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DRDGOLD expects to report up to 70% increase in EPS, HEPS
6th February 2025 By: Sabrina Jardim

JSE-listed DRDGOLD says it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 109.2c and 116c for the six months ended December 31. That compares with the... 


Southern Palladium executive chairperson Roger Baxter
International investors showing interest in South African PGMs
6th February 2025 By: Rebecca Campbell

Southern Palladium executive chairperson Roger Baxter has reported that interest in investing in South African mining projects is re-emerging on North American bourses. He was talking to... 


Amplats CEO Craig Miller
Amplats warns of up to 46% decline in headline earnings for 2024
6th February 2025 By: Darren Parker

JSE-listed platinum group metals (PGM) producer Anglo American Platinum (Amplats) has warned that its headline earnings and headline earnings per share (HEPS) for the 12 months ended December 31... 


Busa says Expropriation Act safeguards sufficient to prevent arbitrary land grabs
6th February 2025 By: Schalk Burger

Business organisation Business Unity South Africa (Busa) CEO Khulekani Mathe says the Expropriation Act, in its present form, incorporates sufficient checks and balances to prevent the arbitrary... 


Skouries capital costs rise to over $1bn, timeline adjusted
Skouries capital costs rise to over $1bn, timeline adjusted
6th February 2025 By: Mariaan Webb

Canada’s Eldorado Gold on Wednesday announced a revised timeline and capital cost estimate for its Skouries copper/gold project in Greece, citing ongoing labour shortages as a key factor for the... 


Jubilee CEO Leon Coetzer.
Jubilee progressing plans to accelerate copper production in Zambia
6th February 2025 By: Sabrina Jardim

London- and Johannesburg-listed Jubilee Metals has reported progress on restarting its Roan operations, in Zambia, following stable power delivery, as well as the processing of new higher-grade... 


Anglo American CEO Duncan Wanblad
Anglo reports solid copper, iron-ore operational performance as portfolio simplification continues
6th February 2025 By: Creamer Media Reporter

Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024, as well as for the full-year, in line with the group's growing focus... 


President Donald Trump has signed an executive order declaring a national energy emergency.
Loyal Lithium seeks to capitalise on Trump’s energy emergency
6th February 2025 By: Mariaan Webb

ASX-listed Loyal Lithium has announced a strategic expansion of its North American battery minerals and technology portfolio, aiming to capitalise on the energy emergency declared by US President... 


The Mogalakwena mine
Amplats CEO sees investor interest ahead of spinoff
6th February 2025 By: Reuters

Anglo American Platinum (Amplats) is seeing a high level of investor interest in the business as it prepares to spin off as an independent entity from its parent Anglo American, Amplats CEO Craig... 


Syrah Resources hopes to resume production of Mozambique site in first quarter
6th February 2025 By: Reuters

Syrah Resources hopes to restart production at its Balama graphite project in Mozambique during the first quarter, which will ultimately lead to the lifting of force majeure, the Australian... 


Arizona Lithium advances Prairie project towards production
Arizona Lithium advances Prairie project towards production
6th February 2025 By: Mariaan Webb

ASX-listed Arizona Lithium has updated its phased development plan for the Prairie lithium project in Saskatchewan, Canada, announcing on Thursday that the project is advancing towards production... 


De Beers' Venetia mine
De Beers cuts its 2025 output guidance by 10Mct as trading conditions remain challenging
6th February 2025 By: Creamer Media Reporter

Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of... 


Woodside CEO criticises lengthy project approvals in Australia
Woodside CEO criticises lengthy project approvals in Australia
6th February 2025 By: Mariaan Webb

Oil and gas major Woodside Energy CEO Meg O’Neill has called for reforms to Australia’s project approval processes, arguing that lengthy delays are undermining investment and the country’s global... 


Rail network
Closing date for rail-slot bids extended to Feb 27 after updates are made to Network Statement
6th February 2025 By: Terence Creamer

The Transnet Rail Infrastructure Manager (TRIM) has announced an extension, from February 7 to February 27, to the closing date for slot applications under the recently published Network Statement,... 


South Africa must leverage its critical minerals resources to drive growth – Mintek CEO
5th February 2025 By: Schalk Burger

Mining research council Mintek CEO Dr Molefi Motuku has emphasised the need to leverage South Africa’s critical minerals resources, estimated to be worth more than $2.5-trillion, to drive economic... 


Menar MD Vuslat Bayoglu
Return of ferromanganese is this year’s focus, Menar emphasises at Mining Indaba
5th February 2025 By: Martin Creamer

Helping South Africa to return to being a producer of ferromanganese will be a major 2025 focus of mining company Menar, its MD Vuslat Bayoglu emphasised on Wednesday. In an interview on day-three... 


Ascot faces working capital shortage as Premier mill restart is delayed
Ascot faces working capital shortage as Premier mill restart is delayed
5th February 2025 By: Mariaan Webb

Vancouver-based Ascot Resources has announced a delay in the restart of milling operations at its Premier Gold Project (PGP) in British Columbia, citing slower-than-expected underground development... 


Anglo American CEO Duncan Wanblad
Anglo CEO says Mali mining developments cause for grave concern
5th February 2025 By: Bloomberg

The Malian government’s overhaul of its extraction industry risks deterring companies from investing in the nation that’s home to the world’s second-largest gold mine, according to Anglo American... 


Peter Secker appointed Canyon CEO
5th February 2025 By: Tasneem Bulbulia

ASX-listed Canyon Resources has appointed Peter Secker CEO, starting July 1, succeeding Jean Sebastien Boutet, who will be transitioning into a new role for Canyon as chief commercial and corporate... 


Trigg joins global antimony association, buys NSW project
5th February 2025 By: Mariaan Webb

Australia’s Trigg Minerals has joined the International Antimony Association (i2a) – a representative body working to ensure the responsible production, use and trade of antimony while supporting... 


Lithium Energy secures environmental nod for Solaroz development
5th February 2025 By: Mariaan Webb

ASX-listed Lithium Energy announced on Wednesday that it had secured the final environmental impact assessment (EIA) approvals for the next phase of exploration and evaluation activities at its... 


The Minerals Council's Hugo Pienaar, Mzila Mthenjane and Tebello Chabana
Developing a new mine in SA ‘simply not competitive or attractive’– Minerals Council CEO
5th February 2025 By: Irma Venter

When considering the development of new mines and the flurry of exploration in Africa and around the world, the South African mining sector is “simply not competitive or attractive”, says Minerals... 


Copper 360 CEO Shirley Hayes
Copper 360 completes first on-ore blast at Rietberg
5th February 2025 By: Sabrina Jardim

JSE-listed Copper 360 reports that it successfully executed the first on-ore blast at its Rietberg mine, in the Northern Cape, on January 31. The company says this marks the first such blast in 42... 


An image of gold jewellery
Gold demand reached a new high in 2024, World Gold Council reveals
5th February 2025 By: Tasneem Bulbulia

Total gold demand, including over-the-counter (OTC) investment, rose 1% year-on-year in the fourth quarter to reach a new quarterly high and contribute to a record yearly total of 4 974 t, industry... 


Global Uranium and Forum Energy begin exploration at Athabasca project
5th February 2025 By: Creamer Media Reporter

CSE-listed Global Uranium and TSX-V-listed Forum Energy Metals on Wednesday announced that they have started exploration at the Northwest Athabasca (NWA) project in Saskatchewan’s Athabasca basin,... 


First American Uranium grants Myriad uranium option on Red Basin project
5th February 2025 By: Creamer Media Reporter

CSE-listed First American Uranium has entered into an option agreement with fellow-listed Myriad Uranium for the Red Basin uranium/vanadium mineral claims in Catron county, New Mexico. Under the... 


Employees at a Barrick mine
Barrick Gold reaffirms its commitment to sustainability
5th February 2025 By: Rebecca Campbell

Global gold and copper miner Barrick Gold Corporation was committed to sustainability, highlighted the company’s group sustainability executive Grant Beringer. He was speaking at the annual Digby... 


An image showing the Doornkop mine
Five miners perish at Harmony Gold’s Doornkop, Joel mines
5th February 2025 By: Tasneem Bulbulia

JSE-listed Harmony Gold Mining Company has confirmed two separate loss-of-life incidents at its Doornkop and Joel mines, on February 4, which resulted in five mineworkers losing their lives. Two... 




The Marban deposit is adjacent to Agnico-Eagle's Canadian Malartic complex (pictured).
Agnico Eagle secures 96.5% stake in O3 Mining
5th February 2025 By: Creamer Media Reporter

Canadian miner Agnico Eagle Mines has moved closer to completing its acquisition of TSX-V-listed O3 Mining after securing 96.5% of the company’s outstanding shares through its takeover bid. Agnico... 


Gold holds near record high as trade war stokes haven demand
Gold holds near record high as trade war stokes haven demand
5th February 2025 By: Bloomberg

Gold held near a record high in Asian trading, after rising by almost 1% in the previous session, as the opening salvos of the US-China trade war stoked haven demand. Bullion reached an all-time... 


Mark Bristow
Barrick CEO says miner making progress in dispute with Mali
5th February 2025 By: Bloomberg

Barrick Gold CEO Mark Bristow said the company is “making progress” in its dispute with Mali’s military regime, but the advances haven’t come as fast as expected. The Canadian company last month... 


Sasol's head office in South Africa
Sasol seriously working on biofuel projects, especially for mining applications
5th February 2025 By: Rebecca Campbell

South African petrochemicals giant Sasol is actively examining second-generation biofuel feedstocks – that is, energy crops – assured the group’s Sustainable Carbon Solutions Head, Ken Sarman, on... 


Chinese firms control around 75% of Indonesian nickel capacity, report finds
5th February 2025 By: Reuters

Chinese firms control about 75% of Indonesia's nickel refining capacity, raising concern over supply chain control and environmental risks, Washington-based global security nonprofit C4ADS has said... 


FMG closer to securing Red Hawk as offer nears unconditional status
FMG closer to securing Red Hawk as offer nears unconditional status
5th February 2025 By: Mariaan Webb

Iron-ore major Fortescue's bid to acquire Red Hawk Mining is progressing towards completion, with the offer now set to become unconditional by February 17. Fortescue’s subsidiary, FMG Pilbara... 


Joanne Bate
Bate still expects to play role in green transition following IDC departure
5th February 2025 By: Terence Creamer

Former Industrial Development Corporation (IDC) COO Joanne Bate, who departed the development financier at the end of January, expects to continue to play some role in South Africa’s green energy... 


M23 rebels
64 NGOs ask EU to cancel mineral pact with Rwanda over Congo war
5th February 2025 By: Bloomberg

A group of 64 organizations mainly from the Democratic Republic of Congo sent a letter asking the European Union to cancel a critical minerals partnership with Rwanda because of its support for a... 


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