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Barrick reports higher reserves, with Reko Diq making a substantial contribution
7th February 2025 By: Sabrina Jardim

Global gold and copper miner Barrick Gold Corporation has reported that its attributable proven and probable gold mineral reserves have increased by 17.4-million ounces before 2024 depletion.... 


Indonesia trade ministry supports extending Freeport's copper export permit
7th February 2025 By: Reuters

Indonesia's trade ministry would support allowing PT Freeport Indonesia to continue exporting copper concentrate after a cost-and-benefit analysis, a deputy minister said on Friday. Resource-rich... 


Alex Dall
Surprise turn as Gold Fields' permanent financial task now falls to interim CFO Dall
7th February 2025 By: Martin Creamer

Phillip Anthony Murnane will no longer be the new CFO of Gold Fields, as was announced on the JSE Stock Exchange News Service (SENS) in August last year. Instead, as from March 1, that role will be... 


Pebble: ‘Renewed sense of optimism’
Pebble: ‘Renewed sense of optimism’
7th February 2025 By: Mariaan Webb

The stalled Pebble project has entered 2025 with a "renewed sense of optimism" as its legal battles continue and the political landscape in the US shifts in its favour, according to Ron Thiessen,... 


Cochilco expects copper price to be $4.25/lb through 2026
Cochilco expects copper price to be $4.25/lb through 2026
7th February 2025 By: Reuters

Chile's state copper commission Cochilco held its copper price forecast for 2025 steady at $4.25/lb and also used the same price for its new 2026 projection, the agency said on Thursday. Cochiloc... 


Savannah suspends some lithium prospecting in Portugal after injunction
Savannah suspends some lithium prospecting in Portugal after injunction
7th February 2025 By: Reuters

London-based Savannah Resources has suspended prospecting works at some sites of its lithium project in northern Portugal due to a precautionary injunction filed in a court by some landowners, the... 


Vale takes full control of Baovale iron-ore project
7th February 2025 By: Reuters

Brazilian miner Vale confirmed on Thursday it has bought the 50% stake in its Baovale tie-up previously owned by its Chinese partner Baoshan Iron & Steel, known as Baosteel, a move that gives Vale... 


Gold prices to remain up, reaching $3 000/oz in near-term, says Citi
Gold prices to remain up, reaching $3 000/oz in near-term, says Citi
7th February 2025 By: Reuters

Leading global banks anticipate that gold prices will remain elevated throughout 2025, potentially reaching the $3 000 mark, as geopolitical uncertainties continue to shape investor sentiment.... 


Energy and Minieral Resources Minister Jonathan Wilkinson
Canada invests in Quebec's critical minerals research, infrastructure developments
7th February 2025 By: Mariaan Webb

Energy and Natural Resources Minister Jonathan Wilkinson on Thursday announced up to C$43.5-million in investments under two critical mineral funding programmes to help advance critical minerals... 


Renewable diesel pilot, value-add to Africa's metals, and ferromanganese make headlines at Mining Indaba
Renewable diesel pilot, value-add to Africa's metals, and ferromanganese make headlines at Mining Indaba
7th February 2025

This week, Mining Weekly Editor Martin Creamer discusses the promising renewable diesel pilot production plan that was announced at the Mining Indaba; the need for Africa to add value to its metals... 


Magazine round up | 07 February 2025
Magazine round up | 07 February 2025
7th February 2025 By: Creamer Media Reporter

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


Magazine Cover image
Critical minerals miners urged to integrate circularity, communities from start
7th February 2025 By: Marleny Arnoldi

Circularity and community engagement have emerged as key factors for critical minerals mining as more countries and companies turn their focus to the “new” minerals required for green energy and... 


President Cyril Ramaphosa
Ramaphosa says South Africa won’t ‘be bullied’ in SoNA overshadowed by tensions with US
6th February 2025 By: Terence Creamer

In a State of the Nation Address (SoNA) overshadowed by diplomatic tensions between South Africa and  the US over land, social inclusion and climate policies, President Cyril Ramaphosa said South... 


Blackstone to acquire Mankayan copper/gold project in merger with IDM
Blackstone to acquire Mankayan copper/gold project in merger with IDM
6th February 2025 By: Creamer Media Reporter

Australia-listed Blackstone Minerals on Thursday announced a binding scheme implementation deed with IDM International for an all-scrip merger, securing ownership of the Mankayan copper/gold... 


Global Lithium inks heritage protection agreement for expanded Marble Bar project
6th February 2025 By: Creamer Media Reporter

ASX-listed Global Lithium has signed a heritage protection agreement (HPA) with the Nyamal Aboriginal Corporation RNTBC (NAC) for its expanded Marble Bar project tenure in Western Australia’s... 


Toro advances Lake Maitland scoping study update
6th February 2025 By: Creamer Media Reporter

Western Australia-focused uranium developer Toro Energy has completed the re-optimisation of the potential mining pit at its Lake Maitland uranium/vanadium project, marking a key step towards the... 


Youth encouraged to expand their skills for the future of mining
6th February 2025 By: Rebecca Campbell

In an era of rapid technological change, how can young people entering the mining and minerals sector "future-proof" their skills? This was the question posed on Thursday in the final session of... 


Dr Nombasa Tsengwa
Tsengwa resigns as Exxaro CEO
6th February 2025 By: Creamer Media Reporter

Dr Nombasa Tsengwa has resigned as CEO and board member of Exxaro Resources, with immediate effect. She was placed on a precautionary suspension in December, pending the outcome of an independent... 


Updated Uis MRE shows increases in average lithium grade, contained metal tonnage
6th February 2025 By: Sabrina Jardim

Aim-listed Andrada Mining’s updated mineral resources estimate (MRE) for the V1V2 pegmatite at the Uis tin mine, in Namibia, shows increases in average lithium grade and volumes of the measured and... 


Vedanta's Chris Griffith
Vedanta aims to raise $1bn via debt to fund Zambian copper mines
6th February 2025 By: Reuters

Vedanta Resources is trying to raise around $1-billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company's base metals unit,... 


Iron-ore pares losses on Australia supply worries, softer US dollar
6th February 2025 By: Reuters

Iron-ore futures clawed back higher on Thursday, supported by a softer dollar and Australia supply snags, while investors looked for fresh developments surrounding the trade war between the United... 


Kumba Iron Ore CEO Mpumi Zikalala
Kumba to report nearly 50% drop in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of... 


AMSA postpones longs wind down by month amid intense rescue talks with government
AMSA postpones longs wind down by month amid intense rescue talks with government
6th February 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as... 


Coal is regarded as a critical mineral in SA
Coal, uranium both critical minerals in SA – Mantashe
6th February 2025 By: Irma Venter

South Africa’s definition of critical minerals is not limited to those minerals used in the green economy and includes coal and uranium, says Mineral and Petroleum Resources Minister Gwede... 


DRDGOLD expects to report up to 70% increase in EPS, HEPS
6th February 2025 By: Sabrina Jardim

JSE-listed DRDGOLD says it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 109.2c and 116c for the six months ended December 31. That compares with the... 


Southern Palladium executive chairperson Roger Baxter
International investors showing interest in South African PGMs
6th February 2025 By: Rebecca Campbell

Southern Palladium executive chairperson Roger Baxter has reported that interest in investing in South African mining projects is re-emerging on North American bourses. He was talking to... 


Amplats CEO Craig Miller
Amplats warns of up to 46% decline in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed platinum group metals (PGM) producer Anglo American Platinum (Amplats) has warned that its headline earnings and headline earnings per share (HEPS) for the 12 months ended December 31... 


Busa says Expropriation Act safeguards sufficient to prevent arbitrary land grabs
6th February 2025 By: Schalk Burger

Business organisation Business Unity South Africa (Busa) CEO Khulekani Mathe says the Expropriation Act, in its present form, incorporates sufficient checks and balances to prevent the arbitrary... 


Skouries capital costs rise to over $1bn, timeline adjusted
Skouries capital costs rise to over $1bn, timeline adjusted
6th February 2025 By: Mariaan Webb

Canada’s Eldorado Gold on Wednesday announced a revised timeline and capital cost estimate for its Skouries copper/gold project in Greece, citing ongoing labour shortages as a key factor for the... 


Jubilee CEO Leon Coetzer.
Jubilee progressing plans to accelerate copper production in Zambia
6th February 2025 By: Sabrina Jardim

London- and Johannesburg-listed Jubilee Metals has reported progress on restarting its Roan operations, in Zambia, following stable power delivery, as well as the processing of new higher-grade... 


Anglo American CEO Duncan Wanblad
Anglo reports solid copper, iron-ore operational performance as portfolio simplification continues
6th February 2025 By: Creamer Media Reporter

Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024, as well as for the full-year, in line with the group's growing focus... 


President Donald Trump has signed an executive order declaring a national energy emergency.
Loyal Lithium seeks to capitalise on Trump’s energy emergency
6th February 2025 By: Mariaan Webb

ASX-listed Loyal Lithium has announced a strategic expansion of its North American battery minerals and technology portfolio, aiming to capitalise on the energy emergency declared by US President... 


The Mogalakwena mine
Amplats CEO sees investor interest ahead of spinoff
6th February 2025 By: Reuters

Anglo American Platinum (Amplats) is seeing a high level of investor interest in the business as it prepares to spin off as an independent entity from its parent Anglo American, Amplats CEO Craig... 


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