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Rare earth boss sees 'long, hard process' to loosen China’s grip
Rare earth boss sees 'long, hard process' to loosen China’s grip
17th June 2025 By: Bloomberg

Western nations will take years to develop enough rare earth processing capacity to limit China’s dominance over the critical ingredients, according to industry veteran and former Molycorp boss... 


A farm in South Africa
Agribusiness confidence index drops slightly in the second quarter
17th June 2025 By: Creamer Media Reporter

After a notable uptick in the first quarter of this year, the Agricultural Business Chamber of South Africa (Agbiz)/Industrial Development Corporation (IDC) Agribusiness Confidence Index (ACI) fell... 


Equipment in use at the K.Hill project in Botswana
Giyani receives LoI from Exim for potential $225m financing
17th June 2025 By: Creamer Media Reporter

Giyani Metals Corp, the developer of the K.Hill battery-grade manganese project, in Botswana, has received a nonbinding letter of interest (LoI) from the US government's export credit agency the... 


NeoSmelt secures federal support, adds Woodside and Mitsui to green steel JV
NeoSmelt secures federal support, adds Woodside and Mitsui to green steel JV
17th June 2025 By: Creamer Media Reporter

NeoSmelt, an Australian joint venture (JV) formed to advance lower-emissions steelmaking from Pilbara iron-ore, has secured fresh federal funding and welcomed two new partners to its... 


IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
IFC to provide $400m loan for Pakistan's copper/gold Reko Diq mine
17th June 2025 By: Reuters

The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a... 


Santos CEO Kevin Gallagher
'Deep pockets' could help Abu Dhabi win regulatory approval for Santos bid, analysts say
17th June 2025 By: Reuters

Abu Dhabi National Oil Company, preparing an $18.7-billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with... 


US Export-Import Bank considers $120m loan for Greenland rare earths project
US Export-Import Bank considers $120m loan for Greenland rare earths project
17th June 2025 By: Reuters

Critical Metals has received a letter of interest from the US Export-Import Bank (EXIM) for a loan worth up to $120-million to fund the company's Tanbreez rare earths mine in Greenland, in what... 


Steel localisation should remain focused on machinery, automotive, construction industries, experts say
Steel localisation should remain focused on machinery, automotive, construction industries, experts say
17th June 2025 By: Darren Parker

The main contribution from the steel value chain to South Africa’s GDP comes from machinery and automotive production, along with the construction industry. From this standpoint, maximising the... 


Altona signs NDA with international critical metals industry group
13th June 2025 By: Sabrina Jardim

London-listed Altona Rare Earths has signed a nondisclosure agreement (NDA) with an international critical metals industry group for potential strategic investment in the Monte Muambe rare earths... 


ship at sea
Transport sector shows signs of stabilisation amid ongoing structural challenges – index
13th June 2025 By: Darren Parker

After declining for eight consecutive months to reach a revised index level of 113.5 in January, the lowest level since December 2022, the Ctrack Transport and Freight Index (TFI) increased in each... 


Krutham executive chairperson Dr Stuart Theobald
Krutham announces winners of the 2025 Africa Impact Investment Awards
13th June 2025 By: Sabrina Jardim

Research-led consulting firm Krutham has announced the winners of the third edition of the Africa Impact Investment Awards, sponsored by FirstRand. Krutham says this year’s winners demonstrate how... 


Potential Exim support for HyProMag's US rare earths recycling plant
13th June 2025 By: Mariaan Webb

HyProMag USA, a joint venture between CoTec and TSX-V-listed Mkango Resources, has received a letter of interest (LoI) from the Export–Import Bank of the United States (Exim) for its planned rare... 


An image of the excavator scale and software app
Company brings digital tech to quarrying sector
13th June 2025 By: Trent Roebeck

The adoption of digital innovations, such as modern equipment or technologies for automation and cloud storage solutions, are becoming more prevalent in the quarrying and mining sector in Africa.... 


Formula for ammonia
Coega green ammonia project, South Africa – update
13th June 2025 By: Sheila Barradas

The project has reached another milestone. 


Image of FPSO facility
Gato do Mato field development, Brazil
13th June 2025 By: Sheila Barradas

The Gato do Mato Consortium plans to reinject natural gas for reservoir pressure support in the Gato do Mato field, with future optionality to export gas to onshore facilities.  


Magazine cover image
Uncertainty persists over key mining Bill clauses as Mantashe publishes erratum
13th June 2025 By: Darren Parker

The latest version of the Mineral Resources Development Bill of 2025, released for public comment on May 20, is unlikely to meet its objectives and may instead prolong regulatory uncertainty,... 


Fee trade – the sequel
13th June 2025 By: Riaan de Lange

To fully appreciate this column, grab your calendar and calculator or prepare to do some mental maths. Start with May 16 and June 21 of 2024. How many days passed between the two dates? On both... 


US is South Africa's second-biggest export market
US is South Africa's second-biggest export market
13th June 2025

The US is South Africa’s second-largest export market, after China. In 2024, South Africa exported goods worth R157-billion to the US, compared to R220-billion to China. Germany, the third-largest... 


Magazine cover image
Uncertainty persists over key mining Bill clauses as Mantashe publishes erratum
13th June 2025 By: Darren Parker

The latest version of the Mineral Resources Development Bill of 2025, released for public comment on May 20, is unlikely to meet its objectives and may instead prolong regulatory uncertainty,... 


May new-vehicle sales jump by 22%, exports continue to trend downwards
13th June 2025 By: Irma Venter

Total May new-vehicle sales, at 45 308 units, jumped by 22% compared with the same month last year, buoyed by a nixed value-added tax increase, a drop in interest rates and the tabling – finally –... 


Drill core from the Kola potash project
Kola potash project, Congo-Brazzaville – update
13th June 2025 By: Sheila Barradas

Kore Potash has signed nonbinding term sheets with Swiss-based OWI-RAMS for a funding package to develop its Kola potash project.  


Image of drill core from the Monte Muambe
Monte Muambe rare earths and fluorspar project, Mozambique – update
13th June 2025 By: Sheila Barradas

Altona Rare Earths is seeking a strategic investor to co-fund a prefeasibility study phase, following the identification of potentially economic gallium grades. 


Location map of the Wicheeda property
Wicheeda rare earth element project, Canada – update
13th June 2025 By: Sheila Barradas

Exploration and rare earths development company Defense Metals announced a letter of interest from Export Development Canada on June 5 that could result in up to $250-million in debt financing... 


Greenland gold mine sees rush of investors in new funding round
Greenland gold mine sees rush of investors in new funding round
12th June 2025 By: Bloomberg

Amaroq Minerals, which mines for gold in Greenland, has secured international backing in an oversubscribed fundraising round, underscoring rising interest in Arctic resources. Greenland and its... 


President Cyril Ramaphosa addressing the Africa Green Hydrogen Summit in Cape Town
Ramaphosa aims to use G20 platform to clear hurdles to African green hydrogen, just energy investments
12th June 2025 By: Terence Creamer

President Cyril Ramaphosa has again underlined the industrialisation potential of green hydrogen, and has stressed that South Africa will use its G20 Presidency as well as its participation in the... 


South Africa President Cyril Ramaphosa flanked by CFM Green Hydrogen executive Sebastiaan Surie (left) and Hive Hydrogen chairperson Thulani Gcabashe.
South Africa’s green hydrogen sector boosted by big-ticket funding commitments
12th June 2025 By: Martin Creamer

In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s... 


Hancock to merge Roy Hill and Atlas Iron under new banner
Hancock to merge Roy Hill and Atlas Iron under new banner
12th June 2025 By: Mariaan Webb

Gina Rinehart's Hancock Prospecting is consolidating its two iron-ore businesses – Roy Hill and Atlas Iron – into a single entity named Hancock Iron Ore, in a move the company says will combine the... 


Perpetua secures $400m as part of Stibnite financing push
Perpetua secures $400m as part of Stibnite financing push
12th June 2025 By: Creamer Media Reporter

Nasdaq- and TSX-listed Perpetua Resources has locked in $400-million in equity commitments through a bought deal financing and private placement, advancing a funding plan for its flagship Stibnite... 


A farmworker holding grapes
South African wine body given an award for innovation
11th June 2025 By: Rebecca Campbell

The representative body for the local wine sector, South Africa Wine, has announced that it has been awarded a Cape Chamber of Commerce and Industry Innovation Award. This award comes just two... 


Glencore halted some cobalt deliveries over Congo export ban
Glencore halted some cobalt deliveries over Congo export ban
11th June 2025 By: Reuters

Glencore declared force majeure on some deliveries of cobalt from Democratic Republic of Congo days after the government suspended exports of the battery material, three sources familiar with the... 


An Ironveld smelter
Ironveld raises £900 000 to lift processing capacity
11th June 2025 By: Creamer Media Reporter

Aim-listed strategic metals producer Ironveld has raised £900 000, before expenses, through a placing with investors of two-billion shares at a price of 0.045p apiece. "Market demand for our dense... 


Business
Sacci reports business confidence up slightly, month-on-month, but strongly, year-on-year
11th June 2025 By: Rebecca Campbell

The South African Chamber of Commerce and Industry (Sacci) on Wednesday reported that its latest Business Confidence Index (BCI) had “lost some momentum” in April and May. The BCI had declined by... 


China rare-earth magnet maker gets green light for US exports
11th June 2025 By: Bloomberg

A major Chinese manufacturer of rare-earth magnets received export permits to countries including the US, in a possible sign of easing tensions between Beijing and Washington. JL Mag Rare-Earth... 


Resolution enters US critical minerals race with Horse Heaven acquisition
Resolution enters US critical minerals race with Horse Heaven acquisition
11th June 2025 By: Mariaan Webb

ASX-listed Resolution Minerals on Wednesday announced a binding agreement to acquire the Horse Heaven antimony/gold/tungsten project in Idaho, US. Horse Heaven is located in the historical... 


A gold mining operation in Zimbabwe
Gold rally brings riches to rural Zimbabwe
11th June 2025 By: Bloomberg

In Filabusi, in south-eastern Zimbabwe the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the... 


Nevada Copper project draws $896m US financing interest
Nevada Copper project draws $896m US financing interest
11th June 2025 By: Reuters

A Nevada mining project has attracted the attention of the Export-Import Bank of the United States, which is showing interest in offering $896-million to support a company seeking to build a copper... 


Bags of lithium concentrate being loaded onto a truck
Zimbabwe to ban export of lithium concentrates from 2027
11th June 2025 By: Reuters

Zimbabwe will ban the export of lithium concentrates from 2027 as it extends its push for more local processing, mines minister Winston Chitando said on Tuesday. Africa's top producer of lithium,... 


US-China trade talks on export controls to resume for a second day
10th June 2025 By: Reuters

Top US and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls for rare earths and other goods that have threatened... 


Port of Dampier
New agreement to decarbonise WA iron-ore exports
10th June 2025 By: Creamer Media Reporter

Delaware-based Terra Metals and its Zambian subsidiary, Lunda Resources, have reported flotation recoveries of 96.5%copper and concentrate grades nearing 27% at their Kalaba copper project in... 


Thulani Gcabashe (right) and Donald McGillivray.
South Africa's green hydrogen project backed by 1 430 MW fully permitted solar cluster
9th June 2025 By: Martin Creamer

The Coega Green Ammonia project in Nelson Mandela Bay has reached another milestone – the permitting of a 1 430 MW solar PV cluster development phase that will supply 40% of the power required by... 


Building confidence loses ground in Q2, residential sector under pressure – FNB/BER index
Building confidence loses ground in Q2, residential sector under pressure – FNB/BER index
9th June 2025 By: Irma Venter

After gaining one index point in the first quarter of the year, the FNB/BER Building Confidence Index fell by five points to 36 in the second quarter. The current reading means that almost 65% of... 


An EV being charged
Auto companies 'in full panic' over rare-earths bottleneck
9th June 2025 By: Reuters

Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of... 


US Treasury Secretary Scott Bessent
US and China set for trade talks in London on Monday
9th June 2025 By: Reuters

Three of US President Donald Trump's top aides will meet with their Chinese counterparts in London on Monday for talks aimed at resolving a trade dispute between the world's two largest economies... 


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