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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... 


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... 


Heraeus Precious Metals business line hydrogen systems executive VP Philipp Walter.
New ultra-low iridium collaboration is promising major green hydrogen magnification
17th February 2025 By: Martin Creamer

The acronyms are becoming more intense, with PTE, which stands for porous transport electrodes, the latest one, amid the already tried and trusted proton exchange membrane (PEM) popping up for... 


Anglo American CE Duncan Wanblad
Anglo American sets out June demerger timeline for Anglo American Platinum
17th February 2025 By: Martin Creamer

Diversified mining major Anglo American plc reported on Monday that it had made significant progress towards its demerger of Anglo American Platinum, which has announced dividends totalling... 


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... 


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... 


Gold Fields CEO Mike Fraser
Gold Fields boosts free cash, uplifts dividend, outlines South Deep renewables outlook
20th February 2025 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... 


Glencore says it rejected an approach for its DRC operations last year
Glencore says it rejected an approach for its DRC operations last year
17th February 2025 By: Reuters

Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year.... 


CEO Craig Miller
Craig Miller excited at prospect of demerged AngloPlat being resurgent PGM producer
17th February 2025 By: Martin Creamer

Soon-to-be renamed Anglo American Platinum is being positioned to be as competitive as possible for the long term and to deliver on its full potential for all of stakeholders, CEO Craig Miller made... 


Petra Diamonds' Finsch mine
Duffy resigns as Petra CEO, interim revenue knocked by market weakness
17th February 2025 By: Marleny Arnoldi

Independent mining group Petra Diamonds, which owns and operates diamonds mines in South Africa, has appointed two interim CEOs Vivek Gadodia and Juan Kemp to succeed Richard Duffy, who has... 


Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
Ivanhoe unveils independent Phase 2, Phase 3 expansion studies for Platreef
19th February 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines’ subsidiary Ivanplats and its partners have welcomed the positive and significant results from two independent technical studies completed on the Phase 2 and Phase 3... 


Jacob Stausholm delivered Rio Tinto's 2024 results from the US, where he is meeting with officials.
Rio Tinto CEO weighs in on Trump’s aluminium tariffs
20th February 2025 By: Mariaan Webb

Rio Tinto CEO Jakob Stausholm has expressed caution regarding the potential impact of US President Donald Trump’s proposed 25% import tax on all steel and aluminium, stating that the ultimate... 


Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
Leverage to higher gold price drives 216% increase in Sibanye-Stillwater’s Ebitda
21st February 2025 By: Martin Creamer

Leverage to the higher gold price drove a 216% increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R3.6-billion for Sibanye-Stillwater in the last six months of... 


DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
DRDGold dividends, Amplats rebrand, iridium deal boosts hydrogen
21st February 2025

Mining Weekly Editor Martin Creamer unpacks DRDGold dividends no longer being just a policy but a value; Anglo American Platinum becoming an independent fit-for-purpose PGM company; and the new... 


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... 


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... 


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... 


Agnico nears world’s No. 2 gold miner spot with output targets
Agnico nears world’s No. 2 gold miner spot with output targets
17th February 2025 By: Bloomberg

Agnico Eagle Mines is threatening to snag the title of world’s second-largest gold producer from one of its top rivals. The Canadian mining company aims to churn out 3.3-million to 3.5-million... 


Rio Tinto's Yandicoogina mine
Top iron-ore miners face weakest results since 2019
17th February 2025 By: Reuters

The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on... 


Barrick signs MoU with Zambia to boost mining and exploration
Resources Watch
18th February 2025

This week: Barrick signs MoU with Zambia to boost mining and exploration and, Pan African says it can operate and grow in South Africa ‘very successfully’ 


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... 


Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
Mitsui secures $5bn stake in Rhodes Ridge iron-ore project
19th February 2025 By: Mariaan Webb

Japanese conglomerate Mitsui & Co has announced a $5.34-billion acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. As part of the transaction, Mitsui will acquire VOC... 


Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
Aboriginal group seeks $1.1bn from Western Australia in iron-ore claim
19th February 2025 By: Reuters

An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court... 


Gemfields CEO Sean Gilbertson
Zambia suspends export tax on precious stones, metals
19th February 2025 By: Reuters

Zambia has suspended a 15% export tax on precious stones and metals in a bid to enhance competitiveness on the global market and draw investment, the finance ministry said on Wednesday. The... 


Mineral Resources CEO Chris Ellison
Mineral Resources sees worst day in 16 yrs on production woes, higher costs
19th February 2025 By: Reuters

Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron... 


The Los Bronces mine
Anglo American, Codelco seek to unlock further value from Los Bronces, Andina mines
20th February 2025 By: Tasneem Bulbulia

JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to... 


Construction of Africa’s largest smelter project at Kamoa-Kakula is now complete.
Ivanhoe entering era of free cash flow generation – Friedland
20th February 2025 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... 


Cyclone and Vale ink $138m deal for Canada iron-ore project
Cyclone and Vale ink $138m deal for Canada iron-ore project
17th February 2025 By: Mariaan Webb

ASX-listed Cyclone Metals on Monday announced a binding commercial agreement with Vale for the joint development of the Iron Bear iron-ore project in Canada. Under the terms of the agreement,... 


Storied Peruvian exec resurfaces at Canadian copper startup
Storied Peruvian exec resurfaces at Canadian copper startup
17th February 2025 By: Bloomberg

After decades overseeing some of Peru’s biggest mines, Victor Gobitz has reemerged at the helm of a Canadian startup that has plans to begin copper production in a year and go public in the medium... 


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... 


Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 


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... 


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... 


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