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Kimberley Process chair Ahmed Bin Sulayem
More than 1.06bn carats of diamonds were traded through Dubai over the past five years
19th May 2025 By: Darren Parker

Kimberley Process (KP) chair Ahmed Bin Sulayem of the United Arab Emirates (UAE) has revealed that more than 1.06-billion carats of combined rough and polished diamonds were traded through Dubai in... 


Kodal cites positive relationship with Mali govt as it awaits export permit
19th May 2025 By: Darren Parker

Mineral exploration and development company Kodal Minerals has criticised recent media reports for inaccurately suggesting that exports of spodumene concentrate from its flagship Bougouni lithium... 


An image of a polished precious metal
LBMA fast-tracks refiner transparency
19th May 2025 By: Tasneem Bulbulia

Independent precious metals authority the London Bullion Market Association (LBMA) has advanced the implementation of its proposals requiring refiners to publicly disclose additional information... 


New Responsible Gold president Sakhila Mirza
Responsible Gold appoints new president
19th May 2025 By: Darren Parker

Blockchain-powered ecosystem for traceable and ethically sourced gold Responsible Gold has announced the appointment of Sakhila Mirza as its president. She will oversee the firm’s next phase of... 


Canyon shareholder to invest further $24.5m for bauxite project development
19th May 2025 By: Sabrina Jardim

ASX-listed Canyon Resources has received notice that a major shareholder Eagle Eye Asset Holdings (EEA) intends to exercise 350-million options, providing a $24.5-million investment in Canyon for... 


Tharisa mine
Tharisa warns of lower interim earnings
19th May 2025 By: Sabrina Jardim

South African- and London-listed Tharisa expects its basic earnings per share (EPS) for the six months ended March 31 to be between $0.02 and $0.03 a share. This is a decrease of 76.6% to 84.3%... 


An image showing the Longonjo mine
Main construction under way at Pensana’s Angola project
19th May 2025 By: Tasneem Bulbulia

London-listed Pensana announces that, following Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA)’s deployment of $25-million mine finance, main construction activities have begun on... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum jewellery, investment strong in China, platinum bar sales launched on TikTok
19th May 2025 By: Martin Creamer

A leading branded jewellery retailer in Beijing is including platinum investment bars in its offering amid platinum bar sales being launched on TikTok for the first time by a World Platinum... 


Lindian says Guinea projects unaffected by licence cancellations; Volt and Arrow in trading halt
Lindian says Guinea projects unaffected by licence cancellations; Volt and Arrow in trading halt
19th May 2025 By: Mariaan Webb

ASX-listed Lindian Resources on Monday confirmed that its bauxite assets in Guinea have not been impacted by the military government’s reported cancellation of 51 mining licences. The company said... 


Gold bars
Gold players keep faith despite trade truce-induced correction
19th May 2025 By: Reuters

Gold prices have fallen almost 10% from a record high just above $3 500/oz in April as a de-escalation in US-China trade tensions punctured momentum, but analysts are sticking with a bullish... 


An image showing Hydrox's DEFT test unit
Hydrox nearing commercialisation of hydrogen technology, opportunities abound for saving curtailed energy
19th May 2025 By: Tasneem Bulbulia

Hydrogen technology company Hydrox Holdings is progressing the development of its pioneer Divergent-Electrode-Flow-Through (DEFT) hydrogen technology, a membrane-less electrolyser, with the company... 


Bastion to launch A$160m takeover bid for Xanadu Mines
Bastion to launch A$160m takeover bid for Xanadu Mines
19th May 2025 By: Mariaan Webb

Dual-listed explorer Xanadu Mines on Monday announced a proposed takeover offer from Bastion Mining, a consortium comprising Singapore-based Boroo and Xanadu director Ganbayar Lkhagvasuren. The... 


UAE’s EGA to build US aluminum plant touted by Trump next year
UAE’s EGA to build US aluminum plant touted by Trump next year
19th May 2025 By: Bloomberg

Emirates Global Aluminium plans to start building a $4-billion plant in Oklahoma next year as Donald Trump pushes for massive investments from oil-rich Gulf states to avoid his tariffs. The plant... 


Future Batteries moves to full ownership of Miriam project
19th May 2025 By: Creamer Media Reporter

ASX-listed Future Battery Minerals (FBM) has moved to acquire 100% ownership of all mineral interests in the Miriam project, in the Western Australian Goldfields, from fellow-listed Corazon... 


Saskatchewan gives green light to Prairie lithium project
Saskatchewan gives green light to Prairie lithium project
19th May 2025 By: Mariaan Webb

ASX-listed Arizona Lithium on Monday announced that it had received approval for Phase 1 of its Prairie lithium project in Canada, stating that it was the first lithium brine project in... 


New Hope trims 2025 guidance on New Acland rail constraints
New Hope trims 2025 guidance on New Acland rail constraints
19th May 2025 By: Mariaan Webb

Coal miner New Hope has lowered its 2025 financial year guidance, citing ongoing rail capacity and performance issues affecting its New Acland mine, in Queensland. The ASX-listed miner, which also... 


Lithium extraction
Scaled royalty terms bolster Anson's Utah lithium prospects
19th May 2025 By: Mariaan Webb

Australia-listed Anson Resources has received approval for a modified royalty structure on its lithium lease in Utah, which will reduce costs at lower prices and improve project economics for its... 


Star Diamond to raise C$4.8m from Spirit Resources for Fort à la Corne project
Star Diamond to raise C$4.8m from Spirit Resources for Fort à la Corne project
19th May 2025 By: Creamer Media Reporter

Exploration and development company Star Diamond will raise up to C$4.8-million from Luxembourg-based Spirit Resources as the company seeks to advance its Fort à la Corne diamond project in... 


Malcolm Bundey
Mineral Resources names next chairperson
19th May 2025 By: Reuters

Australia's Mineral Resources on Monday named outsider Malcolm Bundey as non-executive chair, replacing James McClements after a decade in the role and sending shares of the lithium miner down 9%... 


Gold Fields awards A$500m Agnew contract extension to Perenti
Gold Fields awards A$500m Agnew contract extension to Perenti
19th May 2025 By: Creamer Media Reporter

Mining services group Perenti has announced a contract extension worth about A$500-million to continue providing underground mining services at JSE- and NYSE-listed Gold Fields’ Agnew gold mine in... 


daimonds
World Diamond Council applauds breakthrough on broader conflict diamond definition
16th May 2025 By: Darren Parker

The World Diamond Council (WDC) has praised the progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after what it said was “a successful week of open and... 


Australia’s richest woman doubles US stocks bet to $2.5bn
16th May 2025 By: Bloomberg

Billionaire mining magnate Gina Rinehart poured hundreds of millions of dollars into broad market-tracking funds during the first three months of the year, boosting holdings of US equities as... 


iron-ore
BMI expects iron-ore price to decline steadily over the next decade
16th May 2025 By: Marleny Arnoldi

Research agency BMI maintains that the iron-ore price will average $100/t this year, with expected subdued demand and weighed down prices as a result. Although iron-ore will remain supported by... 


Guinea repossess 51 mining licences, information minister says
16th May 2025 By: Reuters

Guinea's military government has taken back 51 mining licences as it steps up efforts to repossess claims or concessions where operations have either not been launched or where it says permits are... 


Transnet Train
Transnet is running out of cash, Moody’s warns
16th May 2025 By: Bloomberg

South Africa’s State-owned transport and logistics company, Transnet, will run out of money for operations and debt-servicing within three months unless it gets a government bailout, according to... 


Mogalakwena platinum mine.
Mining is key to strengthening domestic economy plus uplifting geopolitical status
16th May 2025 By: Martin Creamer

Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption.... 


Kaiser completes Henty deal
16th May 2025 By: Creamer Media Reporter

ASX-listed Kaiser Reef has completed its acquisition of the Henty gold mine in Tasmania from Catalyst Metals. The A$31.6-million acquisition includes the high-grade Henty underground operation and... 


Antofagasta wins enviro approval to extend Zaldivar mine life
Antofagasta wins enviro approval to extend Zaldivar mine life
16th May 2025 By: Mariaan Webb

London-listed Antofagasta has secured environmental approval in Chile to extend the life of its Zaldívar copper mine through 2051 and advance a planned transition to a new water supply. The... 


Canada could unlock C$1.1tr GDP boost by fast-tracking resource projects, think-tank says
Canada could unlock C$1.1tr GDP boost by fast-tracking resource projects, think-tank says
16th May 2025 By: Creamer Media Reporter

Canada could add as much as C$1.1-trillion to its economy by 2035 if it accelerates investment decisions on more than 500 energy, mining and infrastructure projects, according to a new report by... 


Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
Fresnillo sells majority of MAG Silver stake as Pan American merger proceeds
16th May 2025 By: Mariaan Webb

London-listed Fresnillo has offloaded the majority of its stake in MAG Silver following Pan American Silver’s agreement to acquire the Canadian miner, saying the resulting dilution of its... 


An image of Neo Energy's Sean Heathcote
Neo Energy makes CEO, board changes as it advances South African uranium goals
16th May 2025 By: Tasneem Bulbulia

Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with... 


Green hydrogen, trade with US, cable theft make headlines
Green hydrogen, trade with US, cable theft make headlines
16th May 2025

Mining Weekly Editor Martin Creamer discusses the major green hydrogen advances being reported in China, but also California; Menar's warning that the US and South Africa face adversity if trade... 


Chinese gold miner Chifeng scours globe for takeover targets
Chinese gold miner Chifeng scours globe for takeover targets
16th May 2025 By: Bloomberg

A major Chinese gold producer is scouting for acquisition opportunities around the world, although the recent price volatility driven by global trade turmoil means it’s not rushing to secure... 


Troilus secures $35m loan to advance predevelopment activiites
Troilus secures $35m loan to advance predevelopment activiites
16th May 2025 By: Creamer Media Reporter

Toronto-listed Troilus Gold has announced a $35-million loan with precious metals merchant Auramet to support its near-term development activities at its namesake mine in Quebec. Proceeds of the... 


Hastings, Wyloo ink Yangibana JV deal
Hastings, Wyloo ink Yangibana JV deal
16th May 2025 By: Mariaan Webb

ASX-listed Hastings Technology Metals has announced a binding agreement with Wyloo Consolidated Investments to form a joint venture (JV) over the Yangibana rare earths and niobium project, giving... 


The underused Plutonic processing plant
Catalyst’s third Plutonic Belt mine ready for development
16th May 2025 By: Creamer Media Reporter

All regulatory approvals are in hand for Catalyst Metals to begin mining at the Trident gold deposit, about 30 km from the Plutonic processing plant, in Western Australia. This follows final... 


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