impossible” under current policy settings and economic realities, analyst Aiden Morrison told delegates at the Diggers and Dealers Mining Forum in... 


Arizona Lithium inks rail deal to boost Prairie project’s global reach
Arizona Lithium inks rail deal to boost Prairie project’s global reach
4th August 2025 By: Mariaan Webb

ASX-listed Arizona Lithium has announced a nonbinding memorandum of understanding (MoU) to develop a dedicated transload facility for its Prairie lithium project in Saskatchewan, Canada. The... 


Progress on the wharf.
Pacific Lime and Cement greenlights PNG lime project
4th August 2025 By: Creamer Media Reporter

ASX-listed Pacific Lime and Cement has approved the final investment decision (FID) to move ahead with its flagship Central Lime Project (CLP) in Papua New Guinea, charting a debt-free development... 


Vale says ERG Brazil mine investment still not adding up
Vale says ERG Brazil mine investment still not adding up
4th August 2025 By: Bloomberg

Top iron-ore producer Vale continues to weigh an investment in Eurasian Resources Group’s Brazilian mine project, but says it has not yet found a cost-effective way to develop it. “The volume of... 


Santos commits Narrabri gas for domestic supply in deal with ENGIE
4th August 2025 By: Reuters

Oil and gas producer Santos on Monday said it will supply utility firm Engie with up to 20 petajoules of natural gas a year from its Narrabri project in New South Wales that has been entirely... 


MinRes, Dynamic amend terms of Widgiemooltha lithium JV
4th August 2025 By: Creamer Media Reporter

ASX-listed companies Mineral Resources (MinRes) and Dynamic Metals have revised the terms of their lithium-focused joint venture (JV) at the Widgiemooltha project in Western Australia, extending... 


Peruvian informal miners suspend talks with government due to disagreements in negotiations
4th August 2025 By: Reuters

Informal miners in Peru suspended talks with the government and may resume protests due to disagreements in negotiations, one of the protest leaders said on Friday. CONFEMIN union leader, Maximo... 


Codelco ends El Teniente rescue effort after five miners found dead
Codelco ends El Teniente rescue effort after five miners found dead
4th August 2025 By: Reuters

 All five workers at Chile's El Teniente copper mine who were trapped in a collapse last week have been found dead, miner Codelco said on Sunday, as it vowed to investigate the cause and improve... 


Northern Star's Jubilee mill.
Gold miners shine as WA Index climbs 3.7% on M&A, geopolitical turmoil
4th August 2025 By: Creamer Media Reporter

The market capitalisation of Western Australia’s listed entities climbed 3.7% over the past financial year to A$362.7-billion, buoyed by soaring gold prices and a wave of mergers and acquisitions,... 


Gold rush fills coffers of Aussie miners as bullion prices surge
Gold rush fills coffers of Aussie miners as bullion prices surge
3rd August 2025 By: Mariaan Webb

Australia’s leading gold miners are sitting on war chests of cash and bullion worth hundreds of millions of dollars as record gold prices swell balance sheets and prompt questions about how... 


Caracal enters into exclusivity agreement with Tanzanian company
1st August 2025 By: Darren Parker

LSE-listed Caracal Gold has entered into an exclusivity agreement with Tanzanian mining and exploration company Pumba Resources in respect of its portfolio of gold prospecting licence applications... 


Codelco says it has yet to reach missing workers at El Teniente mine
Codelco says it has yet to reach missing workers at El Teniente mine
1st August 2025 By: Reuters

Chilean copper producer Codelco has still not had contact with five missing workers at El Teniente's Andesita unit following a seismic incident that killed one person, El Teniente's general manager... 


Newmont unlocks $100m payment as Ghana ratifies Akyem lease
Newmont unlocks $100m payment as Ghana ratifies Akyem lease
1st August 2025 By: Creamer Media Reporter

US-based Newmont has unlocked a $100-million payment from Zijin Mining following the ratification of the Akyem East mining lease by Ghana’s Parliament, marking a key milestone in the company’s... 


Orion extends share purchase plan closing date
1st August 2025 By: Darren Parker

ASX- and JSE-listed Orion Minerals has advised shareholders that the closing date of its share purchase plan (SPP) has been extended by one week to August 12, from the original closing date of... 


Kibali gold mine in Democratic Republic of Congo.
Soaring free cash flow uplifts AngloGold dividend payout as debt plummets 92%
1st August 2025 By: Martin Creamer

The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights... 


Copper ‘lotto tickets’ pay off after Trump shrinks from tariffs
Copper ‘lotto tickets’ pay off after Trump shrinks from tariffs
1st August 2025 By: Bloomberg

Options traders who bet the Trump administration would renege on its promise to tariff raw copper imports are cashing in big. On Wednesday evening, more than 31 000 contracts went from... 


An image of an Eskom coal-fired power station
FFF Carbon to host responsible coal-fired power generation discussion
1st August 2025 By: Tasneem Bulbulia

As part of its Colloquia in Energy, Economics and the Environment, nonprofit organisation FFF Carbon will host its first series, “Power Generation: Opportunities for responsible coal-fired power... 


Aura secures US offtake, spot sales agreements for Tiris uranium project
1st August 2025 By: Sabrina Jardim

ASX- and Aim-listed Aura Energy has executed two agreements for the future sales of uranium oxide concentrate (UOC) from its Tiris uranium project, in Mauritania. It has entered into a long-term... 


An image of Quinton Adams
Two Copper 360 directors resign from board amid restructuring process
1st August 2025 By: Tasneem Bulbulia

Gordon Thompson and Quinton Adams have resigned from the board of JSE-listed Copper 360 with effect from July 31, as a consequence of the company restructuring its management, operational and... 


Koryx president and CEO Heye Daun.
Koryx closes $25m fundraising drive
1st August 2025 By: Sabrina Jardim

TSX-V-listed Koryx Copper has closed its previously announced bought deal public offering of an aggregate of 19.05-million common shares of the company at a price of C$1.05 per common share for... 


Graphite from Blencowe
Blencowe signs graphite offtake agreement with UK-based firm
1st August 2025 By: Tasneem Bulbulia

London-listed Blencowe Resources has signed a nonbinding agreement for the offtake of natural fine flake concentrate from its Orom-Cross graphite project, in Uganda, with UK-based advanced... 


Jeff Quartermaine
Perseus appoints new MD as Quartermaine retires after 12-year stint
1st August 2025 By: Sabrina Jardim

After 12 years, Jeff Quartermaine will retire as MD and CEO of ASX-listed Perseus Mining, with effect from September 30. Quartermaine will be succeeded by Craig Jones, who will begin work with... 


A May 2025 image of the Skouries project in northern Greece.
Eldorado’s Skouries project hits 70% completion, first production set for early 2026
1st August 2025 By: Mariaan Webb

Vancouver-based Eldorado Gold said on Thursday that its Skouries copper/gold project in northern Greece had reached 70% completion, keeping the company on track to deliver first production in the... 


Image broadens post-Atlas development pipeline
Image broadens post-Atlas development pipeline
1st August 2025 By: Mariaan Webb

ASX-listed Image Resources has unveiled plans to expand its project development pipeline beyond the recently commissioned Atlas mineral sands project in Western Australia, as part of a strategy to... 


China 2025 copper output set to hit record high despite feedstock shortages
China 2025 copper output set to hit record high despite feedstock shortages
1st August 2025 By: Reuters

China's refined copper output is set to hit a record high in 2025, analysts say, as its giant smelting sector powers through a global shortage of copper ore that is forcing some overseas... 


Valterra Platinum, De Beers, Kumba Iron Ore make headlines
Valterra Platinum, De Beers, Kumba Iron Ore make headlines
1st August 2025

Mining Weekly Editor Martin Creamer discusses Valterra Platinum’s feasibility study into the development of Sandsloot Underground in Limpopo; Anglo's belief that De Beers is well positioned to... 


Newmont exits Orosur Mining stake in C$5.6m sale
1st August 2025 By: Creamer Media Reporter

Gold miner Newmont has sold its entire stake in Orosur Mining, marking a complete exit from the junior South America-focused exploration company. The world’s biggest gold producer announced... 


Codelco says worker dead, several injured after 'seismic event' at El Teniente mine
1st August 2025 By: Mariaan Webb

Chilean copper miner Codelco said on Thursday that one worker died at the Andesita project of its El Teniente mine after what it called a “seismic event” around 5:30 p.m. local time. The company... 


Australian Trade Minister Don Farrell
Australia eyes more US exports as Trump holds tariffs at 10%
1st August 2025 By: Reuters

 Australian products could become more competitive in the US market, helping businesses boost exports, Trade Minister Don Farrell said on Friday, after US President Donald Trump kept the minimum... 


US President Donald Trump and Canada PM Mark Carney pictured together at a G7 meeting in June.
Trump increases tariff on Canada to 35% from 25%
1st August 2025 By: Reuters

US President Donald Trump on Thursday signed an executive order increasing tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada trade agreement, the White... 


Capstone Copper hits revenue record in Q2
1st August 2025 By: Mariaan Webb

TSX- and ASX-listed Capstone Copper reported its highest-ever quarterly revenue and adjusted earnings before interest, tax, depreciation and amortisation (Ebitda), buoyed by strong sulphide copper... 


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