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Gold to continue outperforming silver, Goldman Sachs says
Gold to continue outperforming silver, Goldman Sachs says
5th May 2025 By: Reuters

Gold will continue to outperform silver, Goldman Sachs said in a note on Monday, citing strong central bank demand for bullion as a factor that has structurally elevated the gold-silver price... 


DRDGOLD CFO Riaan Davel (left) interviewed by Mining Weekly’s Martin Creamer.
The good gold price is providing much more capex confidence, says chief financial officer
5th May 2025 By: Martin Creamer

The good gold price is providing gold mining companies with much more confidence to execute capital programmes, and a sentiment doing the rounds is that South Africa should, in every respect, make... 


BHP partner Lundin unveils large copper, gold and silver resource at Vicuña
BHP partner Lundin unveils large copper, gold and silver resource at Vicuña
5th May 2025 By: Mariaan Webb

Canada’s Lundin Mining has released an initial mineral resource estimate for the sulphide deposit at Filo del Sol and updated estimates for the oxide deposit and the Josemaria project, confirming... 


Natascha Viljoen
Newmont promotes Viljoen to president and COO
5th May 2025 By: Creamer Media Reporter

US-based gold major Newmont has promoted Natascha Viljoen from executive VP and COO to president and COO of the company. Viljoen will continue to report directly to CEO Tom Palmer. 


The Northmet project is a joint venture between Glencore and Teck Resources.
Ten more projects fast-tracked in US critical minerals push, including Glencore-Teck and Sibanye mines
5th May 2025 By: Mariaan Webb

The US government has expanded the programme to accelerate domestic production of critical minerals by adding ten new projects to the federal permitting dashboard under the FAST-41 programme.... 


US Ex-Im Bank votes to reverse ban on overseas coal lending
2nd May 2025 By: Reuters

The board of the US Export-Import Bank unanimously voted on Thursday to reverse a years-long restriction on lending to coal projects overseas, reflecting President Donald Trump's agenda that calls... 


Trump’s push for deep-sea metals clashes with UN ocean treaty
2nd May 2025 By: Bloomberg

President Donald Trump first set his sights on Canada and Greenland’s mineral resources. Now he’s eyeing the global seabed that holds vast troves of critical metals for green technologies but is... 


Robert McEwen
McEwen sees gold equities boom on metal’s bull run to $5 000
2nd May 2025 By: Bloomberg

Bullion’s record-breaking run will attract investors back to gold mining stocks, leading to “explosive” performance in shares of producers of the precious metal, according to Canadian mining... 


An image of the Ity mine
Endeavour on track to achieve full-year guidance following strong first quarter
2nd May 2025 By: Tasneem Bulbulia

London-listed Endeavour Mining says it achieved a strong performance for the first quarter, with production of 341 000 oz at an all-in sustaining cost of $1 129/oz. The company is on track to... 


Hudbay takes full ownership of Copper Mountain mine
2nd May 2025 By: Creamer Media Reporter

TSX- and NYSE-listed Hudbay Minerals has completed its acquisition of Mitsubishi Materials Corporation’s (MMC's) 25% stake in the Copper Mountain mine in British Columbia, giving it full ownership... 


Alamos' Young Davidson mine
Alamos reaffirms 2025 guidance as production builds in second half
2nd May 2025 By: Mariaan Webb

Gold miner Alamos Gold has reaffirmed its full-year production guidance of 580 000 oz to 630 000 oz after delivering first-quarter output of 125 000 oz, at the lower end of its forecast range. The... 


The Keno Hill silver mine in Yukon
Hecla reports first profitable quarter for Keno Hill
2nd May 2025 By: Mariaan Webb

Precious metals miner Hecla Mining’s Keno Hill operation in Canada’s Yukon Territory posted its first profitable quarter under company ownership, even as power disruptions curbed throughput and... 


New Gold closes New Afton transaction
2nd May 2025 By: Creamer Media Reporter

TSX- and NYSE American-listed New Gold has closed its previously announced $300-million agreement with Ontario Teacher’s Pension Plan to acquire the remaining 19.9% free cash flow interest in the... 


Drilling at Siguiri in Guinea.
AngloGold agrees sale of Côte d’Ivoire projects, acquisition of Guinea project
2nd May 2025 By: Martin Creamer

The New York- and Johannesburg-listed AngloGold Ashanti has agreed to sell its interests in two gold projects in Côte d’Ivoire and simultaneously acquire a project in Guinea, alongside its Siguiri... 


MAC welcomes Carney's election as PM
2nd May 2025 By: Creamer Media Reporter

The Mining Association of Canada (MAC) has officially congratulated Mark Carney on his election victory and upcoming role as the new Prime Minister of Canada. With Carney set to lead the country,... 


A mine in the DRC
US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals
2nd May 2025 By: Reuters

The US is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral mineral deals that would bring billions of dollars of Western investment... 


Patriot reports permitting progress at Shaakichiuwaanaan project
Patriot reports permitting progress at Shaakichiuwaanaan project
2nd May 2025 By: Creamer Media Reporter

Vancouver-headquartered Patriot Battery Metals is making strides in the permitting process for its Shaakichiuwaanaan lithium project, located in Quebec’s Eeyou Istchee James Bay region. The company... 


McEwen weighs Argentina share listing as part of copper unit IPO
McEwen weighs Argentina share listing as part of copper unit IPO
2nd May 2025 By: Bloomberg

Canadian mining industry veteran Rob McEwen is considering listing shares in Argentina as part of an initial public offering of his copper venture, the latest sign of the country’s newfound appeal... 


Australia boasts rare trade surplus with US on gold frenzy
2nd May 2025 By: Reuters

Australia has boasted its best three-month run of exports to the United States as President Donald Trump's tariff policies sparked a rush to buy gold, turning a rare US trade surplus into a... 


Northern Graphite plans to put Quebec mine on care and maintenance
Northern Graphite plans to put Quebec mine on care and maintenance
2nd May 2025 By: Reuters

Canadian miner Northern Graphite will put its Quebec plant under care and maintenance, effectively stopping production at North America's only graphite producing facility, by the end of 2025 if the... 


Albemarle CEO says 'math doesn't work' for US lithium refinery project
2nd May 2025 By: Reuters

Albemarle's stalled plans to build the largest US lithium refinery remain on hold due to the ongoing global glut of the battery metal that has dragged down market prices, the company's CEO told... 


DRDGOLD Chairperson Tim Cumming.
Gold price sustaining opportunity to mine for longer, says DRDGOLD chairperson
30th April 2025 By: Martin Creamer

The current gold price is improving margins, sustaining the opportunity for existing miners to mine for longer, and probably creating new opportunities. That is the view of DRDGOLD chairperson Tim... 


Record gold prices help keep China's copper smelters going despite losses
30th April 2025 By: Reuters

Surging prices for gold and other byproducts are keeping China's copper smelters afloat and could fend off significant production cuts this year despite a key gauge of industry profitability... 


Flashback to Glencore's winter wheat pilot project in Mpumalanga.
Glencore produces 5% more South African energy coal in first quarter
30th April 2025 By: Martin Creamer

The energy coal produced by Glencore in South Africa in the first three months of this year was up on the first quarter of last year, the London- and Johannesburg-listed mining and marketing... 


Libero Copper changes name to Copper Giant Resources
30th April 2025 By: Creamer Media Reporter

TSX-V-listed Libero Copper and Gold will change its name to Copper Giant Resources, effective at market open on May 1, in a move that underscores the company’s belief in the district-scale... 


GR Silver halts field work in Mexico amid security push
30th April 2025 By: Creamer Media Reporter

Toronto-listed GR Silver Mining has temporarily suspended field activities at its Plomosas silver project in Sinaloa, Mexico, citing a proactive move in response to regional security issues. The... 


American Battery Technology receives $900m loan interest for lithium mine project
30th April 2025 By: Reuters

American Battery Technology said on Tuesday it has received a letter of interest from the US Export-Import Bank (EXIM) for $900-million in financing to support the construction of its Nevada-based... 


Vale checking alternatives for nickel assets amid challenging scenario
Vale checking alternatives for nickel assets amid challenging scenario
30th April 2025 By: Reuters

Brazilian miner Vale is studying alternatives for its nickel portfolio including selling, making partnerships or putting assets in care and maintenance, as the market faces a challenging short-term... 


TMC seeks US approval for first commercial deep-sea mining project
TMC seeks US approval for first commercial deep-sea mining project
30th April 2025 By: Mariaan Webb

Undersea explorer The Metals Company (TMC) has submitted the first-ever application for a commercial recovery permit to mine the deep ocean under the US seabed mining code. The application, filed... 


Gold bars
Billionaire investor John Paulson sees gold near $5 000 by 2028
29th April 2025 By: Reuters

Central bank gold buying and global trade tensions are likely to push bullion prices to near $5 000 an ounce by 2028, billionaire investor John Paulson said in an interview during which he... 


commodities trading screens
Global commodity prices expected to drop to six-year low by 2026 – World Bank
29th April 2025 By: Darren Parker

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank’s... 


 	DRDGOLD CEO Niël Pretorius (right) interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.
Premature gold mine closure can no longer be allowed, says 130-year-old DRDGOLD
29th April 2025 By: Martin Creamer

With the gold price expected to be stronger for longer, hopes are high that South Africa’s five main remaining gold mining companies will maximise gold production and avoid repeating the gold... 


Syrah’s Balama graphite mine remains idle
Syrah’s Balama graphite mine remains idle
29th April 2025 By: Mariaan Webb

ASX-listed Syrah Resources’ Balama graphite operation in Mozambique remained suspended for the third consecutive quarter, with the company citing continued protest action and lack of government... 


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The Southern African Institute of Mining and Metallurgy
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