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Middle East

Trump’s push for deep-sea metals clashes with UN ocean treaty
2nd May 2025 By: Bloomberg

President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now he’s eyeing the global seabed that holds vast troves of critical metals for green technologies but is... 


Drilling at Siguiri in Guinea.
AngloGold agrees sale of Côte d’Ivoire projects, acquisition of Guinea project
2nd May 2025 By: Martin Creamer

The New York- and Johannesburg-listed AngloGold Ashanti has agreed to sell its interests in two gold projects in Côte d’Ivoire and simultaneously acquire a project in Guinea, alongside its Siguiri... 


DRDGOLD Chairperson Tim Cumming.
Gold price sustaining opportunity to mine for longer, says DRDGOLD chairperson
30th April 2025 By: Martin Creamer

The current gold price is improving margins, sustaining the opportunity for existing miners to mine for longer, and probably creating new opportunities. That is the view of DRDGOLD chairperson Tim... 


Record gold prices help keep China's copper smelters going despite losses
30th April 2025 By: Reuters

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 


Flashback to Glencore's winter wheat pilot project in Mpumalanga.
Glencore produces 5% more South African energy coal in first quarter
30th April 2025 By: Martin Creamer

The energy coal produced by Glencore in South Africa in the first three months of this year was up on the first quarter of last year, the London- and Johannesburg-listed mining and marketing... 


Gold bars
Billionaire investor John Paulson sees gold near $5 000 by 2028
29th April 2025 By: Reuters

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 


commodities trading screens
Global commodity prices expected to drop to six-year low by 2026 – World Bank
29th April 2025 By: Darren Parker

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s... 


 	DRDGOLD CEO Niël Pretorius (right) interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.
Premature gold mine closure can no longer be allowed, says 130-year-old DRDGOLD
29th April 2025 By: Martin Creamer

With the gold price expected to be stronger for longer, hopes are high that South Africa’s five main remaining gold mining companies will maximise gold production and avoid repeating the gold... 


Gold’s bullish sentiment seen easing as record rally stumbles
Gold’s bullish sentiment seen easing as record rally stumbles
29th April 2025 By: Bloomberg

The gold rally has outshone other asset classes this month — even drawing some comparisons to bitcoin — as President Donald Trump’s tariff war reshapes the global economic order, pushing investors... 


CEO Mark Bristow says Barrick is building a substantial copper business alongside its core gold operations.
Barrick proposes rebrand to reflect broader copper strategy
29th April 2025 By: Creamer Media Reporter

Canada-headquartered Barrick Gold is rebranding as Barrick Mining, a move that reflects the company’s increasing emphasis on copper alongside its core gold operations. The proposed name change is... 


DRDGOLD's 130th anniversary celebration at the Johannesburg Stock Exchange.
DRDGOLD stronger than ever as it hits 130-year mark at time of sky-high gold pricing
25th April 2025 By: Martin Creamer

Friday, April 25, marked the remarkable 130th anniversary of the uninterrupted listing on the Johannesburg Stock Exchange of South Africa's resilient gold producer, DRDGOLD. Born out of the gold... 


Port infrastructure
Saudi push into South Africa yields billions of dollars in deals
25th April 2025 By: Bloomberg

A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed deals worth billions of dollars into Africa’s most industrialized country... 


Zinc ingots
Global refined zinc and lead markets face 2025 surplus, ILZSG says
25th April 2025 By: Reuters

The global refined zinc and lead market will be in surplus this year, the International Lead and Zinc Study Group (ILZSG) said on Friday. The group expects that global supply of refined lead will... 


Gold sinks on trade signals as volatile week comes to a close
Gold sinks on trade signals as volatile week comes to a close
25th April 2025 By: Bloomberg

Gold fell at the end of a volatile week that saw prices notch a record before retreating, with signs some trade tensions may be easing. Bullion shed as much as 1.4%, dropping for the third time in... 


Flagship Mogalakwena mine production down 21%.
Anglo American Platinum’s first-quarter ruthenium price up 36%
24th April 2025 By: Martin Creamer

In the first three months of this year, Anglo American Platinum achieved a 36% higher price for its ruthenium, a relatively low-profile platinum group metal (PGM) that was placed on a new high... 


Platinum coins. Picture: The Royal Mint.
Investing in digital platinum is soaring, World Platinum Investment Council reports
23rd April 2025 By: Martin Creamer

A digital platform that makes investing in platinum easier than ever before is reaping rewards. In the first three months of 2025, the volume of platinum sold on the DigiPlatinum investment... 


Western investors are piling into gold market after three-year hiatus
23rd April 2025 By: Bloomberg

Western investors are finally back in the gold market after being largely absent for the past three years. This time, they’re coming in force with big purchases of bullion-backed exchange-traded... 


JP Morgan see gold prices crossing $4 000/oz by Q2 2026
JP Morgan see gold prices crossing $4 000/oz by Q2 2026
23rd April 2025 By: Reuters

JP Morgan sees gold prices crossing the $4 000 per ounce milestone next year, following increased recession probabilities amid boosted US tariffs and an ongoing US-China trade war, the bank said in... 


BHP prepares to start succession process for mining’s top job
BHP prepares to start succession process for mining’s top job
23rd April 2025 By: Bloomberg

BHP Group is preparing to begin looking for a new chief executive officer in the coming months, with key lieutenants already jostling for position to succeed boss Mike Henry at the top of the... 


A handful of ferrochrome.
Working group has been established to extend ferrochrome's horizon, Minister reports
22nd April 2025 By: Martin Creamer

A working group with industry has been established to improve the operating environment for long-term sustainability of South Africa’s ferrochrome industry, Trade, Industry and Competition Minister... 


Anil Agarwal
Metals billionaire Agarwal seeks mining reboot amid debt overhaul, Saudi push
22nd April 2025 By: Bloomberg

Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s $11-billion debt pile and... 


Euro Sun CEO Grant Sboros (left) with Euro Sun GM Dr Sorin Halga.
South African resolve helping to turn copper/gold deposit to account in Romania
17th April 2025 By: Martin Creamer

Toronto-listed Euro Sun Mining’s South African CEO is reported to have exercised considerable resolve in helping to remove the obstacles in the way of turning one of Europe’s large copper/gold... 


Hillside Aluminium smelter in South Africa’s KwaZulu-Natal.
Hillside Aluminium guiding unchanged output for 2025 financial year
17th April 2025 By: Martin Creamer

Although saleable production of aluminium from the Hillside Aluminium smelter in South Africa’s KwaZulu-Natal decreased by 1% to 537 000 t in the nine months ended March, the full-year guidance of... 


World Bank president Ajay Banga
World Bank's Banga doubles down on intent to end a ban on loans for nuclear power projects
17th April 2025 By: Reuters

World Bank president Ajay Banga on Wednesday doubled down on his push to revamp the bank's energy strategy to end a ban on lending for nuclear power projects and enable more natural gas projects,... 


Gold climbs to record as expanding trade war aids haven demand
Gold climbs to record as expanding trade war aids haven demand
16th April 2025 By: Bloomberg

Gold rose to record high as the Trump administration pressed ahead with probes that could broaden a sweeping trade war, boosting demand for havens. Bullion climbed above $3 248 an ounce for the... 


Allied abandons share placement with Ambrosia, NYSE listing progresses
Allied abandons share placement with Ambrosia, NYSE listing progresses
15th April 2025 By: Mariaan Webb

Canada-headquartered Allied Gold has scrapped a planned private placement with UAE-based Ambrosia Investment Holding, citing unmet conditions and improved market dynamics that it says now support a... 


Control room at Black Rock manganese ore mine.
Assmang refutes illegal sugilite mining allegations
14th April 2025 By: Martin Creamer

Mining company Assmang on Monday refuted allegations that it engages in the illegal mining of sugilite at the Black Rock mine in the Northern Cape. Sugilite is described as a pink to purple... 


Goldman puts $4 000 gold on the agenda as hunt for havens grows
Goldman puts $4 000 gold on the agenda as hunt for havens grows
14th April 2025 By: Bloomberg

Goldman Sachs Group and UBS Group issued another round of bullish calls for gold, with stronger-than-expected central bank demand and the metal’s role as a hedge against recession and geopolitical... 


Gold slips from record as Trump tariff agenda stays in spotlight
Gold slips from record as Trump tariff agenda stays in spotlight
14th April 2025 By: Bloomberg

Gold edged down from a record as markets weighed the latest US trade news from President Donald Trump, who has driven a flight to safety assets amid mounting confusion over his tariff agenda.... 


Centre for Palladium Technologies head Dmitry Izotov.
South Africa invited to help uplift palladium demand by 1.7-million ounces a year
11th April 2025 By: Martin Creamer

South African platinum group metals (PGM) companies have been invited to become part of a programme that is targeting an initial 1.7-million-ounce increase in demand for palladium, a PGM that... 


Gold bars
Gold surges past $3 200 as economic concerns reignite record rally
11th April 2025 By: Reuters

Safe-haven gold surpassed the key $3 200 mark for the first time on Friday, spurred by a weaker dollar and economic concerns due to an intensifying trade war. Spot gold jumped over 1% to $3 214.92... 


Heraeus Precious Metals trading head Dominik Sperzel.
PGM Day highlights ruthenium’s bright future in hydrogen, biomass, electronics
10th April 2025 By: Martin Creamer

After listening to Heraeus Precious Metals trading head Dominik Sperzel placing ruthenium on a new high pedestal and describing this low-profile platinum group metal (PGM) as “my personal... 


A trader gestures while working on the floor at the New York Stock Exchange after the White House announced a 90-day pause and lowered 10% reciprocal tariff for other countries.
Trump's stunning tariff pause focuses trade war on China
10th April 2025 By: Reuters

US President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday even as he ratcheted up a... 


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