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South America

Barrick completes name change, elects directors
7th May 2025 By: Schalk Burger

NYSE- and TSX-listed Barrick Gold Corporation has completed the change of its name to Barrick Mining Corporation and Société minière Barrick in French, after receiving shareholder approval at its... 


Lake explores strategic options for Argentina lithium project
Lake explores strategic options for Argentina lithium project
7th May 2025 By: Mariaan Webb

Lithium developer Lake Resources on Wednesday announced a special board committee to evaluate a range of strategic alternatives for its flagship Kachi project in Argentina. The Australia-listed... 


Gold Fields CEO Mike Fraser.
Strong gold price benefiting Gold Fields amid advances in Chile, Canada, Australia
6th May 2025 By: Martin Creamer

The benefit of the strong gold price is playing out for Gold Fields, which is generating steady cash and deleveraging the balance sheet, the first-quarter’s $335-million dividend payout... 


A gold pour
Safe-haven demand lifts gold to two-week peak, focus on Fed meet
6th May 2025 By: Reuters

Gold prices rose to a two-week high on Tuesday, as tariff threats from US President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was... 


Big South Deep mine west of Johannesburg.
South Deep produces 24% more gold, on track to meet guidance, Gold Fields reports
6th May 2025 By: Martin Creamer

After addressing backfill leakage and rehandling issues and transitioning into higher-grade areas, the big South Deep gold mine west of Johannesburg has delivered a 24%-higher 72 200 oz... 


Mining murders show Peru’s struggles with an illegal gold rush
Mining murders show Peru’s struggles with an illegal gold rush
6th May 2025 By: Bloomberg

The bodies of 13 workers at a Peruvian gold mine were discovered over the weekend as criminal groups step up a wave of terror over control of the precious metal in the country’s northern... 


Moab Khotsong's quality orebodies supporting investment under way.
Harmony on track to meet full year guidance, increased grade, net cash up
5th May 2025 By: Martin Creamer

Harmony Gold Mining Company is on track to meet full-year guidance with the underground recovered grade guidance increased to more than 6 g/t. South Africa’s Mponeng and Papua New Guinea’s Hidden... 


Community near mine
ICMM publishes new handbook on community-led mine closure practices
5th May 2025 By: Marleny Arnoldi

Mining and metals advocacy group ICMM provides in its latest “Handbook on Multistakeholder Approaches to Socioeconomic Transitions in Mining” publication a practical guide for mining companies to... 


Gold bar on silver bars
Gold consumption dips on back of latest price rallies
5th May 2025 By: Marleny Arnoldi

Refining services provider Heraeus Precious Metals finds in its latest appraisal publication that fabrication demand for gold fell significantly in the first quarter of the year, largely owing to... 


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... 


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... 


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... 


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... 


Albemarle sees pressure building for high-cost lithium producers
Albemarle sees pressure building for high-cost lithium producers
2nd May 2025 By: Bloomberg

Albemarle, the world’s biggest lithium supplier, is anticipating more pain for higher cost producers of the battery metal, many of which are losing money due to low prices. About 40% of global... 


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... 


Hot Chili’s Chile projects earn strategic status from government
30th April 2025 By: Creamer Media Reporter

Australian copper developer Hot Chili has secured priority status from the Chilean government for two of its key projects. The company’s flagship Costa Fuego copper/gold project, along with the... 


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... 


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... 


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... 


Gold’s bullish sentiment seen easing as record rally stumbles
Gold’s bullish sentiment seen easing as record rally stumbles
29th April 2025 By: Bloomberg

The gold rally has outshone other asset classes this month — even drawing some comparisons to bitcoin — as President Donald Trump’s tariff war reshapes the global economic order, pushing investors... 


CEO Mark Bristow says Barrick is building a substantial copper business alongside its core gold operations.
Barrick proposes rebrand to reflect broader copper strategy
29th April 2025 By: Creamer Media Reporter

Canada-headquartered Barrick Gold is rebranding as Barrick Mining, a move that reflects the company’s increasing emphasis on copper alongside its core gold operations. The proposed name change is... 


Codelco takes another step in long path to copper-mine recovery
29th April 2025 By: Bloomberg

Codelco posted a slight increase in first-quarter output despite power, weather and maintenance interruptions, as the world’s biggest copper producer battles to compensate for deteriorating ore... 


DRDGOLD's 130th anniversary celebration at the Johannesburg Stock Exchange.
DRDGOLD stronger than ever as it hits 130-year mark at time of sky-high gold pricing
25th April 2025 By: Martin Creamer

Friday, April 25, marked the remarkable 130th anniversary of the uninterrupted listing on the Johannesburg Stock Exchange of South Africa's resilient gold producer, DRDGOLD. Born out of the gold... 


Zinc ingots
Global refined zinc and lead markets face 2025 surplus, ILZSG says
25th April 2025 By: Reuters

The global refined zinc and lead market will be in surplus this year, the International Lead and Zinc Study Group (ILZSG) said on Friday. The group expects that global supply of refined lead will... 


Gold sinks on trade signals as volatile week comes to a close
Gold sinks on trade signals as volatile week comes to a close
25th April 2025 By: Bloomberg

Gold fell at the end of a volatile week that saw prices notch a record before retreating, with signs some trade tensions may be easing. Bullion shed as much as 1.4%, dropping for the third time in... 


Antamina copper mine restarts after accident left employee dead
Antamina copper mine restarts after accident left employee dead
25th April 2025 By: Reuters

Peru's sprawling Antamina copper mine is slowly restarting operations, a source close to the company said on Thursday, after an accident earlier this week left an employee dead and another... 


Vale's net profit drops 17% on lower iron ore prices
Vale's net profit drops 17% on lower iron ore prices
25th April 2025 By: Reuters

Brazilian miner Vale reported a 17% decline in its first-quarter net profit on Thursday, hit by lower iron ore prices despite improved costs. Vale, one of the world's largest iron ore producers,... 


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