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diamonds at market
Petra launches £18.8m rights issue to complete long-term refinancing
17th October 2025 By: Darren Parker

Diamond producer Petra Diamonds has launched an £18.8-million rights issue as the final step in completing a long-term refinancing agreement that extends the company’s debt maturities by up to four... 


Hindustan Zinc posts quarterly profit rise on strong silver, zinc prices
17th October 2025 By: Reuters

India's Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand. India's top... 


Sunshine Silver plans US antimony refinery
Sunshine Silver plans US antimony refinery
17th October 2025 By: Creamer Media Reporter

Private company Sunshine Silver Mining and Refining (SSMRC) has announced plans to revive one of the US's most storied silver mines and build the country’s only large-scale, permitted antimony... 


Ghana gold mine
State-run gold body has boosted Ghana's foreign reserves, central bank chief says
17th October 2025 By: Reuters

Ghana's central bank has rebuilt its foreign reserves to the equivalent of four and a half months of import cover after they were nearly depleted during a 2022 economic crisis, Governor Johnson... 


Jubilee in Zambia.
Sale of South African chrome, PGM assets progressing well, Zambia-focused Jubilee reports
17th October 2025 By: Martin Creamer

Workstreams to conclude the sale by Jubilee Metals of its South African chrome and platinum group metals (PGM) operations are progressing well, the now Zambia copper focused London AIM- and... 


NexGen raises A$1bn to advance Rook I uranium project
NexGen raises A$1bn to advance Rook I uranium project
17th October 2025 By: Creamer Media Reporter

Dual-listed uranium developer NexGen Energy has closed a global equity offering raising A$1-billion (C$950-million) to advance its flagship Rook I project in Saskatchewan’s Athabasca basin. The... 


Africa collaboration, De Beers interest, reviving ferroalloy smelters make headlines
Africa collaboration, De Beers interest, reviving ferroalloy smelters make headlines
17th October 2025

Mining Weekly Editor Martin Creamer discusses the fourteenth Oppenheimer Research Conference hearing that Africa should collaborate to protect the planet; Botswana and Angola seeking an interest in... 


Minister Tim Hodgson
Canada unfazed by US moves on critical minerals, calls it 'capitalism in action'
17th October 2025 By: Mariaan Webb

Canada’s Natural Resources Minister, Tim Hodgson, says the government is not alarmed by the US taking minority stakes in Canadian critical minerals companies, describing the moves as “capitalism in... 


BHP's China Jimblebar iron-ore stocks rise as trade stalls amid contract talks, sources say
BHP's China Jimblebar iron-ore stocks rise as trade stalls amid contract talks, sources say
17th October 2025 By: Reuters

Stocks of a type of iron-ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China's state-run... 


Tanbreez in Greenland is being positioned to strengthen Western supply chains for rare earth elements.
European Lithium sells another $50m in CRML shares
17th October 2025 By: Mariaan Webb

ASX-listed European Lithium has further monetised its stake in Nasdaq-listed Critical Metals Corp (CRML), selling a block of shares worth $50-million in an off-market deal to a single US... 


GM, Vale pause battery material plans in Canada on EV pullback
17th October 2025 By: Bloomberg

General Motors Co. and a partner have paused the second phase of a cathode factory in Quebec, resulting in the cancellation of a nickel sulfate project by Vale SA. GM agreed in 2022 to buy nickel... 


Magazine round up | 17 October 2025
Magazine round up | 17 October 2025
17th October 2025

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


Magazine cover image
How Southern Africa could unlock funding for critical minerals investment
17th October 2025 By: Sabrina Jardim

As the world transitions to cleaner energy, Southern Africa's abundant critical mineral resources, which could be key ingredients for many low-carbon technologies, have come into sharper focus.... 


URU progressing South African project
16th October 2025 By: Tasneem Bulbulia

London-listed URU Metals has appointed GF International to undertake a combined ground gravity and frequency-domain electromagnetic survey over two priority targets at its Zeb nickel project, near... 


Shuka Minerals reports further delay in funding for Kabwe zinc mine acquisition
16th October 2025 By: Darren Parker

Aim- and AltX-listed Shuka Minerals has reported another delay in the release of funds needed to complete its planned acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine, in... 


NGEx sets date for spin-out of LunR Royalties
16th October 2025 By: Mariaan Webb

Copper and gold explorer NGEx Minerals has set October 23 as the effective date for the spin-out of its royalty interests in the Lunahuasi and Los Helados projects into a new company, LunR... 


Shirley Hayes
Copper 360 appoints independent nonexecutive directors at AGM
16th October 2025 By: Sabrina Jardim

JSE-listed Copper 360 has elected Peter Scott, Beverley Bouwer and Lindiwe Montshiwagae as independent nonexecutive directors, with effect from October 15, at its AGM held on the same date. The... 


mining truck
Operational complexity overtakes external pressures as mining’s top risk for 2026 – EY
16th October 2025 By: Darren Parker

Operational complexity has emerged as the top business risk for the global mining and metals sector in 2026, overtaking external pressures such as geopolitics and sustainability as the key... 


Gold refining
HSBC raises average gold price forecasts for 2025 and 2026
16th October 2025 By: Reuters

HSBC has raised its 2025 average gold price forecast to $3 355 per ounce from $3 215 due to safe-haven demand driven by geopolitical tensions, economic uncertainty, and a weakening US dollar.... 


Bauxite at a port in Guinea
Guinea bauxite exports jump 23% in 3rd quarter despite rains, regulatory pressure
16th October 2025 By: Reuters

Guinea’s bauxite exports surged 23% year-on-year in the third quarter, defying heavy rains and regulatory headwinds, official data showed. Shipments of the critical aluminium feedstock rose to... 


Openpit mining operations at MRM
Two police officers killed in clashes with illegal miners at Gemfields' Mozambique ruby mine
16th October 2025 By: Creamer Media Reporter

Gemstone miner Gemfields has confirmed the death of two police officers at its Montepuez Ruby Mining (MRM) operation, in Mozambique, earlier this week. The company explains that about 40 illegal... 


Reqo Dik
Capital again raises its full-year revenue guidance following a strong third quarter
16th October 2025 By: Sabrina Jardim

London-listed mining services group Capital has reported that its third quarter, ended September 30, delivered its highest quarterly revenue in its operating history, supported by a steady drilling... 


Sadiola mine
Allied Gold to raise C$175m for Sadiola, Kurmuk
16th October 2025 By: Sabrina Jardim

TSX-listed Allied Gold Corporation has announced an overnight marketed offering of common shares of the company to be offered by way of a short form prospectus supplement to be filed in all of the... 


Fortuna’s Diamba Sud study points to high-return, quick-payback gold project in Senegal
16th October 2025 By: Creamer Media Reporter

Canada-based Fortuna Mining has unveiled a strong set of numbers for its Diamba Sud gold project in Senegal, with a new economic assessment showing the openpit operation could pay back its capital... 


Teck's Highland Valley copper operation in Canada is a participant of the Copper Mark.
Copper Mark seeks independent chair to steer shift to global mining standard
16th October 2025 By: Mariaan Webb

The Copper Mark has opened applications for an independent chair of its board of directors as it prepares to take on a broader mandate – managing the new Consolidated Mining Standard, a global... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa to provide ‘IRP 2025’ briefing after Cabinet approves policy
16th October 2025 By: Terence Creamer

Cabinet has approved the new Integrated Resource Plan for electricity, which is being referred to as ‘IRP 2025’. Minister in the Presidency Khumbudzo Ntshavheni indicated that the plan outlined the... 


Ergo processing plant.
More liquid DRDGOLD generates additional first-quarter cash
16th October 2025 By: Martin Creamer

The high gold price has increased liquidity and cash generated by DRDGOLD in the three months to the end of September, the first quarter of the 2026 financial year of this Johannesburg- and New... 


SAIMC COO and SAIMC User Advisory Council chairperson Gerhard Greeff
People remain central to deriving full value from tech, SAIMC conference hears
16th October 2025 By: Schalk Burger

Three presenters participating in industry organisation the Society for Automation, Instrumentation, Mechatronics and Computer Engineering’s (SAIMC’s) 2025 summit highlighted the importance of... 


coal fines
South African company turning ultrafine coal waste into usable fuel
16th October 2025 By: Darren Parker

South African coal treatment service provider River Energy is recovering fine and ultrafine coal from stockpiles and disposal sites, converting material previously considered waste into usable coal... 


Rough diamonds
Botswana's ODC sets first contract diamond sales for November
16th October 2025 By: Reuters

Botswana's State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government's new deal with De Beers, MD... 


Uncut diamonds
Namibia central bank chief calls for diamond royalty relief extension
16th October 2025 By: Reuters

Namibia's central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn,... 


Alchemy strikes 'game-changing deal' with Newcam on Bryah iron-ore projects
Alchemy strikes 'game-changing deal' with Newcam on Bryah iron-ore projects
16th October 2025 By: Mariaan Webb

ASX-listed Alchemy Resources has signed a binding option agreement with private miner Newcam Minerals that could see the experienced Western Australian iron-ore producer earn up to a 60% stake in... 


US Treasury Secretary Scott Bessent
US may seek more stakes in strategic companies to counter China, Bessent says
16th October 2025 By: Reuters

he Trump administration will seek to tighten control over strategic sectors by taking more equity stakes in key companies to counter China's economic policies and export restrictions, Treasury... 


Paladin's Langer Heinrich uranium mine in Namibia
Paladin accepts A$100m after SPP draws seven times initial target
16th October 2025 By: Mariaan Webb

Uranium miner Paladin Energy said on Thursday that it would accept A$100-million from a heavily oversubscribed share purchase plan (SPP), after receiving applications worth more than A$138 million... 


Treasury Secretary Scott Bessent
Greer, Bessent blast China's rare earths curbs, urge Beijing not to implement them
16th October 2025 By: Reuters

Top US officials on Wednesday blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said Beijing could still change course and avoid steps by... 


ANZ forecasts gold prices to hit $4 400/oz by year-end
ANZ forecasts gold prices to hit $4 400/oz by year-end
16th October 2025 By: Reuters

ANZ on Thursday forecasts gold prices to surge to $4 400 per ounce by year-end, with a peak near $4 600 by June 2026, before a potential decline in the second half as the US Federal Reserve... 


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31st October 2025 By: Martin Creamer

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