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An image showing the Tswelopele pelletising and sintering plant
PSV chrome legacy agreement enhanced – Merafe
19th February 2025 By: Tasneem Bulbulia

An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced.... 


Metso awarded contract to repair, upgrade bucket-wheel stacker reclaimer
19th February 2025 By: Schalk Burger

Materials handling and mining equipment company Metso has been awarded an order to provide repairs and upgrades for a bucket-wheel stacker reclaimer at a customer’s stockyard operations in Africa.... 


Wheaton CEO Randy Smallwood
Wheaton exceeds 2024 guidance, projects strong growth to 2029
19th February 2025 By: Creamer Media Reporter

Canadian streaming company Wheaton Precious Metals said on Tuesday that it had produced 633 000 gold-equivalent ounces (GEOs) in 2024, surpassing the upper-end of its guidance range of 620 000... 


Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
19th February 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3... 


Gemfields CEO Sean Gilbertson
Zambia suspends export tax on precious stones, metals
19th February 2025 By: Reuters

Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The... 


Westgold confirms potential Lakewood mill sale
Westgold confirms potential Lakewood mill sale
19th February 2025 By: Mariaan Webb

Dual-listed gold miner Westgold Resources said on Wednesday that the review of its expanded portfolio remained ongoing and confirmed that it could include the potential sale of the Lakewood... 


The Somair mine in Niger
Orano looks to Mongolia as new source for uranium as Niger problems drag on
19th February 2025 By: Reuters

 French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production... 


Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
19th February 2025 By: Mariaan Webb

Japanese conglomerate Mitsui & Co has announced a $5.34-billion acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. As part of the transaction, Mitsui will acquire VOC... 


Santos CEO Kevin Gallagher
Santos posts lower profits and slashes dividend, but sees growth ahead
19th February 2025 By: Reuters

Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit and slashed its dividend by 41% on Wednesday, but remained confident it was reaching an "inflection... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


BHP raises $3bn through US bond issue
BHP raises $3bn through US bond issue
19th February 2025 By: Reuters

BHP Group, the world's largest listed miner, on Wednesday said it raised $3-billion through an issue of senior unsecured bonds in the United States. The bonds will be issued in three tranches by... 


Mineral Resources CEO Chris Ellison
Mineral Resources sees worst day in 16 yrs on production woes, higher costs
19th February 2025 By: Reuters

Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron... 


Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
19th February 2025 By: Reuters

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 


Cobalt Blue diversifies, proposes name change
Cobalt Blue diversifies, proposes name change
18th February 2025 By: Creamer Media Reporter

ASX-listed Cobalt Blue Holdings (COB) on Tuesday announced an earn-in agreement with AuKing Mining for the Halls Creek project in Kimberley, Western Australia. The earn-in agreement diversifies... 


An image showing Sylvania Platinum's Mooinooi operation
Sylvania increases full-year guidance on the back of strong interim performance
18th February 2025 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 


Kumba CE Mpumi Zikalala
Kumba posts lower earnings, dividend as steel demand weakened in 2024
18th February 2025 By: Marleny Arnoldi

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 


An image showing the Madaouela uranium project
GoviEx, Niger agree on strategic roadmap
18th February 2025 By: Tasneem Bulbulia

TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


St Barbara disputes PNG tax assessment
St Barbara disputes PNG tax assessment
18th February 2025 By: Mariaan Webb

Australian gold miner St Barbara has rejected a tax assessment issued by Papua New Guinea’s Internal Revenue Commission (IRC), which demands about A$175-million in additional taxes and penalties.... 


MMC procures crystalliser plant to produce battery-grade manganese material
MMC procures crystalliser plant to produce battery-grade manganese material
18th February 2025 By: Sabrina Jardim

Manganese producer and exporter Manganese Metal Company (MMC) has awarded crystallisation and evaporation plant and systems provider JordProxa Africa a contract to supply it with a crystalliser... 


Goldman raises gold target to $3 100 on central-bank appetite
Goldman raises gold target to $3 100 on central-bank appetite
18th February 2025 By: Bloomberg

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the... 


dump truck
Infrastructure slowdown in Australasia impacts on Aveng’s revenue
18th February 2025 By: Darren Parker

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 


Master Drilling executive director Koos Jordaan
New diamond-enabled cutting technology partnership announced
18th February 2025 By: Shannon de Ryhove

World leader in the design, development and production of synthetic diamond advanced material solutions Element Six, part of the De Beers Group, and global leader in drilling technology solutions... 


Ex-Glencore, Lundin execs launch firm hunting for copper, gold assets
18th February 2025 By: Reuters

Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15-billion in available... 


Winsome raises cash for Canada lithium project
18th February 2025 By: Creamer Media Reporter

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec.... 


Barrick signs MoU with Zambia to boost mining and exploration
Resources Watch
18th February 2025

This week: Barrick signs MoU with Zambia to boost mining and exploration and, Pan African says it can operate and grow in South Africa ‘very successfully’ 


Chilean miner Antofagasta's annual core profit rises 11%
18th February 2025 By: Reuters

Chilean copper miner Antofagasta posted an 11% jump in annual core profit on Tuesday, helped by higher metal prices. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the... 


Barro Alto nickel in Brazil
MMG to acquire Anglo American's nickel business for $500m
18th February 2025 By: Mariaan Webb

Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes... 


Robert Friedland
Billionaire Friedland’s iron-ore miner seeks up to A$300m in Australia IPO
18th February 2025 By: Bloomberg

Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people... 


Indonesian parliament set to vote on amendment to mining law
18th February 2025 By: Reuters

Indonesia's parliament is set to vote on Tuesday on a bill to revise the country's mining law to boost development of domestic mineral processing industries and regulate mining permits for... 


Australia should supply uranium for nuclear power, says US energy secretary
18th February 2025 By: Reuters

The United States "would love to" see Australia supplying uranium for nuclear power, US Energy Secretary Chris Wright said on Monday, speaking at a conference in London. "I would love to see... 


The Pluto LNG plant
Woodside, Santos face earnings dip; growth projects in focus
18th February 2025 By: Reuters

Woodside Energy and Santos, Australia's top oil and gas producers, are expected to log a modest fall in annual earnings, with investors seeking more clarity on dividend payouts amid lingering... 


BHP CEO Mike Henry
BHP CEO strikes upbeat tone despite profit decline
18th February 2025 By: Mariaan Webb

Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted... 


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