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Barrick signs MoU with Zambia to boost mining and exploration
Resources Watch
18th February 2025

This week: Barrick signs MoU with Zambia to boost mining and exploration and, Pan African says it can operate and grow in South Africa ‘very successfully’ 


Arizona Lithium rescinds Sandy Valley exploration plan, working to refine Big Sandy development
Arizona Lithium rescinds Sandy Valley exploration plan, working to refine Big Sandy development
17th February 2025 By: Creamer Media Reporter

ASX-listed Arizona Lithium on Monday announced that it had rescinded its approved plan of operations for the Sandy Valley exploration project (Phase 3), citing stakeholder input as a key factor in... 


Sun Silver and James Bay Minerals announce leadership changes
17th February 2025 By: Creamer Media Reporter

Australia-listed juniors Sun Silver and James Bay Minerals on Monday announced key board and management appointments as both companies position themselves for their next phase of growth. Sun... 


Scorpion to farm into E79's Jungar Flats
14th February 2025 By: Creamer Media Reporter

West Australia-based explorer E79 Gold Mines on Friday announced an earn-in and joint venture (JV) agreement with ASX-listed Scorpion Metals for the Jungar Flats project in the Murchison region.... 


Shuka Minerals progressing Zambian project acquisition
14th February 2025 By: Tasneem Bulbulia

Aim-listed Shuka Minerals is progressing work to complete the acquisition and redevelopment of the Kabwe zinc mine, in Zambia, with a new board put in place. In a corporate and operational update... 


Photo of Martin Creamer
On-The-Air (14/02/2025)
14th February 2025 By: Martin Creamer

Martin Creamer talks about Barrick’s Zambia MoU, Brics beneficiation, and KwaZulu-Natal aluminium green shift 


McEwen Copper requests major tax breaks for Los Azules copper mine in Argentina
McEwen Copper requests major tax breaks for Los Azules copper mine in Argentina
14th February 2025 By: Reuters

Canadian miner McEwen Copper, a subsidiary of McEwen Mining, has submitted a request to join an Argentine government incentives program that would give it significant tax breaks for its Los Azules... 


Photo of Martin Creamer
Barrick’s Zambia MoU, Brics beneficiation, and KwaZulu-Natal aluminium green shift
14th February 2025

Mining Weekly Editor Martin Creamer discusses Barrick’s MoU with Zambia to boost mining and exploration; Brics's role in beneficiation on the African continent; and the big aluminium producer in... 


LOCAL PARTNERSHIPS
Dwyka has partnered with service providers in the DRC to facilitate seamless drone operations in the country
Demand increases for drones in mines
14th February 2025 By: Simone Liedtke

The launch of mining technology integration partner Dwyka Mining Services’ training and development platform – Dwyka LABS, scheduled for mid-2025, is set to advance local expertise in the... 


Location map of the Bankan project
Bankan gold project, Guinea – update
14th February 2025 By: Sheila Barradas

Gold reserve developer Predictive Discovery Limited has raised almost A$70-million through a strategic private placement to advance a definitive feasibility study on the project. 


Image of lithium ore
Bougouni lithium project, Mali – update
14th February 2025 By: Sheila Barradas

First concentrate has been produced. 


Image of mineralised quartzite near Gorob drill site
Hope & Gorob copper/gold mining project, Namibia – update
14th February 2025 By: Sheila Barradas

UK-based copper/gold exploration and development company Bezant Resources has initiated a detailed optimisation programme to assess ore sorting recoveries for various sensor responses. 


Location map of the Kône gold project
Koné gold project, Côte d'Ivoire – update
14th February 2025 By: Sheila Barradas

Canada-based mineral resources company Montage Gold has committed to a significant number of long-lead item orders. 


Image of periodic table symbol for lithium
Prairie lithium project, Canada – update
14th February 2025 By: Sheila Barradas

Arizona Lithium has updated its phased development plan for the project. 


Location map of the Antler project
Antler copper project, US – update
14th February 2025 By: Sheila Barradas

Exploration and development company New World Resources has secured a key regulatory milestone for its Antler project. 


Developing a new mine in SA ‘simply not competitive or attractive’, says Minerals Council CEO
14th 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... 


Image of gold nuggets
El Limón Complex, Nicaragua
14th February 2025 By: Sheila Barradas

A gold mine about 100 km north-west of the Nicaraguan capital city of Managua. 


Govt should not bully miners into beneficiation, IDC must step up – Swanepoel
14th February 2025 By: Irma Venter

Beneficiation is not the responsibility of mining companies, says Manganese Metal Company (MMC) executive chairperson Bernard Swanepoel. “Speaking as the last standing manganese beneficiation... 


South Africa's aluminium needs to be decarbonised.
South Africa’s Hillside Aluminium continuing to go all out to decarbonise – South32
13th February 2025 By: Martin Creamer

While ‘high-carbon’ is the value-lowering label being put on aluminium from South Africa’s Hillside Aluminium in KwaZulu-Natal, the Sydney-, Johannesburg- and London-listed South32 benefits from... 


An image showing drilling at the Bibemi gold project
Oriole completes Phase 5 drilling at Cameroon project
13th February 2025 By: Tasneem Bulbulia

Aim-listed Oriole Resources has completed a Phase 5 drilling programme at its 90%-owned Bibemi orogenic gold project, in Cameroon, for a total of 6 915.40 m in 56 holes at the Bakassi Zone 1 (BZ1)... 


New Gold's New Afton operation in British Columbia
New Gold extends mine life at New Afton and Rainy River
13th February 2025 By: Mariaan Webb

Toronto-listed New Gold has extended the mine life of its New Afton and Rainy River operations and outlined a three-year operational outlook that projects strong free cash flow. At New Afton, in... 


Power Nickel secures C$40m for polymetallic project
13th February 2025 By: Creamer Media Reporter

TSX-V-listed Power Nickel on Wednesday announced the pricing of its previously disclosed “best efforts” private placement, raising about C$40-million to fund exploration at its Nisk... 


Ganfeng starts lithium production at Argentina's Mariana project
13th February 2025 By: Reuters

China's Ganfeng Lithium mining company has begun producing lithium at its Mariana project in northern Argentina, it said on Wednesday, kicking off one of several of its new lithium projects under... 


South32's Mozal aluminium operation in Mozambique
South32 rides commodity price gains to strong H1 results
13th February 2025 By: Mariaan Webb

Diversified mining and metals company South32 on Thursday announced a 25% increase in revenue, reaching $3.12-billion, and a 579% surge in profit after tax, totaling $360-million for the half-year... 


South African-born Barrick CEO Dr Mark Bristow
Barrick signs MoU with Zambia to boost mining and exploration
12th February 2025 By: Martin Creamer

Gold and copper mining company Barrick has signed a memorandum of understanding (MoU) with a resources organisation of the government of Zambia, which is aimed at boosting exploration and mining in... 


The Uis tin mine
Andrada secures $2.5m loan to build a second tin processing jig plant at Uis
12th February 2025 By: Creamer Media Reporter

Tin producer Andrada Mining, which has a portfolio of critical raw materials mining and exploration assets in Namibia, has secured a $2.5-million loan from LC Abelheim as a trustee of the Orange... 


Predicted productivity changes in oceans around Africa
Ocean productivity likely to decline in the future, satellite data shows – CSIR
12th February 2025 By: Schalk Burger

Of 15 global Earth system models of how climate change will impact oceans, those that project a future decline in primary production in oceans correlate most closely with remote sensing satellite... 


A map indicating the world's largest sediment-hosted copper districts
Ivanhoe forms JV to explore for copper in Kazakhstan
12th February 2025 By: Creamer Media Reporter

TSX-listed Ivanhoe Mines, which has successfully developed the large-scale joint venture (JV) Kamoa-Kakula copper complex in the Democratic Republic of Congo, has formed a JV with UK-based private... 


Ukrainian graphite mine hopes for Trump deal, but say returns won't be instant
12th February 2025 By: Reuters

t the 90-year-old Zavallivsky graphite mine in central Ukraine, CEO Ostap Kostyuk dreams of making graphite pure enough to use for lithium batteries, something he compares to trying to "make a... 


Resources Minister Madeleine King
Australia passes critical minerals tax incentives to boost local processing
12th February 2025 By: Mariaan Webb

Australia has passed landmark legislation introducing production tax incentives for critical minerals and renewable hydrogen, a move aimed at strengthening domestic processing capabilities and... 


St Barbara to separate Canada operations
St Barbara to separate Canada operations
12th February 2025 By: Mariaan Webb

Australia's St Barbara announced on Wednesday its intention to separate the Atlantic Gold Operations in Nova Scotia, Canada, from the broader company. The decision, the ASX-listed miner said,... 


Revival targets up to 100 000 oz/y from redeveloping Utah gold mine
11th February 2025 By: Creamer Media Reporter

TSX-V-listed Revival Gold is advancing plans to redevelop the Mercur gold project in Utah, with the company targeting gold production of 80 000 oz/y to 100 000 oz/y over a nine-to-ten-year mine... 


Challenger moves towards production at Argentina project
11th February 2025 By: Creamer Media Reporter

Gold and copper exploration company Challenger Gold has announced progress towards mining and toll milling at its flagship Hualilan project in Argentina, securing multiple mining contracts and a... 


Marula to finalise NCLT project acquisition following receipt of prospecting right
11th February 2025 By: Sabrina Jardim

Following the receipt of the signed prospecting right for the Northern Cape lithium and tungsten (NCLT) project in December, Africa-focused mining and exploration investment company Marula Mining... 


Kodal produces first spodumene concentrate at Mali project
11th February 2025 By: Tasneem Bulbulia

Mineral exploration and development company Kodal Minerals has produced the first spodumene concentrate at its flagship, fully-funded Bougouni lithium project, in southern Mali. This was achieved... 


Rome assures shareholders its DRC operations continue uninterrupted
11th February 2025 By: Darren Parker

In light of the ongoing security developments in the eastern Democratic Republic of Congo (DRC), Aim-listed Rome Resources has confirmed that drilling operations at its Bisie North site continue... 


An image of Montero president and CEO Dr Tony Harwood
Montero receives second instalment from Tanzania for Wigu project expropriation
11th February 2025 By: Tasneem Bulbulia

TSX-V-listed Montero Mining and Exploration’s legal representatives in Tanzania have received $8-million in cash, the second instalment of the $27-million settlement between the company and the... 


Rio Grande lists on Canadian Securities Exchange
11th February 2025 By: Creamer Media Reporter

The Canadian Securities Exchange (CSE) on Monday welcomed Rio Grande Resources to its exchange following a spin-out transaction by Foremost Clean Energy. The new Vancouver-based exploration... 


Polymetals raises A$35m for Australian silver and zinc mine
10th February 2025 By: Creamer Media Reporter

ASX-listed Polymetals Resources has announced a A$35-million capital raise as it continues to advance its Endeavor silver/zinc mine in New South Wales. The company has received commitments for a... 


Katoro raises funds as it seeks to expand its critical minerals portfolio in Canada
10th February 2025 By: Sabrina Jardim

Aim-listed Katoro Gold has announced conditional equity financing of £317 500 through the issue of 635-million new ordinary shares, at a placing price of 0.05p per placing share. Katoro says the... 


Saudi Arabia’s Maaden raises $1.25bn to fund mining growth
Saudi Arabia’s Maaden raises $1.25bn to fund mining growth
10th February 2025 By: Bloomberg

Saudi Arabian Mining Co., commonly known as Maaden, has raised $1.25-billion from its debut Islamic bond sale as the company looks to fund a huge expansion program over the next five years. Maaden... 


Trump’s policies to have major impact on global critical minerals sector
7th February 2025 By: Sabrina Jardim

The global minerals and metals sector is expected to face significant volatility owing to expected dollar strength and trade policy shifts led by US President Donald Trump, with sentiment highly... 


Image of iron-ore bucket loader
Zanaga iron-ore project, Congo-Brazzaville – update
7th February 2025 By: Sheila Barradas

Zanaga Iron Ore Company has announced that, together with its 100%-owned subsidiary MPD Congo, it has signed a memorandum of understanding with Centrale Électrique du Congo (CEC) SA to evaluate... 


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