Receive our free daily newsletter:
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
Goldman increases 2025 gold forecast
Goldman Sachs Group ramped up its gold price forecast to $3 300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded funds....
Trump may implement copper import tariffs within weeks
US tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter. US President Donald Trump in...
Glencore halts Chilean smelter in setback for US copper rush
Glencore has suspended shipments from a copper smelter in Chile after an issue affecting the plant’s furnace, a setback that comes just as traders and producers race to ship more metal to the US...
Glencore mine spews more methane than it reports, study finds
Glencore’s Hail Creek coal mine in Australia emits between three and eight times more methane than it reports, according to a new study, calling into question the accuracy of conventional...
Iron-ore fluctuates as Fortescue’s Forrest stays upbeat on China
Iron-ore swung between gains and losses on market uncertainty around steel output cuts and as industry stalwart Andrew Forrest expressed hope that China is serious about supporting its economy....
Anglo starts talks with banks on possible De Beers IPO
Anglo American has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar with the matter, as the company looks to move ahead with the final and most...
South African economic growth could triple this year, Absa says
South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a cooling of relations with the US may dim the...
Boom in uranium stocks fizzles as Ukraine ceasefire talks build
Once-booming uranium stocks have been veering toward bust mode to start 2025. Escalating trade tensions between the US and Canada, one of the world’s key producers of the nuclear fuel, are playing...
South African consumer mood slumps on tax hike, fraying US ties
South African consumer confidence plunged to the lowest level in almost two years, as worries about higher taxes and the country’s deteriorating relations with the US weighed on sentiment. A...
Congo may extend cobalt export suspension, President says
The Democratic Republic of Congo may extend a suspension of cobalt exports beyond a planned four-month period as it considers ways to maintain higher prices for the electric-vehicle battery...
Botswana considering new 615 MW coal-fired power plant
Botswana is contemplating building a new 615 MW coal-fired power station near its main generation plant to mitigate generation challenges at the facility. The 600 MW, coal-fired Morupule B power...
Bullion explorer makes MAGA pitch with new name: Made in America Gold
A Canadian investment firm changed the name of its US-focused subsidiary to Made in America Gold from NV King Goldlands. The switch comes as US President Donald Trump is encouraging firms to...
Glencore-backed alumina producer declines in Hong Kong debut
Nanshan Aluminum International Holdings, a company backed by Glencore, declined in its Hong Kong trading debut, with sentiment for the top alumina producer in Southeast Asia impacted by falling...
Zijin Mining profit surges 52% on copper, gold prices
Zijin Mining Group, China’s biggest metals producer, saw profit surge 52% last year on higher output, and rising prices of copper and gold. Net income rose to 32.1-billion yuan ($4.4-billion), the...
South Africa adds 800 MW capacity unit to national grid
South Africa’s state electricity utility added an 800 MW unit at the Kusile Power Station to the national grid, amid ongoing efforts to boost generation and bring an end to scheduled outages. The...
KoBold makes offer for Congo Lithium as country courts US
KoBold Metals, backed by billionaires Bill Gates and Jeff Bezos, has told the government of the Democratic Republic of Congo it wants to develop one of the world’s biggest hard rock lithium...
HudBay sees Saudi, UAE and Japanese interest in US copper stake
HudBay Minerals’ top executive says he’s speaking with investors in the Middle East and Japan who are interested in bidding for a stake in the company’s proposed US copper project. The company...
A critical metal jumps 500% after Xi replies to Trump tariffs
Bismuth — a niche metal used in industries from paints to defense — has rallied spectacularly since early February, when Beijing triggered export curbs in response to US President Donald Trump’s...
South African central bank keeps key rate steady
South Africa's central bank kept its main lending rate steady at 7.50% on Thursday, saying that a cautious policy approach was needed given global and domestic uncertainties. The decision was in...
Trump’s love for coal is crashing into market’s economic reality
The US coal industry is once again enjoying support from the White House. Yet that’s unlikely to quell the economic challenges that underpin a long-term decline for the dirtiest fossil fuel. Just...
China to invest $1.4bn to upgrade Tanzana-Zambia rail line
China Civil Engineering Construction Corp (CCECC) will invest more than $1.4-billion to revitalize a Mao-era railway line connecting copper mines in Zambia to Tanzania’s biggest port. Negotiations...
US stalls $2.6bn climate finance package for South Africa
The US is stalling the distribution of $2.6-billion in climate finance to South Africa, stoking concerns the money might be blocked outright, people familiar with the situation said. At a meeting...
Saudi Arabia awards exploration leases to some major miners
Major mining companies including India’s Vedanta and China’s Zijin Mining Group have been awarded leases to explore for metals in Saudi Arabia, part of the kingdom’s push to expand the industry....
South Africa set to alter course on rates until ‘dust settles’: Day Guide
The South African Reserve Bank (SARB) is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged while it assesses the impact that US President Donald...
South Africa, facing mill closures, begins steel tariff review
South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local manufacturing industry, has begun a review of import tariffs on the metals and is...
Copper climbs above $10 000/t as US buyers ramp up imports
Copper rose above $10 000/t on the London Metal Exchange for the first time since October, as buyers in the US race to import supplies of the key industrial meal ahead of potential tariffs. Prices...
Australia’s Dutton says Trump meeting will be first if elected
Australia’s opposition leader said he will make his first foreign visit to the US to meet with President Donald Trump if he wins the forthcoming election, arguing the longstanding allies must...
Poilievre pledges money, fast approvals for Canada’s Ring of Fire mining region
The head of Canada’s Conservative Party says a government led by him would aim to approve all federal permits for Ontario’s Ring of Fire minerals region within six months to speed the harvesting of...
Deep-sea miners are set to dig for critical minerals, even if rules aren't done
As companies seek to extract critical minerals used in electric vehicle batteries and other green technologies from the deep sea, a showdown is under way over when and whether to allow mining of...
Codelco eyes Friedland’s Pulsed power to boost Chilean mine efficiencies
Codelco, the world’s biggest copper producer, is considering adopting technology being developed by Robert Friedland’s I-Pulse that uses electricity to shatter rocks. Maximo Pacheco, Codelco’s...
Tariff risk unleashes record copper shipments bound for US ports
The US is about to be flooded with a massive wave of copper as a worldwide dash to front-run potential tariffs by US President Donald Trump comes to a head. Between 100 000 and 150 000 metric tons...
Congo considers asking Indonesia to help rein in cobalt supply
A Congolese ministerial committee recommended measures to bolster a temporary ban on cobalt exports, including working with Indonesia, the No. 2 supplier of the battery metal. The Democratic...
Top Calibre investor opposes Equinox’s $1.8bn takeover
Calibre Mining’s top shareholder has come out against Equinox Gold's $1.8-billion bid for the gold miner, casting uncertainty on the biggest bullion deal so far this year. The combination of the...
AMSA, govt near funding deal for stricken mills
South Africa is nearing a deal to provide funding to ArcelorMittal South Africa (AMSA) and keep the steel mills open, which are crucial for the nation’s economy, people with knowledge of the matter...
Global silver market under strain as tariffs trigger dislocation
The global silver market is under stress as trade-war concerns unsettle investors, with key indicators flashing red, millions of ounces on the move between trading hubs and months of disruption in...
Trump metals tariffs are self-sabotage, Australia Treasurer says
US tariffs on steel and aluminum are “self-defeating” and Australia merits better treatment, Treasurer Jim Chalmers said, adding the overall economic impact of President Donald Trump’s levies to...
South Africa’s biggest political parties seek Budget compromise by April
South Africa’s two biggest political parties are holding a series of talks to resolve an impasse over the national budget that poses the biggest threat yet to the stability of the country’s ruling...
Southern Copper says 20 injured in attack at Peru mining project
A group of informal miners attacked facilities at an exploration project in southern Peru, injuring 20 workers and security guards, an official at concessionaire Southern Copper Corp said Monday....
Coronation takes new look at platinum stocks as EV sales slow
The slowdown in sales of electric vehicles worldwide has prompted Coronation Fund Managers Ltd. to take a fresh look at South African producers of precious metals used in traditional gasoline...
Glencore overhauls embattled Canadian smelters as margins plunge
Glencore is doubling down on a cost-cutting drive at its Canadian copper and zinc plants following job cuts last year, in a further overhaul of its global smelting business following a collapse in...
Trump’s trade salvos test nerves of central bankers
An anxious sense of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how President Donald Trump’s trade policies are impacting the world...
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...
VISIT SHOWROOMLeading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOMFlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOMTractor & Grader Supplies (TGS™): Your Trusted, Genuine Source for New Replacement Parts for Earthmoving, Construction and Mining Machinery
VISIT SHOWROOMPress Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation