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Eastplats Crocodile River mine underground
Eastplats records wider attributable loss as it develops underground operations
15th May 2025 By: Marleny Arnoldi

TSX-listed Eastern Platinum (Eastplats) has reported a 5.7% decrease in revenue to $14.8-million in the first quarter of the year, compared with revenue of $15.7-million having been reported in the... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


Rio Tinto CEO Jakob Stausholm
Lithium Triangle ‘right place’ for world to source lithium – Rio Tinto CEO
15th May 2025 By: Mariaan Webb

Diversified miner Rio Tinto is betting on the Lithium Triangle of South America to play a central role in meeting the world’s rising lithium demand, with CEO Jakob Stausholm describing the region... 


A palladium bar
Palladium market seen moving to balance after years of deficit, says Johnson Matthey
15th May 2025 By: Reuters

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 


Copper smelting
JP Morgan forecasts rise in copper, aluminium prices in second half of year
15th May 2025 By: Reuters

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 


Foran announces C$350m financing, provides project update
Foran announces C$350m financing, provides project update
15th May 2025 By: Mariaan Webb

TSX-listed Foran Mining has announced a C$350-million non-brokered private placement to fund construction of its McIlvenna Bay project, in Saskatchewan, and advance exploration in the surrounding... 


Rare earth oxides produced by MP Materials.
Ma’aden, MP Materials partner to build rare earth supply chain in Saudi Arabia
15th May 2025 By: Creamer Media Reporter

Saudi Arabian Mining Company (Ma’aden) has signed an agreement with US-based rare earth producer MP Materials to explore the development of a fully integrated, end-to-end rare earth supply chain in... 


Barrick's Loulo operation in Mali
Judge to hear Mali's request to reopen Barrick mine under new management, official says
15th May 2025 By: Reuters

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 


Timothy Hodgson
‘Bulldog’ ex-Goldman banker answers Carney’s call to fix Canada resources sector
15th May 2025 By: Bloomberg

The first time Timothy Hodgson was asked by Mark Carney to come to Ottawa, he left behind an investment banking career at Goldman Sachs Group that had seen him climb the ranks to lead its Canadian... 


Platinum cathode needed in PEM fuel cells.
Platinum uplift likely as particularly China, California gear for green hydrogen mobility
14th May 2025 By: Martin Creamer

While South Africa’s latest green hydrogen development is a request for information (RFI) involving the East London Industrial Development Zone becoming the site for a greenfield green hydrogen... 


Kamoa-Kakula Copper Complex and surrounds
Ivanhoe upgrades mineral resource estimate for the Makoko District next to Kamoa-Kakula
14th May 2025 By: Marleny Arnoldi

TSX-listed Ivanhoe Mines has published an independently verified updated mineral resource estimate (MRE) for the Makoko District, which is within Ivanhoe’s Western Forelands Exploration project, in... 


BHP CEO Mike Henry
BHP CEO sees trade war risks but says miner’s commodity mix is resilient
14th May 2025 By: Mariaan Webb

Diversified miner BHP CEO Mike Henry said on Tuesday that the mining giant was well-positioned to weather a range of global trade outcomes, including an escalated trade war, as the company focused... 


US health department to reverse federal layoffs of coal safety workers, senator says
14th May 2025 By: Reuters

Over 100 federal employees who screen coal miners for black lung disease and research other respiratory disease who had been terminated as part of sweeping government layoffs have had their jobs... 


Aya posts record silver output, revenue as new mill ramps up
14th May 2025 By: Creamer Media Reporter

Precious metals miner Aya Gold & Silver on Tuesday reported a record quarter for silver production, revenue, and operating cash flow, driven by the ramp-up of its newly commissioned mill and... 


Solidus receives up to $835m in potential Exim support for gold mine
14th May 2025 By: Creamer Media Reporter

Solidus Resources, a subsidiary of private mining company Waterton Mining, has reported potential financing of up to $835-million for the Spring Valley project, in Nevada, US. The financing... 


Burgundy shifts sales strategy, closes Perth polishing facility
Burgundy shifts sales strategy, closes Perth polishing facility
14th May 2025 By: Creamer Media Reporter

Canada-focused Burgundy Diamond Mines said on Tuesday that it would refine its approach to the high-end diamond market by forging new partnerships with manufacturers, traders, and luxury brands,... 


Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
14th May 2025 By: Mariaan Webb

Mountain Province Diamonds is betting on a market rebound with CEO Mark Wall expressing optimism that global economic conditions will improve and lift diamond demand. “The diamond market remained... 


Finance Minister Francois-Philippe Champagne
Carney puts ex-Goldman banker, Quebec loyalist in key jobs
14th May 2025 By: Bloomberg

Canadian Prime Minister Mark Carney unveiled his new economic team, keeping longtime politician François-Philippe Champagne as finance minister and placing former Goldman Sachs banker Timothy... 


Global cobalt market seen swinging to deficit from surplus in early 2030s
Global cobalt market seen swinging to deficit from surplus in early 2030s
14th May 2025 By: Reuters

Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in a research on... 


Menar MD Vuslat Bayoglu.
Menar hopeful US-SA trade relations will be normalised soon to avoid dual adversity
13th May 2025 By: Martin Creamer

Mining company Menar is very hopeful that trade relations between South Africa and the US are normalised very soon, and points out that if they are not, the US will also be adversely affected and... 


Peninsula receives major regulatory approval for Kendrick
13th May 2025 By: Creamer Media Reporter

ASX-listed Peninsula Energy announced on Tuesday that it had secured the final regulatory approvals required to start uranium recovery operations at the Kendrick production area within its Lance... 


Rough diamonds being sorted
De Beers secretly sells discounted diamonds to selected traders
13th May 2025 By: Bloomberg

De Beers has been quietly selling rough diamonds at sharply marked-down prices to a small handful of customers, in a highly unusual move that’s fuelling tensions across an industry already mired in... 


The Musselwhite mine
Orla ups 2025 guidance following Musselwhite addition
13th May 2025 By: Creamer Media Reporter

Gold miner Orla Mining has increased its full-year production and cost guidance to reflect the contribution of the Musselwhite mine in Canada, which it acquired from Newmont earlier this year. The... 


Ramaco appoints VP for Brook mine
13th May 2025 By: Creamer Media Reporter

Nasdaq-listed Ramaco Resources has appointed critical minerals expert Michael Woloschuk as executive vice president for critical mineral operations, tasking him with leading the development of the... 


The ore from Velvet-Wood will be processed at the nearby Shootaring Canyon uranium mill (pictured).
US to complete uranium mine review in 14 days under emergency energy push
13th May 2025 By: Mariaan Webb

The US Department of the Interior will complete an environmental review of the Velvet-Wood uranium and vanadium mine in Utah in just 14 days, using newly established emergency procedures tied to a... 


Gold holds heavy loss as markets latch onto US-China optimism
Gold holds heavy loss as markets latch onto US-China optimism
13th May 2025 By: Bloomberg

Gold steadied after a sharp selloff as a major de-escalation in US-China trade tensions hurt demand for havens. Bullion traded near $3 237 an ounce — after losing 2.7% on Monday — with investors... 


The Wheeler River camp
Denison sticks to Phoenix timeline with 2026 construction in sight
13th May 2025 By: Mariaan Webb

Uranium exploration and development company Denison Mines is aiming to break ground on its flagship Phoenix in-situ recovery (ISR) uranium project in northern Saskatchewan in early 2026, keeping... 


TMC secures $37m in strategic backing to drive deep-sea mining ambitions
TMC secures $37m in strategic backing to drive deep-sea mining ambitions
12th May 2025 By: Creamer Media Reporter

Nasdaq-listed The Metals Company (TMC) has secured a $37-million capital injection through a registered direct offering, positioning the company to advance its commercial plans for harvesting... 


Blanket gold mine, in Zimbabwe
Caledonia grows its first-quarter net profit to $8.9m
12th May 2025 By: Marleny Arnoldi

NYSE- and Aim-listed gold miner Caledonia Mining Corporation has managed to grow its net attributable profit to shareholders by 493% year-on-year to $8.9-million in the quarter ended March 31.... 


Anglo American technical director and Crop Nutrients CEO  Tom McCulley
Anglo American appoints Crop Nutrients veteran McCulley as technical director
12th May 2025 By: Marleny Arnoldi

Diversified miner Anglo American has appointed Tom McCulley technical director, effective immediately. He succeeds Matt Daley, who opted to take up a senior executive role at fellow diversified... 


Lucara has cautioned that the transition from openpit to underground operations will bring a difficult two-year period.
Lucara flags going concern risk on back of lower revenue
12th May 2025 By: Mariaan Webb

TSX- and BSE-listed Lucara Diamond has said there is “significant doubt” about its ability to continue as a going concern, after a drop in diamond sales and increased reliance on limited funding... 


Mark Bristow rang the opening bell at the NYSE on Friday.
Barrick debuts single-letter ticker ‘B’ on NYSE
12th May 2025 By: Creamer Media Reporter

Dual-listed Barrick Mining is officially trading under the single-letter ticker symbol ‘B’ on the New York Stock Exchange. To mark the milestone, Barrick president and CEO Mark Bristow rang the... 


Newmont sells C$124.7m stake in Discovery Silver
12th May 2025 By: Creamer Media Reporter

Gold and copper miner Newmont has reduced its shareholding in Discovery Silver by selling 50.5-million shares for C$124.07-million, or C$2.457 each. The transaction reduced its shareholding in... 


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