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BlackRock leaves major climate group amid Wall Street exodus
BlackRock leaves major climate group amid Wall Street exodus
10th January 2025 By: Bloomberg

BlackRock is exiting one of the world’s biggest climate finance groups for investors after being targeted by Republican politicians for its efforts on global warming. The money manager said... 


Trump tariff fears spark disconnect in silver and copper markets
Trump tariff fears spark disconnect in silver and copper markets
10th January 2025 By: Bloomberg

Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a... 


Congo rebels muddy minerals market with illegal Rwanda exports, says UN report
9th January 2025 By: Reuters

Rebels in eastern Democratic Republic of Congo fraudulently exported at least 150 metric tons of coltan to Rwanda last year, leading to the largest contamination of the Great Lakes Region's mineral... 


Osisko COO Tremblay steps down
9th January 2025 By: Sabrina Jardim

NYSE- and TSX-V-listed Osisko has reported that COO Éric Tremblay is leaving the company, effective immediately, to pursue other professional commitments in the mining sector. The company says it... 


An image showing the Kamoa-Kakula copper complex
Ivanhoe sets DRC copper target of up to 580 000 t for 2025
9th January 2025 By: Tasneem Bulbulia

TSX-listed Ivanhoe Mines has announced its 2025 production target for the Kamoa-Kakula copper complex in the Democratic Republic of the Congo (DRC), aiming for between 520 000 t and 580 000 t in... 


The nuGen™ green hydrogen fuel cell truck retrofitted from a diesel-powered vehicle.
Mining needs to commit to intensified decarbonisation goals, consulting firm shows
9th January 2025 By: Martin Creamer

The mining industry needs to commit to an intensified pursuit of decarbonisation goals amid the rate of greening being too slow to meet science-based targets, consulting services firm dss+ points... 


Gold ore
Westgold reports production increases at several mines in Q2
9th January 2025 By: Marleny Arnoldi

ASX- and TSX-listed Westgold Resources continues to increase its quarterly gold production, having produced 80 886 oz of gold in the second quarter of the 2025 financial year. This compares to 77... 


St George partners with scientific agencies for niobium and REE production in Brazil
9th January 2025 By: Sabrina Jardim

ASX-listed St George Mining has partnered with the Brazilian research and innovation agencies to advance the downstream processing and production of niobium and rare earths elements (REE) from its... 


Phase 2 DFS drilling starts at Barroso lithium project
9th January 2025 By: Schalk Burger

Lithium mineral resource project developer Savannah Resources has recommenced drilling as it moves towards the finalisation of the definitive feasibility study (DFS) for the Barroso lithium... 


Atlas mineral sands project on track for Q1 commissioning - Image Resources
9th January 2025 By: Schalk Burger

ASX-listed mineral sands-focused mining company Image Resources has announced that construction progress remains on track to start the commissioning and first heavy mineral concentrate (HMC)... 


Indonesia nickel move may cut global supply 35%, Macquarie says
Indonesia nickel move may cut global supply 35%, Macquarie says
9th January 2025 By: Bloomberg

Potential cuts to Indonesian nickel mine output could remove more than a third of global supply from the market, according to Macquarie Group, presenting a significant upside risk to prices. The... 


Greenstone mine, in Ontario
Equinox delivers strongest production year yet
9th January 2025 By: Marleny Arnoldi

Canadian miner Equinox Gold has reported its strongest quarterly and yearly gold production in its history, having produced 213 906 oz of gold in the fourth quarter and 621 870 oz in the full year.... 


China to keep tapping coal to meet its energy security needs
China to keep tapping coal to meet its energy security needs
9th January 2025 By: Bloomberg

Cheap coal will continue to provide the ballast for China’s energy security in the coming year, according to the country’s top industry grouping. Output is likely to rise 1.5% in 2025 for a ninth... 


Alamos appoints new chairperson
9th January 2025 By: Creamer Media Reporter

Intermediate gold producer Alamos Gold on Wednesday announced the appointment of Robert Prichard as chairperson of the board, succeeding Paul Murphy, who passed away in December. Prichard has been... 


Macmahon wins $463m Indonesia gold contract
9th January 2025 By: Creamer Media Reporter

Australia’s Macmahon Holdings announced on Thursday that it had been awarded a $463-million mining services contract for the Awak Mas gold project in South Sulawesi, Indonesia, by PT Masmindo Dwi... 


Industry calls for expansion of Australia’s junior exploration tax incentive
Industry calls for expansion of Australia’s junior exploration tax incentive
9th January 2025 By: Mariaan Webb

The Association of Mining and Exploration Companies (AMEC) has called on the Australian government to extend and expand the Junior Minerals Exploration Incentive (JMEI), citing its substantial... 


Gold ETFs drew first net inflow in four years in 2024, WGC says
Gold ETFs drew first net inflow in four years in 2024, WGC says
9th January 2025 By: Reuters

Physically backed gold exchange-traded funds (ETFs) registered a modest net inflow of $3.4-billion in 2024, their first inflow in four years, even though their holdings fell by 6.8-metric tons, the... 


Jonathan Wilkinson
Canada's Wilkinson warns Trump against an oil trade war
9th January 2025 By: Bloomberg

Donald Trump’s claim that the US doesn’t need anything from Canada is “simply false,” said Jonathan Wilkinson, Canada’s Energy Minister and a potential candidate in the contest to replace Justin... 


Codelco taps debt market to fund record copper-mine investments
Codelco taps debt market to fund record copper-mine investments
9th January 2025 By: Bloomberg

Codelco is tapping the bond market to the tune of about $1.5-billion to help fund record investments needed to retain its status as the world’s biggest copper producer. Chile’s state mining firm... 


Maximo Pacheco
Codelco copper output up in 2024
9th January 2025 By: Reuters

Copper production from Chile's Codelco, the world's largest producer of the red metal, reached 1.328-million metric tons last year, according to an internal document seen by Reuters on Wednesday.... 


Shell writes down Namibia oil discovery in blow to country
Shell writes down Namibia oil discovery in blow to country
9th January 2025 By: Reuters

Shell will write down around $400-million overan oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude... 


Brazil offers $815m to back strategic minerals projects
Brazil offers $815m to back strategic minerals projects
9th January 2025 By: Bloomberg

Brazil is offering about $815-million in financing for projects aimed at boosting development of strategic minerals within the South American nation. BNDES and government funding agency Finep,... 


Glencore loses senior aluminum traders to rivals Vitol, Mercuria
Glencore loses senior aluminum traders to rivals Vitol, Mercuria
9th January 2025 By: Bloomberg

Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war... 


Alaska wildlife refuge drilling auction yields no bids, US says
9th January 2025 By: Reuters

The US Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.... 


Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
9th January 2025 By: Reuters

Chile's government on Wednesday denied an environmental permit for the proposed Dominga iron and copper mine, siding with critics concerned over impacts to penguins and parrots at the $2.5-billion... 


Allied Gold gets Mali’s go-ahead for new project near Sadiola
Allied Gold gets Mali’s go-ahead for new project near Sadiola
9th January 2025 By: Bloomberg

Mali signed an agreement with Canada’s Allied Gold for a 35% stake in a new mine in connection to its Sadiola project. Known as Korali-Sud, the new project will be managed under Mali’s new mining... 


Wesizwe needs Chinese approval to secure Bakubung funding
Wesizwe needs Chinese approval to secure Bakubung funding
8th January 2025 By: Schalk Burger

JSE-listed platinum mine developer Wesizwe announced on Wednesday that its funding application for the Bakubung project required approval from the China National Development and Reform Committee... 


Fortune progressing Canadian critical minerals project
Fortune progressing Canadian critical minerals project
8th January 2025 By: Tasneem Bulbulia

TSX-listed Fortune Minerals has provided an update on ongoing work on the vertically integrated NICO cobalt/gold/bismuth/copper critical minerals project in Canada, with test work, engineering, an... 


Two bids made for Glencore stake in New Caledonia's Koniambo Nickel
8th January 2025 By: Reuters

Two potential buyers for Glencore's stake in mothballed New Caledonian nickel producer Koniambo Nickel SAS (KNS) have submitted offers following site visits late last year, KNS said. Part of a... 


State Diamond Trader CEO Nosi Mzamo.
State Diamond Trader to showcase South Africa’s diamond industry role
8th January 2025 By: Martin Creamer

South Africa’s State Diamond Trader will be presenting an inaugural diamond show in Cape Town from February 2 to 5. Each day of the 2025 South Africa Diamond Show will focus on themes that include... 


Mkango moves to spin off assets through Nasdaq shell
8th January 2025 By: Sabrina Jardim

Aim-listed Mkango Resources has entered into a nonbinding letter of intent (LOI) with Crown PropTech Acquisitions (CPTK), aimed at combining their businesses and listing a new entity on Nasdaq. The... 


An image showing Kagem Mining
Gemfields urges Zambia to reconsider emerald export duty
8th January 2025 By: Tasneem Bulbulia

London-listed Gemfields said on Wednesday that it would lobby the Zambian government to suspend the newly reinstated 15% export duty on precious gemstones, which would directly impact the emeralds... 


Nova extinguishes debt to unlock antimony and gold potential
8th January 2025 By: Sabrina Jardim

Gold and critical minerals project developer Nova Minerals has eliminated its existing convertible debt facility with Nebari Gold Fund 1 through a $5.42-million conversion of the outstanding... 


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