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Magazine round up | 22 August 2025
Magazine round up | 22 August 2025
22nd August 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


Australian Vanadium signs amended grant agreement
21st August 2025 By: Creamer Media Reporter

ASX-listed Australian Vanadium (AVL) said on Thursday it had signed a variation to its A$49-million Modern Manufacturing Initiative grant agreement with the Australian government, aligning the... 


Glencore's chrome smelter in Lydenburg
NUM concerned about potential retrenchments at ten ferroalloy operations
21st August 2025 By: Marleny Arnoldi

The National Union of Mineworkers (NUM) is concerned about potential retrenchments having been announced by diversified miner Glencore and Samancor at their South African ferrochrome operations.... 


Exxaro CEO Ben Magara.
Exxaro spending R5.2bn on coal mine expansion, R4.7bn on wind farm project
21st August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed Exxaro Resources will be spending R5.2-billion on a life-of-mine expansion project at its Matla colliery and R4.7-billion on the development of the 140 MW... 


ADB to provide $410m package for Barrick-run Pakistan mine, sources say
ADB to provide $410m package for Barrick-run Pakistan mine, sources say
21st August 2025 By: Reuters

he Asian Development Bank will provide a $410-million financing package to help develop Pakistan's Reko Diq copper mine, one of the world’s largest untapped deposits, which will be operated by... 


Ausgold to buy land key to development of KGP project
21st August 2025 By: Mariaan Webb

ASX-listed Ausgold has taken a big step toward advancing its 100%-owned Katanning gold project (KGP) after signing a binding agreement to acquire a substantial freehold land position critical to... 


West Wits CEO Rudi Deysel
South Africa set to open first underground gold mine in 15 years
21st August 2025 By: Bloomberg

South Africa is set to open its first new underground gold mine in 15 years – an increasingly rare event for a country that was once the world’s largest producer of the precious metal. West Wits... 


Diamond traceability
De Beers highlights environment, social, traceability milestones in latest sustainability report
21st August 2025 By: Marleny Arnoldi

Diamond mining major De Beers says it has made meaningful progress in areas such as emission reduction, safety and conservation, while advancing work on diamond provenance and traceability. In its... 


An image of PAM CEO George Roach
Premier to raise £1.38 m to fund Zimbabwe project
21st August 2025 By: Tasneem Bulbulia

London-listed Premier African Minerals has announced a subscription to raise £1.38-million, before expenses, for its Zulu lithium and tantalum project, in Zimbabwe. The company’s principal priority... 


An image of the Uis mine
Andrada completes construction of jig plant at Uis mine
21st August 2025 By: Tasneem Bulbulia

London-listed Andrada Mining has completed construction of the second processing, or jig, plant at its flagship Uis mine, in Namibia, on time and within budget. Commissioning of the jig plant will... 


Excellon secures $7.5m Glencore financing to restart Peru silver mine
21st August 2025 By: Creamer Media Reporter

TSX-V-listed Excellon has announced a financing and offtake agreement with Glencore to support the restart of its past-producing Mallay silver mine in Peru. The deal provides for up to $7.5-million... 


Perseus' Yaouré mine, in Côte d'Ivoire
Perseus reaches accord with Tanzania govt on how to operate the Nyanzaga mine
21st August 2025 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has concluded a formal signing ceremony at the Nyanzaga gold project, in Tanzania, which involved the execution of critical mission agreements between the... 


Blue Moon lands $140m package for Norway copper mine
Blue Moon lands $140m package for Norway copper mine
21st August 2025 By: Creamer Media Reporter

TSX-V-listed Blue Moon Metals has lined up as much as $140-million in funding from Hartree Partners and Oaktree Capital Management to advance its flagship Nussir copper project in Norway. The... 


Ascot reports class action filing
Ascot reports class action filing
21st August 2025 By: Mariaan Webb

Canadian miner Ascot Resources has vowed to defend itself against a newly filed lawsuit in Ontario, which alleges misrepresentation in the company’s public disclosure relating to its Premier gold... 


The Super Pit mine forms part of Northern Star's KCGM operations.
Northern Star posts record dividend after cash surge
21st August 2025 By: Mariaan Webb

Australian gold miner Northern Star Resources on Thursday reported a record dividend on the back of surging cash flow and a stronger balance sheet, as the company pushes ahead with major growth... 


The Torrens Island power station
Investments keep Australia's grid reliability on track despite coal closures - AEMO
21st August 2025 By: Creamer Media Reporter

Australia’s electricity grid is on track to meet reliability standards over the next decade, although the timely delivery of generation, storage and transmission projects will be crucial as coal... 


SQM expects lithium price boost in third quarter
SQM expects lithium price boost in third quarter
21st August 2025 By: Reuters

Chilean lithium producer SQM expects prices and sales volumes to rise in the third quarter, executives said on Wednesday, after the miner missed estimates for second-quarter net profit. The... 


The July 31 accident killed six people near a new section of El Teniente's vast network of underground tunnels.
Codelco to lower 2025 copper target after El Teniente accident
21st August 2025 By: Reuters

Chilean copper miner Codelco will lower its 2025 production guidance after an accident at its flagship El Teniente mine knocked 33 000 metric tons off the facility's output, executives said on... 


Whitehaven Coal posts annual profit slump, signals bigger payouts to shareholders
Whitehaven Coal posts annual profit slump, signals bigger payouts to shareholders
21st August 2025 By: Reuters

Australia's Whitehaven Coal reported a steep decline in its annual profit on Thursday and said it will allocate more capital for shareholder returns while reducing its provision for the Narrabri... 


Regis denies talks over Tropicana buyout
Regis denies talks over Tropicana buyout
20th August 2025 By: Mariaan Webb

Perth-based gold miner Regis Resources has dismissed speculation over a possible acquisition of its joint venture (JV) partner AngloGold Ashanti’s 70% stake in the Tropicana gold mine, saying it is... 


DRDGOLD COO Jaco Schoeman.
DRDGOLD investing R7.8bn in Big Five growth projects as part of Vision 2028
20th August 2025 By: Martin Creamer

Johannesburg- and New York-listed DRDGOLD on Wednesday outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on... 


Mogalakwena mine
Lycopodium posts healthy full-year net profit from strong portfolio of projects
20th August 2025 By: Marleny Arnoldi

ASX-listed integrated engineering, construction and asset management company Lycopodium has delivered earnings before interest, taxes, depreciation and amortisation of $68.7-million for the year... 


Image of Seriti Resources CEO Mike Teke
Seriti Resources, Nafasi Water to deliver water treatment solutions at Arnot Closed Colliery
20th August 2025 By: Natasha Odendaal

Seriti Resources and Nafasi Water Technologies have launched a project to finance, build and operate a water treatment project at the Arnot Closed Colliery near Middelburg, Mpumalanga. The project,... 


FutureCoal chairperson Mike Teke
Sustainable use of coal important for energy transition – FutureCoal
20th August 2025 By: Sabrina Jardim

Despite a global shift away from coal towards renewable energy, coal remains essential for energy generation, particularly in countries such as South Africa, where it still plays a significant role... 


Resources Watch
Resources Watch
20th August 2025

This week: Human-centric approach to AI applied in mining and, Stronger manganese demand predicted despite challenges 


Kasiya test pit rehabilitation trials deliver exceptional first-year results
20th August 2025 By: Sabrina Jardim

ASX-listed Sovereign Metals has announced “exceptional” first-year results from its rehabilitation trials at the Kasiya rutile/graphite project, in Malawi, delivering critical data that will inform... 


Namibian flag
Wia Gold to raise A$30m for Namibia project DFS
20th August 2025 By: Marleny Arnoldi

ASX-listed Wia Gold has received binding commitments to raise A$30-million from the issue of 100-million new shares at a price of $0.30 apiece to existing, sophisticated and institutional... 


An image of the Longonjo rare earths mine site
Pensana notes positive market developments as NdPr prices rise
20th August 2025 By: Tasneem Bulbulia

Rare earth prices have risen strongly following the US government’s agreement with MP Materials setting a price of $110 000/t of neodymium and praseodymium (NdPr) and the Chinese government banning... 


Premier African Minerals CEO George Roach
Premier African Minerals achieves saleable concentrate output, optimisation now underway
20th August 2025 By: Marleny Arnoldi

London-listed Premier African Minerals has completed a second phase test run of the primary flotation plant at its Zulu lithium and tantalum project, in Zimbabwe. The company confirms that the... 


Lobito Atlantic Railway branded wagons
Trafigura-led Lobito Atlantic Railway aims to finalise US loan deal by end-2025
20th August 2025 By: Reuters

Lobito Atlantic Railway (LAR) aims to finalise by the end of this year a $533-million loan deal with the US International Development Finance Corporation (DFC) that is vital for the upgrade of its... 


An image of Zambia President Hakainde Hichilema at Kansanshi Mining
FQM commissions S3 Expansion project in which it invested $1.25bn
20th August 2025 By: Tasneem Bulbulia

Zambian President Hakainde Hichilema has officiated the commissioning of the S3 Expansion project at First Quantum Minerals’ (FQM’s) subsidiary, Kansanshi Mining, following a $1.25-billion... 


Moma mine, in Mozambique
Kenmare declares $0.10 interim dividend despite lower profit
20th August 2025 By: Marleny Arnoldi

London-listed titanium and zircon producer Kenmare Resources has declared an interim dividend of $0.10 apiece for the six months ended June 30. The board has recommended the interim dividend and... 


Exxaro executive head of coal Caroline Shirindza
Exxaro takes steps to create ‘fit for the future’ management structure
20th August 2025 By: Sabrina Jardim

JSE-listed Exxaro Resources has announced changes to its group management structure to reposition itself as an organisation that is “fit for the future” and incorporates its growing diversified... 


DRDGOLD's Ergo plant.
DRDGOLD doubles final dividend on high revenue and operating profit
20th August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an... 


Viridis unveils 200Mt ore reserve at Colossus rare earths project in Brazil
20th August 2025 By: Creamer Media Reporter

ASX-listed Viridis Mining and Minerals has defined a 200.6-million-ton maiden ore reserve at its Colossus project in Brazil, a figure the company says underpins a potential 40-year mine life and... 


China's rare earth magnet exports hit six-month high in July
20th August 2025 By: Reuters

China's exports of rare earth magnets recovered to hit a six-month high in July, showing trade flows of the critical minerals key to electric vehicles have returned to levels seen before Beijing... 


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Magazine round up | 05 September 2025
Magazine round up | 05 September 2025
5th September 2025

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pqt: 2.981s - ct: 3.202s - 408pq - 2rq
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