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Boss meets first-year Honeymoon guidance
Boss meets first-year Honeymoon guidance
18th June 2025 By: Creamer Media Reporter

Australian uranium producer Boss Energy on Wednesday announced that its Honeymoon operation had met its first-year production guidance of 850 000 lb of uranium oxide (U3O8). The guidance, which... 


Chevron enters lithium sector with acreage buy in Texas, Arkansas
18th June 2025 By: Reuters

Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the US oil major into domestic lithium production. Energy... 


Asante secures $470m in credit and equity commitments
Asante secures $470m in credit and equity commitments
18th June 2025 By: Mariaan Webb

Gold producer Asante Gold has secured $470-million in credit and equity commitments, laying the foundation for a financing package that will fund its growth ambitions and recapitalise its balance... 


Canadian Prime Minister and G7 chairperson Mark Carney
G7 launches action plan to secure critical minerals supply chains
18th June 2025 By: Mariaan Webb

The leaders of the Group of Seven (G7) countries have unveiled a new critical minerals action plan aimed at securing the supply of materials for clean energy, digital technologies and industrial... 


St Barbara lowers guidance following rainfall disruption
St Barbara lowers guidance following rainfall disruption
17th June 2025 By: Mariaan Webb

ASX-listed St Barbara has trimmed its full-year production guidance following a weather-related disruption at the Simberi mine, in Papua New Guinea, but remains optimistic as it awaits a key... 


Charger completes drilling at Lake Johnston, receives additional funding from Rio Tinto
17th June 2025 By: Creamer Media Reporter

ASX-listed Charger Metals has wrapped up a nine-hole, 1 500 m reverse circulation (RC) drilling programme at its Lake Johnston lithium project in Western Australia, while securing an additional... 


Rough ruby
Gemfields garners $31m from latest mixed-quality ruby auction
17th June 2025 By: Marleny Arnoldi

Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or... 


Lotus' Kayelekera project, in Malawi
Lotus nears hot commissioning of Kayelekera plant, opts for owner-operated model
17th June 2025 By: Marleny Arnoldi

Ahead of ASX-listed Lotus Resources restarting production at the Kayelekera uranium mine, in Malawi, the company has advanced with cold commissioning of the plant and is due to complete hot... 


Pensana's Longonjo site, in Angola
Pensana inks offtake agreement with Toyota Tsusho for full initial production
17th June 2025 By: Marleny Arnoldi

London-listed rare earths developer Pensana has signed a memorandum of understanding (MoU) with Japanese multinational Toyota subsidiary Toyota Tsusho for the proposed offtake of up to 20 000 t/y... 


Eastplats' Crocodile River mine
Eastplats advises of cybersecurity incident, confirms no disruption to operations
17th June 2025 By: Marleny Arnoldi

TSX- and JSE-listed Eastern Platinum (Eastplats) has advised shareholders of a cybersecurity incident affecting its internal IT systems. Eastplats took immediate containment measures to protect... 


Uis
Andrada secures additional tin supply from nearby orebody
17th June 2025 By: Darren Parker

Tin producer Andrada Mining has secured additional supply from a tin orebody at Goantagab in close proximity to the company’s operating Uis mine and processing facility, in Namibia. The orebody,... 


gold bars
Central bank gold reserves surge amid global uncertainty, survey reveals
17th June 2025 By: Darren Parker

Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold... 


Element 25 gets A$50m NAIF loan for Butcherbird manganese expansion
Element 25 gets A$50m NAIF loan for Butcherbird manganese expansion
17th June 2025 By: Creamer Media Reporter

Manganese developer Element 25 has secured a senior debt facility of up to A$50-million from the Northern Australia Infrastructure Facility (NAIF), supporting the planned expansion of its... 


Appian appoints former Newmont COO as senior operating partner
17th June 2025 By: Creamer Media Reporter

Appian Capital Advisory has named mining executive Rob Atkinson as its new senior operating partner, strengthening the investment firm’s operational and technical capabilities as it continues to... 


Eskom CEO Dan Marokane
Eskom reports progress on 5 GW 'repowering' pipeline as $2.6bn CIF approval is secured
17th June 2025 By: Terence Creamer

Eskom has confirmed that it has a 5 GW pipeline of so-called ‘repowering’ projects at various stages of development on the sites of six coal power stations, including Komati, which has already... 


Members of Palabora Mining and Mzansi renewable energy and grid-forming consortium.
South African copper mining company signs 12-year green energy supply agreement
17th June 2025 By: Martin Creamer

In a major boost for sustainable mining and South Africa’s clean energy ambitions, Mzansi Energy Consortium has signed a 12-year power purchase agreement with Palabora Mining Company (PMC) in... 


Rare earth boss sees 'long, hard process' to loosen China’s grip
Rare earth boss sees 'long, hard process' to loosen China’s grip
17th June 2025 By: Bloomberg

Western nations will take years to develop enough rare earth processing capacity to limit China’s dominance over the critical ingredients, according to industry veteran and former Molycorp boss... 


Gold refining
Mali starts construction of Russia-backed gold refinery
17th June 2025 By: Reuters

Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources.... 


Transnet freight locomotives
Mavuso admonishes Transnet for capitulating to ‘unreasonable’ union demands
17th June 2025 By: Darren Parker

Business Leadership South Africa CEO Busisiwe Mavuso has said she was “astounded” to see news last week of State-owned Transnet's capitulation to unions’ strike threats, eventually agreeing to give... 


Equipment in use at the K.Hill project in Botswana
Giyani receives LoI from Exim for potential $225m financing
17th June 2025 By: Creamer Media Reporter

Giyani Metals Corp, the developer of the K.Hill battery-grade manganese project, in Botswana, has received a nonbinding letter of interest (LoI) from the US government's export credit agency the... 


NeoSmelt secures federal support, adds Woodside and Mitsui to green steel JV
NeoSmelt secures federal support, adds Woodside and Mitsui to green steel JV
17th June 2025 By: Creamer Media Reporter

NeoSmelt, an Australian joint venture (JV) formed to advance lower-emissions steelmaking from Pilbara iron-ore, has secured fresh federal funding and welcomed two new partners to its... 


Citi calls time on gold’s rally due to slumping demand, Fed cuts
Citi calls time on gold’s rally due to slumping demand, Fed cuts
17th June 2025 By: Bloomberg

Gold is expected to sink back below $3 000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc., calling time on one of the standout rallies in... 


TMC secures $85m investment from Korea Zinc amid US minerals push
TMC secures $85m investment from Korea Zinc amid US minerals push
17th June 2025 By: Reuters

Deep-sea mining firm The Metals said on Monday that South Korean refiner Korea Zinc will invest $85.2-million, giving a boost to the company's plans to supply critical minerals for the US energy... 


The main treatment plant at the Krone-Endora at Venetia mine
Tiffany & Co Canada threatens action over Diamcor's failure to repay loan
17th June 2025 By: Creamer Media Reporter

Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The... 


New finance rules aim to accelerate emissions cuts in Australia
17th June 2025 By: Bloomberg

Australia set new guidelines on the types of projects eligible for sustainable finance, aiming to accelerate investment in emissions reduction in polluting industries like agriculture, mining and... 


IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
17th June 2025 By: Reuters

The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a... 


Santos CEO Kevin Gallagher
'Deep pockets' could help Abu Dhabi win regulatory approval for Santos bid, analysts say
17th June 2025 By: Reuters

Abu Dhabi National Oil Company, preparing an $18.7-billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with... 


West Wits chairperson Michael Quinert
West Wits to raise A$14m to start operations at Qala Shallows, increase its stake in WBP
17th June 2025 By: Creamer Media Reporter

ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and... 


US Export-Import Bank considers $120m loan for Greenland rare earths project
US Export-Import Bank considers $120m loan for Greenland rare earths project
17th June 2025 By: Reuters

Critical Metals has received a letter of interest from the US Export-Import Bank (EXIM) for a loan worth up to $120-million to fund the company's Tanbreez rare earths mine in Greenland, in what... 


Ecuador reopens mining concession registry after seven years
17th June 2025 By: Reuters

Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American... 


Hudbay resumes operations in Snow Lake after evacuation orders lifted
Hudbay resumes operations in Snow Lake after evacuation orders lifted
17th June 2025 By: Reuters

Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of... 


G7 leaders agree on strategy to protect critical mineral supply, draft says
G7 leaders agree on strategy to protect critical mineral supply, draft says
17th June 2025 By: Reuters

Group of Seven leaders on Monday provisionally agreed on a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters. The... 


US President Donald Trump and Canada Prime Minister Mark Carney
Trump says tariffs must be part of any Canada deal, Ottawa pushes back
17th June 2025 By: Reuters

US President Donald Trump said on Monday a new economic deal with Canada was possible but stressed tariffs had to play a role, a position that the Canadian government strongly opposes. Canadian... 


Illegal gold mining in Ghana
Ghana has lost $11bn to gold smuggling, links to UAE, report finds
17th June 2025 By: Reuters

Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report... 


A haul truck at the Jwaneng mine
Botswana's Debswana to approach capital markets to fund Jwaneng underground project
17th June 2025 By: Reuters

Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have... 


The Loulo-Gounkoto complex
Barrick Mining's gold complex placed under state control in Mali
17th June 2025 By: Reuters

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership.   A former Malian... 


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