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Middle East

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... 


Original cadastre reportedly reactivated.
Mining cadastre that breaches must-be-Zambia-hosted stipulation reportedly reactivated
10th June 2025 By: Martin Creamer

As of Monday morning June 10, it seems that Zambia’s Ministry of Mines and Mineral Development has reactivated the cadastre portal that is non-locally hosted amid the in-country-hosted version... 


Thulani Gcabashe (right) and Donald McGillivray.
South Africa's green hydrogen project backed by 1 430 MW fully permitted solar cluster
9th June 2025 By: Martin Creamer

The Coega Green Ammonia project in Nelson Mandela Bay has reached another milestone – the permitting of a 1 430 MW solar PV cluster development phase that will supply 40% of the power required by... 


China’s copper boom under threat as miners test bargaining power
China’s copper boom under threat as miners test bargaining power
9th June 2025 By: Bloomberg

The unrelenting expansion of Chinese copper processing capacity over the past few years has now become a global headache, as smelters scramble to secure the ore they need to produce the vital... 


An EV being charged
Auto companies 'in full panic' over rare-earths bottleneck
9th June 2025 By: Reuters

Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of... 


gold bars
Global gold supply to rise by 1% this year, report shows
6th June 2025 By: Darren Parker

Significant gains in gold mine production will lift total global gold supply by 1% this year, precious metals consultancy Metals Focus has revealed in its newly published ‘Gold Focus 2025’ report.... 


Anglo CEO Duncan Wanblad (left) showing every confidence that Valterra CEO Craig Miller will thrive.
All eyes on Shanghai Platinum Week as China advances new price discovery ecosystem
6th June 2025 By: Martin Creamer

With the platinum price now over the $1 000/oz threshold, many are holding thumbs that price discovery will be further elevated by China as it proposes an inventive global platinum and palladium... 


Gold-mining ETFs losing their shine following torrid 2025 rally
Gold-mining ETFs losing their shine following torrid 2025 rally
6th June 2025 By: Bloomberg

Investors are exiting exchange-traded funds that track the shares of gold-mining companies, a sign that the high-flying sector’s allure may be dimming even as prices for the precious metal remain... 


Zambia's cadastre system is reportedly not functioning.
Zambia’s mining licence cadastre system is reportedly not functioning
5th June 2025 By: Martin Creamer

The mining licence cadastre system of Zambia is reportedly not functioning. “We understand that the platform they were building to handle the cadastre function, called ZIMIS, has been a failure.... 


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