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South America

AngloGold Ashanti CEO Alberto Calderon.
AngloGold cash up 607%, earnings up 671%, gold output up 22%, costs up only 1%
9th May 2025 By: Martin Creamer

In the first quarter (Q1) of this year, gold mining company AngloGold Ashanti has reported a sevenfold increase in free cash flow and an almost eightfold rise in profit attributable to equity... 


Glencore CEO Gary Nagle
Glencore improved on various sustainability metrics in 2024
9th May 2025 By: Marleny Arnoldi

Global diversified miner Glencore says various initiatives at its industrial assets are driving positive change in the communities where they operate. “Our diversified business model, underpinned... 


Hillside Aluminium in KwaZulu-Natal.
Hillside Aluminium contribution highlighted following power price agreement scrutiny
9th May 2025 By: Martin Creamer

The electricity pricing agreement for Hillside Aluminium in KwaZulu-Natal reflects the South African government’s policy to support strategic industries that create value for the nation, South32... 


Chrysos PhotonAssay unit
Chrysos to supply PhotonAssay units to various Newmont gold sites
9th May 2025 By: Marleny Arnoldi

ASX-listed technology company Chrysos Corporation has signed a master services agreement (MSA) with global diversified miner Newmont Corporation to provide PhotonAssay technology to Newmont’s gold... 


Sibanye-Stillwater's Kroondal mine
Sibanye-Stillwater reports positive earnings increases for the first quarter
9th May 2025 By: Marleny Arnoldi

Multinational mining and metals processing group Sibanye-Stillwater has reported an 89% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to... 


Challenger secures investment protection agreement for Ecuador project
9th May 2025 By: Creamer Media Reporter

ASX-listed Challenger Gold has signed an investment protection agreement with the Ecuadorian government for its flagship El Guayabo gold project, securing legal and fiscal stability as the company... 


BHP-backed SolGold turns to speedier mine plan to woo investors
BHP-backed SolGold turns to speedier mine plan to woo investors
9th May 2025 By: Bloomberg

SolGold, an Ecuador-focused firm backed by some of the biggest names in mining, is working on options to start production at its flagship project three or four years ahead of previous plans. The... 


The De Beers name on a building
De Beers to shut down its lab-grown diamond jewellery brand Lightbox
8th May 2025 By: Reuters

De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and... 


Barrick President and CEO Mark Bristow.
Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz
8th May 2025 By: Martin Creamer

The foundation of a real mining company lies in its reserve base, Barrick Mining highlighted during Wednesday’s quarterly results presentation when it displayed a slide that brought into sharp... 


LBMA CEO Ruth Crowell
Most LBMA refineries using gold database, the association says
8th May 2025 By: Reuters

Most gold refineries accredited by the London Bullion Market Association (LBMA) are now providing data to a digital platform launched in January to increase transparency in the industry, the... 


A dumper truck at the Gounkoto mine in Mali
Barrick CEO says he does not know where Mali is keeping miner's confiscated gold
8th May 2025 By: Reuters

Barrick Mining is spending $15-million a month to keep its Mali mine running and doesn't know where Mali's government is keeping the gold it confiscated from the Canadian company, CEO Mark Bristow... 


DHL Supply Chain Europe, Middle East Africa CEO Hendrik Venter.
Coordinated action needed to realise green hydrogen ambitions, DHL CEO highlights
8th May 2025 By: Martin Creamer

South Africa’s world-leading platinum group metals (PGM) endowment received a major boost last month when European Commission president Ursula von der Leyen referred specifically to clean energy... 


DRDGOLD's flagship Ergo plant on Johannesburg's East Rand.
Good gold price uplifts DRDGOLD revenue amid unprecedented wet weather setback
7th May 2025 By: Martin Creamer

In the three months to March 31 when gold sold in the quarter added up to 1 109 kg, the revenue of surface gold miner DRDGOLD increased on strong gold pricing, despite the impact of unprecedented... 


Barrick Mining CEO Mark Bristow
Barrick's earnings rise on higher gold price; strategic growth objectives on track
7th May 2025 By: Sabrina Jardim

TSX-listed Barrick Mining Corporation has reported a solid start to the financial year, with first-quarter earnings a share up 59% year-on-year, and says it is making significant headway on its... 


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... 


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