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gold bars
WGC on the warpath to digitise, standardise gold market to enhance trust, transparency
26th June 2025 By: Darren Parker

World Gold Council (WGC) CEO David Tait has highlighted how the council is addressing four major challenges in the digitisation and standardisation of the gold market, namely a lack of trust, poor... 


A gold bar being poured
High costs, rising investment hit 2024 profits of top 40 global mining companies
26th June 2025 By: Natasha Odendaal

Globally, the mining sector – except the gold industry – had a challenging 2024, with declining revenues and earnings before interest, taxes, depreciation and amortisation (Ebitda) as the industry... 


Copper extends gains as Goldman sees 2025 price peak in August
Copper extends gains as Goldman sees 2025 price peak in August
26th June 2025 By: Bloomberg

Copper extended gains for a fifth day, after Goldman Sachs Group said it expected prices to rise to a 2025 peak of around $10 050 a ton in August, as supplies outside the US tighten. Traders of... 


Sydney University Associate Professor Dr Lauren Johnston on screen top left at London Indaba.
China sees pleasing Africa as form of insurance against trade wars, London Indaba hears
25th June 2025 By: Martin Creamer

China sees pleasing Africa as a form of insurance against trade war impacts, Sydney University Associate Professor Dr Lauren Johnston spelt out at the London Indaba, the annual event organised by... 


Gold holds decline as Israel-Iran ceasefire cuts haven demand
Gold holds decline as Israel-Iran ceasefire cuts haven demand
25th June 2025 By: Bloomberg

Gold held a decline, which was triggered by a reduction in Middle East tensions as a shaky Iran-Israel ceasefire appeared to hold, cutting haven demand. Bullion traded little changed at around $3... 


Vale Base Metals chairperson Mark Cutifani at the London Indaba.
Praise heaped on geological data transparency of Malawi, Nigeria at London Indaba
24th June 2025 By: Martin Creamer

There are only two countries in Africa that currently make their geological survey data open to the world. “Malawi is the first, and I believe Nigeria is the second,” Vale Base Metals chairperson... 


A gold nugget on dollar banknotes
Central banks eye gold, euro and yuan as dollar dominance wanes
24th June 2025 By: Reuters

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and... 


Coal loophole undermines bank pledges to cut fossil fuel funding
Coal loophole undermines bank pledges to cut fossil fuel funding
24th June 2025 By: Bloomberg

In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very... 


Trump exhorts US to drill oil, gas after Iran attacks
Trump exhorts US to drill oil, gas after Iran attacks
24th June 2025 By: Bloomberg

US President Donald Trump urged his administration on Monday to boost drilling rates and market players to keep oil prices down amid fears that the aftermath of the US attacks on Iran's nuclear... 


US President Donald Trump
Gold falls as haven demand ebbs after Trump announces ceasefire
24th June 2025 By: Bloomberg

Gold retreated as haven demand ebbed after US President Donald Trump announced that Israel and Iran had agreed to a ceasefire that would start about midnight Monday in Washington. Bullion fell as... 


Silver bars
Latest Heraeus appraisal confirms silver investment demand is surpassing that of gold
23rd June 2025 By: Marleny Arnoldi

Refinery services provider Heraeus finds in its latest precious metals review that the gold price is showing signs of relaxation at $3 356/oz, having fallen by about 1.6% in the week to June 20.... 


Richards Bay Minerals GM Growth Strategy Bradley Reddy.
Richards Bay Minerals’ three power pacts will supply 80% of the power it consumes
23rd June 2025 By: Martin Creamer

The three power purchase agreements (PPAs) that Richards Bay Minerals (RBM) has signed to date will provide the lion’s share of this energy-intensive Rio Tinto group company’s current energy needs.... 


A drone monitoring mine operations in West Africa
As gold prices surge, West Africa mine operators launch drones to detect wildcat miners
23rd June 2025 By: Reuters

As the afternoon sun beats down on Gold Fields' sprawling Tarkwa gold mine in southwestern Ghana, three men launch a drone into the clear sky, its cameras scanning the lush 210-square-kilometer... 


US President Donald Trump delivers an address to the nation alongside Vice President JD Vance, Secretary of State Marco Rubio and Defence Secretary Pete Hegseth at the White House in Washington, DC, over the weekend.
Investors set to flock to safety as world awaits Iran’s response
23rd June 2025 By: Bloomberg

Traders are forecasting a drop in stocks, a jump in crude prices and possibly a strengthening of the dollar as investors head for safety in the wake of the US attack on Iran’s three main nuclear... 


Shanghai Platinum Week in its fifth year.
China announces widespread hydrogen scale-up plan ahead of Shanghai Platinum Week
20th June 2025 By: Martin Creamer

An extensive pilot initiative aimed at scaling up hydrogen technology, infrastructure and applications across the length and breadth of China has been announced, shortly before next month’s... 


Energy Minister Dr Kgosientsho Ramokgopa, Air Products GM marketing Arthi Govender and Air Products MD Charles Dos Santos at the Green Hydrogen Summit where Toyota, Valterra Platinum and Air Products showcased in partnership.
Focus on South Africa’s own green hydrogen market first, Air Products recommends
19th June 2025 By: Martin Creamer

South Africa should initially focus intently on its local green hydrogen market rather than the global market, and progress at its own pace, which has the potential to give it a global lead. Air... 


Gold edges higher after Fed’s inflation warning triggers decline
Gold edges higher after Fed’s inflation warning triggers decline
19th June 2025 By: Bloomberg

Gold edged higher following a decline in the previous session triggered by Federal Reserve chairman Jerome Powell’s warning of inflation risks for the US economy. Bullion was trading around $3 380... 


SRK Consulting Congo chairperson Dominique Sambwa.
Positive infrastructure advancement on way in DRC, SRK Consulting Congo reports
18th June 2025 By: Martin Creamer

Positive infrastructure advancement is on the way in the Democratic Republic of Congo (DRC), SRK Consulting Congo chairperson Dominique Sambwa has pointed out. Speaking to Mining Weekly during a... 


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... 


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... 


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... 


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... 


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... 


ZEITI national coordinator Ian Mwiinga.
Well done, Zambia, on your transparent ‘G-Factor’ mining revenue system
13th June 2025 By: Martin Creamer

Zambia is strengthening transparency and accountability to make sure that natural resources improve the lives of all of its citizens. It gives easy visibility to the level of natural resource... 


Southern Palladium Executive Chairperson Roger Baxter.
Capital raised to advance one of South Africa's last PGM development opportunities
12th June 2025 By: Martin Creamer

Sydney- and Johannesburg-listed platinum group metals (PGM) development company Southern Palladium has secured commitments to raise equity capital of A$8-million to advance the staged mine... 


Zambia’s South Africa-based cadastre system developer re-engaged, Ministry confirms
12th June 2025 By: Martin Creamer

Zambia’s South Africa-developed mining cadastre licensing system portals have been reactivated, the Ministry of Mines and Mineral Development has confirmed. “The disruption was due to the... 


PGI CEO Tim Schlick
Platinum jewellery enjoying strong growth in its key markets
12th June 2025 By: Rebecca Campbell

Global platinum jewellery marketing organisation Platinum Guild International (PGI) believes that the metal enjoyed strong growth opportunities in the jewellery sector. To turn opportunity into... 


South Africa President Cyril Ramaphosa flanked by CFM Green Hydrogen executive Sebastiaan Surie (left) and Hive Hydrogen chairperson Thulani Gcabashe.
South Africa’s green hydrogen sector boosted by big-ticket funding commitments
12th June 2025 By: Martin Creamer

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s... 


World Bank president Ajay Banga
World Bank to end ban on nuclear energy projects, still debating upstream gas
12th June 2025 By: Reuters

The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising electricity needs, the bank's... 


Platinum surges, palladium lags on narrow demand profile
Platinum surges, palladium lags on narrow demand profile
12th June 2025 By: Reuters

Platinum and palladium prices have both rallied this month, notching a more than four-year and seven-month high respectively, but analysts say they remain more cautious about the outlook for... 


Mogale Tailings Retreatment plant,
Pan African proves it can commission large gold projects abroad with aplomb
11th June 2025 By: Martin Creamer

South Africa witnessed Pan African build the Mogale Tailings Retreatment (MTR) gold project on Johannesburg’s West Rand ahead of schedule and below budget. Now Australia is witnessing this... 


Copper 360 CEO Graham Briggs.
The immediate target of new Copper 360 CEO is 5 000 t of copper in six to 12 months
10th June 2025 By: Martin Creamer

The immediate target of new Copper 360 CEO Graham Briggs is 5 000 t of copper in six to 12 months. Based on current assessments, Briggs is of the firm belief that, within that period, the... 


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