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Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
Mali hearing on Barrick's Loulo-Gounkoto mines postponed to May 22
16th May 2025 By: Reuters

A Malian court hearing scheduled for Thursday on whether to put Barrick Mining's Loulo-Gounkoto mining complex under provisional administration has been postponed to May 22, the president of the... 


Rio Tinto to spend $1.2bn to modernise 1926-era Quebec hydropower plant
Rio Tinto to spend $1.2bn to modernise 1926-era Quebec hydropower plant
16th May 2025 By: Creamer Media Reporter

Diversified mining company Rio Tinto is investing $1.2-billion, or C$1.7-billion, to modernise its Isle-Maligne hydroelectric power plant in Alma, Quebec, marking the mining giant’s largest... 


Lynas begins first heavy rare earth output outside China
Lynas begins first heavy rare earth output outside China
16th May 2025 By: Mariaan Webb

Australia's Lynas Rare Earths has achieved first production of dysprosium oxide at its Malaysian plant, making it the only commercial producer of separated heavy rare earths outside China. The... 




A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 16 May 2025
16th May 2025

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


Guinea revokes 46 mining licences, signalling stricter oversight of major operators
15th May 2025 By: Reuters

Guinea has revoked the licences of 46 mining companies operating in the country, a government source told Reuters on Thursday, in what some analysts see as a warning shot to larger operators in the... 


Kodal says Mali lithium exports blocked due to permit delays
15th May 2025 By: Reuters

Regulatory hurdles in Mali have left British miner Kodal Minerals unable to export more than 20,000 metric tons of lithium concentrate, its chief executive Bernard Aylward told Reuters. Kodal's... 


Syrah targets Balama graphite restart by end of June quarter
15th May 2025 By: Creamer Media Reporter

ASX-listed Syrah Resources is aiming to resume natural graphite production at its Balama operation in Mozambique before the end of the June 2025 quarter, following the restoration of site access... 


black sugar cane farmer woman
Rio Tinto to support development of 200 farmers in KwaZulu-Natal
15th May 2025 By: Darren Parker

Mining major Rio Tinto has entered into a two-year partnership with the Lima rural development foundation to improve the livelihoods of 200 farmers across ten traditional authority areas in... 


Northern Star hikes mineral resources, highlights exploration success
Northern Star hikes mineral resources, highlights exploration success
15th May 2025 By: Creamer Media Reporter

ASX-listed Northern Star Resources has reported a 9.4-million-ounce increase in its group mineral resources to 70.7-million ounces and a 1.4-million-ounce rise in ore reserves to 22.3-million... 


Eastplats Crocodile River mine underground
Eastplats records wider attributable loss as it develops underground operations
15th May 2025 By: Marleny Arnoldi

TSX-listed Eastern Platinum (Eastplats) has reported a 5.7% decrease in revenue to $14.8-million in the first quarter of the year, compared with revenue of $15.7-million having been reported in the... 


rare eaths
Pensana draws down first equity tranche funding from Angolan fund for Longonjo construction
15th May 2025 By: Marleny Arnoldi

After securing full financing of the Longonjo rare earths project, in Angola, London-listed Pensana has agreed the terms and timing for the deployment of the first $25-million equity tranche from... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


A train transporting iron-ore
South Africa's March mining production down 2.8% y/y on the back of lower PGMs, gold output
15th May 2025 By: Creamer Media Reporter

South Africa's mining production decreased by 2.8% year-on-year in March, with platinum group metals (PGMs) and gold having been the largest negative contributors and iron-ore the largest positive... 


Rio Tinto CEO Jakob Stausholm
Lithium Triangle ‘right place’ for world to source lithium – Rio Tinto CEO
15th May 2025 By: Mariaan Webb

Diversified miner Rio Tinto is betting on the Lithium Triangle of South America to play a central role in meeting the world’s rising lithium demand, with CEO Jakob Stausholm describing the region... 


Afrimat CEO Andries van Heerden
Afrimat reports lower operating profit but expects improvement going forward
15th May 2025 By: Darren Parker

Midtier mining and materials company Afrimat has reported a significant decline in operating profit for the 12 months ended February 28. Group revenue increased by 36.7% from R6.1-billion in the... 


China’s glut of coal locks market in vicious cycle of decline
China’s glut of coal locks market in vicious cycle of decline
15th May 2025 By: Bloomberg

Chinese coal prices remain locked in a downward spiral due to a persistent glut of the fuel, according to the country’s top industry group. The optimism that’s taken hold in the wake of China’s... 


100 MW Chisamba solar PV project in Zambia reaches financial close
15th May 2025 By: Schalk Burger

The grid-connected 100 MW Chisamba solar PV project, in Zambia, has secured $71.5-million from financial services firm Stanbic Bank Zambia, with financing anchored by a 13-year power purchase... 


Resources Watch
Resources Watch
15th May 2025

This week: Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz; Eskom aims to smooth maintenance profile after difficult summer; and the good gold price is providing much... 


A palladium bar
Palladium market seen moving to balance after years of deficit, says Johnson Matthey
15th May 2025 By: Reuters

The palladium market, which was in a deficit in 2012-2024, will move into balance this year, with demand falling by 6% amid lower production of gasoline vehicles and increased recycling in China,... 


Copper smelting
JP Morgan forecasts rise in copper, aluminium prices in second half of year
15th May 2025 By: Reuters

JP Morgan forecasts rise in copper, aluminium prices in second half of year JP Morgan projected on Wednesday that copper prices will average $9 225 a metric ton in the second half of this year and... 


Cobalt processing in the DRC
China has ample cobalt despite Congo ban, conference delegates say
15th May 2025 By: Reuters

Chinese cobalt smelters have ample supplies of the battery-making material despite the export ban imposed by the world's top producer, the Democratic Republic of Congo, in late February, delegates... 


Foran announces C$350m financing, provides project update
Foran announces C$350m financing, provides project update
15th May 2025 By: Mariaan Webb

TSX-listed Foran Mining has announced a C$350-million non-brokered private placement to fund construction of its McIlvenna Bay project, in Saskatchewan, and advance exploration in the surrounding... 


Rare earth oxides produced by MP Materials.
Ma’aden, MP Materials partner to build rare earth supply chain in Saudi Arabia
15th May 2025 By: Creamer Media Reporter

Saudi Arabian Mining Company (Ma’aden) has signed an agreement with US-based rare earth producer MP Materials to explore the development of a fully integrated, end-to-end rare earth supply chain in... 


Barrick's Loulo operation in Mali
Judge to hear Mali's request to reopen Barrick mine under new management, official says
15th May 2025 By: Reuters

A court in Mali will hold a hearing on Thursday to consider a request made by Mali's military government to reopen Canadian miner Barrick's Loulo-Gounkoto gold mine under a provisional... 


Aerial view of Ngualla Hill
Shenghe moves to acquire Peak Rare Earths in A$158m deal
15th May 2025 By: Mariaan Webb

ASX-listed Peak Rare Earths on Wednesday announced a binding scheme implementation deed with Ganzhou Chenguang Rare Earths New Material, a wholly-owned subsidiary of Chinese rare earths major... 


The spinout will enable Delta to continue focusing on its lithium assets.
Delta Lithium unveils details of gold spin-out
15th May 2025 By: Mariaan Webb

Western Australian exploration and development company Delta Lithium has confirmed it will proceed with the demerger and initial public offering (IPO) of its Mt Ida gold assets through the creation... 


Timothy Hodgson
‘Bulldog’ ex-Goldman banker answers Carney’s call to fix Canada resources sector
15th May 2025 By: Bloomberg

The first time Timothy Hodgson was asked by Mark Carney to come to Ottawa, he left behind an investment banking career at Goldman Sachs Group that had seen him climb the ranks to lead its Canadian... 


Tivan makes changes to its leadership team
14th May 2025 By: Creamer Media Reporter

ASX-listed Tivan has announced the formation of a new leadership team comprising six senior managers, in a move aimed at strengthening the company’s operational capabilities and supporting its... 


Platinum cathode needed in PEM fuel cells.
Platinum uplift likely as particularly China, California gear for green hydrogen mobility
14th May 2025 By: Martin Creamer

While South Africa’s latest green hydrogen development is a request for information (RFI) involving the East London Industrial Development Zone becoming the site for a greenfield green hydrogen... 


Lindian makes funding progress for Kangankunde rare earths project
14th May 2025 By: Creamer Media Reporter

Development of Lindian Resources’ flagship Kangankunde rare earths project in Malawi is picking up pace, with early site works progressing ahead of schedule and a range of funding proposals now... 


Kamoa-Kakula Copper Complex and surrounds
Ivanhoe upgrades mineral resource estimate for the Makoko District next to Kamoa-Kakula
14th May 2025 By: Marleny Arnoldi

TSX-listed Ivanhoe Mines has published an independently verified updated mineral resource estimate (MRE) for the Makoko District, which is within Ivanhoe’s Western Forelands Exploration project, in... 


Mineworkers sitting lined up
TIPS launches Just Transition Labour Centre to research, voice the needs of the working class
14th May 2025 By: Marleny Arnoldi

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched a Just Transition Labour Centre to help develop the technical expertise required as a... 


bissie tin project
Alphamin reports production decline owing to DRC security concerns
14th May 2025 By: Darren Parker

JSE-listed Alphamin has reported an 18% quarter-on-quarter decline in high-grade tin concentrate production from the Bisie tin mine, in the Democratic Republic of the Congo (DRC), for the first... 


Heavy rainfall crimps Afarak’s South African output, but Türkiye ops fare better
14th May 2025 By: Darren Parker

LSE- and Nasdaq-listed Afarak Group has reported a 15.2% year-on-year increase in production for the first quarter of this year, despite production at its South African chrome operations having... 


BHP CEO Mike Henry
BHP CEO sees trade war risks but says miner’s commodity mix is resilient
14th May 2025 By: Mariaan Webb

Diversified miner BHP CEO Mike Henry said on Tuesday that the mining giant was well-positioned to weather a range of global trade outcomes, including an escalated trade war, as the company focused... 


Iron-ore bounces back to six-week high on trade-war truce hopes
14th May 2025 By: Bloomberg

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries. Futures of the steel-making ingredient reached a... 


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