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Haul truck at a Zambian copper mine
Vedanta weighs US listing to raise $1bn for Zambian copper assets
23rd April 2025 By: Reuters

Vedanta Resources, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1-billion for mine development, three sources familiar... 


Askari Metals exploration
Askari appoints CPS strategic capital markets adviser to aid African prospects
23rd April 2025 By: Marleny Arnoldi

ASX-listed battery metals-focused company Askari Metals has appointed CPS Capital Group as a strategic capital markets adviser to the company for 12 months. CPS has experience in the global... 


Northern Star’s De Grey acquisition becomes effective
Northern Star’s De Grey acquisition becomes effective
23rd April 2025 By: Creamer Media Reporter

Australian gold miner Northern Star Resources’ proposed acquisition of gold developer De Grey Mining has cleared its final legal hurdle, with the Federal Court of Australia approving the... 


Western investors are piling into gold market after three-year hiatus
23rd April 2025 By: Bloomberg

Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded... 


Aterian signs $4.5m trade finance agreement
23rd April 2025 By: Darren Parker

London-listed critical metal-focused exploration and development company Aterian has signed a $4.5-million trade finance agreement with a global commodity trading and financial house. The company... 


Suiso founder Paul Erskine
R31.5bn Suiso coal-to-fertiliser project moves closer to environmental, land-use milestones
23rd April 2025 By: Sabrina Jardim

Blue ammonia production company Suiso’s R31.5-billion coal-to-fertiliser project, the Hiryo plant, in Kriel, Mpumalanga, continues to gain momentum with the recent achievement of critical... 


Commercial production gains momentum at Firering’s Limeco project
23rd April 2025 By: Sabrina Jardim

Aim-listed Firering Strategic Minerals has reported significant progress in the commercial ramp-up of its Limeco quicklime project, in Zambia, noting that the project is well-positioned to become a... 


Resources Watch
Resources Watch
23rd April 2025

This week: Andrada looking to opening more mines in Namibia; Exxaro views collaboration with Eskom as key to lowering of Scope 3 emissions; and, Marokane says Eskom must be given ‘space’ to pursue... 


Lotus advances Kayelekera towards third-quarter production
Lotus advances Kayelekera towards third-quarter production
23rd April 2025 By: Sabrina Jardim

Refurbishment and restart works at ASX-listed Lotus Resources’s Kayelekera uranium project, in Malawi, continue to progress as planned, with first uranium production on track for the third quarter... 


Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
23rd April 2025 By: Mariaan Webb

TSX- and NYSE-listed Triple Flag Precious Metals on Tuesday announced the acquisition of TSX-V-listed Orogen Royalties in a C$421-million transaction that would give the royalty and streaming firm... 


Peru's Antamina copper mine on lockdown after manager killed
Peru's Antamina copper mine on lockdown after manager killed
23rd April 2025 By: Reuters

Peruvian copper mine Antamina on Tuesday launched a full security shutdown after an operations manager was killed and another high-ranking employee was injured in an incident at a mining camp.... 


Ascot appoints interim CFO
23rd April 2025 By: Creamer Media Reporter

Canadian gold developer Ascot Resources has announced a leadership change with the appointment of Christopher Park as interim CFO, effective May 15. Park will succeed CFO Carol Li, who is set to... 


US offers $190m for Victory's Western Australia REE project
US offers $190m for Victory's Western Australia REE project
23rd April 2025 By: Mariaan Webb

Australia's Victory Metals on Wednesday announced that it had received a letter of interest (LoI) from the Export-Import Bank of the United States (EXIM) for up to $190-million in project financing... 


Langer Heinrich mine, in Namibia
Paladin achieves highest quarterly production since restart of Langer Heinrich mine
23rd April 2025 By: Marleny Arnoldi

Western Australia-based uranium producer Paladin Energy has produced 745 484 lb of yellowcake, or triuranium octoxide (U3O8), in the quarter ended March 31, despite weather disruptions at its... 


Sayona and Piedmont move closer to merger
23rd April 2025 By: Creamer Media Reporter

Australia's Sayona Mining and US-based Piedmont Lithium are nearing the completion of their proposed merger, a transaction that would create a new global lithium player, Elevra Lithium, with an... 


Centerra takes 9.9% stake in Thesis Gold
23rd April 2025 By: Creamer Media Reporter

Canadian miner Centerra Gold on Tuesday announced an agreement to acquire a 9.9% stake in Thesis Gold for C$24.2-million. Under the terms of a subscription agreement, Centerra will acquire... 


Afrimat's Demaneng iron-ore mine
Afrimat flags earnings drop on iron-ore, anthracite, cement market challenges
23rd April 2025 By: Schalk Burger

JSE-listed construction materials and industrial minerals company Afrimat expects to report an 85% to 90% year-on-year decrease in earnings per share (EPS) and headline earnings per share (HEPS)... 


Caracal executive director Jason Brewer
Caracal appoints new nonexec directors, chairperson
23rd April 2025 By: Sabrina Jardim

Aim-listed Caracal Gold has appointed Noreen Kidunduhu as its new independent nonexecutive chairperson and Kevin Warrington, Martin Westerman, Hannah Wang'ombe and Edward Ruheni as independent... 


Fresnillo shares dive 10% as first-quarter silver output drops 9%
Fresnillo shares dive 10% as first-quarter silver output drops 9%
23rd April 2025 By: Reuters

Shares in Mexico-focused miner Fresnillo slumped as much as 10% in early trade on Wednesday after the company reported about a 9% decline in first-quarter silver production, hurt partly by work... 


WA pushes mineral exploration with A$11.2m grant round
23rd April 2025 By: Creamer Media Reporter

Western Australia has awarded A$11.2-million in grants to 77 exploration projects under its flagship exploration incentive scheme (EIS), reinforcing the state’s push to secure future mineral supply... 


Chile moves forward with lithium projects in three salt flats
23rd April 2025 By: Reuters

Chile's government said it is moving forward with a simplified process to award lithium contracts in three salt flats, the mining ministry said on Tuesday. The agency stated that it has accepted... 


Drill rig at Siguiri gold mine
Capital foresees revenue gains this year despite lower first-quarter results
23rd April 2025 By: Marleny Arnoldi

London-listed mining services company Capital has signed four new contracts for diamond and reverse circulation drilling in Guinea, Côte d’Ivoire and Tanzania, which will help meet its revenue... 


JP Morgan see gold prices crossing $4 000/oz by Q2 2026
JP Morgan see gold prices crossing $4 000/oz by Q2 2026
23rd April 2025 By: Reuters

JP Morgan sees gold prices crossing the $4 000 per ounce milestone next year, following increased recession probabilities amid boosted US tariffs and an ongoing US-China trade war, the bank said in... 


Woodside weighs Trump tariff impact on $1.2bn Louisiana LNG project
23rd April 2025 By: Reuters

Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of US tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches... 


The Hemlo mine
Barrick Gold seeks buyers for its last mine in Canada
23rd April 2025 By: Bloomberg

Barrick Gold is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April... 


BHP prepares to start succession process for mining’s top job
BHP prepares to start succession process for mining’s top job
23rd April 2025 By: Bloomberg

BHP Group is preparing to begin looking for a new chief executive officer in the coming months, with key lieutenants already jostling for position to succeed boss Mike Henry at the top of the... 


A handful of ferrochrome.
Working group has been established to extend ferrochrome's horizon, Minister reports
22nd April 2025 By: Martin Creamer

A working group with industry has been established to improve the operating environment for long-term sustainability of South Africa’s ferrochrome industry, Trade, Industry and Competition Minister... 


An oil refinery
Silver lining spied for Africa’s gold exporters, oil importers
22nd April 2025 By: Bloomberg

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While... 


Botala to raise A$1.25m through new share placement
22nd April 2025 By: Darren Parker

ASX- and BSE-listed coal exploration and development company Botala Energy has secured firm investment commitments from institutional, sophisticated and professional investors to raise... 


The Donlin Gold project in Alaska
Barrick exits Donlin Gold in $1.1bn deal with Paulson and NOVAGOLD
22nd April 2025 By: Mariaan Webb

Canadian miner Barrick Gold on Wednesday announced a deal to divest its 50% stake in the Donlin Gold project in Alaska for up to $1.1-billion, marking an exit from the asset while strengthening its... 


Guinea flag
Traka enters into 75% earn-in agreement in Guinea
22nd April 2025 By: Marleny Arnoldi

ASX-listed Traka Resources has signed an exclusive agreement with Guinea-based Alamako Corporation International to earn a 75% interest in the Didi gold project, which is highly prospective for... 


Gold trinkets
Rand Refinery deepens support to prior mentees in mentorship programme
22nd April 2025 By: Marleny Arnoldi

Gold and silver refiner Rand Refinery has reaffirmed its commitment to inclusive growth and enterprise development in the local jewellery sector, as its Silver and Gold Mentorship Programme enters... 


RareX, Iluka establish consortium to develop project in Kenya
22nd April 2025 By: Sabrina Jardim

ASX-listed RareX has entered into a consortium agreement with Australian miner Iluka Resources to apply for the Mrima Hill rare earth/niobium/phosphate/manganese project licence, in Kenya. RareX... 


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