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Newmont profit beats estimates as gold rally trumps weak output
Newmont profit beats estimates as gold rally trumps weak output
24th April 2025 By: Reuters

The world's biggest gold miner Newmont beat Wall Street estimates for first-quarter profit on Wednesday as a rally in bullion prices helped offset lower production, sending its shares up 2% after... 


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... 


Haul truck at a Zambian copper mine
Vedanta weighs US listing to raise $1bn for Zambian copper assets
23rd April 2025 By: Reuters

Vedanta Resources, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1-billion for mine development, three sources familiar... 


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... 


Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
Triple Flag to acquire Orogen Royalties for C$421m in Expanded Silicon gold deal
23rd April 2025 By: Mariaan Webb

TSX- and NYSE-listed Triple Flag Precious Metals on Tuesday announced the acquisition of TSX-V-listed Orogen Royalties in a C$421-million transaction that would give the royalty and streaming firm... 


Ascot appoints interim CFO
23rd April 2025 By: Creamer Media Reporter

Canadian gold developer Ascot Resources has announced a leadership change with the appointment of Christopher Park as interim CFO, effective May 15. Park will succeed CFO Carol Li, who is set to... 


US offers $190m for Victory's Western Australia REE project
US offers $190m for Victory's Western Australia REE project
23rd April 2025 By: Mariaan Webb

Australia's Victory Metals on Wednesday announced that it had received a letter of interest (LoI) from the Export-Import Bank of the United States (EXIM) for up to $190-million in project financing... 


Langer Heinrich mine, in Namibia
Paladin achieves highest quarterly production since restart of Langer Heinrich mine
23rd April 2025 By: Marleny Arnoldi

Western Australia-based uranium producer Paladin Energy has produced 745 484 lb of yellowcake, or triuranium octoxide (U3O8), in the quarter ended March 31, despite weather disruptions at its... 


Sayona and Piedmont move closer to merger
23rd April 2025 By: Creamer Media Reporter

Australia's Sayona Mining and US-based Piedmont Lithium are nearing the completion of their proposed merger, a transaction that would create a new global lithium player, Elevra Lithium, with an... 


Fresnillo shares dive 10% as first-quarter silver output drops 9%
Fresnillo shares dive 10% as first-quarter silver output drops 9%
23rd April 2025 By: Reuters

Shares in Mexico-focused miner Fresnillo slumped as much as 10% in early trade on Wednesday after the company reported about a 9% decline in first-quarter silver production, hurt partly by work... 


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... 


Woodside weighs Trump tariff impact on $1.2bn Louisiana LNG project
23rd April 2025 By: Reuters

Woodside Energy, Australia’s top gas producer, said on Wednesday it was assessing the impact of US tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches... 


The Hemlo mine
Barrick Gold seeks buyers for its last mine in Canada
23rd April 2025 By: Bloomberg

Barrick Gold is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations. Barrick began a process in April... 


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... 


The Donlin Gold project in Alaska
Barrick exits Donlin Gold in $1.1bn deal with Paulson and NOVAGOLD
22nd April 2025 By: Mariaan Webb

Canadian miner Barrick Gold on Wednesday announced a deal to divest its 50% stake in the Donlin Gold project in Alaska for up to $1.1-billion, marking an exit from the asset while strengthening its... 


Former US Senator appointed to Ramaco board
22nd April 2025 By: Creamer Media Reporter

Metallurgical coal and critical minerals producer Ramaco Resources has announced the appointment of former US Senator Joseph Manchin III to its board as an independent member. Manchin brings... 


US investor Cameron offers $5bn for Kazakh mining giant, ERG says no sale talks
22nd April 2025 By: Reuters

US businessman James Cameron has offered to buy mining giant Eurasian Resources Group for $5-billion, a letter he sent to its board showed, as the company prepares to participate in a major... 


Jindalee welcomes US backing as McDermitt named FAST-41 project
22nd April 2025 By: Mariaan Webb

Australia-based Jindalee Resources has welcomed the inclusion of its McDermitt lithium project in Oregon among the first ten mining initiatives selected by the US government for accelerated... 


The Cangrejos camp in Ecuador
CMOC to acquire Lumina Gold in C$581m all-cash deal
22nd April 2025 By: Mariaan Webb

Chinese mining company CMOC Group has agreed to acquire Canada's Lumina Gold in an all-cash deal valued at C$581-million.  The transaction, announced on Monday, will mark a step forward for the... 


Gold surges to record as Trump ramps up threats on Fed’s Powell
Gold surges to record as Trump ramps up threats on Fed’s Powell
22nd April 2025 By: Bloomberg

Gold rose to an all-time-high, after concern that President Donald Trump could fire Federal Reserve Chair Jerome Powell triggered a flight from US stocks, bonds and the dollar. Bullion climbed as... 


US rare earth miner MP Materials halts exports to China
22nd April 2025 By: Bloomberg

A US producer of rare earth metals stopped shipments to China after Beijing placed export controls on similar materials crucial for defense and technology manufacturing. MP Materials, which... 


US President Donald Trump
Trump Administration fast-tracks 10 mining projects in critical minerals push
22nd April 2025 By: Mariaan Webb

The Trump administration has moved to expedite permitting for ten mining projects across the US as part of a broader effort to boost domestic production of critical minerals and reduce reliance on... 


Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans
Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans
22nd April 2025 By: Reuters

The Trump administration has said it would approve a land swap needed for Rio Tinto and BHP to build one of the world's largest copper mines, despite concerns from Native Americans that it would... 


Copper cathode produced in the DRC
Trump supporter Prince reaches deal with Congo to help secure mineral wealth
17th April 2025 By: Reuters

Prominent Trump supporter Erik Prince has agreed to help Democratic Republic of Congo secure and tax its vast mineral wealth, according to two sources close to the private security executive, a... 


An image of raw copper in Zambia
Zambia’s Kashime copper mine approved to start operations
17th April 2025 By: Tasneem Bulbulia

The Kashime copper mine project, located in the Upper Lusemfwa area of Mkushi district in Zambia, has received authorisation to start mining operations. The project is primarily being developed by... 


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... 


Allied Gold launches C$80m bought deal
17th April 2025 By: Creamer Media Reporter

Canada-headquartered Allied Gold on Wednesday announced a C$80-million bought deal public offering alongside a concurrent block trade, as the miner looks to improve share liquidity. The... 


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... 


Paladin's Langer Heinrich mine in Namibia
Paladin hit with class action over 'misleading' uranium guidance
17th April 2025 By: Mariaan Webb

ASX- and TSX-listed Paladin Energy has been served with a class action lawsuit in the Supreme Court of Victoria, with the plaintiffs alleging the uranium producer misled investors and breached its... 


Iron-ore miners in rocky start to year as tariff turmoil begins
Iron-ore miners in rocky start to year as tariff turmoil begins
17th April 2025 By: Bloomberg

The world’s biggest iron-ore miners face a difficult start to the year, after extreme weather impacted production and as their biggest customer China braces for a trade war. This week, BHP Group,... 


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,... 


Alcoa reports $20m tariff hit on imports from Canada
Alcoa reports $20m tariff hit on imports from Canada
17th April 2025 By: Bloomberg

Alcoa, the largest US aluminum producer, said President Donald Trump’s 25% tariff on metal imports has cost the company $20-million since the duties went into effect. The Pittsburgh-based company... 


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