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South America

Acting Exxaro CEO Riaan Koppeschaar.
Exxaro boosting small business, education, post-mining economies, farming ventures
13th March 2025 By: Martin Creamer

As at the end of December, the social investments of Exxaro Resources amounted to R2.1-billion amid the bettering of lives and livelihoods being declared core by this black-controlled Johannesburg... 


Gold may rise as high as $3 500 in third quarter, Macquarie says
Gold may rise as high as $3 500 in third quarter, Macquarie says
13th March 2025 By: Bloomberg

Gold’s burgeoning safe-haven allure may see it surge to a record high of $3 500 an ounce during the third quarter, according to Macquarie Group analysts. Bullion could average $3 150 an ounce over... 


Ben Magara
Seasoned campaigner Ben Magara to assume Exxaro CEO role from April 1
13th March 2025 By: Martin Creamer

Mining veteran Bennetor (Ben) Magara has been appointed as the new incoming CEO of Exxaro Resources, effective from April 1. Magara, a mining engineer with more than 35 years of mining industry... 


Copper can reach $10 000 before tariffs bite, says Citigroup
Copper can reach $10 000 before tariffs bite, says Citigroup
13th March 2025 By: Bloomberg

Copper will hit $10 000 a ton in the coming three months, according to Citigroup, which said the global market will remain tight until the timeline for US import tariffs becomes clearer. The metal... 


African Rainbow Minerals executive: growth and strategic development in the executive chairperson’s office Mike Schmidt.
‘Very promising’ narrow-reef boring technology nearing rollout stage, ARM reports
12th March 2025 By: Martin Creamer

The rollout of new narrow-reef boring technology, which has the potential to boost platinum group metal (PGM) grades, lower unit costs, enhance safety, and streamline downstream materials handling,... 


China's Jiangxi strengthens stake in SolGold with $18m investment
China's Jiangxi strengthens stake in SolGold with $18m investment
12th March 2025 By: Mariaan Webb

LSE- and TSX-listed SolGold on Wednesday announced a further investment from Jiangxi Copper Company Limited (JCC), which would see the Chinese mining giant acquire about 157-million shares in... 


Blast furnace steel production
A global steel war heats up with Trump’s latest tariff offensive
12th March 2025 By: Bloomberg

President Donald Trump is unleashing sweeping import tariffs that he says will reverse the decline of America’s steel towns. But the US isn’t the only nation rushing to protect its factory... 


ARM Ferrous CE Andre Joubert (left) interviewed by Mining Weekly's Martin Creamer.
South Africa can return to being global ferroalloy hub, ARM’s Andre Joubert reiterates
11th March 2025 By: Martin Creamer

South Africa has extensively tested highly convincing home-grown smelting technology that has the potential to re-establish this country as a global ferroalloys hub by enabling it to produce... 


An image of iron ore
Iron-ore production to accelerate over next five years – BMI
11th March 2025 By: Tasneem Bulbulia

Global iron-ore production growth is expected to accelerate over 2025 to 2029, with production to reach 2.92-billion tonnes by 2029, BMI, a unit of Fitch Solutions, says in its latest ‘Outlook for... 


Rio Tinto to sell bonds to finance Arcadium Lithium purchase
Rio Tinto to sell bonds to finance Arcadium Lithium purchase
11th March 2025 By: Bloomberg

Rio Tinto Group said it’s seeking to sell bonds in the US to help repay a bridging loan used to finance its $6.7-billion acquisition of Arcadium Lithium. The world’s second-biggest miner didn’t... 


Brazil’s red tape is ‘cooling’ investment, mining group says
11th March 2025 By: Reuters

The growing global demand for critical minerals could be a boon for Brazil, but the strict licensing process is holding back development, says the country’s former environmental chief who now heads... 


Major copper miner Peru readies US delegation amid tariff threat
Major copper miner Peru readies US delegation amid tariff threat
11th March 2025 By: Bloomberg

Peru is planning to send a delegation to meet with US officials after the Trump administration announced plans to introduce copper tariffs that may affect the South American nation’s biggest export... 


Merafe CEO Zanele Matlala (left) and Merafe FD Ditabe Chocho.
New ferroalloy technology pilot results ‘looking great’, Merafe presentation hears
10th March 2025 By: Martin Creamer

The results of the pilot testing of a new Proudly South African smelting technology, which lowers electricity usage and has the potential to render local ferroalloy beneficiation globally... 


Early works construction gets under way at Oko West – GMIN
10th March 2025 By: Creamer Media Reporter

Toronto-listed G Mining Ventures (GMIN) has initiated site preparation activities at its Oko West gold project, in Guyana. With the interim environmental permit from the Guyana Environmental... 


Newmont widens output gap over gold mining rivals
Newmont widens output gap over gold mining rivals
10th March 2025 By: Bloomberg

The biggest gold miners are jostling for dominance over the bullion market. Newmont expanded its position as the top producer last year thanks to added output from its 2023 takeover of Australia’s... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals is confident platinum group metals pricing will increase
7th March 2025 By: Martin Creamer

Dr Patrice Motsepe, the executive chairperson of the diversified mining company African Rainbow Minerals, on Friday expressed confidence that platinum group metal (PGM) prices will increase in the... 


Lodestar expands footprint in Chile
6th March 2025 By: Creamer Media Reporter

ASX-listed Lodestar Minerals has expanded its exploration footprint at the Darwin iron-oxide-copper-gold (IOCG) project in northern Chile, applying for an additional 3 200 ha of exploration... 


Harmony Gold CEO Beyers Nel (left) being interviewed by Mining Weekly's Martin Creamer.
Harmony Gold well down the track with its cost-effective renewable-energy build
6th March 2025 By: Martin Creamer

South Africa’s biggest gold mining company is well down the track with its solar build amid group operating free cash flows increasing by 46% to a new half-year record of R10.4-billion in the six... 


The Arcata mine
Triple Flag acquires gold and silver streams in Peru
6th March 2025 By: Creamer Media Reporter

Royalty and streaming company Triple Flag Precious Metals said on Wednesday that it had acquired 5% gold and silver streams on the Arcata and Azuca mines in Peru from Sierra Sun Precious Metals for... 


Rio Tinto finalises $6.7bn acquisition of Arcadium Lithium
Rio Tinto finalises $6.7bn acquisition of Arcadium Lithium
6th March 2025 By: Creamer Media Reporter

Diversified mining major Rio Tinto has officially completed its $6.7-billion acquisition of Arcadium Lithium. The deal, sanctioned by the Royal Court of Jersey on Wednesday, integrates Arcadium... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum deficit worsens beyond forecast, World Platinum Investment Council reports
5th March 2025 By: Martin Creamer

The platinum market recorded a deficit of 995 000 oz for full year 2024, which is 46% higher than previously forecast, as total demand exceeded eight-million ounces for the first time since 2019... 


Chile's SQM reports about 41% drop in profit on lower lithium prices
Chile's SQM reports about 41% drop in profit on lower lithium prices
5th March 2025 By: Reuters

Chile's SQM, the world's second-largest lithium producer, reported a 40.9% fall in fourth-quarter net profit on Wednesday, as higher sales volumes failed to offset a sharp decline in lithium... 


Harmony Gold CEO Beyers Nel.
Harmony investing R2bn in underground gold mines, earmarking R1bn for surface gold
4th March 2025 By: Martin Creamer

During this financial year, South Africa’s largest gold mining company will be investing more than R3-billion in its South African assets. “We're on an exciting growth path,” Harmony Gold CEO... 


New SolGold CEO Dan Vujcic
SolGold overhauls leadership as it accelerates development, weighs ASX listing
4th March 2025 By: Mariaan Webb

LSE- and TSX-listed SolGold on Tuesday announced leadership changes and a strategic reset aimed at accelerating the development of its flagship Cascabel copper/gold project in Ecuador. The... 


US President Donald Trump
Trump’s Canada, Mexico, China tariffs hit in deepening trade war
4th March 2025 By: Bloomberg

President Donald Trump delivered on his threat to hit Canada and Mexico with sweeping import levies, imposing one of the largest increases in US tariffs since the 1930s in a dramatic escalation of... 


Harmony Gold CEO Beyers Nel.
Stellar Harmony Gold results drive record free cash, R1.4bn dividend declaration
4th March 2025 By: Martin Creamer

Record interim free cash flow generation and the highest-ever interim dividend payout was declared on Tuesday by Harmony Gold Mining Company. The gold price has continued to rally since the... 


Lexington Gold drilling
Lexington announces secondary listing in US
3rd March 2025 By: Marleny Arnoldi

London-listed gold producer Lexington Gold, which operates in South Africa and the US, has started trading its shares on the OTCQB Venture Market, in the US. The company identified increasing... 


New Zondereinde 3 Shaft surface works taking shape.
Great hydrogen economy strides in China, Europe, Northam Platinum reports
3rd March 2025 By: Martin Creamer

Great strides are being made in the green hydrogen economy in particularly China and Europe, journalists heard during a media conference, where Northam Platinum emphasised the “absolutely... 


SSR seeks voluntary ASX delisting
SSR seeks voluntary ASX delisting
3rd March 2025 By: Creamer Media Reporter

Denver-based SSR Mining on Monday announced that it would delist from the ASX, citing infrequent and low trade volumes compared with that of the Nasdaq and TSX. The company explained that the... 


Northam CEO Paul Dunne and solar power area.
Northam Platinum’s big solar thrust to save R700m a year, much more to come
28th February 2025 By: Martin Creamer

The area south of the metallurgical complex at Northam Platinum’s Zondereinde platinum group metals (PGM) mine in Limpopo has been cleared for the construction of the first of the Johannesburg... 


President Jose Raul Mulino
Panama President exploring ‘novel ideas’ on First Quantum mine
28th February 2025 By: Bloomberg

Panama President Jose Raul Mulino said his government is exploring “novel ideas” on handling First Quantum Minerals’s giant copper mine in the country and reiterated that the firm must drop its... 


Implats executive team from left Moses Motlhageng, Meroonisha Kerber, Patrick Morutlwa, Nico Muller and Johan Theron.
Firm intent of Impala Platinum is to prosper on current prices, CEO Muller spells out
27th February 2025 By: Martin Creamer

The firm intention of South Africa’s Impala Platinum (Implats) is to prosper on current platinum group metals (PGM) prices. This was made clear by Implats CEO Nico Muller during the presentation of... 


President Jose Raul Mulino
Panama delays Cobre Panama copper mine decision pending social security reform
27th February 2025 By: Reuters

Panama President Jose Mulino will only take a decision regarding the future of the Cobre Panama mine after he resolves the issue of the country's social security policy, a supplier of the Cobre... 


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