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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... 


Gold edges up after levy chaos drives biggest gain in 18 months
Gold edges up after levy chaos drives biggest gain in 18 months
10th April 2025 By: Bloomberg

Gold edged higher after posting its biggest one-day gain in 18 months, as confusion over US President Donald Trump’s tariff agenda drove investors to buy the precious metal as a haven. During a... 


Minerals Council CEO Mzila Mthenjane, senior policy analyst, public affairs and transformation Fundiswa Ndaba, and senior executive, public affairs and transformation Tebello Chabana.
Minerals Council scoring big on South Africa’s socioeconomic transformation front
9th April 2025 By: Martin Creamer

Minerals Council South Africa has been scoring big on the transformation front, going well beyond compliance, and hopes are now high that the upcoming Minerals and Petroleum Resources Development... 


Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
Oil suffers biggest 5-day drop since 2022, metals plunge as trade war escalates
9th April 2025 By: Reuters

il prices fell to a four-year low on Wednesday in its worst five-day losing streak in three years, while several commodities, including base metals, tumbled as the trade war between China and the... 


Trump's latest tariffs kick in, deepening global trade war
9th April 2025 By: Reuters

President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared... 


CHIETA CEO Yershen Pillay.
Platinum-based green hydrogen on way to becoming South Africa’s new gold – CHIETA
8th April 2025 By: Martin Creamer

Three new green hydrogen qualifications are being registered with the Quality Council for Trades and Occupations to enable South Africa to seize the platinum group metals (PGMs)-linked green... 


Sufficient uranium resources exist, investments needed to sustain high nuclear energy growth – report
Sufficient uranium resources exist, investments needed to sustain high nuclear energy growth – report
8th April 2025 By: Sabrina Jardim

Sufficient uranium resources exist to support the continued use of nuclear power and its significant growth through 2050 and beyond; however, timely investments in new exploration, mining... 


Chinese buyers snapped up copper as prices plunged below $8 500
Chinese buyers snapped up copper as prices plunged below $8 500
8th April 2025 By: Bloomberg

Chinese copper buyers used Monday’s collapse in prices below $8500 a ton to significantly increase purchases, traders said, helping to trigger a dramatic rebound even as a rout in other global... 


An offshore oil rig
Oil tumbles further as US-China trade conflict fuels recession fears
7th April 2025 By: Reuters

Oil prices extended losses on Monday, falling 3% as escalating trade tensions between the United States and China stoked fears of a recession that would reduce demand for crude while OPEC+ readies... 


Barrick chairperson John Thornton.
Barrick advancing projects to support 30% growth by 2030
7th April 2025 By: Martin Creamer

New York- and Toronto-listed gold and copper mining company Barrick is now advancing its portfolio of growth projects to support a planned 30% growth in gold equivalent ounces by the end of the... 


Trump's tariff 'medicine' injects turmoil into global markets
7th April 2025 By: Reuters

US President Donald Trump warned foreign governments they would have to pay "a lot of money" to lift sweeping tariffs, characterising the duties as "medicine" and triggering further carnage across... 


Anglo American's Fahmida Smith (centre) flanked by Nornickel's Dmitry Izotov (left) and Heraeus's Dominik Sperzel (right).
South Africa's hydrogen corridor project shortlisted for JET funding, PGM Day hears
4th April 2025 By: Martin Creamer

South Africa’s rejigged green hydrogen corridor project, Project Rhynbow, has been shortlisted for just energy transition (JET) investment project funding, this week’s Platinum Group Metals (PGM)... 


Copper smelting
Copper plunges more than 5% as tariffs hammer metals and miners
4th April 2025 By: Bloomberg

Copper plunged more than 5% to trade below $9 000 a ton, in the biggest drop since July 2022, as worries over the impact of a worsening trade war sparked a heavy selloff in industrial metals and... 


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