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Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
Updated 2 hours 43 minutes ago By: Mariaan Webb

Canadian mining company Ivanhoe Mines is entering a new phase of strong free cash flow generation, following the completion of peak capital expenditures at its flagship Kamoa-Kakula copper complex... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
Updated 4 hours ago By: Martin Creamer

Johannesburg- and New York-listed Gold Fields on Thursday, February 20, delivered an attributable profit of $1 245-million for the year to the end of December, which was well up on the $703-million... 


World’s biggest miners pinched by iron-ore’s China problem
World’s biggest miners pinched by iron-ore’s China problem
Updated 6 hours ago By: Bloomberg

The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto... 


The Gibraltar mine in British Columbia
Taseko forecasts copper growth in 2025
20th February 2025 By: Mariaan Webb

Vancouver-based Taseko Mines has outlined a strong growth trajectory for its copper production in 2025, following a challenging 2024 impacted by labour disruptions and maintenance shutdowns. The... 


La Colorada
Pan American reports record free cash flow
20th February 2025 By: Creamer Media Reporter

Canada-based, Latin America-focused Pan American Silver has reported record free cash flow for the fourth quarter and full year of 2024, supported by strong metal prices, expanding margins, and... 


The Mulatos mine in Mexico
Alamos reports record production and strong margins, driving free cash flow
20th February 2025 By: Creamer Media Reporter

Toronto- and New York-listed Alamos Gold has reported a record operational and financial performance for 2024, achieving an all-time high free cash flow of $272-million while continuing to fund... 


Engineering News & Mining Weekly magazine now available on PressReader
Engineering News & Mining Weekly magazine now available on PressReader
20th February 2025

Creamer Media’s Engineering News & Mining Weekly is now available on one of the world’s leading digital newspaper and magazine distribution platforms, PressReader. Readers can download the current... 


Nutrien misses fourth-quarter profit estimates on lower crop potash and nutrient sales
20th February 2025 By: Reuters

Nutrien fell short of Wall Street expectations for fourth-quarter profit on Wednesday, as the top potash producer struggled with lower sales of crop nutrients and potash, although it raised its... 


Fortescue Energy CEO Mark Hutchinson
Fortescue adjusts green energy timelines amid market uncertainty
20th February 2025 By: Mariaan Webb

Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson, said... 


Wyloo, Hastings to form Yangibana rare earths JV
Wyloo, Hastings to form Yangibana rare earths JV
20th February 2025 By: Creamer Media Reporter

Billionaire Andrew Forrest’s Wyloo has entered into exclusive negotiations with ASX-listed Hastings Technology Metals to establish an unincorporated joint venture (JV) for the Yangibana rare earths... 


An image showing the Lumwana Expansion project
Barrick files technical reports for Lumwana expansion, Reko Diq projects
20th February 2025 By: Tasneem Bulbulia

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 


Voisey's Bay in Canada
Vale posts $694m loss, dragged down by Canadian assets
20th February 2025 By: Reuters

Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its... 


Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
20th February 2025 By: Reuters

Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in Sydney, its CEO told Reuters on Wednesday as the miner reported its lowest... 


The Loulo-Gounkoto complex
Barrick Gold signs agreement with Mali to end mining dispute, sources say
19th February 2025 By: Reuters

Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with... 


Glencore, CEO Gary Nagle.
Operationally, 2024 was strong year for Glencore, CEO Gary Nagle highlights
19th February 2025 By: Martin Creamer

Operationally, 2024 was a strong year for Glencore,  CEO Gary Nagle highlighted on Wednesday, when the London- and Johannesburg-listed diversified mining and marketing company’s industrial assets... 


The Stillwater mine
Sibanye-Stillwater flags narrowed 2024 full-year loss a share; a further $500m impairment
19th February 2025 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between R2.45 ($0.13) and R2.71 ($0.15) for the financial year ended December 31, which would... 


Glencore Alloys CEO Japie Fullard.
South Africa’s chromite recovery potential broadened by Glencore, Sibanye deal
19th February 2025 By: Martin Creamer

South Africa’s chromite recovery potential has been broadened by Wednesday’s joint venture (JV) agreement between Glencore Operations South Africa and Sibanye-Stillwater. “We’ll definitely extend... 


Copper falls as Citi predicts prices will retreat on US tariffs
Copper falls as Citi predicts prices will retreat on US tariffs
19th February 2025 By: Bloomberg

Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical... 


Wheaton CEO Randy Smallwood
Wheaton exceeds 2024 guidance, projects strong growth to 2029
19th February 2025 By: Creamer Media Reporter

Canadian streaming company Wheaton Precious Metals said on Tuesday that it had produced 633 000 gold-equivalent ounces (GEOs) in 2024, surpassing the upper-end of its guidance range of 620 000... 


Westgold confirms potential Lakewood mill sale
Westgold confirms potential Lakewood mill sale
19th February 2025 By: Mariaan Webb

Dual-listed gold miner Westgold Resources said on Wednesday that the review of its expanded portfolio remained ongoing and confirmed that it could include the potential sale of the Lakewood... 


The Somair mine in Niger
Orano looks to Mongolia as new source for uranium as Niger problems drag on
19th February 2025 By: Reuters

 French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production... 


Chinese lithium company halts tech exports as trade tensions build
19th February 2025 By: Reuters

A Chinese company has stopped exporting a piece of equipment used to process the electric vehicle battery metal lithium, in the clearest sign yet manufacturers are already implementing export... 


BHP raises $3bn through US bond issue
BHP raises $3bn through US bond issue
19th February 2025 By: Reuters

BHP Group, the world's largest listed miner, on Wednesday said it raised $3-billion through an issue of senior unsecured bonds in the United States. The bonds will be issued in three tranches by... 


An image showing the Madaouela uranium project
GoviEx, Niger agree on strategic roadmap
18th February 2025 By: Tasneem Bulbulia

TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap... 


Clockwise (from top left) CEO Niël Pretorius, CFO Riaan Davel and COO  Jaco Schoeman.
High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout
18th February 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Tuesday, February 18, reported soaring half-year operating profit and 28%-higher revenue for the six months to December 31. The strongly performing... 


Goldman raises gold target to $3 100 on central-bank appetite
Goldman raises gold target to $3 100 on central-bank appetite
18th February 2025 By: Bloomberg

Goldman Sachs Group raised its year-end gold target to $3 100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the... 


Ex-Glencore, Lundin execs launch firm hunting for copper, gold assets
18th February 2025 By: Reuters

Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15-billion in available... 


Winsome raises cash for Canada lithium project
18th February 2025 By: Creamer Media Reporter

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec.... 


Barro Alto nickel in Brazil
MMG to acquire Anglo American's nickel business for $500m
18th February 2025 By: Mariaan Webb

Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes... 


Robert Friedland
Billionaire Friedland’s iron-ore miner seeks up to A$300m in Australia IPO
18th February 2025 By: Bloomberg

Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people... 


BHP CEO Mike Henry
BHP CEO strikes upbeat tone despite profit decline
18th February 2025 By: Mariaan Webb

Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted... 


Arizona Lithium rescinds Sandy Valley exploration plan, working to refine Big Sandy development
Arizona Lithium rescinds Sandy Valley exploration plan, working to refine Big Sandy development
17th February 2025 By: Creamer Media Reporter

ASX-listed Arizona Lithium on Monday announced that it had rescinded its approved plan of operations for the Sandy Valley exploration project (Phase 3), citing stakeholder input as a key factor in... 


DFS confirms viability of Lithium Universe's Bécancour refinery
17th February 2025 By: Mariaan Webb

ASX-listed Lithium Universe has confirmed the economic feasibility of its Bécancour lithium carbonate refinery in Québec, Canada, following the completion of a definitive feasibility study (DFS).... 


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