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Infini expands Canada uranium footprint
25th February 2025 By: Creamer Media Reporter

Australia-listed Infini Resources on Tuesday announced the acquisition of two new uranium projects in Canada's Athabasca basin, a region known for its high-grade uranium deposits. Under the terms... 


Jindalee sells stake in Dynamic Metals for A$2.75m
25th February 2025 By: Creamer Media Reporter

Lithium-focused Jindalee Lithium has sold its shareholding in ASX-listed Dynamic Metals raising A$2.75-million before costs. The transaction aligns with Jindalee’s strategy to advance its McDermitt... 


Vitol, Glencore win $380m award in Nigerian LNG litigation
25th February 2025 By: Reuters

Trading houses Vitol and Glencore will receive $380-million in compensation after their gas supplier, trading firm Taleveras, won a legal battle in a London court against Nigeria’s sole liquefied... 


The Jwaneng mine
Botswana signs long-delayed diamonds deal with De Beers
25th February 2025 By: Reuters

Botswana's government on Tuesday signed a long-delayed ten-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional... 


Tertiary Minerals appoints new MD
25th February 2025 By: Sabrina Jardim

Aim-listed Tertiary Minerals has appointed Dr Richard Belcher as MD. He will begin his role on March 7, the day after the company’s AGM. Tertiary says Belcher has over 22 years of geological... 


Glencore's Philippine copper smelter put into maintenance
25th February 2025 By: Reuters

Philippine Associated Smelting and Refining Corporation (PASAR), a Glencore managed company, has put its Leyte plant site into maintenance due to ongoing evaluation of the plant's operations and... 


Codelco is winning over investors on signs of copper turnaround
Codelco is winning over investors on signs of copper turnaround
25th February 2025 By: Bloomberg

Top copper supplier Codelco is starting to win over investors on signs that a long-awaited production recovery will help keep the Chilean state firm’s debt levels in check. In the past month,... 


Fatal accident reported at Fortuna’s Séguéla mine
25th February 2025 By: Creamer Media Reporter

A fatal accident has occurred at Fortuna Mining's Séguéla gold mine in Côte d’Ivoire, the NYSE- and TSX-listed company reported on Tuesday. The incident took place on Monday at the contractor’s... 


Arkle identifies lithium in all Makgadikgadi Salt Pans samples
25th February 2025 By: Darren Parker

Aim-listed Arkle Resources says analysis has identified lithium in all 20 samples taken from a portion of its 937 km2 of licences in the Makgadikgadi Salt Pans, in Botswana. Despite lower grades of... 


OceanaGold reports high-grade gold discoveries at Haile
25th February 2025 By: Creamer Media Reporter

Toronto-listed OceanaGold has reported promising results from exploration and resource conversion drilling at the Haile gold mine in the US, highlighting high-grade gold intercepts at both the... 


FPX Nickel unveils scoping study for N American nickel sulphate refinery
FPX Nickel unveils scoping study for N American nickel sulphate refinery
25th February 2025 By: Creamer Media Reporter

Vancouver-based FPX Nickel has released a scoping study confirming the economic and strategic viability of a standalone nickel refinery in British Columbia, which would be North America’s largest... 


Black Cat acquires Lakewood mill in $85m deal with Westgold
Black Cat acquires Lakewood mill in $85m deal with Westgold
25th February 2025 By: Mariaan Webb

ASX- and TSX-listed Westgold Resources has agreed to divest its noncore Lakewood mill in Western Australia to fellow ASX-listed Black Cat Syndicate for a total consideration of $85-million.  The... 


Woodside sees $1.2bn US LNG play paying off as Trump policies drive deals
Woodside sees $1.2bn US LNG play paying off as Trump policies drive deals
25th February 2025 By: Reuters

Woodside Energy, Australia's top gas producer, is well positioned to capitalise on demand for US liquefied natural gas driven by President Donald Trump’s trade policy and pro-fossil fuel agenda,... 


Gold Reserve wins $1.1bn arbitration award in Portugal against Venezuela
25th February 2025 By: Reuters

Gold Reserve said on Monday the Lisbon Court of Appeal confirmed the Canadian miner's arbitration award against Venezuela, giving it green light to enforce about $1.1-billion in Portugal. The... 


A copper and cobalt mine in the DRC
China cobalt stocks surge after Congo unexpectedly bans exports
25th February 2025 By: Bloomberg

Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries. Shares in Nanjing... 


Russian President Vladimir Putin
Putin outlines potential aluminium, rare earth deals with the US
25th February 2025 By: Reuters

Russian President Vladimir Putin offered the US the opportunity for joint exploration of the country's rare earth metals deposits, as well as the supply of aluminum to the US domestic market, under... 


Australian Treasurer Jim Chalmers
Australia treasurer to meet US Treasury's Bessent amid push for tariff exemption
25th February 2025 By: Reuters

Australian Treasurer Jim Chalmers will meet with his US counterpart Scott Bessent on Tuesday in Washington, with Canberra seeking an exemption on 25% tariffs on imports of steel and aluminium... 


Woodside Energy CEO Meg O'Neill
Woodside Energy's annual profit hits 3-year low on weak oil and gas prices
25th February 2025 By: Reuters

Australian oil and gas major Woodside Energy reported its smallest annual underlying profit in three years on Tuesday, hurt by lower realised prices, but maintained its 2025 output forecast on... 


Palliser asks Rio Tinto to seek Australian shareholder vote on dual listing
Palliser asks Rio Tinto to seek Australian shareholder vote on dual listing
25th February 2025 By: Reuters

London-based hedge fund Palliser Capital on Monday urged Rio Tinto to allow the company's Australian shareholders to vote on a resolution that seeks an independent review of its dual-listing... 


Eskom's Megawatt Park
Loadshedding downgraded to Stage 2
25th February 2025 By: Creamer Media Reporter

Power utility Eskom downgraded loadshedding to Stage 2 from 05:00 on Tuesday, from Stage 4 on Monday. This followed the successful recovery of eight out of ten generation units and the restoration... 


copper ore
Ivanhoe announces new copper discovery in DRC, makes new appointments
24th February 2025 By: Darren Parker

TSX- and OTCQX-listed Ivanhoe Mines has announced a new discovery – the Makoko West extension – in the Democratic Republic of Congo (DRC). The discovery, which is part of the company’s Western... 


The Secunda complex
Sasol cuts emissions-reduction capex as it confirms rejigged plan
24th February 2025 By: Terence Creamer

JSE-listed Sasol has confirmed significant changes to its emission reduction roadmap (ERR), while also announcing material reductions to its capital expenditure requirements for implementing the... 


DRDGOLD CEO Niël Pretorius.
‘Exciting’ DRDGOLD projects ‘advancing well’ as 2028 Vision gets big gold price boost
24th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD’s projects under way are “advancing very well” as the gold-from-tailings company’s 2028 Vision gets a massive boost from the sky-high gold price. Mining... 


Cobalt
Congo suspends cobalt exports for four months amid oversupply
24th February 2025 By: Bloomberg

The Democratic Republic of Congo says it’s suspending cobalt exports for four months to rein in oversupply of the battery metal on the international market. Cobalt production in Congo – which... 


Predictive Discovery confirms exploration potential of Argo area at Guinea project
24th February 2025 By: Darren Parker

ASX-listed Predictive Discovery’s latest drilling results from the Argo area of its Bankan gold project, in Guinea, has confirmed the area's potential for further exploration. On February 24, the... 


Mayur upsizes placement to A$100m
Mayur upsizes placement to A$100m
24th February 2025 By: Creamer Media Reporter

ASX-listed Mayur Resources has secured firm commitments for an expanded A$100-million two-tranche institutional placement, up from its previously announced A$80-million. The first tranche raised... 


Sasol CEO Simon Baloyi
Repurposed Twistdraai destoning plant key to Sasol’s plan for recovering Secunda’s output
24th February 2025 By: Terence Creamer

Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it... 


Yaouré mine
Perseus lifts half-year earnings, profit by more than 20%
24th February 2025 By: Marleny Arnoldi

ASX-listed Perseus Mining has posted a 26% increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $352-million for the six months ended December 31, 2024. This... 


Unicorn carries out site visit on potential copper asset in Namibia
24th February 2025 By: Sabrina Jardim

Following a preliminary independent technical evaluation of a potential copper exploration and development project, in Namibia, London-listed Unicorn Mineral Resources’ management team and... 


Central bank, investor buying continue to drive record gold prices – Heraeus
24th February 2025 By: Sabrina Jardim

Technology group Heraeus has described gold’s price performance over the last 18 months as “remarkable”, noting that, as the price nears $3 000/oz, signs of “excess frothiness are becoming... 


Strandline enters voluntary administration
Strandline enters voluntary administration
24th February 2025 By: Creamer Media Reporter

The board of Australian mineral sands project developer Strandline Resources on Monday announced that the company had entered voluntary administration. Thomas Birch and Jeremy Nipps of Cor Cordis... 


Atrum Coal moves forward with legal action against Alberta government
Atrum Coal moves forward with legal action against Alberta government
24th February 2025 By: Mariaan Webb

Australia-based Atrum Coal is proceeding with its legal claim against the Alberta government, reaffirming its stance that the province’s coal mining restrictions amount to de facto expropriation of... 


A Sasol sign near its Secunda operations
Sasol skips dividend after profit declines 31%
24th February 2025 By: Reuters

South African petrochemical firm Sasol on Monday skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol's headline... 


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